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

DTAA between India and Uganda

Double taxation relief–Agreement between India and USA–Royalty–Payment towards sale of software for limited use

Supreme Court suggested to the high courts not to grant anticipatory bail to those who default on the goods and services tax

Delay in issue of Annual Transfer Order of Income Tax Authority – A representation worth implementing

GST Audit : Department should carry out the audit in a manner so as to cause no inconvenience to the taxpayers

Rate of tax in GST on Sprayers

Capital gains—Deduction under section 54—Re-investment of capital gain arising on sale of three adjoining flats