Capital Gain exemption couldn’t be denied even if assessee claimed exemption under wrong section

Deeming provisions prescribed u/s 56(2)(vii) couldn’t be applied on issue of bonus shares

Ending Tasks for GST for FY 2020-21

New Section 9B added to Income Tax Act by the parliament while passing the Finance Bill 2021

All about National Pension Scheme (NPS): Additional deduction of Rs 50,000/-

Now, Auditor has to report whether the company is using accounting software that has the feature to record audit trail of each and every transactions.

Thank You CBDT:  GST Reporting in Tax Audit Report kept on Hold 

Matters to be Included additionally in the Auditors Report Now from 1st April 2021

Amendments in Schedule III from 1st day of April, 2021

Income Tax Department conducts searches in Jharkhand: Heavy unaccounted money discovered

With around 127 Changes in the Finance Bill, Loksabha passed the Finance Bill – 2021

Get Ready Now: Mandatory to use “Such Software” which has a feature of establishing audit trail of Changes

VSVS: Non search case only 100% liability attracted & not 125%

While a common investor has to fill up several KYC (know your customer) forms, provide PAN number and proof of address, etc, a P-Note investor can invest anonymously.

“Key Tax Law Changes 2021 – Top 10 Key Aspects”

Payment of excess sales tax along with interest on failure to furnish Form C is deductible expenses: ITAT

Pen Drive containing details of Rs. 150 Cr & Rs. 70 Cr found in Income Tax Raids at Mumbai

Authorities can initiate audit and investigation simultaneously in GST