• GST

Clarification on exercise of option to pay tax @ 3% on first supplies of goods or services

8 years ago

Clarification on exercise of option to pay central tax @ 3% on first supplies of goods or services upto an…

  • GST

GST Tax Invoice Series to be used wef 1st April, 2019 and Bill of Supply-GSTN Advisory

8 years ago

GST Tax Invoice Series to be used wef 1st April, 2019 and Bill of Supply. Taxpayers advised to make suitable…

  • Income Tax

DVO reference invalid where value of property is more than FMV as on April 1, 1981

8 years ago

DVO reference u/s 55A invalid where value was more than FMV as on April 1, 1981 as per approved valuer's…

  • Income Tax

No concealment penalty for bonafide error of chartered accountant in claiming deduction u/s 80IC

8 years ago

No concealment penalty for bonafide error of chartered accountant in claiming wrong deduction u/s 80IC by choosing incorrect initial assessment…

  • Income Tax

There is no concept of pre bargaining under Income Tax Act – ITAT dismisses appeal for delay

8 years ago

There is no concept of pre bargaining under Income Tax Act – ITAT dismisses delayed quantum appeal filed after initiation…

  • Income Tax

CBI arrested two Income Tax Officers in a bribery case of Rs. 14 lakh

8 years ago

CBI arrested two Income Tax Officers in a bribery case of Rs. 14 lakh The Central Bureau of Investigation (CBI)…

  • Income Tax

CBDT notified income tax return formats for AY 2019-20 – Key Changes

8 years ago

CBDT has notified the income tax return formats for AY 2019-20. The Income-tax (Second Amendment) Rules, 2019 have been issued…

  • Income Tax

High Court imposes penalty on I T Deptt. for harassing assessee by illegally attaching bank

8 years ago

High Court imposes penalty of Rs. 50,000/­ on Income Tax Department for harassment of assessee in illegally attaching bank account…

  • Income Tax

Indian Advance Pricing Agreement regime moves forward with signing of 18 APAs in March 2019

8 years ago

Indian Advance Pricing Agreement regime moves forward with signing of 18 APAs in March 2019 Government of IndiaMinistry of FinanceDepartment…

  • Income Tax

Sale of land made by partnership firm can not be added in partner’s hand

8 years ago

Sale of land made by partnership firm can not be added in partner’s hand. Assessment has to be done in…