No Manual Tax Notice from 1st October 2019
CBDT has issued a circular 19/2019 dated 14.08.2019 that no communication shall be...
Sec. 148 or 143(2) Notice On Amalgamating Company, Dead Entity & Person Void Ab Initio!
I have written in past, at least two articles, on the issue whether...
Quantum Jump in Appeal Monetary Limit!
In a major relaxation, CBDT has issued Circular 17/2019 dated 8/08/2019 to further...
Does Receipt of Export Proceeds through PayPal Satisfy Export Rule Under GST ?
There is no IGST on export of...
Denial of Exemption for Not Filing Form 10B by CPC . How to Deal With It ?
Section 12A of the Income Tax Act states...
No GST on Deemed Import if Goods or Services Exported From Outside India
This post is focused on the issue of GST on Deemed Import of Goods. Recently one...
Faceless Tax Scrutiny in the Offing !
The Businesslines reported yesterday that CBDT has issued...
Even Non-Agriculture Land Sold Under RFCTLARR Act is Fully Tax-Free!
RFCTLARR or The Right to Fair Compensation and...
AO’s Jurisdiction Challenge: When Why & How!
Income Tax Act (Act after this ) provides...
Is Notice u/s 148 Served on Old Address When New Address Available in Return with AO Invalid?
It often happens! The AO initiates reassessment proceeding...
Sec.54 or 54F: Whether Expenditure on Property after Purchasing it, Qualify for Deduction ???
Section 54 or the Section 54F of the...
Why Notice u/s 148 on Stricken Off Company or Its Directors May Legally Not be Tenable?
The government has taken many steps to fight...
For AY 2019-20 -Sahaj (ITR-1) and SUGAM (ITR-4) Not Available to Many
CBDT has notified some amendments to Rule 12 of the Income Tax Rule and also...
Joint Owners Get Exemption u/s 194-IA Upto Rs 50 Lakhs Each-3 Separate ITAT Confirms It
As you already know , if you are selling immovable property , the buyer needs...
New Rules for Applying & Issue of Lower or Nil Deduction Certificate Simplified !
Income Tax Act provides a number of provisions -from section 192 to section 195-under which the...
