Importing E-way bill data in GSTR 1:

Merely by showing receipt of cheque or statement of bank account of share subscriber, creditworthiness and genuineness of transaction is not proved

GST: Old & New Set off Rules in a Chart

All about intimation u/s 143(1)

Mandatory filling of MSME Form I announced vide Companies (Furnishing of information about payment to MSME suppliers) Order, 2019

Sec 11 &12AA- Registration cannot be cancelled during the pendancy of enquiry

AO couldn’t reopen case on basis of conclusion drawn by another AO

Benefit of Long Term Capital Gain exemption for Two house properties

ITAT allowed write-off of advance given to wife by Jackie Shroff for production of ‘BOOM’

GST will be attracted on Sale/Transfer of Capital Assets in certain situation

TAXATION ON PARTNERS

DEFERRED TAX ASSET (DTA)

KNOW ABOUT PROSECUTION PROVISION IN INCOME TAX ACT 1961

Assessee is eligible for benefit of section 11 & 12 where property was purchased by the trust for the residence of its chairman and for carrying out charitable activities.

Remuneration to partners is allowable even if partnership deed dont quantify it in exact terms

Non-declaration of agricultural income in the return of income does not lead to a conclusion that the assessee had not earned any agricultural income

Cabinet approves Abolition of Institution of Income-Tax Ombudsman and Indirect Tax Ombudsman

Certificates needing compulsory registration under UDIN from 1st Feb 2019 onward