Tax consultant arrested for GST Fraud of Rs. 582 Cr

Additional shares are allotted pro -rata to shareholders including assessee based on their existing shareholding not liable for taxation under section 56(2)(x).

Section 80G renewal couldn’t be rejected on ground that income of trust wasn’t utilized for charitable purposes: Karnatka HC

EMPLOYEES’ PROVIDENT FUNDS (EPF) AND MISCELLANEOUS PROVISIONS ACT, 1952

List of Items On Which ITC is Not Available

Punjab State Development Tax Act, 2018 : 6 things to know

Issuing shares for a price exceeding its FMV is taxable in the hands of the company: Angel Tax

Some Highlights You Must Know about the New GST Limit of Rs40 lakh

SECTION-7 MEANING AND SCOPE OF SUPPLY UNDER GST

Bye Bye to One Nation – One Tax: Kerala retaining old GST threshold limit – Now different states – Different Limit

Conversion of stock in trade in to capital assets is taxable now

Whether the trust is eligible for basic exemption limit as is applicable to Individual?

FMV of the shares has to be calculated by taking the Stamp Duty Value of the immovable property

Bogus share capital matter decided in favour or revenue by Delhi HC

Section 56(2)(x) and Section 50CA: In an attempt to plug the loopholes, it has resulted in double taxation for the same income.

Works contract service to State power distribution company for its commercial use attract 18% GST: AAR-Chhatisgar

Shares issued below fair market value- No tax if issued on proportionate basis

Notification No. 48/2017 amended to amend the meaning of Advance Authorisation by C.A. to avail Input Tax Credit : Notification 01/2019