Tax Administration Authorities cannot give their own interpretation to legislative provisions on the basis of their own perception of trade practices: Supreme Court
FAQ on applicability of TDS on interest payment by Large Credit co-operative societies: CA Naresh Jakhotia
Supreme Court Interesting Judgment on Section 115BBA which deals with taxation of Non-Resident sportsmen or sports associations
Jewellery as per CBDT Circular No. 1916 is in addition to the Jewellery which is duly supported by Bills, Voucher & explanations: Interesting observation by Jaipur ITAT
CBDT filed charge-sheet against three IRS officers for drafting and realising a report on Covid-19 Tax Without Any Authority
Appointment of Statutory Bank Branch Audit of PSB (PSBs) for FY 2019-20 – Revision in guidelines by RBI
CBDT Defers new Reportimg requirements by CA in Tax Audit Report report in Form 3CD to 31 March 2020 in view of COVID-19
Government planning to take action – termed the IRS officers’ tax increase report ‘irresponsible’, seeks explanation for misconduct