SECTION 80 E OF INCOME TAX ACT

TAXABILITY ON GRATUITY

Export commission paid to NRI & Applicability of TDS Provision u/s 195

CAN ASSESSEE ALLOW TO FOLLOW MERCANTILE SYSYTEM FOR ONE PROJECT AND CASH SYSYTEM FOR ANOTHER PROJECT?

Capital gain exemption available towards plot purchase prior to sale of property,

Wrong reporting by CA to be taken seriously by Income Tax Department

“ONE NATION ONE TAX” : Not a phrase anymore!

No penalty if assessment order itself is quashed

No penalty leviable when the assessee had acted in terms of the law prevailing at the relevant point of time: Madras High Court

HUF as such cannot be a partner in a firm

Whether TDS is applicable on internet connectivity charges and specialised line rental u/s 194J of the Act being in the nature of royalty?

Delay in filing Appeal- ‘sufficient cause’ should be interpreted liberally by the Court

TYPES OF INCOME TAX NOTCES

INCOME TAX BENEFITS ON CHILDREN EDUCATION

GST Implication on leasing or selling of land:

“Composition Scheme for shall be made available for Suppliers of Services also”

Press Note of the 32nd GST Council Meeting held on 10.10.2019

Rule 8D cannot be invoked and applied unless the Assessing Officer records his dissatisfaction regarding correctness of the claim made by the assessee in relation to expenditure incurred to earn exempt income