CBDT further deferred furnishing of GST & GAAR details in Form 3CD till March 31, 2020

MCA finally issued an amendment relating to one-time return of deposits and Form DPT-3

Changes in Name Approval Rules released by MCA vide Notification Dated 10th May 2019 !

General Circular on ADT-1 filed through GNL-2

Deduction u/s 54EC & Computation of six months period

U/s 101 of Evidence Act, 1972, the onus is on the assessee to prove that the LTCG is genuine.

Interesting case: Interest recovered directly from bank account through electronic clearing system is also liable for TDS

No addition could be made in Assessment u/s 153A if No incriminating material found

CBDT dedicates 16th May to 31st May forexpeditious disposal of taxpayer’s claims for appeal effect & rectification.

GST: Provisional attachment not justified if the interest of the revenue is well protected

Penalty u/s 271(1)(c) could not be levied on income declared in revised return filed suo motu under section 139(5)

AO allows capital gain exemption on that part of construction expenditure which is incurred after the sale of original asset ignoring the amount of earlier structure purchased

Key notable observations in GST Annual returns –

ICAI’s Revised Code of Ethics 2019 Applicable w.e.f. 1 April, 2020

Officer conducting search has discretion not to seize even higher quantity of gold jewellery based on factors including family customs and traditions

Cash seized during 2014 election returned

An interesting judgment discussion tax implication of bogus purchase through Hawala Operator

No disallowance on non-deduction of tax just because assessee didn’t furnish PAN of transporter to dept.