Interest for failure to collect tax at source/delay in payment of TCS, Waiver of interest under section 220(2A) by Commissioner: An overview
Power of inspection, search or seizure, Confiscation of goods vs. Authority competent to pass the prohibition order
Input tax credit (ITC) allowable only if the supplier had discharged the output liability: Rajasthan HC issued Notice to Finance Ministry
Assignment of book debt of Rs. 57 Crore for meager sum of Rs. 53 Lakh and allowability of deduction as loss under the head “Income from Capital Gain”
Tax Treatment of Unexplained money, investments not fully disclosed in books of account, Unexplained expenditure and Amount borrowed or repaid on hundi in cash
Taxpayer wanted to invest LTCG in purchase of another residential property and was unable to find the suitable property & finally invested the amount in 54EC bonds after 6 months: Whether capital gain exemption admissible?