Clarification regarding applicability of GST on additional penal interest

Landmark Judgment :Distance from the metropolitan area isn’t relevant to classify a land as rural agricultural land

TDS Return GSTR-9l7 Date Extended to August 31, 2019

Ball pens & medical gifts given to doctors by Pharma Co with its logo aren’t freebies: ITAT

Adhoc disallowance of expenses without finding any specific defects in books of account not justified

DTAA between India and Qatar

Disallowance of an expense per se cannot mean that the assessee has furnished incorrect particulars of its income

Making a claim, which is found to be unacceptable in law cannot be treated as furnishing of inaccurate particulars of income.

Proposed change in CGST Rules as per draft notification

Is it worthwhile to reintroduce Estate Duty or Inheritance Tax?

Is it worthwhile to reintroduce Estate Duty or Inheritance Tax?

Rate of Estate or Inheritance Tax in few Countries

THE ESTATE DUTY ACT, 1953 WILL BE BACK?

Be careful & cautious :Prosecution can be launched even if there is a time for filing income tax return u/s 139(4) if return is not filed u/s 139(1) & notice is issued u/s 142(1)

Ignorance of law is no excuse for avoiding prosecution due to non payment of tax

Section 40A(9): The provision is not meant to hit genuine expenditure by an employer for the welfare and the benefit of the employees

Exemption u/s 54EC can be claimed even in respect of Depreciable asset

ICAI issues sample Auditor’s Certificate on Return of Deposits (DPT-3) pursuant to Rule 16 of the Companies (Acceptance of Deposits) Rules, 2014