Another Landmark Judgement : Exemption u/s 54 is admissible towards plot which is purchased even prior to one year of LTCG – CA Naresh Jakhotia
Valuation of Supply and goods/services provided by Recipient to the Supplier Free of Cost – Drafting is very important.
Money Laundering Act to curb GST Frauds In 2018-19, fake invoices of 24,000 cr detected. Actual amount may be much higher
CBIC Offers “One-time Opportunity” to Apply for Revocation of Cancellation of GST Registration by July 22, 2019
Dubai is planning to remove middlemen like lawyers, accountants, bankers, immigration officers & govt. officials by year 2020 ?
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
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