REVERSAL OF INPUT TAX CREDIT-REAL ESTATE SECTOR

ADVERSE POSSESSION UNDER LAW

TAX WITHOUT ACTUAL INCOME: AN OVERVIEW OF SECTION 56(2)(X) By: Manjiri S. Gupta

AO could not disregard a transaction just because it resulted in tax advantage to assessee: Mumbai ITAT

Whether GST is applicable on supply of safe drinking water for public purpose by Chennai Water Desalination Plant Limited (CWDL)?

AAR on whether the GST registration is required by Rotary? 

Rs 1,33,026 crore Gross GST Revenue collected for February 2022

Development agreement specifying that the possession of the property is not given but only license to enter the property is given: Taxation of Capital gain in case of Development Agreement

Taxation of Non-Resident Individual (NRI) Part 2 :Tax Provisions for NRI By: Ayushi Raja

ANTI -PROFITEERING UNDER GST

“BENAMI TRANSACTIONS”, THE PROHIBITION OF BENAMI PROPERTY TRANSACTIONS ACT, 1988

Tax officers should not take advantage of an assessee’s ignorance to collect more tax out of him than is legitimately due to him: Karnataka HC

Amendment to section 50C providing for tolerance band of 10% is retrospective in nature: ITAT Mumbai

Court directed the Assessing Officer to dispose of the assessee’s rectification application under Section 154 within six weeks from the date of the Court’s Order. 

Get Ready: Google Location Mandatory for GST Registration Now

Business Compliance Calendar for March-22

ALTERNATIVES TO TRADITIONAL RE-INSURANCE

GST on post purchase Cash discount for early payment of supply invoices (bills) given by the supplier of goods to the applicant without adjustment of GST