ICAI - 100 crores corpus earmarked for scholarship to CA students ...

New procedure for registration, approval, etc. of certain entities deferred to 1st October, 2020...

• Experimental
• Black Metal
• Depressive

• Experimental
• Ambient
• Electronic
• D'n'B

• Metalcore
• Modern Metal

• Folk Metal

Book loss - Rs.100/-
Income tax Loss -Rs.80/- (due to disallowance of expense of Rs.20/-)

Deferred tax liability or asset ?
On what amount ? on 100 or 80 or on 20 ?
Please reply me with reason.
I am waiting for reply.

Section 115BBE ONE OF THE MOST DANGEROUS SECTION OF THE IT ACT.

My story belongs to Sec 115BBE one of the most dangerous section of the Income Tax Act 1961, and my story belongs to Appeal to Income Tax Applleate Tribunal against an order of CIT appeals.

Actually one of My case lying with an ITO regarding Cash on Demonitisation.
QUESTION NO 1) Should i proceed to ITAT against an order of CIT APPEALS for vacate of any demand arising under section 115BBE or not for a cash on demonitisation case and why ?
QUESTION NO 2) Should i move to CIT APPEALS AGAINST AN ORDER OF ITO for charging of penalty with tax under sec 115BBE during a Cash on demonitisarion case ? or Should i pay the whole amount of tax with fine which an ITO demands with penalty as tax on regular assessment and Why ?
QUESTION NO 3) What is the latest update of Sec 115BBE ?
QUESTION NO 4) Is there any probability of Special Audit during a cash on demonitisation case lying with CIT APPEALS and why ?
QUESTION NO 5 ) Is there any probability of relief of tax, if i move to CIT APPEALS OR EVEN to ITAT for vacate any demand arising out of Cash on demonitisation case Sec 115BBE ?

Disclaimer :- Only A qualified CA & CMA can answer to this query ( based on his/her practical approach ).

Regards

Viimasest kodukaku poegade pildistamisest on möödunud poolteist kuud. Poisid on vahepeal suureks kasvanud! :)

Rock band Queen and singer Adam Lambert are raising money for health workers fighting COVID-19 with new single "You Are The Champions", an updated version of classic hit "We Are The Champions" recorded on mobile phones under lockdown.

French President Emmanuel Macron said he was looking into more financial aid for the country's arts and culture sectors that have been hit hard by the coronavirus pandemic. 

Four Grammy awards, tens of millions of views, Quincy Jones as a manager, Herbie Hancock as a fan and Chris Martin as a collaborator: 25-year-old Jacob Collier has been compared to Mozart and Prince and called jazz's new messiah. The north London prodigy speaks to Eve Jackson from confinement about his four-volume, 50-song album "Djesse", being managed by the man who produced the best-selling album of all time, and what he's learned in lockdown.

Little Richard, whose outrageous showmanship and lightning-fast rhythms intoxicated crowds in the 1950s with hits like "Tutti Frutti" and "Long Tall Sally," has died. He was 87 years old.