Section 83 does not provide for extension of order for provisional attachment…
Tax Invoice, Debit Note and Credit Note under GST
An invoice does not bring into existence an agreement but merely records…
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…
Commercial principles to be applied for adjustment of brought forward loss against current year income
The aim of any businessman is to earn profits. However, if by…
Understanding New Equalisation Levy & TDS on e-Commerce Transactions with Practical Illustrations
With the expansion of information and communication technology, the supply and procurement…
CIT couldn’t cancel trust’s registration just by referring to amended provision of Sec. 2(15)
Power of cancellation of registration can be exercised by Commissioner, where Commissioner…
SC issues guidelines for functioning of Courts through video conferencing during Covid-19 pandemic
Article 142 Directions: All measures shall be taken to reduce the need…
Assessee punishable for issuing invoice without actual supply to be released on bail subject to certain conditions
Where assessee for offence punishable under section 132(1)(b) was in custody since…
When is the New Personal Tax Regime u/s 115BAC Beneficial?
The new FY 2020-21 corresponding to the AY 2021-22, has already started…
Applicability of the Finance Bill 2020 on travel companies
The Finance Bill introduced a new Section (194-O) which requires every e-commerce…