Whether Input Tax Credit available on purchase of Ambulance for employees of the Company?

GST collection figure for February 2019

Eligibility of ITC on inputs used in construction of warehouse

ALL ABOUT CREDIT / DEBIT NOTES

No Bail in case of GST Fraud: HC

Applicability of GST on Co-Operative Housing Societies

Judicial Pronouncements under Insolvency and Bankruptcy Code, 2016

GST on cable & DTH operator

Offences and prosecution – Black Money (Undisclosed Foreign Income and Assets) Act, 2015 on Non-disclosure of Foreign Investments in return

Taxpayers Link your PAN with bank for refunds: Income Tax Department

Deduction claimed u/s 80IB(8A) could not be denied to assessee till such time assessee was approved as R&D organisation by prescribed authority.

Revision u/s 263 when Assessee claimed deduction as loan written back under OTS scheme, considering it as “ capital receipt” not liable to tax

When assessee had provided all evidences of payment and payments were recorded in books of account, they were not liable to be added u/s 69C.

Business Compliance Calendar for the month of March- 2019

Unexplained cash deposits in the bank account u/s. 69

When the AO contradicts its own statment or no independent application of mind is demonstrated then the notice for initiating re-assessment is considered to be bad in law and hence not sustainable

PF is applicable on basic salary plus all allowances: SC

Rigors of The Banning of Unregulated Deposit Scheme Ordinance, 2019 – realignment of financial transaction