Earnest money forfeited by HSIDC on surrender of industrial plot allotment was capital loss not deductible

Changing Time : CBDT issues guidelines for defending cases at CIT (Appeals)

Difference between Tax Invoice and Bill of Supply

FEMA / RBI Compliance Checklist

Advantages of taking registration in GST

India hikes customs duty on goods from Pakistan to 200% after Pulwama terror attack

NOTICES FOR MISMATCH OF TDS RETURN VIS A VIS TAX AUDIT REPORT

Excluding second house property from Notional Taxation & its side effects.

TDS ON PURCHASE OF PROPERTY FROM NON RESIDENT INDIAN (NRI)

If assessee fails to furnish documents in support of sources towards credits in capital account guised as gift received from demised father, addition made in this regard is justified

Bank statements aren’t books maintained by assessee; section 68 additions not sustainable.

MCA annoyed over ICAI issuance of clarification on rotation – Instructed to withdraw the same

No exemption u/s 54F if net consideration not utilized for deposit before due date specified u/s 139(1).

No Penalty u/s 271AAA if Revenue itself failed to question in statement u/s 132 (4) the manner of deriving such income

Whether Non Filer is also liable for GST Annual Return or GST Audit?

Filing of budget is a reportable matter for auditors under Bombay Public Trust Rules, 1951.

Onus is on assessee to prove identity & creditworthiness of subscribers of share capital

Interesting case: An adjournment cannot be sought on the ground that Counsel is out of station