Articles By DEVKUMAR KOTHARI

123 4 5 6........ 56
Article Section

Home Articles DEVKUMAR KOTHARI Experts This
Submit New Article
Select Category

Articles By: DEVKUMAR KOTHARI
Showing 21 to 40 of 1115 Records

	Allowable Business Expenditure: Physical and mental fitness are essential for life and its purpose for any one. It is equally important for success in any vocation – occupation, profession, trade, commerce, industry etc.
	By: - DEVKUMAR KOTHARI Dated: December 18, 2024
	All Articles by: DEVKUMAR KOTHARI View Profile
	Co-Author: CA UMA KOTHARI View Profile

	Practice support:Non-application of mind by authorities- need scrutiny of procedure and documentation at each stage. Non-application of mind, if proved, can be good ground of contesting proceeding as void , devoid of merits, irregular, unsustainable, liable to quashed etc. depending on nature of proceeding and seriousness of issues.
	By: - DEVKUMAR KOTHARI Dated: December 14, 2024
	All Articles by: DEVKUMAR KOTHARI View Profile
	Co-Author: CA UMA KOTHARI View Profile

	Charge or levy of interest means extension or revision of of due date to pay and related performance.
	By: - DEVKUMAR KOTHARI Dated: October 7, 2024
	All Articles by: DEVKUMAR KOTHARI View Profile
	Co-Author: CA UMA KOTHARI View Profile

	Amendment of Section 47 of Income tax Act about exempted transfer for the purpose of capital gains. Only gifts by individual and HUF will be exempt. Suitable changes in nomination Form or separate declaration is desired to avoid disputes in future.
	By: - DEVKUMAR KOTHARI Dated: August 16, 2024
	All Articles by: DEVKUMAR KOTHARI View Profile

	Profit or loss government is always a gainer by collecting tax on transactions– Profit or loss government is always a gainer by collecting tax on transactions–
	By: - DEVKUMAR KOTHARI Dated: July 29, 2024
	All Articles by: DEVKUMAR KOTHARI View Profile

	Budget speech date that is 23rd July, 2024 is effective date for new rates for tax on capital gains- seems a new practice in matter of rate of income tax.
	By: - DEVKUMAR KOTHARI Dated: July 27, 2024
	All Articles by: DEVKUMAR KOTHARI View Profile

	Sorry FM madam, with great respect and regards, author differ and request you to withdraw proposal of deemed dividend.Just amendment to S. 10(34A) and 115QA , as proposed will be sufficient to make shareholders liable to pay tax on any profit or gains, if any, in case of bought back of shares. Deeming dividend is patently wrong on all principals.
	By: - DEVKUMAR KOTHARI Dated: July 26, 2024
	All Articles by: DEVKUMAR KOTHARI View Profile

	Without independent application of mind by any of officer at different stages can render proceedings void. – Officers must be careful.
	By: - DEVKUMAR KOTHARI Dated: July 17, 2024
	All Articles by: DEVKUMAR KOTHARI View Profile

	Practical aspects: challenging notice for reassessment of escaped income.
	By: - DEVKUMAR KOTHARI Dated: July 16, 2024
	All Articles by: DEVKUMAR KOTHARI View Profile

	A good beginning – no GST on notional loan processing charges
	By: - DEVKUMAR KOTHARI Dated: July 15, 2024
	All Articles by: DEVKUMAR KOTHARI View Profile

	Validity of subordinate provision like I.T. Rules: The universal tests pragmatic, fair and just satisfied therefore Rule for valuation of perquisites by way of interest free or concessional loan has been held valid and intra virse the Constitution and Income Tax Act and within powers of Rule Making Authority (CBDT)
	By: - DEVKUMAR KOTHARI Dated: June 28, 2024
	All Articles by: DEVKUMAR KOTHARI View Profile

	Capital gains – asset must be a capital asset at the time of sale – a point of view.
	By: - DEVKUMAR KOTHARI Dated: June 26, 2024
	All Articles by: DEVKUMAR KOTHARI View Profile

	Reasonable accounting estimates are acceptable under provisions relating to accounts under company law and tax law both. There should not be litigation by revenue.
	By: - DEVKUMAR KOTHARI Dated: June 1, 2024
	All Articles by: DEVKUMAR KOTHARI View Profile

	Non-receipt of report of DVO, matter deserves to be restored instead of confirming addition based on stamp authority valuation and in similar other circumstances
	By: - DEVKUMAR KOTHARI Dated: May 21, 2024
	All Articles by: DEVKUMAR KOTHARI View Profile

	Mohit Agarwal Vs. CIT (All)- Appeal of assesse was earlier admitted then at the time of further hearing dismissed as based on facts and meritless involving no substantial question of law order is not as per S. 260A and binding precedence and law declared by the Supreme Court.Apparent carelessness in typing of order- judges also need to be careful.
	By: - DEVKUMAR KOTHARI Dated: May 10, 2024
	All Articles by: DEVKUMAR KOTHARI View Profile

	Low tax effect in pending appeals- The administrative role to withdraw appeal can be carried by officers of appellant and / or by the Advocate on Record of appellant ( revenue) and Registry office without engaging counsels by appellant and respondent.Appeals with low tax effect must be withdrawn to avoid wastage of public money, brain drain of honorable judges and counsels and to achieve purpose for prescribing minimum tax effect limit for filing appeals.
	By: - DEVKUMAR KOTHARI Dated: May 4, 2024
	All Articles by: DEVKUMAR KOTHARI View Profile

	Supreme Court orders about alleged bogus capital gains on alleged penny stocks and case status of pending cases 1 Comment
	By: - DEVKUMAR KOTHARI Dated: May 1, 2024
	All Articles by: DEVKUMAR KOTHARI View Profile

	Section 115BBE is prospective held by the Supreme Court
	By: - DEVKUMAR KOTHARI Dated: April 30, 2024
	All Articles by: DEVKUMAR KOTHARI View Profile

	GST COLLECTION – NET COLLECTION DESERVE PUBLICATION/ REPORTING INSTEAD OF GROSS COLLECTION – there may be huge liability of ITC for various reasons.
	By: - DEVKUMAR KOTHARI Dated: April 23, 2024
	All Articles by: DEVKUMAR KOTHARI View Profile

	Judgment about Employees Contributions - in case of Checkmate Services P/ Ltd (SC) – need reconsideration – part 2 – WORDS NOT FOUND IN PROVISIONS BUT ADDED BY THE COURT
	By: - DEVKUMAR KOTHARI Dated: April 2, 2024
	All Articles by: DEVKUMAR KOTHARI View Profile