Reassessment Notice issued after 01/04/2021 without following new procedure quashed by Delhi HC: Biggest relief to the taxpayers

Assessee not liable to pay Income Tax as property belongs to HUF of Assessee and not individual: ITAT

How to file Trust Audit Report in Form No. 10B

The Biggest Retrospective Amendment on section 148 & Section 148A by Union Budget – 2022?

More than 7 lakh companies incorporated after announcement of Make in India programme

Clarification of holding of Annual General Meeting (AGM) through video Conference (VC) or Other Audio Visual Means (OAVM)

Income Tax raid on four Credit Cooperative Societies (CCS) & associates at Bangalore.

Delhi HC Quashed notices issued under section 148 after 31.3.21 without complying with provisions of section 148A.

Land under the aegis of a town planning authority but administered by a gram panchayat is not a capital asset: ITAT Ahmedabad

Section 54 & 54F exemption dependent on date of acquisition & not payment

CBDT notifies e-Verification Scheme, 2021

A statement recorded during the course of search cannot be considered an incriminating material in order to make addition in an unabated assessment year

Interest on income tax refund not taxable if at the time of regular assessment demand has been raised against the assessee and refund u/s 143(1) is wiped off.

Severance Pay received by employee for loss of job is capital receipt & not taxable under the Income Tax Act

Provision for ‘sales incentive’  is deductible under Sec. 37(1): Bombay  HC

Payment to UK company for providing access to software to member firms is not taxable: Delhi HC

CBI arrested CGST officer in a bribery case

A well elaborated and apt Pre Budget Memorandum by DTPA, Kolkata