Compliance Calendar for the amount of May – 2021
Compliance Calendar for the amount of May – 2021 FY 2020-21 INCOME TAX 07th May 2021- TDS deducted…
Income Tax
ICAI cannot refuse to recognise the retirement of a Chartered Accountant (CA) from a CA firm thereby preventing him from registering a new firm
ICAI cannot refuse to recognise the retirement of a Chartered Accountant (CA) from a CA firm thereby preventing him from…
Few Recent Important Changes which taxpayers is required to note while making GST compliances
Few Recent Important Changes which taxpayers is required to note while making GST compliances Now, quoting of…
Drastic changes made in Income tax provisions relating to Charitable and Religious Trusts (Trusts/NGOs) are not proper: An apt representation by BJP Professional Cell, Mumbai in favour of Charitable Trust doing the noble cause
Drastic changes made in Income tax provisions relating to Charitable and Religious Trusts (Trusts/NGOs) are not proper: An apt representation by…
Breaking News: Belated return for AY 2020-21 u/ s 139 (4) can be filed up to 31st may 2021
Breaking News: Belated return for AY 2020-21 u/ s 139 (4) can be filed up to 31st may 2021 CBDT…
Delhi High Court granted stay on the proceedings/ summons by CGST officer, when proceeding already conducted by State Tax Officer.
Delhi High Court granted stay on the proceedings/ summons by CGST officer, when proceeding already conducted by State Tax Officer.…
CBDT notifies Rule 44DA and FORM No. 34BB for Exercise of option to withdraw pending application under sub-section (1) of section 245M of the Income-tax Act, 1961.
CBDT notifies Rule 44DA and FORM No. 34BB for Exercise of option to withdraw pending application under sub-section (1) of…
Avoiding Double Taxation U/s 9B & Section 45(4) on Reconstitution of Partnership Firm
Avoiding Double Taxation U/s 9B & Section 45(4) on Reconstitution of Partnership Firm Finance Act – 2021 has…
An Analysis of Section 45(4) as amended by the Finance Act – 2021 on reconstitution of Partnership Firm
An Analysis of Section 45(4) as amended by the Finance Act – 2021 on reconstitution of Partnership Firm …
Entry of Rs. 12/- or Rs. 330/- in the bank account and death due to Covid
Entry of Rs. 12/- or Rs. 330/- in the bank account and death due to Covid If someone…
Unsigned show cause notice issued by the AO cannot be held as valid even if the office copy of the notice is duly signed –
Unsigned show cause notice issued by the AO cannot be held as valid even if the office copy of the…
Reassessment proceeding need ot be quashed if there is Non disposal of objections prior to issuance of the impugned Show Cause Notice (SCN)
Reassessment proceeding need ot be quashed if there is Non disposal of objections prior to issuance of the impugned Show…
Chartered Accountants Association, Surat has represented to Nirmala Sitharaman for Granting of Breathing Space for Compliance by Stakeholders.
Chartered Accountants Association, Surat has represented to Nirmala Sitharaman for Granting of Breathing Space for Compliance by Stakeholders. …
Dear CBDT, Please do something. It’s an harassment to the taxpayers as there is trouble while Login at the Income Tax Portal since last 2 days
Dear CBDT, Please do something. It’s an harassment to the taxpayers as there is trouble while Login at the Income…
No Capital Gain if development got cancelled and possession taken back
No Capital Gain if development got cancelled and possession taken back Santosh Kumar Subbai v. ITO (2020)…
Not hypothetical income, but Its only real income can be taxed under Income Tax Act
Not hypothetical income, but Its only real income can be taxed under Income Tax Act There are…
Interesting Judgment: Sale deed done one year prior to capital gain but possession by the builder was handed over within one year -Validity of Capital gain exemption u/s 54
Interesting Judgment: Sale deed done one year prior to capital gain but possession by the builder was handed over within…
Where transaction is found to be a bogus transaction on the basis of subsequent information, it cannot be said to be a disclosure of ‘full’ and ‘true’ facts: Reassessment by AO justified
Where transaction is found to be a bogus transaction on the basis of subsequent information, it cannot be said to be a…
