Transfer Pricing adjustment made on the basis on incorrect appreciation of facts is not sustainable

Prescribed Authority under Section 133C notified by CBDT vide Notification No. 66/2020, Dated: August 13, 2020.

Faceless Assessment: 34 Authorities notified by CBDT

Taxation of gifts & awards received by Sportsman & awards instituted by Central Government, State Government or other bodies

Audit not compulsory for businesses with turnover not exceeding Rs. 5 Cr: How to count the limit of 5% limit?

Waiver of loan availed for purchase of Capital Asset & Income Tax Impact

No registration required for family arrangement done by way of memorandum of settlement: Supreme Court

GST: Compliances Before 31st August 2020

Hotel Bills exceeding Rs 20,000/- , Education fee exceeding Rs 1 Lakh, Business Class Flight Tickets, Lockers, under the scanner of Income Tax Department

“Any Sum Chargeable to Tax in India” in section 195: An interpretation by Supreme Court

Class or classes of person to whom provisions of section 139A shall not apply: Amendment in Rule 114AAB:

Procedure for Faceless Assessment Notified by CBDT

Tax liability in case of AOP & BOI

OCTAVIUS STEEL & CO. LTD. vs. ASSISTANT COMMISSIONER OF INCOME TAX

Whether an Income Tax survey proceedings u/s 133A of the Income Tax Act’1961 can be converted into an Income Tax Search and Seizure action u/s 132 of the Income Tax Act ‘1961

Portuguese Civil Code & Income Tax Return Forms

CBDT permitted issuance of Notice to the Assessee, asked to be sensitive in view of the hardships being faced by the taxpayers due to COVID 19

Paying Income Tax Online: Step-wise procedure