Sponsored
    Follow Us:

Archive: 25 October 2020

Posts in 25 October 2020

Live Course on Grow Your IDT Practice & Preparation for GSTAT (GST Tribunal)

August 16, 2024 2118 Views 0 comment Print

Join our webinars on GST Tribunals preparation. Learn to grow your IDT practice and prepare for GSTAT with expert guidance. Register now for ₹899 + GST!

Dussehera gift of date extension, but what about Diwali gift of ITC?

October 25, 2020 17721 Views 6 comments Print

Arjun (Fictional Character): Krishna, tax departments have gifted taxpayers with their Dussehera gift, in form of date extension, what are the new due dates for GSTR-9 & 9C? Krishna(Fictional Character): Arjuna, around 53 GST and trade associations had submitted representations as well as filed a writ petition for extension of due dates, which has now […]

Extension of Tax Audit and ITR Due dates is a welcome Move

October 25, 2020 3540 Views 1 comment Print

Extension of Due Date for Tax Audit and Furnishing of Income Tax Returns for FY 2019-2020 welcomed by many organisations The Central Board of Direct Taxes has extended due dates of filing income tax returns till January 31, 2021 for taxpayers who have to get their accounts audited and those that are required to furnish […]

Entire Purchase cannot be disallowed by Considering it as Bogus

October 25, 2020 3756 Views 0 comment Print

The issue under consideration is whether the disallowance u/s 69C of entire purchase amount by considering it as bogus is justified in law?

Section 50C Cannot be Invoked if No Reference Made to Valuation Officer

October 25, 2020 11289 Views 0 comment Print

The issue under consideration is whether AO is correct in invoking section 50C where no reference to valuation officer despite being request made by assessee?

Explanation 7 to section 9(1)(i) of Income Tax Act is Retrospective

October 25, 2020 8100 Views 0 comment Print

Assessing Officer was of the firm belief that operation of Explanation 7 to section 9(1)(i) of the Act is prospective, since it has been inserted by the Finance Act, 2015 and made effective from 01.04.2016 and, therefore, not applicable in the year under consideration.

Dream11’s ‘online fantasy games’ is a game of skill & not ‘betting’

October 25, 2020 3693 Views 0 comment Print

The Hon’ble HC, Rajasthan in the matter of Ravindra Singh Chaudhary vs. Union of India [D. B. Civil Writ Petition No. 20779/2019 dated October 16, 2020] held that Dream11’s online fantasy sports games are not betting/gambling. Facts: Ravindra Singh Chaudhary (“the Petitioner”) filed a Public Interest Litigation alleging that Dream 11 Fantasy Private Limited (“Respondent”) […]

Work from Home (WFH) – Towards Digital Office

October 25, 2020 3759 Views 1 comment Print

COVID 19 Pandemic has changed our Life, Lifestyle, thoughts, behaviour and work life balance beyond our imagination. Nobody has imagined that the present Pandemic will occur at any point of time suddenly. No one was prepared for the same. This Article deals with existing circumstances, problems, benefits and disadvantages with respect to Working from Home […]

Sponsored
Sponsored
Search Post by Date
August 2024
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031