Addition of retention money & disallowance of the TDS credit claimed in respect of the retention money

GST Department fined with Rs. 25,000/ for indulging in frivolius litigation

“CBIC LAUNCHED THE E-OFFICE APPLICATION”

A delay of one day result in levy of interest for 3 months

Capital Gain Exemption u/s 54F & Purchase of the property in the Joint names of assessee, his wife and son.

First Installment of Advance Tax is 15th June or 30th June?

Belated deposit of TDS & calculation of interest for delay : Whether British calendar month or a period of 30 days?

CBDT notified cost inflation index for FY 20-21

The Dilemma – Payment of Advance Tax -15th June or 30th June?

Decisions compilation of the 40th GST Council Meeting

“COMPANY SECRETARY FOR BANKS – RBI DISCUSSION PAPER RELEASED”

40TH GST COUNCIL MEETING KEY HIGHLIGHTS DT. 12.06.2020

Addition under section 69C on bogus purchases if there is no dispute with regard to corresponding sales

Capital gains chargeability on transfer of know-how of an underdeveloped product having no cost of acquisition

Expenses incurred on developing and maintaining land in connection with real estate activity & its deduction against forfeited amount

Kerala HC directed CIT(A) to decide appeal on merits without asking for deposit of 20% of tax demand

GST : Finally, the dispute on Reverse Charge on Director’s Remuneration has been put to an end.

Penalty is not leviable where the penalty proceedings were initiated long after the completion of assessment and order was silent about the levy of penalty