Demand notices based on GSTR 2A and GSTR 3B ITC discrepancies cannot be upheld without investigating the supplier whose invoices are missing from GSTR 2A.

Whether its processing under section 143(1)(a) or assessment U/s 143(3), PF / ESCI delayed payment is not allowable as deduction: ITAT Delhi

No penalty under section 271(1)(c) if disallowance is made suo motu by the Assessee

Assessment order passed without granting personal hearing quashed by Bombay High Court

Artificial Intelligence and Strong Database to drive Income Tax Department

Deferred shares are akin to ordinary shares, transfer pricing adjustment is upheld: ITAT

Compliance Calendar for Aug- 23

Renting of Immovable Property and other services by Director to the Company

Statutory and Tax Compliance Calendar for August 2023

Applicability of GST On : Renting Of Immovable Property and others services by Directors to the Company

ITR Return filing statistics of Individuals

Withdrawal of registration of trust cannot be retrospective: ITAT Mumbai

Clarification regarding GST rates and classification of certain goods based on the recommendations of the GST Council in its 50th meeting

E-Invoice Verifier App by GSTN – Advisory

Advisory: e-Invoice Exemption Declaration Functionality Now Available

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