Validity of Penalty U/s 271(1)(c) where assessee treated land as Rural Agricultural Land and it was actually Urban Agricultural Land
Refund of Security Deposit paid at the time of Voluntary Registration under MVAT Act, 2002: Last Date to claim refund is 31st March 2021
Tax Revenue can be enhanced significantly if the Central & State Government works closely with Trade Bodies & Tax Professional : An Excellent suggestion by CAIT
SC also observed that moratorium under section 14 of IBC is applicable only to the Corporate Debtor and that NI proceedings under section 138 can continue against natural persons/directors in charge of affairs of the Corporate Debtor
Amounts Paid By Indian Companies to Use Foreign Software is Not ‘Royalty’ & Hence Income not Taxable In India & No TDS Liability : Supreme Court
Income from renting of terrace for erection of mobile antenna tower is from Income from other sources or Income from house property?
Hon’ble Delhi High court issued notice to Union of India to ascertain constitutional validity of taxability of notional taxation on unsold inventory of flats & commercial properties with Real Estate Developers