Circular No.9/2021

Recent Posts

• Whether equity oriented funds are equivalent to shares from the standpoint of taxability under India Mauritius Treaty?
• Can India Tax Capital Gains from Foreign Share Buybacks? A Non-Resident’s Dilemma
• ITAT Delhi Accepts Cash Deposits as Salary Savings, Religious Practice and Lack of Other Income cited
• ITAT Visakhapatnam Upholds Telescoping: Rs. 1.25 Cr Marriage Expense Not Taxable in Individual Hands as Income Offered by Group Company
• A mere difference in opinion is not sufficient to invoke Section 263: ITAT Ahmedabad
• ROC Bangalore imposed penalty of Rs. 2.25 Lakh for failure to make ‘‘Appointment of Internal Auditor’’ u/s 138(1) & (2) r/w Rule 13(1) Of the Companies (Accounts) Rules, 2014
• No physical appearance – All personal hearings in GST proceedings must be conducted through virtual mode: A welcome move by Delhi GST Department
• Cash deposits during Demonetization and explanation of accumulated saving belonging to the family members – Issue before Delhi ITAT
• Section 143(2): When the Taxman Knocks, Should You Panic or Prepare?
• Does Sec 56(2)(x) apply to purchase of rural agricultural land?