Anonymous Income derived from property held under Trust

Unexplained Initial capital deposited by partners: Assessment in hands of Firm?

Maharashtra State Government has issued guidelines for verification of Input Tax Credit for the FY 2016-17 and 2017-18

No sec. 68 additions towards deposit of money in bank account which was withdrawn for purchase of property

Section 54F relief available on purchase of two adjacent flats if same were converted into single unit

No TDS on Commission to non-resident overseas agents who have no PE or business activities in India

Taxation impact Improvement in the Premises of Shareholder by Company

Removal of Difficulty Order

Negative Side of Extension of Due Dates for GSTR-9 and 9C

Gains from transfer of derivatives (F&O) by FPI also exempt from levy of enhanced surcharge: CBDT

Due date for furnishing of Annual Return in the FORM GSTR-9 / FORM GSTR-9A and Reconciliation Statement in FORM GSTR-9C for the financial year 2017-18 has been extended to 30th November, 2019.

Government sacks 22 more officers for corruption

Capital gains on Cash payment received by retiring partner towards value of his share in assets of partnership-firm

Reopening not valid if order for that assessment year is passed by Settlement Commission

Agricultural Income of the Minor- No clubbing required with the income of the parents for rate purpose

Land purchased prior to date of transfer of agricultural land not eligible for sec. 54B exemption: ITAT

Amount paid to the tenant is eligible for deduction while computing capital gain income

Clubbing of Minor’s Income- Concept, Confusion & Clarity