Ram dutt Sharma ITO (Retd.)
Survey for recovery of taxes by Assessing Officers as well as Tax Recovery Officers [Explanation (a) to Section 133A(6)] Background The power of survey under section 133A of Income Tax Act, 1961, ........ View More
CA. Vinay Mittal
High Court impose cost of Rs. 50,000 on Department for filing belated appeal with it despite tax effect of less than Rs. 1 crore When the appeal was taken up learned Counsel for the appellant submit ........ View More
In absence of nexus between criminal activity & property acquired PMLA provisions cannot be invoked From a reading of Section 2(u) of the PML Act which defines the expression “proceeds of crime”, i ........ View More
Advisory on Reconciliation Statement (GSTR-9C ) 22/02/2021 GSTR-9C Reconciliation statement to be filed in Form GSTR-9C requires the tax rate wise declaration of transactions for the concerned ........ View More
CA Satish Agarwal
Establishment of Branch office (BO), Liaison office (LO) or Project office (PO) in India Introduction on the Establishment of BO/LO/PO in India (i) Eligible Foreign entities are permitted ........ View More
Ministry of Finance Income Tax Department conducts searches in Bhopal Posted On: 22 FEB 2021 1:34PM by PIB Delhi Income Tax Department carried out search and seizure operation on 18.02.2021 at 22 ........ View More
Ministry of Finance CBIC provides facilitation for exporters having IGST refund issues Posted On: 22 FEB 2021 7:05PM by PIB Delhi The Central Board of Indirect Taxes and Customs (CBIC) has extend ........ View More
Ministry of Finance Income Tax Department conducts searches in Pune Posted On: 22 FEB 2021 4:01PM by PIB Delhi Income Tax Department carried out search and seizure operations on 17.02.2021 on a g ........ View More
Taxability of Indian students Studying abroad All incomes earned in a foreign country are combined and taxed in India (applicable to students too, except for minors). As per the Income Tax Act, 1961 ........ View More
Challan Correction Mechanism Under OLTAS (On Line Tax Accounting System), the physical challans of all Direct Tax payments received from the deductors / taxpayers are digitized on daily basis by th ........ View More