AO merely on the guesswork has made the disallowance which is not permissible in the eyes of the law- ITAT deleted the entire ad-hoc additions.

A debatable issue cannot be a subject matter of adjustment u/s. 143(1) of the Income Tax Act-1961

GST: Services by RBI, IRDA, SEBI, FSSAI, GSTN and cord blood banks are now taxable.

Direction to opening the window for taxpayers to claim transitional credits by Supreme Court

Estate & Succession Planning through Wills, Private Trusts & Nomination (V)

Father cannot be Taxed for Cash Deposit in Bank Account opened in the Name of Son once he attained Majority: ITAT

Supreme Court orders directs opening the window for taxpayers to claim transitional credits

Where last day for filing of income/loss return is a day on which income-tax office is closed, assessee can file return on next day afterwards on which office is open and return will be considered to have been filed within specified time limit: An Analysis

Trading in Sawn timber is liable for TCS u/s 206C as Forest Produce?

Mere possession of the proceeds of crime is money laundering

What if the Income Tax Returns is not filed within Due Date? Why Worry?

NOC for closure of capital gain account not obtained –Whether exemption U/s 54 can be denied?

“Har Ghar Tiranga – Ghar Ghar Tiranga” campaign eligible for CSR deduction: Next Big move towards building patriotism

SC order on Trans 1 Credit: The GSTN Portal to be kept open for filling Form TRAN-1 & TRAN-2 for two months

Supreme court final Ruling on all the pending Tran-1 Writ Petitions

Respected Finance Minister, Please don’t extend the Date. But …… : Representation by Team www.theTAXtalk.com

Guidelines for compulsory selection of returns for Complete Scrutiny during the Financial Year 2021- 22 – conduct of assessment proceedings in such cases

Violations of Principles of Natural Justice and order passed beyond the scope of Show Cause Notice: Calcutta High Court quashed order passed under section 148A(d)