Drastic changes made in FCRA and related rules relating to Charitable and Religious Trusts (Trusts/NGOs) are not proper and causing undue hardship to NGOs: An Excellent Representation by BJP CA Cell

Reassessment is invalid if the notice u/s 143(2) is issued on the very same day of filign income tax return

Bombay High Court asked to take action against E-commerce dealer for supplying various non essential items

Reason to believe Vs. Reason to Suspect: Crucial observation by Supreme Court

Products of spontaneous growth are not products of Agriculture and income derived from them is not agriculture income.

Taxing authorities are entitled to look into the surrounding circumstances to find out the reality and the matter has to be considered by applying the test of human probabilities.

Heavy cash deposits during Demonetization: ITAT Visakhapatnam gave relief to the taxpayers

SCN before confiscation of goods under Customs can’t be indefinitely deferred if goods provisionally released post seizure: Bombay HC

‘43rd GST Council meeting Outcome: 8 Key highlights dated 28th May, 2021

Dont Get Surprised !  Rs. 107 Crore collected by Government towards GST returns Late Fee & Penalty 

CIT Appeal filing date relaxed to 31/05/2021 in view of Supreme Court Order: CBDT clarified

AN OVERVIEW OF GST COUNCIL 43rd MEETING ON 28th MAY 2021

Income Tax Law related to Carry Forward and Set Off of Losses

Highlights of 43rd GST Council Meeting

Taxation of income from Short Term Capital Gain (STCG)

Interest for failure to collect tax at source/delay in payment of TCS, Waiver of interest under section 220(2A) by Commissioner: An overview

All about Minimum Alternate Tax (MAT) & Alternate Minimum Tax (AMT)

Power of inspection, search or seizure, Confiscation of goods vs. Authority competent to pass the prohibition order