Nothing works like fear psychosis. And nobody knows better than our Modi Government and our Income Tax Department officials As the much touted Income declaration... Read More
Rajbir Chawla
CBDT has issued instructions to assessing officers instructing them on how to carry on assessments u/s 143(2) in case of limited scrutiny assessments There are... Read More
Is GST only Hype and Hoopla or would it be able to give some boost of the economy? Would it be grindstone in neck of... Read More
Most of the taxation laws provide simplified implementation procedures especially for small tax payers who generally neither have infrastructure or rich resources to afford professional... Read More
As on date, no data is being shared by Government as to what has been the result of the Income Declaration Scheme (IDS), 2016. This... Read More
GST will bring uniform tax structure and hence uniform prices across country may prove to be big myth if politics has its own way over... Read More
Gujarat which till 2008, had about 40% of its share in Country’s Pharma Industry, saw its share in the industry tanking to low of 20%... Read More
As the deadline for selecting cases for Scrutiny nears, Department sending Scrutiny Notices
3 min read
As the deadline for selecting the case of Financial Year 2014-15 nears, the department is sending the notices for Scrutiny. This year, not necessarily all... Read More
The Much talked about and ambitious bill by NDA Government, also touted as bill that would ensure reconciliation of inputs and outputs and thus eliminate... Read More
From various speeches in various forums by Prime Minister, Narender Modi and Finance Minister, Arun Jaitley, one can sense the focus that the Government is... Read More