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Business expenditure & Prior period expenses : Mercantile system of accounting vs. Crystallization of expenses

Business expenditure & Prior period expenses : Mercantile system of accounting vs. Crystallization of expenses

GST: Detention of goods alongwith vehicle, Direction to competent authority for release of goods upon fulfilling the requirement of section 140

GST: Detention of goods alongwith vehicle, Direction to competent authority for release of goods upon fulfilling the requirement of section 140

Completed or unabated assessment could not be interfered without any incriminating material unearthed during search.

Completed or unabated assessment could not be interfered without any incriminating material unearthed during search.

Validity of Penalty under section 271(1)(c) on disallowance of bonafide claim not availed of by assessee in quantum appeal

Validity of Penalty under section 271(1)(c) on disallowance of bonafide claim not availed of by assessee in quantum appeal

GST: Rate of Tax & Classification of service of providing access to online content to users

GST: Rate of Tax & Classification of service of providing access to online content to users

Bogus purchases: AO directed to restrict the impugned addition to the extent of 2% of bogus purchases

Bogus purchases: AO directed to restrict the impugned addition to the extent of 2% of bogus purchases

Not Innovative but Clerical work to increase further: New TCS Compliance Burden from 1st October 2020

Not Innovative but Clerical work to increase further: New TCS Compliance Burden from 1st October 2020

Shri P. C. Mody to continue as Chairman OF CBDT – Tenure extended till 28.02.2021

Shri P. C. Mody to continue as Chairman OF CBDT – Tenure extended till 28.02.2021

Benefit of Accumulation of Trust fund is for 5 years or 7 years?

Benefit of Accumulation of Trust fund is for 5 years or 7 years?

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This is an online news portal for tax news, updates, articles, judgments, Circulars, Notification and orders with regards to Indian Taxation Laws. ‘Simplifying the TAX & creating awareness about tax laws is the main motto of the Team theTAXTALK.

Recent Posts

  • Once an Inquiry Under Section 148A(a) Is Approved, the Assessing Officer Cannot Skip It: Chhattisgarh High Court Quashes Reassessment
  • Can Penalty Under Section 271(1)(c) Be Levied on Estimated Bogus Purchase Additions? ITAT Says No
  • CBDT turns its attention to Form 15CB – and to the Accountants who sign it
  • Rejected of application done under Section 119(2)(b) Application: Is It Appealable?
  • 87A Rebate: When the Computer Said “No”, Nagpur ITAT Said “Yes”

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