Interesting Judgement : if a taxpayer incurs expenditure in cash due to business expediency and is not accused of suppressing its income, then no addition can be done due for the lack of vouchers

Assignment of loan to third party – AO can’t invoke sec. 41(1) to tax surplus thereon

Inheritance Tax – Are we ready

Transfer Order of Asst. Commissioner & Dy.Comm of Income Tax

Business Compliance Calendar for the month of July 2019

Payment made for conduct of examination through affiliated centers and TDS U/s 194J

Whether different view on same set of material as available at the time of original assessment can be taken for return filed u/s 153A ?

Mere delay in depositing TDS within the time limit prescribed in S. 200 & Rule 30 is an offense sufficient to attract protection : Karnataka HC

Addition under section 68 towards Long-term capital gain on sale of shares deleted by ITAT Delhi

CBDT expands Terms of Reference for drafting new Direct Tax Law

Treatment of secondary or post-sales discounts under GST

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