Key highlights from the 53rd GST Council Meeting

GST Council – Conditional Waiver of Interest and Penalty for FY 2017-18 to 2019-20

Payments made to retiring partners is diversion of income by overriding title and is not an income of the assessee firm.

Compliance Calendar July 2024

Rate of Surcharge for Individual Taxpayer with different Income Sources

Changes in GST Rates of Goods

Bombay High Court: Capital Gain Tax Not Payable On Transfer Of Shares By Way Of Gift.

Where there is sufficient information available with the AO, Sec 148 notice cannot be quashed: Rajasthan HC

Where there is sufficient information available with the AO, Sec 148 notice cannot be quashed: Rajasthan HC

Deeming Provisions Of Section 50C Can’t Be Applied For Leasehold Rights: Delhi ITAT

ITC ON BANK CHARGES

Share Income: Decoding the Best Tax Classification for You  

F&O transactions may attract higher tax rate

Income Tax Notice issued under section 148 with the name of the Income Tax Officer is not accordance with the provision of Law: Gauhati HC

RPM is the most suitable method, when there is no value addition before resale: ITAT Delhi

Disclosure of foreign assets and income in the ITR:

AAR Odisha: ITC is admissible on rental/hiring services to assessee engaged in providing transport service & opting forward charge

Excellent Representation by CA Association, Surat for starting system of centralised Allotment of Tax Audit