GST Evasion: Rs. 35 Crore Evasion unearthed in Jaipur, Rs. 25 Lakh recovered from Bodh Gaya
The Goods and Services Tax ( GST ) regime, India’s historic tax reform turned one year and three months. When the Government is struggling to achieve...
![Sec 54 Benefit allowable for Investment made in New Residential Property within One year before Sale of Old Asset: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/10/Residential-Property-ITAT-Taxscan.jpg "Sec 54 Benefit allowable for Investment made in New Residential Property within One year before Sale of Old Asset: ITAT [Read Order]")
![Breaking: No Further Due Date Extension for Tax Audit, CBDT Confirms [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/CBDT-Taxscan-2.jpg "Breaking: No Further Due Date Extension for Tax Audit, CBDT Confirms [Read Order]")
![IGST Refund: CBIC extends Alternative Mechanism to Rectify Invoice Mismatch [Read Circular]](https://www.taxscan.in/wp-content/uploads/2018/05/Warehoused-Goods-IGST-CBIC-Taxscan.jpg "IGST Refund: CBIC extends Alternative Mechanism to Rectify Invoice Mismatch [Read Circular]")
![HUF can’t be a Working Partner in Firm: ITAT upholds Rectification Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/10/HUF-Taxscan.jpg "HUF can’t be a Working Partner in Firm: ITAT upholds Rectification Order [Read Order]")
Flat purchased for providing Residential Accommodation to Managing Director is a Business Necessity: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that when a company purchases flat for providing accommodation facility to its Managing Director, the tax benefits shall not be...
![Flat purchased for providing Residential Accommodation to Managing Director is a Business Necessity: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Cenvat-Credit-Sale-Flat-Taxscan.jpg "Flat purchased for providing Residential Accommodation to Managing Director is a Business Necessity: ITAT [Read Order]")
ICAI invites Application for Scholarships to Articled Assistants from The Chartered Accountants Student Benevolent Fund
The Board of Trustees of the Institute of Chartered accountants of India ( ICAI ) has decided to provide financial assistance of Rs. 1500/- p.m, for articled assistants who are registered for...
Madras HC Quashes Order rejecting ITR without Providing Opportunity to Rectify Defect [Read Judgment]
The Madras High Court recently set aside an order passed by the Assessing Officer rejecting an Income Tax Return ( ITR ) filed by the assessee on the ground that an opportunity to rectify the defect...
![Madras HC Quashes Order rejecting ITR without Providing Opportunity to Rectify Defect [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/10/ITR-Taxscan.jpg "Madras HC Quashes Order rejecting ITR without Providing Opportunity to Rectify Defect [Read Judgment]")
NFRA can Investigate against Chartered Accountants for Misconduct from 24th October: MCA Notifies [Read Notification]
The Ministry of Corporate Affairs (MCA) has notified that the newly constituted National Financial Reporting Authority ( NFRA ) can investigate the matters relating to misconduct of Chartered...
![NFRA can Investigate against Chartered Accountants for Misconduct from 24th October: MCA Notifies [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/03/NFRA-Taxscan-1.jpg "NFRA can Investigate against Chartered Accountants for Misconduct from 24th October: MCA Notifies [Read Notification]")
Mere License to Enter the Property for Carrying Out Development not ‘Transfer’ for imposing Capital Gain Liability: ITAT [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that the mere license to enter the property for carrying out development not ‘Transfer’ for imposing capital gain liability...
![Mere License to Enter the Property for Carrying Out Development not ‘Transfer’ for imposing Capital Gain Liability: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Development-Agreement-Capital-Gain-Taxscan.jpg "Mere License to Enter the Property for Carrying Out Development not ‘Transfer’ for imposing Capital Gain Liability: ITAT [Read Order]")
