An overview of the Upcoming GSTR-1 enhancements & improvements

E-invoicing limit reduced from Rs 50 crore to 20 crore with effect from 1st April 2022.

No deduction U/s 37 for freebies paid to Doctors paid by Pharmaceutical Companies

Charitable Activity: Anything incidental or ancillary to the main object has to be read along with and in conjunction with the main object 

Recommendations by CAG on the Compliance of Tax provisions specific to Co-operative Societies and Co-operative Banks

New charitable Trust Registration: Chart showing Forms & Time Limit

Assessee can seek extension or shelter of Court if unreasonably short time granted in summons: HC

Agricultural activity on leased land: Whether Agricultural Income or not?

Implementation of ‘Core Financial Services Solution’ by Non-Banking Financial Companies (NBFCs)

Purchase of Immovable properties by Non Residents: A Short Overview

Interest earned by co-op societies on investments with Co-operative Bank is deductible u/s 80P(2)(d) or u/s 80P(2)(a)(i)?

Improvements in GSTR-1 – Phase-II

Income from sale of Mushroom Spawn grown by assessee: Whether agricultural income even if there is no use of land

Letting out of land independently which is part of business asset of assessee can be treated as income from business

Income Tax Benefits for Retired Employee

No retractions by assessee post survey tantamount to acceptance of undisclosed income: Seized documents & Statement together must be read as a whole

Deduction is to be allowed for belated payment of employee contribution to PF/ESI, deposited beyond due date stipulated under relevant statutes governing PF/ESI but deposited before due date for filing ITR u/s 139(1) of the 1961 Act

Merely because some surplus was generated, Activities cannot be regarded as  commercial in nature.