Finance Ministry clarifies on fake news in the media Of alleged black money held by Indians in Switzerland
Finance Ministry interaction with tax professionals, other stakeholders and Infosys on issues in new Income Tax Portal
GST: Services of sale presentation of the products of overseas companies is classifiable as “Other professional, technical and business services”
CBDT issued Circular No. 11/2020 dated 21.6.2021 on Section 206AB and 206CCA providing functionality to identify “Specified Person”.
If Cash inflow statement prepared by assessee shows availability of sufficient cash with assessee at the time when the jewellery was purchased then Income tax authorities are not justified in ignoring the relevant statement
Land & Building Sale: If the price of two capital assets has been charged as one consolidated figure the assessee is entitled to bifurcate the same.
No addition could be made in case of concluded assessments and non abated assessments in absence of incriminating material discovered during search.
Why do we Need New Portal when the Old Portal was already doing extremely well? Why so much trial & error on the taxpayers?
Grievances of the Tax Payers and Tax Practitioners due to newly launched website of Income Tax Department: Representation by All Odisha Tax Advocates Association
