CBDT condones delay in filing of audit report by trust/institution for AYs 2016-17 & 2017-18

No exemption to charitable trust under section 11 if not registered under section 12AA.

Registration application u/s 12AA cannot be rejected by giving any vague reason

Absence of dissolution clause in trust deed cannot be the basis for refusing registration to a trust

Mere non- production of evidence of registration U/s. 12A/12AA cannot be the reason for denial of exemption u/s 11

IRREVOCABLE CLAUSE IN THE TRUST DEED

New GST Return Forms

GST benefits to the Government : Controlling malpractices as it is system driven

IRREVOCABLE CLAUSE IN THE TRUST DEED

Interest paid on Interest debited to loan account is not eligible for deduction as “Housing Loan Interest u/s 24(b) – CA Naresh Jakhotia

Get Ready for New GST Forms..

GST : Validity of seizure on a hyper technical basis and where the breach is purely technical and there is no allegation of intention to evade tax

Validation of revision under section 263 in respect of assessment order which is bad in law

Payment of bonus to director cum shareholder disallowance ? Is it not in the nature of dividend ?

TDS under section 194C & payment made to truck owner without deducting TDS

Validity of disallowance of trading loss on sale of old stock

Extension of time period for filing of GST Tran-1 & Input tax credit

Landmark Judgement : Credit on input materials/services used for construction of shopping malls is available against CGST/OGST payable on rent – Orissa HC