Income earned by trust from business activities eligible for exemption if primary objects were charitable [HIGH COURT OF MADRAS].
Decision on debatable point of law or fact cannot be corrected by rectification u/s. 254(2) of the Income Tax Act, 1961.In The ITAT Delhi Bench `F’ [Prem Colonisers (P.) Limited].
Result of the ISA assessment test held on 22nd December, 2012 is likely to be declared tentatively on 21st January, 2013.
Result of the CA final exam held in November, 2012 and CPT held in December, 2012 are likely to be declared on Monday, the 21st Jan 2013.
Today (15-01-2013) is last date to file TDS/TCS returns for Q3 of 2012-13.Late fee of 200 per day with return from tomorrow. (Government TDS returns by 31-01-2013).