No penalty leviable if two views possible – Salman Khan Case

Another Representation for Date Extension of ITR & Tax Audit Reports from 30.09.2019 to 15.11.2019 by District Taxation Bar Association (Direct Taxes), Ludhiana

Apt representationby Karnataka State Chartered Accountants Association (KSCA): Taxability of services provided by an office of anorganisation in one State to the office of that organisation in another Stateto Smt. Nirmala Sitharaman, Hon. Union Minister of Finance.

Punjab Accountants Association : Representation for Date Extension

Delhi High Court allowed petitioner to fileTrans -1 manually and to claim ITC therefrom

Disallowance made by AO without bringing anything on record to demonstrate that the expenses were not incurred for the purpose of business is not sustainable.

Addition u/s 68 is justified where the assessee fails to furnish any evidence regarding identity and source of cash credits

CIT (A) & Tribunal can allow deduction towards additional claim even if assessee fails to claim deduction in its return

Educational society not eligible for the benefit u/s 10(23C)(iiiad) when the income generated from running schools flows directly into a commercial entity on the basis of a profit sharing arrangement

Landmark Judgment : No 40A(3) disallowance of transaction is genuine and pyaree is identifiable

Acquiring flat from builder where construction to be done in phased manner is case of “purchase” for sec. 54F relief

HC condoned delay in filing ITR as it was filed belatedly due to delay in pronouncement of ruling by AAR

Trans 1 & ITC credit : Writ allowed by Delhi High Court

Validity of order when AO had completed the assessment in the name of a company which had merged and was not in existence on the date the assessment order was passed

Commencement of construction of new residential house before transfer of original asset & validity of capital gain exemption

Taxation of Non Resident Indian (NRI) : Few Frequently Asked Questions

Benefits available to Non- Residents in Income TaxAct – 1961

TDS RATES CHART [For Assessment year 2020-21]