Purchase of Rural agricultural land below its stamp duty valuation is taxable under section 56(2)(x)

Common Mistakes to avoid in salary ITR Filing Mistakes

Documents seized during a search can be valid basis for additions, even if they are in the form of personal diaries or informal records.

26QB Vs. 27Q: Wrong TDS Form by Buyer Can’t Deny NRI’s Tax Credit

Merely passing an ex parte order by fulfilling the empty formalities will not serve any useful purpose: Madras HC

ITAT Delhi Holds GoDaddy.com’s Revenues Not Taxable in India as Royalty or FTS

Whether equity oriented funds are equivalent to shares from the standpoint of taxability under India Mauritius Treaty?

Can India Tax Capital Gains from Foreign Share Buybacks? A Non-Resident’s Dilemma

ITAT Delhi Accepts Cash Deposits as Salary Savings, Religious Practice and Lack of Other Income cited

ITAT Visakhapatnam Upholds Telescoping: Rs. 1.25 Cr Marriage Expense Not Taxable in Individual Hands as Income Offered by Group Company

A mere difference in opinion is not sufficient to invoke Section 263: ITAT Ahmedabad

ROC Bangalore imposed penalty of Rs. 2.25 Lakh for failure to make ‘‘Appointment of Internal Auditor’’ u/s 138(1) & (2) r/w Rule 13(1) Of the Companies (Accounts) Rules, 2014

No physical appearance – All personal hearings in GST proceedings must be conducted through virtual mode: A welcome move by Delhi GST Department

Cash deposits during Demonetization and explanation of accumulated saving belonging to the family members – Issue before Delhi ITAT

Section 143(2): When the Taxman Knocks, Should You Panic or Prepare?

Does Sec 56(2)(x) apply to purchase of rural agricultural land?

Guidelines for recording reasons for reopening assessments are only a guidance for the AO: Calcutta HC

ITAT Mumbai dropped non-compliance of penalty of Actress Shilpa Shetty as compliance with notices was done prior to assessment order