Revisionary proceedings could be initiated by CIT if view taken by AO was clearly unsustainable in law

Know the Changes in Income Tax Form For AY 2019-20

Interest income is not seperately assessable & can be adjusted against interest expenditure incurred by the assessee

Kerala Cricket Association Vs Addl CIT – Whether Writ Courts are not expected to dispose of the entire appeal merely on the basis of their decision on any particular issue under consideration?

CBDT issued Central Action Plan for first Quarter of FY 2019-20

CIT(A) can not refuse to adjudicate the additional grounds raised by the assessee if directed by ITAT

Addition is justified u/s 68 as shares issued at huge premium were subscribed by persons having nominal income

Extension of Filing of one time return in DPT -3 Form

Premium paid on acquisition of securities can be amortized if they are acquired at a rate higher than the face value

Indians going abroad & Taxation thereof

GST : Supply of ice-cream by applicant from its retail outlets would be treated as supply of ‘goods’

Interesting Judgement: Period of holding commences from the date of agreement to purchase and date of possession is irrelevant .

Forget sale deed. Compute capital gain from the date of agreement- Interesting case in favor of taxpayer

Deferrement of SA 701 by 2 years

Assessment framed by AO u/s 143(3) against a non-existent entity despite being informed about merger of assessee company with its holding company is liable to be quashed

Representation ICSI against ROC view on LLP

Tracking mechanism from July 1 by insurer

Sum paid for maintenance of medical equipments is liable for sec. 194C TDS & not 194J TDS