FAQ on The Banning of Unregulated Deposit scheme Ordinance – 2019 by ICAI : Excellent compilation

The DCF method is a recognised method though it is not an exact science & can never be done with arithmetic precision.

Capital gain exemption is allowable even if the construction started prior to earning of Long Term Capital Gain (LTCG) — CA Naresh Jakhotia

Compilation of Few interesring Income Tax cases

No seizure of goods of bank guarantee of sufficient amount is furnished

Long-term capital gain on sale of shares could not be treated as bogus simply on the basis of some reports of the Investigation Wing

AO couldn’t impose condition while deciding stay application: Delhi HC

Situs of AO is irrelevant to determine jurisdiction of HC over order of ITAT: Bombay HC

Interest on borrowed capital is not disallowable if interest free Loan given to sister concern is out of the interest free fund

No TDS requiere on ayments made to bank towards credit card charges: Mumbai ITAT

No possession, No purchase deed: Still exemption against long term capital gain granted

ITAT Bench : Summer schedule of non bench Sitting of ITAT

Agricultural income during demonetisation under I-T Scanner

Admissibility of Input tax credit on GST charged by contractor for hiring of buses for transportation of employees

No cancellation of registration as cash deposited in old denomination notes was from fees collected from students

Interesting case : Sending of notice to old address of assessee in a mechanical way would result in proceeding as null and void

HC directed GST authorities not to impose demand/penalty as revised GSTR-3B was filed manually due to problem in system

Transfer of shares without filing of share certificates is invalid under the Cos. Act