Dubai is planning to remove middlemen like lawyers, accountants, bankers, immigration officers & govt. officials by year 2020 ?

Business Compliance Calendar for the month of May- 2019

Invocation of revisional powers by the CIT without holding an independent inquiry to repudiate the conclusions arrived at by the AO in the assessment order is erroneous

Even amount not received need investment for claiming capital gain exemption u/s 54EC; Bombay HC

Question couldn’t be raised for first time before HC if same wasn’t framed during appellate proceedings

If there is no nexus to show that unaccounted money has been routed under the garb of share trading, income from such activity cannot be taxed u/s 68

Another Controlling Feature in GS5 : E – invoice concept may find place in GST Law

Payment of first installment and issuance of provisional letter of allotment is the date relevant for recognising assets as long term or short term

Excise duty to be included in value of closing stock even if it was due but not paid by assessee

Share valuation report duly accepted by AO couldn’t be by tinkered with by CIT(A): ITAT

Section 54F exemption available on purchase of plot and making an advance to builder for construction thereon

No capital gain if transaction related to transfer of property didn’t materialize: ITAT

Taxation of investments in Bonds, Debentures & Mutual Funds

GST Annual Return Analysis

Nadiawala, Film Producer, jailed for delay in deposit of TDS of mere Rs. 8.56 Lakh

Non-recording of satisfaction by AO of searched person and unsigned order sheet makes assessment u/s 153C invalid

NFRA takes over investigation of Auditors Role in IL & FS Crisis

Income tax raid & validity of -Assessment u/s 153C on the basis of documents seized in case of third party which does not mention assesse’s name in any legal paper and no relationship is established with searched party