Good News for CA: No cooling period for Bank Branch Audit for CAs.

Provisions of Sec 263 can be invoked merely on the basis of suspicions: Mumbai ITAT

Co-ownership in the property & Reckoning the Limit of Rs. 1.80 Lakh of Rent for applicability of TDS provisions.

Heavy resentment among st the Taxpayers against Government Policies: Time for PM to intervene as “onus of creating trust among st business is on you and not us”. Kudos to Chartered Accountants Association Surat

Resentment towards FMO’s Approach on Direct-Indirect Taxes & Corporate Affairs: An Apt Representation by Chartered Accountant Association, Surat

How to Know Name as per PAN Database

Misuse of power by Service Tax Department : An Excellent Compilation by Chartered Accountant Association, Jalandhar

Notification extended the due dates of Tax Audit/ITR/VSV Scheme vide Notification No. 93/2020-Income Tax dated 31st December, 2020

An Appeal for Re-extension of Date, Let us follow human approach: An excellent representation by the CTC

“Corporate Compliance Calendar for the M/o January, 2021”

Government ropes in IT Department to detect GST Fraud !!

Allowability of depreciation owned jointly with others

If Sales made by the assessee is not disputed, purchases could not be added considering them as bogus and only profit embedded in such purchases is required to be added

Valuation of shares for a consideration more than FMV: Validity if AO changed the method of valuation adopted by assessee

Expectation of the Common Taxpayers from “Never Before” Budget 2021

Taxation of retention Money retained by contracted, to be received only after conclusion of project

Absence of occupation certificate couldn’t be a ground to deny exemption under section 54

Assessment framed on erstwhile partnership firm which was a non-existent entity was void ab initio.