True Interpretation of Section 34(3)(a) of the Income Tax Act 1961 regarding making entries in respect of development rebate and development rebate reserve even after the closure of the accounts

Press Release to clarify that no GST is applicable on Staff Payments to CEO and Directors of the company

If annual returns GSTR-9 /9A remains unfiled by taxpayer having turnover below ₹2 Crores, Portal won’t allow filing of annual returns after the due date : Clarified by CBIC

Denial of the Exemption under Section 11 due to the Material Changes made in the Object Clause of the Charitable Trust.

Amount received under keyman Insurance policy by the employee is tax free or taxable?

CBIC Clarifies fully electronic Refund Process Through GSTR RFD 01

ITAT Delhi has dismissed Congress leader Rahul Gandhi’s plea to make Young Indian a charitable trust

Delay of 1754 days in filing appeal condoned

Any person can not be treated as principal officer without forming his connection with management & administration of Co.

Interesting Case: Insurance premium paid for the family member of employee is a deductible expenditure – Delhi ITAT

Beyond Law & Logic: Introduction of Rule 36(4) the CGST Rules

Exemption against Long Term Capital Gain u/s 54 & 54F : An Anomaly

Addition under section 68 made merely on the basis of doubts, conjectures or surmises is liable to be deleted

Commission paid to the selling Agents is deductible.

Section 50 will not be applicable in case of the transfer of a Capital Asset, if no depreciation allowed as it was put to use.

Disallowance of claim of loss not properly appearing in acknowledgment of return under section 153A is not correct

Form No.GSTR-9 (Annual Return) and GSTR-9C (Reconciliation Statement) Simplified

Summary of Changes in GSTR-9 and GSTR-9C as implemented by CBIC Notification No. 56/2019–Central Tax Dated 14.11.2019