CBDT mandates E-filing of Forms, Returns, Statements, Reports, and Orders

“Cabinet approves amendments to LLP Act for decriminalizing offences”

RERA registration compulsory if the builder wish to “advertise” the ” new ” project

Real ease of business could be by merging CBDT & CBIC: An appeal to Hon’ble Prime Minister Sir by the Team Tax Talk

Whether a regular sale or a slump Sale: An issue before Bombay ITAT

CIT cannot substitute the possible view taken by the AO while exercising revisionary power u/s 263

CBDT issues SOP for handling writ petitions where assessment is made under the Faceless Assessment Scheme 2019 or penalty is passed under Faceless Penalty Scheme, 2021 if NaFAC/CBDT is one of the respondents

Failure of TDS by the deductor: Deductee cannot be denied the TDS Credit

Members base cannot exceed 50 in case of AOP

Validity of disallowance of partners remuneration under section 40(b) on income declared during survey

Foreign travel expenses claimed in respect of wife not allowable if wife wasn’t an employee of assessee’s concern

If there is no positive credit standing in the electronic credit ledger on the date of the order, passed under Rule 86-A, that order would be read to create a lien upto limit specified

Amendment by FA 2013 to include HUF within scope of Sec. 54B relief is clarificatory in nature: ITAT

Consultancy fees paid for studying & preparing a strategy to reduce cost of production is eligible for deduction: HC

Interest on Compulsory acquisition of land & its plea of its spreading over different years

Sec. 68 additions justified if assessee failed to prove identities & creditworthiness of investors: HC

Failure of Deductor to pay TDS, payee cannot be denied the TDS Credit

sum received by the assessee on sale of additional FSI, is not exigible for long term capital gains and the same is to be excluded under normal provisions of the Act