CA Suresh Wadhwa

CA Suresh Wadhwa

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Reads before you call

Latest articles by CA Suresh Wadhwa.

Plain-English guides related to CA's areas.

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Jun 2, 2020

MSME Loans – Sailent Features

10 Fast Facts to note before you are planning to avail Collateral Free MSME Loan from Bank/ NBFCs/ of total announced INR 3,00,000 Crores[through the Guarantee of National Credit Guarantee Trustee Company Limited]:- 1. The Scheme is valid only for existing customers/ Borrowers of the

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Mar 7, 2020

Handling of Notices u/s 143(1)(a)/139(9) of Income Tax Act, 1961

Handling of Notices u/s 143(1)(a)/139(9) of Income Tax Act, 1961 Section 143 (1) Where a return has been made u/s 139, or in response to a notice u/s 142(1), such return shall be processed in the following manner, namely: (a) the total income or loss

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Mar 8, 2019

Assessee is under a legal obligation to prove the receipt of share capital/premium

The Assessee is under a legal obligation to prove the receipt of share capital/premium Latest Supreme Court Decision: Additions u/s 68 of INR 17.60 Crores made by the AO on account of Bogus Share Capital and Share Premium restored by the Hon`ble Supreme Court on

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Nov 27, 2018

Council of ICAI Vs. Sh. Gurvinder Singh (Supreme Court)

Council of ICAI Vs. Sh. Gurvinder Singh (Supreme Court) Hon’ble SUPREME COURT judgement dated November-16-2018 in the case of Council of ICAI Vs. Sh. Gurvinder Singh and Ans.: Hon’ble SC upheld the decision of Council of ICAI and found that the judgment given by Hon’ble

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Aug 20, 2018

Tips on Search & Seizure under Income Tax

Professional Tips on Search & Seizure under Income Tax When the taxpayer is visited by the Income Tax Officer, the taxpayer started to feel feared. The taxpayer thinks that they will be arrested. But, when an officer visits for Search & Seizure under Income Tax Act. They

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