General Anti-Avoidance Rules: The CBDT amended the general anti-avoidance rules (GAAR), to reflect an effective date 1 April 2017. Read aJune 2016 report [PDF 278 KB]
Can not find what you are looking ? Try Google Search….
Dont Forget to Subscribe for Latest Updates and News
Recent Posts
- Upfront time-share membership fees coupled with long-term obligations are taxable over the contract period.
- Penalty under Section 272A(1)(d) cannot be levied if subsequent compliance leads to acceptance of returned income.
- Delay condoned and amortization recomputed using actual termination date while deleting concealment penalty
- Reversal of Previously Disallowed Securitisation Provisions Cannot Be Taxed Upon Being Written Back
- Reopening of Assessment Valid Based on Post-Survey Evidence of Taxable Gross Revenue Receipts
- Advance Salary Loan Is Not a Benami Transaction Aimed at Defeating Demonetization Purpose
- Routing Demonetised Cash Through Another’s Bank Account Constitutes a Benami Transaction, but Attachment Modified by Taxes Paid
- OpenAI’s Pivot Back to Tech-First Leadership: Merging ChatGPT and Codex into One “Super App”
- Taxability of senior citizen saving scheme under Income Tax
- OpenAI Wants to Merge ChatGPT and Codex Into One AI Platform
TaxHeal
