Seller not paying GST should be questioned first before denying ITC of the buyer : Thank You Madras HC
Seller not paying GST should be questioned first before denying ITC of the buyer : Thank You Madras HC …
Income Tax
In search assessment, any undisclosed income, which can ultimately be added, is only to the extent of any unrecorded assets/material found or any incriminating documents found as representing undisclosed income earned.
In search assessment, any undisclosed income, which can ultimately be added, is only to the extent of any unrecorded assets/material…
Faceless Penalty Scheme, 2021 as notified by CBDT
Faceless Penalty Scheme, 2021 as notified by CBDT MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT…
Applicability of Stamp Duty on Power of Attorney for representation before the Income Tax & Other Departments in India
Applicability of Stamp Duty on Power of Attorney for representation before the Income Tax & Other Departments in India …
Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT) for Interest income
Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT) for Interest income Format, Procedure and Guidelines for…
For computing the inflation cost of the asset, the date is to be reckoned from the date of allotment of the property to the assessee and not from the date on which possession certificate was issued to the assessee.
For computing the inflation cost of the asset, the date is to be reckoned from the date of allotment of…
The purpose of the GST Act is lost by the manner in which tax law is enforced in our country: An Noteworthy observation by the Hon’ble Court
The purpose of the GST Act is lost by the manner in which tax law is enforced in our country:…
An overview of the Changes done by Ministry of Company Affairs in Schedule III for B/S & P & L A/c wef 1st April 2021 fir more transparency
An overview of the Changes done by Ministry of Company Affairs in Schedule III for B/S & P & L A/c wef…
Penalty proceeding after faceless E-assessment proceeding order
Penalty proceeding after faceless E-assessment proceeding order Now, after e-assessment proceeding, the penalty proceeding is also proposed to…
Import of Remedisivir API, Injection & specific inputs are made Tax Free
Import of Remedisivir API, Injection & specific inputs are made Tax Free
Sales Tax Bar Association, Jaipur appealed for extending the date of various Compliances under GST
Sales Tax Bar Association, Jaipur appealed for extending the date of various Compliances under GST Sales Tax Bar Association, Jaipur…
How to get immunity from penalty imposed u/s 270A for misreporting of income or under reporting of income
How to get immunity from penalty imposed u/s 270A for misreporting of income or under reporting of income …
Landmark Judgment : Principle of Natural Justice followed – Trust which substantially satisfied condition for availing benefit of exemption fir the past 30 years could not be denied exemption merely on bar of limitation in furnishing audit report in Form no. 10
Landmark Judgment : Principle of Natural Justice followed – Trust which substantially satisfied condition for availing benefit of exemption fir…
Representation for Relaxation from GST Compliances due to outbreak of Corona: An apt representation by WMTPA
Representation for Relaxation from GST Compliances due to outbreak of Corona: An apt representation by WMTPA Representation for Relaxation from GST…
Let the seller be questioned first before catching the buyer for ITC in GST: Madras High Court
Let the seller be questioned first before catching the buyer for ITC in GST: Madras High Court …
Sale of assets after valuation and the adjustment by the TPO by resorting to CUP method cannot be a ground for levy of penalty u/ s 271(1)(c).
Sale of assets after valuation and the adjustment by the TPO by resorting to CUP method cannot be a ground…
Services under the MSA leverage on the Assessee’s technical and technological expertise and, therefore, are in the nature of technical/consultancy services under Art 13.4(c) of India-UK Tax Treaty.
Services under the MSA leverage on the Assessee’s technical and technological expertise and, therefore, are in the nature of technical/consultancy…
Strategic road map for CA firms to operate as Virtual firm
Strategic road map for CA firms to operate as Virtual firm Strategic road map for CA firms to operate…
