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

Input tax credit (ITC) allowable only if the supplier had discharged the output liability: Rajasthan HC issued Notice to Finance Ministry

GST impact on Waste treatment and disposal services

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”

Common Mistake while filing GST returns: CA Sweta Makwana