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Religious Trust liable for GST on providing Temporary Stay for Pilgrims

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A compilation of facilities and enhancement offered by various Nationalised Bank offered due to COVID-2019: An excellent compilation by CII

Activities for which Udyog Adhar (MSME Registration) is not allowed

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New Relief Measures for Income Tax Assessee

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Avail number of benefits by doing MSME Registration : Procedure for MSME Registration for Business organisation

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Validity of Addition under section 68 if cash deposits in bank account made out of cash balance brought forward from earlier year

Limitation Act – 1963 : An Act having multiple references

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Taxation of creditors were outstanding for more than three years on the ground that the period of limitation prescribed under Limitation Act had expired vs. Section 41(1)

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GST on Sale of Transferable Development Rights or FSI

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Capital Gain Exemption & Reinvestment made in the name of assessee alone vis a vis in the name of Wife or in the name of son: Interesting case by Pune ITAT

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Installation of Intelligent Transport System is Composite Supply of works contract or not?

Independent Auditors Report in view of COVID 2019: Suitable qualification to safeguard professional interest

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Prior period expenditure & it’s Set-off against prior period income

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“Since no valid reasons existed about escapement of assessee’s income, AO was not justified in taking recourse to provisions of section 147”- Pune ITAT

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Profit on sale of land shown as fixed asset in balance sheet is Business income or Capital Gains income ?

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New TDS & TCS Rates Applicable from 14.05.2020

New TDS & TCS Rate under the Income Tax Act – 1961

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Package under Atmanirbhar Bharat Abhiyan announced on 13-May-2020

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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.

Recent Posts

  • Excel Sheet Entry Alone Cannot Justify Addition under Section 69A: Delhi ITAT
  • Agricultural Income from Nursery: Delhi ITAT Reaffirms Exemption and the Principle of Consistency
  • Request for Extension of Due Dates for Filing Annual E- Forms under the Companies Act, 2013 till 31.12.2026 without Levy of Additional Fees
  • Faceless Reassessment Gets a Major Boost: Andhra Pradesh High Court Strikes Down Section 147A of the Income Tax Act, 1961 as Unconstitutional
  • Section 147A Declared Unconstitutional! Andhra Pradesh High Court Delivers a Landmark Verdict in the FAO–JAO Controversy

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