INTEREST PAYABLE BY THE TAXPAYER UNDER THE INCOME-TAX ACT 

Search warrant could not be issued in respect of assessee’s locker merely because key to said locker was found during search and seizure operation conducted upon assessee’s uncle

“Corporate Compliance Calendar for the M/o June, 2021”

Wecome Judgment in GST: Court directed the Revenue to either re-open the online portal so as to enable the Petitioners to file TRAN-1 Form electronically, or to accept the same manually on or before 30th June, 2021.

Sale of Sagwan, Chandan, Babul, Bomboo trees : Whether an agricultural income?

Notifications to give effect to all the decisions of GST Council in 43rd meeting issues

Registration of Charitable Trusts: Excellent publication by ICAI

Notional income on advances could not be brought to tax in absence of any specific provision of the Act.

If deduction towards expenses is not denied then the liability related to such expenses can not be treated as unexplained liability or credit

An overview of Digital taxation: India & OECD

Delhi High Court quashed the assesement order passed in faceless scheme where opportunity of personal hearing through video conferencing was not given

Guidlines issued by CBIC before invoking Section 83 i.e., Attachment of Bank Accounts.

An overview of provision related to Carry Forward and Set Off of LossesAn overview of provision related to Carry Forward and Set Off of Losses

Adjustment of refund above 20% of demand, where appeal is filed: An Interesting ruling by Bombay HC

Whether a LLP can be a partner in a partnership firm constituted under Indian Partnership Act, 1932.

“GST Amnesty Scheme 2021 & Late Fee Relaxations”

“The MLI : A brand new Concotion By Piyush Baid”

Transaction of family arrangement did not amount to transfer & so not chargeable to capital gain tax