National GST Enforcement Conference focuses on tackling fake registrations, balancing enforcement with ease of business, and enhancing compliance measures.
Section 80-IBA for 100% housing project deductions, including key amendments, conditions, and relevant judicial rulings. Effective from April 1, 2017.
Summary: Income additions by tax authorities due to discrepancies between a taxpayer’s declared income and the details in Form 26AS are common. However, these additions often lack proper verification. In cases such as Swati Mahesh Vinchurkar v. Dy. CIT, the Tribunal ruled that merely relying on Form 26AS without verifying the taxpayer’s claims is insufficient. […]
