All about “Employee Provident Fund (EPF) Advance Scheme to fight COVID – 19”

Since the position of tax liability was not clear to the assessee, advance tax was not paid: Whether interest u/s 234A, 234B & 234C can be waived?

Whether interest can be waived if there is a delay in filing of income tax return due to “unavoidable circumstances”? : An Interesting case by Madras HC

Whether LTCG exemption can be withdrawn if the building is demolished within 3 years of its purchase?

COVID – 19 related FAQ on Corporate Social Responsibility (CSR) by MCA

Double deduction of housing loan interest is possible: ITAT Delhi ruled in favor of the assessee

Re-assessment initiated to treat unpaid loan as notional income under section 56 quashed by Delhi HC

TDS Rate Chart 2020-21

ICMA donates Rs. 2.50 Cr to the PM Cares Fund !!

Covid Relief : Government to issue all pending income-tax Refunds & GST/Customs Refunds with immediate effect.

Most awaited EPFO circular on EPF for 24% of contribution issued

In-ordinate delay in filing of Miscellaneous Application cannot be condoned as there is there is no specific provision for such condonation: ITAT Nagpur

Remuneration paid to the Directors is liable for RCM under GST – Advance ruling by Rajasthan.

Deduction under section 24(b) and computation of capital gains under section 48 of are altogether covered by different heads of income. And so deduction for the same amount can be done independently under both the heads. Interest paid on housing loan can be treated as part of the cost of acquisition also..

Liability to pay GST in Special Cases : An excellent PPT by Indirect Tax Committee of ICAI

Bank Audit Special : Central Bank of India Allotted Audit to Statutory Auditors : Here is a List of Northern Region Auditor

Amendment for Trusts and NGO from FY 2020-21 onward

Amendment by the Finance Act – 2020: Key Changes