One state under same PAN In GST cannot utilise Input Tax Credit of Other state for payment of GST Tax liability
In GST, for registered user under the same PAN, Input Tax Credit of One state cannot be set off against tax liability in another state. Other... Read More
Diksha Garg
Different Kinds of Tax Terrorism in India
3 min read
Well, no one likes to pay taxes, and there has to be some stern action against the defaulters has to be done. Also, some erring... Read More
Warning against cash dealings of Rs 2 lakh: Income Tax department
The Income Tax Department has given a warning to people so as not to indulge in any cash transaction that involves Rs 2 lakhs or... Read More
Bombay HC: TDS On Salaries Will Not Be Reimbursed Under Secondment Agreement
In a new ruling that has gained significance in the recent times, the Bombay High Court will hold the salary payment under the secondment agreement... Read More
Filing Form No 61A for statement of financial transactions wef 1st April 2016 : The Latest Requirement
To keep an eye on the high valued transactions made by the taxpayers, the new law has been framed by the Income Tax department where... Read More
The case of Godrej & Boyce vs. CIT (Supreme Court)
In the judgment given by the Bombay High Court for Godrej & Boyce vs. CIT 328 ITR 81 (Bom), The Supreme Court of India needed... Read More
Invoice Matching Mechanism in GST
3 min read
An important function of executing a transaction is invoicing. An invoice is issued whenever there is a purchase or a sale by a seller who... Read More
Top Reasons where Taxpayers get into trouble with the Tax Authorities
There are top reasons where taxpayers get into trouble with the tax authorities. These cases were relatively rare earlier but are now becoming common in the... Read More
Taxmen Following you on Facebook: Be Cautious on Uploading your Holiday Pictures on Facebook
3 min read
It may be a reality with you that you have not paid your taxes in time and went on a holiday or bought a shiny... Read More
Penalty U/s 271DA For Violation Of S. 269ST Of The Income-tax Act, 1961
The issue being examined is about the law applicable to sections 269ST and 271DA of the Income-tax Act, 1961. Whether the Penalty U/s 271DA For Violation... Read More
Major Changes Expected in Direct Tax Code 2025 and why these matter 
Can an assessee pay House Rent to his parents and claim relief? Would there be any legal complications? 
Boost Your Business & Reduce Taxes: A Guide to Maximizing Benefits Under Section 80JJAA 
What is remedy to taxpayer if the Tax deductor fails to deposit the TDS or fails to file TDS Return