Direct Tax Updates: ITAT dismisses Revenue’s appeal, upholds CIT(A)’s order directing AO/TPO to re-compute TP-adjustment only with regard to international… Read More
Direct Tax Updates: CBDT member Akilesh Ranjan, is arguing for a new tax regime for individuals. It has proposed dramatic… Read More
Direct Tax Updates: CBDT issues Clarification in respect of filling-up of the ITR wrt Directors, Foreign assets and NRIs. Indirect… Read More
Direct Tax Updates: LTCG from penny stocks cannot be treated as bogus if documentation is in order and no fault… Read More
Direct Tax Updates: CBDT had exempted registered startups from the purview of the angel tax provision except for those that… Read More
Tax Updates: India’s version of Google tax, or the equalisation levy, may now be applicable in Jammu & Kashmir. With… Read More
Corporate and professional Updates on 5th August 2019 Direct Tax Updates: Finance Minister announced that there will be a change… Read More
Direct tax Updates: Income tax department has begun scrutiny of the data of traders registered with GST network as also… Read More
Indirect Tax Updates: The amendment to Section 17 (5) of the Central Goods and Services Tax (CGST) Act deals with blocked… Read More
Direct Tax Updates: Direct tax revenue has grown 78 percent i.e 11.37 lakh Crores from 2014 to 2019. Propose to… Read More