Another Late fee waiver in GST, for GSTR – 4 ReturnsAnother Late fee waiver in GST, for GSTR – 4 Returns
No Sec. 40A(3) disallowance if bank account of payee was non-operational due to attachment order passed by ESI dept.
Section 56(2)(vii): Addition on account of amount received by the assessee as a legacy through the Will
Section 56(2)(vii): Addition on account of amount received by the assessee as a legacy through the Will
Landmark Judgement : Compensation received from relinquishment of right to sue for breach of contract is a capital receipt
Where earning of the rental income is the exclusive or predominant business of the assessee, the income earned by way of lease money or rentals by letting out of the property cannot be taxed under the Head ‘Income from house property’
GST: Not mentioning tax amount in the e-way bill by transporter is not contravention of GST law as no separate field in form
Allowability of Remuneration to partner who is Karta of HUF, acting in representative capacity in firm
Key Amendment by The Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 : A Short Overview
Taxation & Other Laws (Relaxation And Amendment Of Certain Provisions) Bill, 2020 introduced in the Lok Sabha