Penalty can’t be levied for Lack of Evidence supporting HRA Claim If Assessee admitted Fault: ITAT Chennai

Interesting judgement : Delay in filing of tax audit report due to Virus in computer system – Whether penalty can de dropped ?

DTAA between India and Ethiopia

Prosecution provision rationalized under section 276CC

Rationalisation of penalty provisions relating to under-reported income

Compliance with the notification of exemption issued under section 56(2)(viib)

Rationalisations of provisions relating to maintenance, keeping and furnishing of information and documents by certain persons u/s 92D.  

Not full amount, but only difference is liable for taxation on maturity proceeds of Life insurance premium if it is not exempt u/s 10(10D)

Key issues of section 80EEB- Purchase of Electric Vehicle

Tax Break to the buyer of electric Vehcile- A welcome proposal in Union Budget – II

Applicability of exemption limit of Rs 20 Lakh of Gratuity for employees retiring before 29.03.2018.

Validity of reopening of assessment merely on the basis of report of investigation wing without conducting further enquiry

Time limit extended for Settlement of Arrears of Tax, Interest, Penalty under Maharashtra VAT

Harrased by GST department, CA committed suicide

TDS Rate chart for FY 2019-20

Admissibility of Additional evidence by CIT (Appeal) & contravention of rule 46A

Government earns more than the taxpayer!

At the stage of granting registration under section 12AA, stage of granting registration CIT(E) was not required to examine application of income