Clause 44 of Tax Audit Report vs. Bad Debts, GST on RCM, Depreciation, Electricity, Salary, Interest to Bank & Others, Late Fee

Portfolio management fee: Is it tax deductible?

How to Respond to the Outstanding Demand Notice in the Income Tax

Reimbursement of Expenses by the Principal and TDS applicability on payment of expenses by the agent

Illegal suspension of the GST registration of the petitioner on ground of non-payment of taxes for more than 3 return period & Observation by Calcutta High Court

Charitable Trust: Non-filing of Audit Report in Form 10B along with Return of Income is merely a procedural defect which is rectifiable- Mumbai ITAT

Assessee can’t escape Sec. 43B disallowance by crediting GST amount to B/S instead of taking it in P&L a/c: ITAT

Rs. 250 Cr of unaccounted income detected by IT officials

Robbery amount recovered by Police – Whether can be return to the Taxpayers even if the Income-tax Dept. has initiated section 132 proceedings?

Short Overview of the Changes in GSTR-3B as amended in the GSTN portal

Compliance Calendar for Sept-2022

Guidelines for launching prosecution under CGST Act

Assessee can’t have custody of robbed cash recovered by police once the Income-tax Dept. has initiated section 132 proceedings: HC

Change with regard to reporting of ITC in Table 4 of GSTR-3B now available on GSTN portal

Compensation for compulsory acquisition of Land: Not taxable even if there is no specific exemption provision in the Income-tax Act of 1961

Validity of Reopening on a new ground different from the ground on which notice was issued U/s 148A

Bad Debts Written Off: If a provision for expense is expressly excluded from Section 36 (1) (vii) then such a provision cannot claim deduction under Section 37 of the IT Act even on the basis of “real income theory”.

Sum paid by custom house agent to container freight station agent is liable to sec. 194C TDS: ITAT