These articles are uploaded by our esteemed readers. If you would like to publish an article on any legal topic, please use this form to upload it
Seven Reporting Clauses in Tax Audit Report (Form 3CA/CB read with 3CD) causing Dilemma & Hardships for Tax Auditor & Auditee, if Tax Audit Due Date for AY 2020-21 remains 31.12.2020
By Mayank Mohanka, FCA, Sr, Partner in M/s S M Mohanka & Associates & Founder Director is M/s TaxAaram India Pvt Ltd: In this Taxalogue, I am discussing atleast Seven (7) Reporting Clauses in the Tax Audit Report (Annexure Form 3CD), which requires reporting by the Tax Auditor on certain specified compliances by the tax auditee uptill the due date of filing of return of income u/s 139(1) of the Income Tax Act. Therefore, the current statutory… Read More ...
income tax
By CA RS Poonia: Some smart taxpayers, along with some smart tax consultants, had developed a system that they would not pay tax in any country of the world. In the finance act 2020, for such taxpayers, the Government of India has tried to bring such taxpayers into the tax net by introducing a new concept "Deemed Resident", and… Read More ...
Contempt of Court
By Amit Kumar Gupta: Everyone must respect the decisions of courts and no one can interfere with the working of courts. The law relating to contempt has developed only on this broad basis. The article also explains the powers of High Court and Supreme court for initiating contempt of court and also states the limitation on the power to… Read More ...
Interplay between Initiation of Penalty Provisions and Satisfaction of The Revenue
By CA. Suchek Suresh Anchaliya: Interplay between Initiation of Penalty Provisions and Satisfaction of The Revenue Read More ...
Development of Income Tax Law w.r.t Mutual Associations
By CA. Rajesh Selot: Development of Income Tax Law w.r.t Mutual Associations Read More ...
Mutuality under The Income Tax Act – Origin & Development
By Rahul Agarwal* & Rishabh Srivastava** : Mutuality under The Income Tax Act – Origin & Development Read More ...
Hindu Undivided Family, Female Coparcener and her rights clarified by the three judges’ bench of the Supreme Court
By B. V. Jhaveri, Advocate, Kevin M. Boricha, Student, CA & Law: Hindu Undivided Family, Female Coparcener and her rights clarified by the three judges’ bench of the Supreme Court Read More ...
Admission And Retraction In Income-Tax Survey And Search And Relevancy Of Electronic Evidence
By Narayan Jain, Advocate: Advocate Narayan Jain, Kolkata presented a paper on “Admission and Retraction in Income-tax survey and search, and relevancy of electronic evidence” during a virtual National tax conference organized by The All India Federation of Tax Practitioners (AIFTP) (West Zone). The session was chaired by Dr. K. Shivaram, Senior Advocate, Mumbai. Read More ...
International Taxation- Analysis of Basic Concepts and Case Laws with Comments.
By Arjun Gupta: An Article on International Taxation which explains the basic concepts with the aid of case-laws along with comments on such case laws which might interest readers. Read More ...
TCS at the time of Receipt or Invoicing: Confusion & Clarifications
By CA Naresh Jakhotia: Law implemented without considering the administrative convenience to the taxpayers can never be a good law & is against the basic concept of providing ease of business. One such provision is with regard to recently introduced provision on Tax Collection at Source (TCS) which is effective from 01/10/2020. Now, every person whose turnover in the… Read More ...