No TDS required on payment towards charges for Utilization of bandwidth

GSTN releases proposed New GST Return Prototype:

SLP dismissed by SC against HC’s order quashing reassessment as sufficient disclosure was made on receipt of Govt. subsidy

Landmark Judgement : Property held Jointly can’t be held as owned by assessee while allowing sec. 54F relief: Mumbai ITAT

Goods sold to and from the Duty-free Shops are exempt from GST: HC

And Top FDI investment in India is from Tax Heaven Countries !!

ICDS 2 requires Valuation of inventory after inclusive of taxes and duties. Ahmedabad ITAT ruled in favour of assessee where it is valued after exclusion.

Welcome Judgment: No denial to section 12AA registration for some vague reason

Taxation on Sale of agricultural land after dividing the land in to plots

FIinally, Arun Jaitely not to be the FM !!

Investment of land & sale of land after plotting – whether Business Income or Capital Gain.

Delhi High Court granted stay from recovery of interest demanded on gross GST liability till next hearing

Know the Procedure for submission of Form 15CC for remittance U/s. 195(6)

Selling of land after plotting to secure a better price is not in the nature of trade or business.

CA & CS are not Advocates : SC

Statement of Financial Transaction (SFT) – Filing Nil statement is mandatory or optional ?

Don’t forget to file SFT by 31st May !!

An appeal wrongly filed before the AO and not CIT(A) is an unintentional lapse of the assessee and delay need to be condoned.