Only profit element of bogus purchases are to be added to income, in case, sales are genuine: Bombay HC

National Pension Scheme (NPS) & Income Tax benefits

Loss from F & O can be set off against other Income

Representation requesting for Extension of due for filing Income Tax Returns (Non-Audit and Salaried) for Assessment year 2023-24 By BJP Professional Cell ,Mumbai

Salaried Taxpayers: Whether offering FDR interest on accrual basis is mandatory?

Most common tax saving allowance and perquisite for salaried Taxpayers

Bare Minimum Compliances by the Private Limited Company

ITAT directs AO to recover capital gain tax from assessee after revising wife’s ITR where it was mistakenly declared.

Section 16(4) of CGST Act, 2017 prescribing time line for claiming ITC is Constitutionally Valid: Andhra Pradesh HC

CBDT Authorises CCIT/DGIT Rank Officials To Condone Delay In ITR-filing By Co-Operative Societies

Religious expenses exceeds 5% & so trust held to be ineligible for sec. 80G approval: ITAT Pune

Carrying of the physical copy of Invoice is mandatory. Soft copy is not valid: Calcutta HC

GST Advisory: e- Invoice Exemption Declaration Functionlality Now Available

Can interest on bank FDR be taxed at the time of its withdrawals?

Not followed the CBDT Circular: Court imposed cost on the CIT & ordered interest on refund @9%

Deduction & Claim can be considered by way of a simple letter during assessment proceeding- No need for Revised Return

Salaried Taxpayers Under I-T Scanner