Income Tax Act 1961
The Rana Ayyub Crowdfunding Case: A Wake-Up Call on Donations, Tax, and Legal Compliance in India
Tax Lessons from Rana Ayyub's Covid-19 Donation Case: What You Need to Know
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Income Tax Act 1961
Professional Audit & Assurance Services
Audit Services – Statutory, Tax, Internal, GST & Forensic | CA Alok Kumar Statutory Audit under Companies Act, 2013 We conduct statutory audits as per Section 143 of the Companies...
Read MoreCBIC Issues Fresh Directive on GST Audit Records: Here’s What Taxpayers and Officers Must Know
The Central Board of Indirect Taxes and Customs (CBIC) has released a crucial instruction— Instruction No. 05/2025-GST, dated 2nd May 2025—aimed at streamlining the audit process under the Goods and Services...
Read MoreWhatsApp Chats Lead to Income Tax Raid: Rajasthan High Court Validates Use of Digital Evidence
In a remarkable development in the world of digital forensics and taxation, the Rajasthan High Court has delivered a precedent-setting judgment that upholds the validity of WhatsApp messages as evidence...
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Income Tax Act 1961
Tax-Free No More? Decoding Agricultural Taxation in the New Bill”
Tax-Free No More? Decoding Agricultural Taxation in the New Bill”
Read MoreClaim Your Leave Travel Allowance (LTA) Before the Deadline to Save Tax!
Introduction to Leave Travel Allowance (LTA) Leave Travel Allowance (LTA) is an excellent tax-saving benefit provided to salaried employees in India. It allows employees to claim exemptions on travel expenses...
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Income Tax Act 1961
Seized Data Alone Is Not Enough for Tax Addition-A Game Changer for Tax Litigation
ITAT Delhi Ruling: M/s Sanmati Jewellers vs. DCIT, Central Circle-7, Delhi (ITA No. 3031/Del/2022, dated 28.02.2025) Background of the Case M/s Sanmati Jewellers, a partnership firm engaged in trading bullion,...
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GST
GST Exemption Denied for Manpower Services to Webel Technology Limited: What Businesses Must Know
The West Bengal Authority for Advance Ruling (AAR) has recently ruled that GST exemption is not applicable for manpower services provided to Webel Technology Limited (WTL). This decision is a crucial clarification for businesses engaged...
Read MoreCan I claim Section 89 relief even if the previous year’s ITR is not filed?
The Income Tax Department does not mandate the filing of ITR for previous years to claim Section 89(1) relief. Even if a taxpayer did not file an ITR for the...
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Income Tax Act 1961
Comprehensive Guide on Capital Gains Tax in India
Introduction to Capital Gains Tax Capital Gains Tax is levied on the profit earned from the sale of a capital asset during a financial year. The taxability of such gains falls under the head “Capital Gains” in...
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