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Decoding Sri Lankan Economic Crisis – Lesson to Learn

Rajasthan GST: New Guidelines Issued for SGST Reimbursement by Hotels and Tour Operators which includes online facility of Application

Construction Contract and Valuation of Land for GST liability

Form 10BD required to be filed by Charitable Institutions: An Overview

Validation Rules for ITR 3

New tax rate of 6% introduced on certain goods

Applicability of Section 56(2) on Renouncing Rights Shares in Favour of the Assessee by non-related person is Liable to Tax u/s 56(2)

Mandatory deduction of 1/3rd of total consideration towards the value of land is arbitrary: Guj. HC

Interest & Penalty to be imposed only if credit was wrongly availed & utilised: HC

reassessment notices issued under the unamended Section 148 of the Income Tax Act on or after April 1, 2021, will not be deemed to be invalid

Prosecution under PMLA not tenable, if no sufficient case made out: SC

1/3rd deduction towards Land in GST & Gujarat High Court Landmark Judgement

Whether interest on delayed payment of TDS is deductible expenses?

One more achievement by Infosys led portals

Applying Article 142 in the Income Tax Law for validating the reassessment proceeding: An overview

Gujarat High Court gave GST relief to homebuyers, plot purchasers & real estate investors

Applicability of Tax Audit on remuneration from Partnership firm

SC holds reassessment notices issued under old regime deemed to be issued under Sec.148A

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This is an online news portal for tax news, updates, articles, judgments, Circulars, Notification and orders with regards to Indian Taxation Laws. ‘Simplifying the TAX & creating awareness about tax laws is the main motto of the Team theTAXTALK.

Recent Posts

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  • Demonetisation Tax Shock Gets a Reality Check: Rajasthan HC Rules 60% Tax Under Section 115BBE Not Applicable for AY 2017-18
  • Section 234C’s Hidden Cushion: The Lesser-Known 12% and 36% Advance Tax Rule
  • Foreign Assets, Reassessment & Non-Residents: ITAT Special Bench Clarifies the 16-Year Rule
  • Presumptive Taxation vs. Stamp Duty Valuation: ITAT Draws the Line Against Double Taxation

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