Approval u/s 10(23C)(vi) cannot be denied on the ground that the aims and object of the trust include several clauses which are not for the purposes of education

Gujrat High Court admits appeal against the last date notified by government for availing input tax credit

“Penny stock judgement by MP High court considering all other judgement”

VAT Audit- Back to Old Days

Payment made to retiring partners & its deduction on the ground that its diversion of income by overriding title-

Benefit match fee received by a retired cricketer is a capital receipt not liable for income tax

Order passed in hurry to avoid the bar of limitation & C.I.T. power u/s 263 to conclude that the assessment order is erroneous & prejudicial to the interests of the Revenue: Principal laid down by Supreme Court in the case of Amitabh Bachan

CBDT Directive Regarding Audit Of Charitable Trusts Registration Process

Important update especially for Indian Constituent entities having US parent

DCIT directed to pay costs of Rs. 1.50 Lakh from salary to the Assessee for illegal tax recovery.

Allowability of Deduction towards interest paid if of interest of Interest-free loan given to sister concern

TDS BENEFITS TO NRI’s & RESIDENT’s:

Explanatory Notes to the Provisions of Finance Act, 2018 issued by CBDT Vide Circular Dated 26 Dec 2018

Applicability Of GST On Housing Societies

CREDIT/DEBIT NOTE UNDER GST

Different Services under GST:

Reopening of Assessment not justified if AO is satisfied in respect of any claim during assessment proceeding

Reopening of Assessment- Prayer of Assessee for interim relief rejected