Business Compliance Calendar for the month of August- 2019

Classification and Services by way of admission to amusement facility

Income Tax Act & treatment of government subsidy

Income Tax Refund, Limitation period & Delay in filing income tax return

From Ordinance to Act : Banning of Unregulated Deposit Schemes Act – 2019

TDS on booking an air ticket

If genuineness of the transaction is established, no disallowance can be done even if payment exceeds Rs. 10,000/- in cash?

Deemed dividend provision cannot be invoked merely because the shareholders were common.

Taxation of Buy Back of Shares

By depositing Rs. 2, 00,000/- in NPS, whether entire amount can be claimed as deduction under Chapter VI-A

Merely for the reason that parties did not appear before AO or the assessee could not produce parties in person before AO, the whole set of documents produced to prove genuineness of transactions, could not be disregarded.

Income Tax Department clarifies on the suicide note by CCD Founder V.G.Siddhartha blaming attachment by income tax official for harrassmmet

Trial run of Offline Tool of New Return of GST, for familiarisation & feedback by the taxpayers

Addition under section 68 for cash deposit in bank account out of opening balance

Welcome Judgement by Supreme Court : ITC to be given to the purchaser even if tax is not deposited by seller

Attachment of shares by income tax Department – Reason behind suicide of Owner of CCD chain

Flat booking with builder is to be treated as ‘Construction’ for claiming deduction benefit under section 54.

PCIT vs. Paramshakti Distributors Pvt. Ltd (Bombay High Court)