Why costs should not be imposed on JCIT for in acting in reckless illegal Manner – Asked Rajasthan HC

Compliance Calendar for Dec-22

You will soon have access to paperless Home loans

No deduction towards Employee’s Share of PF/ESIC if not paid within the due date

An overview of the FATCA Reporting

Tax Compliance Calendar For The Month of December – 2022

Capital gain exemption if Sale deed not done within 2 years: Beneficial provisions must be liberal to accommodate rules laid down broadly to verify compliance and must not be interpreted literally.

PENALTIES APPLICABLE UNDER THE BOMBAY PUBLIC CHARITABLE TRUST ACT [SECTION 66]

SC issued Notice in SLP against HC dismissing the writ petition challenging reassessment proceedings under section 148.

No section 263 revision permissible without pointing out what inquiries/verification hadn’t been made by AO in original assessment: HC

Amounts paid within the period of three years but sale deed not executed: Taxpayer eligible for capital gain exemption U/s 54

Chartered Accountant can’t be prosecuted under the PMLA for the certificate issued in Form 15CB based on non-genuine documents submitted by the client: Madras HC

12AA application cannot be rejected by casting aspersions on the genuineness of the objects without any adverse findings: Delhi HC

If taxpayer objects to the outstanding demand, AO has to response to the CPC within 21 days

Documents requirements and filing under Maharashtra Public Trusts Act

CBDT instruction on time bound reply to response against intimation U/S 245

NHAI Capital Gain Binds : All banks are asked to discontinue NHAI 54EC Bonds with immediate effect

Adjustment of Refund against outstanding demand – CBDT instruction asking AO to response within 21 days