First year of Business & Applicability of presumptive scheme of taxation u/s 44AD: Controversy to Continue

“SEBI – FURTHER RELAXATIONS RELATING TO PROCEDURAL MATTERS – TAKEOVERS AND BUY-BACK UPTO 31.12.2020”

An Interesting Case : No disallowance u/s 40A(3) on undertaking that the assessee (Builder & Developer) will not claim concerned expenditure as deduction

Income Tax Raid: Few Important Points for the taxpayers

If Assessee failed to substantiate the claim that deposits made in bank account were out of sale proceeds, addition under section 68 is justified.

Vivad se Vishwas Rules, 2020 in Direct Tax : Procedure for making declaration in Form-1

How to file an appeal with ITAT?

Transactions in Income Tax where PAN quoting is Mandatory

20 different Activities: Whether Agricultural income or not?

Income Tax Survey: Frequently Asked Questions

Presumptive scheme of Taxation – Need for Simplification & Reforms

“RBI COVID – 19 REGULATORY COMPLETE PACKAGE”

Property remained vacant & in the peculiar facts of the case no addition on account of notional rent is warranted : Mumbai ITAT

Limitation of Interest Deduction in Certain Cases [Section 94B]

Get Ready for New Compliance – Income Tax portal now showing GSTR-2A Data

5 Years Mandatory audit rule u/s 44AD is not applicable if the person has already offered income continuously for 6 years u/s 44AD:

Payment for removal of encumbrances is a deductible expenditure while calculating capital gain?

Whether Late Fee for delay in filing of TDS return u/s 234E can be condoned if there is a Reasonable Cause ?