In an advisory issued to the taxpayers, the Central Board of Direct…
Relaxation in Income-Tax Compliance in COVID-19
Income-tax, income-tax compliance, ITR date relaxation, COVID-19 pandemic, timelines for the taxpayers,…
Buy Back Of Shares By Unlisted Company – Tax Efficient Tool
Buy-Back is one of the important provisions in the Companies Act, 2013,…
Global Income Of All Indian Citizen Exempted? A Critical Analysis Of Deemed Residency – Section 6
The issue of stateless persons has been bothering the tax world for quite some…
Equalisation Levy: An Essential Legislative Reform To Prevent Tax Evasion By Foreign E-commerce Entities
Finance Act, 2020 has made several amendments in the Finance Act, 2016. The…
Vivad Se Vishwas: ITAT President Lauds Scheme, CBDT Chief Invites Suggestions For Improvement
On behalf of the ITAT Bar Association, Mumbai, Advocate Shri Hiro Rai, President…
Forwarding copy of notice to assessee after effecting recovery proceedings couldn’t be held as legal
Mere forwarding of a copy of notice, after effecting recovery, will not…
Operation Clean Money (OCM)/Demonetisation Cases & Vivad Se Vishwas Scheme 2020
To break the grip of corruption and black money, we have decided…
HC directed AO to grant refund as there was no reason forthcoming from him for delayed processing of ITR
Where no reason was forthcoming from revenue for delay in processing refund…
HC upholds constitutional validity of Sec. 234E imposing fee for late filing of TDS/TCS statements
A provision can be held unconstitutional only when the legislature was incompetent…