Issue of sec. 148 notice under old provisions; Calcutta HC admits writ challenging validity of TLA Act, 2020

Wrong Claim for Income Tax Deduction can’t be a reason to invoke Penalty u/s 271(1)(c)

“ANNUAL COMPLIANCE FOR SECTION 8 COMPANIES”

If Long Term Capital Gain declared by the assessee is genuine, it can not be assessed as unexplained cash credit under section 68 of the Act.

Whether assessee can make fresh claim during assessment proceeding?

DGGI’s Meerut Zonal Unit detected case of short payment of GST of Rs. 180 crores on composite supply of Works Contract Services where the taxable value was not shown correctly: CBIC Chairman

If is found that some of the audit procedures detailed in the SAs were not in fact complied with, it may tantamount to the auditor making a deliberately false declaration in his report and the consequences for the auditor could be very serious indeed: NFRA

Income Tax Raids on four major Steel Rolling Mills Groups Maharashtra.

Taxation of Gratuity taxable on superannuation?

Supreme Court recalled the suo-moto limitation period order for filing of cases in view of the COVID second wave

LEAVE ENCASHMENT AT THE TIME OF RETIREMENT: TAXATION & PLANNING

Cases Excluded from Faceless Assessment: CBDT issues order u/s 119

CBIC issued Notification No. 36/2021 to amend Notification No. 03/2021

GST: Aadhaar authentication for registered person

If a claim is not made in the original return, it can be made during the assessment proceeding

Exemption to trust is not allowable if Form No. 10 is not filed: ITAT

Saving Long Term Capital Gain Tax by investing the amount in 54EC Bonds: Points & Precaution

Provisions of section 40(a)(ia) are attracted only if expenses are claimed in profit and loss account and not when the same are capitalized