Lok Sabha passed the Direct Tax Vivad se Vishwas Scheme – 2020 : PPT on Vivadh se Vishwas Scheme – 2020

LLP settlement Scheme, 2020

Validity of Penalty under section 271AAB if notice issued by AO is defective

Very Interesting Case: Validity of Penalty under section 271(1)(c) if return is filed pursuant to search under section 153A & no return was filed originally u/s 139

Income Tax attracted in case of JDA even if development agreement could not be implemented subsequently which is followed by a compromise deed wherein assessee became ready to relinquish its right of ownership on said land after receiving certain sale consideration from builder: SC

Validity of Reassessment of any other income coming to notice of AO during section 147 proceedings

Non linking of PAN with Aadhaar before 31 March 2020 to attract a penalty of Rs. 10,000/-

Govt. is set to launch LLP Scheme for those who have not filed Initial and Annual Return.

Whether Bail can be granted if GST invoices issued without any supply of the goods to buyers on commission basis?

CBDT issues clarification on the applicability of TDS provisions on Mutual Fund dividend

Even if the AO of searched person and other person is one then also separate satisfaction as required u/s 153C is required to be recorded

CBDT issued Press Release on Income Tax Raids on Businessmen & Hawala Dealer in Raipur

No Penalty under section 271(1)(c) for difference of opinion as to claim of expenditure

Partnership Deed not registered with Registrar of Partnership firm is not legally enforceable.

Payment of Gratuity to Employee: Employers liability & Income Tax Perspectives

Capital Gain exemption granted u/s 54F if the property is purchased in the name of the spouse

“Corporate Compliance Calendar for the m/o March, 2020”

Overseas Tour Package under IT Scanner: New provision to Collect Tax At Source (TCS)