New Annual Information Statement & 50 Transactions to be incorporated therein

Representation on RCM Residential , Appeal and GTA by Maharashtra Tax Practitioners Association

Show Cause Notice (SCN) can’t be issued in respect of transactions which took place more than 8 years back, where law requires record to be maintained for 8 years: SC

Disclaimer in Clause No. 44 of Tax Audit Report  IS better than Disclosure as Tax auditor requires to certify the report as True & Correct and not as True & Fair

पिक्चर अभी बाकी है – Union of India Vs. Ashish Agarwal decided on 04.05.2022 challenged before P & H High Court

Deduction U/s 80G towards Donation by an employee

The Twist: Union of India Vs. Ashish Agarwal decided on 04.05.2022 challenged before P & H High Court

Supreme Court Declares Section 3(2) and 5 Of Benami Transactions Prohibition Act As Unconstitutional; 2016 Amendment Act To Have Only Prospective Effect

Request to address the concerns arising from automatic processing under section 143(1) of the Act by the CPC – ICAI

2016 Amendment to Benami Act can’t be applied retroactively to transactions entered into before 25-10-2016: Apex Court

Govt Contract Winners Must Share All Details For GST Assessment : S C

Used cash in hosptals, party halls? I-T will target you

“It is not out of place to mention here that the information made available/data uploaded by the reporting entities may not be fully accurate due to inter alia, error of human nature technical nature, etc”: CBDT

Foreign Exchange Management (Overseas Investment) Rules, 2022

NCCL Representation to scrap Clause No. 44 of the Tax Audit Report (Form 3CD) under the Income Tax Act, 1961.

SEBI SETTLEMENT SCHEME 2022 WITH FAQ’S

Rule 40G: Form 29D to be filed to get a refund of TDS on payments to Non Residents U/S 195

Relaxation in condition for availing the Foreign Tax Credit by filing Form No. 67