Capital gain tax liability on sale of mortgaged asses by the bank and adjustment of sale proceeds against the loan
Collection of non-refundable deposits by the assessee from prospective flat buyers, for maintaining the building, does not result in the assessee providing management, maintenance or repair service as defined in Section 65(105)(zzg) of Finance Act 1994
Landmark Judgment by Apex Court: The failure to issue a notice u/s 143(2) renders the assessment order void even if the assessee has participated in the proceedings.
Hello Mr. Shakespeare. Everything is there is the name. Corporates should not use PVT LTD in place of Private Limited
Extension of date for delay in filing of Form no. 10B (Audit Report by trust/institution) for Assessment Years 2016-17 and 2017-18 from 30.09.2019 to 31st March 2020
An interesting Issue in GST: Availability of Input Tax Credit (ITC) on capital goods and input services if used for supply of both taxable and exempted goods
Bogus LTCG from PennyStock after selling shares with profit of around 491% – Forget documentation andSee the observation of Delhi HC
Service availed by hospital towards maintenance of equipments – Is it a technical service liable for TDS U/s 194J?
Addition on account of undisclosed stock/ production is not justified where no physical discrepancy was found/detected by the survey team and excess value of stock was merely because of difference in valuation of closing stock.
Registration under section 12AA if Separate books of account not maintained for medical shop by assessee run by hospital