Black money received on sale of rural agricultural land is taxable as “Income from Other Source”

Interest received on enhanced compensation for acquisition of agricultural land is exempt u/s 10(37)

Capital gain computation on sale of mortgaged property – whether amount paid towards debts repayment is deductible ?

CBDT issued procedure, format and standard for issuance of TDS Certificate in Part B of Form Nom 16

FAQ for GST on Real estate sector Released

Person opting under old Rate of Tax ie With Input tax Credit have to submit prescribed document to jurisdictional Commissioner by 10th May 2019.

Two Day Mega Tax Conference with eminent Tax Expert at Bilaspur on 1st & 2nd June

Set-off of b/f long term capital loss and business loss against short-term capital gain computed under section 50 : Mumbai ITAT

Section 54F is a beneficial provision and should be liberally interpreted.

In the absence of any exempt income, disallowance u/s 14A & Rule 8D of the Act of any amount is not permissible

Landmark Judgement: Section 14A & Rule 8D do not apply to shares held as stock-in-trade- Maxopp Investment 402 ITR 640 (SC) distinguished

CBDT is empowered to lay down broad guidelines for disposal of appeals by CIT(A). It cannot offer ‘incentives’ to CIT(A) for making enhancement and levying penalty.

No reassessment u/s 148 merely on information without verification

There is an increase in income tax returns of 19% – CBDT Clarified

If Assessee failed to make claim for deduction under section 80-I, AO is not expected to grant it. AO is not expected to virtually sit in the office of assessee and help the assessee file the return

All B2B invoices will have to be likely generated on Govt e-bill portal fromSept to check GST evasion

Is GST registration compulsary for Dairy products?

Credit of Rejected GST Refund can claim through GSTR-3B : Gujarat HC