Whether a lower rate of TCS is applicable on the tour operator & foreign remittances?

Validity of Assessment if ‘limited scrutiny’ shifted to ‘complete scrutiny’ without Prior approval of Principal Commissioner/Commissioner

No incriminating material found during search–Unabated assessment cannot be disturbed

Landmark Judgment: Validity of Addition under section 68 towards Cash deposits in bank account if Assessee is not required to maintain books of account under section 44AD

No need of vat audit in Maharashtra if the tax liability is less than 25000/-

Income Tax Raid at Kolkata: Undisclosed cash sales, Bogus expenses etc amounting to Rs. 450 Cr

Amount of Remuneration prescribed under section 9A(3)(m) of Income-tax Act, 1961

Expenditure incurred by the assessee towards replacement of machinery with new machinery constitutes a capital expenditure.

Levy of tax: Mobilisation advance received prior to implementation of GST

Transfer of Development Rights is taxable under GST: Haryana AAR

Form No. 10 IC filed for opting section 115BAA can be cancelled so as to opt for Section 115BA?

Court asked GST department to avoid harsh measures

Loss of stock due to fire: Forget Insurance, it is allowable as deduction in the year in which loss occurred

Landmark Judgment by Jaipur ITAT: No disallowance u/s 40A(3) if identity of sellers & source of cash payment were established.

Benefit of Sec. 54G exemption isn’t available if land was notified as urban land after its sale: High Court

No Covid Cess Please: Introduce Return Filing Fee as an Alternative

No penalty if Declaration is made under section 132(4) by duly substantiating manner in which such undisclosed income was derived; including those undisclosed income in the return filed under section 153A and the payment of taxes is done thereon

Addition under section 56(2)(viib) for issue of shares at premium & validity of rejection of DCT method adopted by assessee for valuation of shares