Disallowance u/s 40(a)(ia) not affected even if payee considers the receipt as income and pays tax thereon – ITAT follows…
Aadhaar OTP for e-verification of income tax return has resumed Aadhaar OTP for e-verification of income tax return has resumed.…
Merely by admission of appeal against ITAT order, Revenue can not get over it. Supreme Court upholds High Court’s order and dismisses…
CBDT directed to substitute software enabling opt out from mandatory PAN-Aadhaar Linkage for filing return filing till 31.03.2019 in line…
GST Council to hold exclusive meeting on MSME Sector grievances on 4th August 2018 GST Council meeting on MSME Sector…
Section 40A(3) applicable only when payment of expenses is made in cash exceeding specified sum and not to the payment…
Allahabad High Court ask Govt. to take action against Joint Commissioner Sales tax Azamgarh for not complying with order. He…
CBDT has transferred 50 Additional/Joint Commissioners of Income Tax. The transfer/posting had been made locally with immediate effect. The City…
Identification of Benami Properties-More than 1600 provisional attachments made in Benami Transactions The Minister of State for Finance in Rajya Sabha stated…
Government quotes Swiss Authorities to defend rise in Swiss Bank Deposits of Indians. However Swiss Authorities appears to have made a general…