Validity of Addition under section 68 on Receipt of unsecured loan if Assessee has furnished supportive details

All about Registration in GST

Revamp of Income Escaping Assessment

New Regime of Income Tax Search and Seizure Assessments – Glaring Implications

Whether Amount paid towards PMS Fees is allowable as deduction? Mumbai ITAT in Mateen Pyarali Dhokia vs DCIT.

Key Feature of the Guidelines issued by the CBDT on Section 194Q for TDS on purchase of Goods

Assessment of income in the correct head of income is important from the perspective of its taxation. Every item of income, whatever its source, would fall under one particular head and for the purpose of computing the income

The Controversy: No TCS on Purchase of Coal or Scrap because of declaration given by the buyer in Form No. 27C: Whether TDS U/s 194Q will be attracted?

Key feature of Senior Citizen Savings Scheme (SCSS)

If reimbursement had no income element embedded in it, assessee would not be liable to deduct tax at source

No TDS U/s 194Q if the buyer has done TCS U/s 206C(1H): A welcome clarification by CBDT

No addition u/s 115BBE if the income is offered during the course of search and survey without anything unexplained

Key feature of Senior Citizen Savings Scheme (SCSS)

Admissibility of exemption on Running of hostel by the educational institution: Allahabad HC

TDS on purchase of Goods under section 194Q of Income-tax Act, 1961: Guidelines issued by the CBDT to clarify its applicability

No reversal of ITC due to loss during the manufacturing process

A Detailed Analysis of Section 194Q of the Income Tax Act, 1961

It is mandatory to file revised form 36 after death of assessee, as appeals cannot continue for or against a dead person.