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Business deduction under section 36(1)(iii)—Interest on borrowed capital—Money advanced to piece workers who did no work during the year—Assessee having sufficient interest free funds

Waiver of a loan can partake the nature of operational subsidy for levy of Income Tax ?

MSME: Classification of MSME, registration process and manner of calculation of investment in plant & machinery, turnover etc

“MSME INVESTMENT AND TURNOVER CALCULATION CRITERIA – NOTIFIED”

“SEBI RELAXATION OF TIME GAP BETWEEN TWO BOARD / AUDIT COMMITTEE MEETINGS TILL 31ST JULY 2020”

Notifications issued by CBIC to give effect to 40th GST Council Meeting

Disallowance under section 14A if no exempt income earned

Agricultural income treatment if Assessee failed to prove agriculture activity

Filing of income tax returns without payment of self-assessment tax : Penal provisions invocation

Exemption under section 10(23C)(vi) & existence of institution existing not solely for the purpose of education but for the purpose of profit

“SEBI EXTENDED TIMELINE FOR SUBMISSION OF ANNUAL SECRETARIAL COMPLIANCE REPORT (ASCR) TILL 31ST JULY 2020”

Whether revised return can be filed after intimation is issued u/s 143(1)(a)?

Education cess and Higher education cess allowable expenditure

“NEW MSME SCHEME – DISTRESSED ASSETS FUND–SUB-ORDINATE DEBT FOR MSMES”

Time for filing of original as well as revised income-tax returns for 2018-19 extended to 31st July, 2020

Bar on Subsequent Application to Income Tax Settlement Commission: Conflict between Legislative Intention and Judicial View

SEBI RELAXATIONS FOR PREFERENTIAL ISSUES MATTERS

GST: Land development & Sale attracts GST?

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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.

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