The Central Board of Indirect Taxes and Customs (CBIC) issues the Frequently asked questions (FAQs) on Electronic Invoice (E-Invoice) system

The Central Board of Direct Taxes ( CBDT ) notifies Form ITR 1 and ITR 4 for the Assessment Year 2020 – 21.

Capital Gain Taxation: Computation & Tax Saving options

Business disallowance under section 40(a)(ia): There is nothing to disallow when there is shortfall in deduction of TDS.

Society accepting deposits only from members can’t be held to be engaged in ‘banking business’; No exemption u/s 194A

Clarification regarding Implementation of Matharoo judgment

Mere participation in proceedings or acquiescence would not confer jurisdiction upon AO who otherwise was not the AO of Assessee

Expenditure on renovation of building taken on lease is a capital expenditure or revenue expenditure ?

All about filing of Appeal with Commissioner of Income Tax (Appeal)

Exchange Rates Notification No. 01/2020 -Customs (NT) Dated 02.01.2020

Disallowance of expenses paid to relativeu/s 40A(2) : It is for the AO to make-out a case that the expenditure incurred is excessive or unreasonable having regard to the fair market value of such services.

Appeal filed without paying tax due on returned income is defective but not void : Mumbai ITAT

Clarifications/circulars issued by the Central Government and of the State Government by their understanding of the statutory provisions are not binding upon the court

Non compliance of various provisions of Securities and Exchange Board of India

Updated List of Nodal officers for IT Grievance Redressal Committee

Intimation of the new official email id i.e. inv-customs@gov.in

Whether 20% tax payment is compulsory for stay of demand under the Income Tax Act – 1961?

Demo Assessment Haunts Jewellery dealer