Interesting issue in Capital gains : Possession of property provided to transferee in the year 1991 & Sale deed executed in the year 2009

Jharkhand High Court Judgment on ITC during Transitional Period

Gujarat High Court has passed strictures against the CGST authority for gross abuse of power

Difference in valuation of closing stock – No addition can be made as undisclosed stock

5 Years of Rule for Tax Audit in section 44AD: CBDT need to clarify few issues

If one issue in the case of applicant is already decided by One AAR than Other AAR cannot decide on the same application

Revocation of GST Registration Cancellation

CIT(A) is not justified in enhancing the assessment by disallowing 100% of the bogus purchases, Only addition could be of profit element therein

Tax Precaution: Transaction by which an undertaking is transferred against allotment of shares is an”exchange” and not a “sale

Whether HUF can invest in the name of its members to claim capital gain exemption u/s 54F or U/s 54?

If the company is controlled by an infamous accommodation entry provider, it is incumbent on the part of the authorities to carry out in-depth verification

Whether Legal Heir can claim the benefit of capital gain exemption under section 54 or section 54F?

Interesting case: HC sets aside National Anti Profiteering Authority (NAPA’s) order where all the members who had signed the order were not present for hearing

Charitable trust registration under section 12AA & Scope of inquiry while granting registration

Landmark Judgment on validity of addition under section 68 on the ground that in response to summons under section 131 shareholder companies had not appeared for personal deposition.

GST : Directors Remuneration us subject to RCM in GST

Capital Gains & Computation of holding period, i.e., ‘date of allotment’ or “date of possession” – An Interesting Issue

Does Inclusive Method of Accounting have any impact on Profits or not?