Reopening under section 148 & not under section 153C is bad in law if it is based on incriminating materials, documents, electronic data seized from a third party, or statements recorded during the investigation

Step-by-Step Guide for Full GST Reconciliation

Form 26A not filed by the assessee – Whether disallowance U/s 40(a)(ia) can be made even if the payee has already offered the income to tax in its ITR

Is GST applicable on canteen and transport recoveries from Employees?

Transaction which was bona fide and not aimed to avoid any tax liability would constitute a reasonable cause within the meaning of Section 273B

Delhi HC allows 54F deduction of Rs 90 Cr, where multiple floors of residential property were purchased

Suspicion cannot substitute evidence – No Addition under Section 69A in respect of cash of Rs. 1 Cr seized at Railway Station

Reassessment Proceeding: Section 149(1)(b) of the Act would be satisfied if the cumulative value of the expenditure exceeds ₹ 50 lakhs provided that the same is related to an event or occasion.

Digital Evidence in Tax Law: No 65B Certificate Needed, Rules Madras HC

The TAX Talk Impact: Date Extended well in advance from 31st July to 15th September – Thanks to Finance Minister Smt. Nirmala Sitharaman

TDS on Interest and Remuneration to the Partners: 10 Points to be noted

Interest on compensation and enhanced compensation is an accretion to the compensation itself and so covered under the head Capital Gains: Kerala HC  

“Payable” in section 40(a)(ia) covers even cases where amount is paid & not restricted to amount payable: Jharkhand HC

Only the profit element which is taxable if unrecorded sales are admitted and offered to tax in a survey action due to shortage of stock

No ITC on Inputs used for mutual fund Transactions : Gujarat AAR

Immunity from penalty under section 270AA:

Grievances can be submitted for Central jurisdiction for New Gst Regn

Capital Gains Account Scheme: Confusion & Clarification (I)