Expert Knowledge,
Straight from Practitioners.
Tax tips, legal guides, and financial advice written by the same verified CAs, Advocates, and Advisors you can consult on ConsultEase.
Madras HC Order in the case of Greenwood Owners Association Versus The Union of India
Case Covered: Greenwood Owners Association Versus The Union of India Facts of the Case: The petitioner in W.P.No.27100 of 2019 challenges an order of the Authority for Advance Ruling (AAR) levying tax on the entirety of the contribution by him to an RWA and the
9 Investment Options to Save Income Tax
There are many sections in the Income-tax act that give exemptions and deductions to encourage people to invest in different assets and various financial schemes. This gives financial and social security to the taxpayers and helps the government in arranging funds for various infrastructural
GST on services of RWA, Madras high court ends the confusion
Introduction Housing societies are bodies to maintain the societies. They are formed to provide common services. They collect an amount for these services. Generally called RWA or housing societies. There is controversy related to the mutuality and that their services are not supplied. But if
SC levied Penalty of Rs. 25000 on Deptt in Vishnu Aroma Pouching P Ltd Vs UOI
The penalty of Rs. 25000 on Deptt A penalty of Rs. 25000 on deptt is levied by the SC in case of Vishnu Aroma Pouching P Ltd Vs. UOI. The taxpayer won the case back in 2019. But the department went to file an SLP
Tripura HC Order in the case of Shri Sentu Dey Versus The State of Tripura
Case Covered: Shri Sentu Dey Versus The State of Tripura Facts of the Case: The petitioner has challenged an order dated 02.01.2021 passed by the learned Judicial Magistrate, 1st Class, Bishalgarh under which he has sent a criminal case CR 03 of 2020 for investigation
Gujarat HC in the case of Messrs Vishnu Aroma Pouching Pvt Ltd Versus Union Of India
Case Covered: Messrs Vishnu Aroma Pouching Pvt Ltd Versus Union Of India Facts of the Case: By this petition under Article 226 of the Constitution of India, the petitioners seek the following substantive reliefs:- “16. In the above premises, the petitioners most respectfully pray as
Handbook on Resolution Plan under The Insolvency and Bankruptcy Code, 2016: ICAI
Chapter 1 Introduction Corporate Finance is based on funding from equity and debt. As long as debt obligations are met, equity owners have complete control, and creditors have no say in how the business is run. When default takes place, control is supposed
Handbook on Corporate Insolvency Resolution Process under The Insolvency and Bankruptcy Code, 2016: ICAI
Chapter 1 Concept of Insolvency, Bankruptcy & Liquidation The handbook will be useful for professionals, businesspersons, entrepreneurs, bankers, and consultants dealing with company matters. It is a step-by-step guide for the implementation of the CIRP in accordance with the provisions of the IBC in
Faceless Assessment and Appeal
Budget Speech For Introducing Faceless Proceedings • Budget 2018-19 – “We had introduced e-assessment in 2016 on a pilot basis and in 2017, extended it to 102 cities with the objective of reducing the interface between the department and the taxpayers. With the experience
Delhi HC in the case of Anju Jalaj Batra Versus National E-Assessment Centre
Case Covered: Anju Jalaj Batra Versus National E-Assessment Centre Additional Joint Deputy Assistant Commissioner Of Income Tax Officer. Facts of the Case: The petition has been heard by way of video conferencing. The present writ petition has been filed challenging assessment order dated 22nd April
Multi Disciplinary Partnership Firms allowed from now on. CAs can have partnership with CMAs and CSs.
A lot of professional’s social media accounts got flooded with messages and notifications due to the recently issued notification of #ICAI allowing #CAs to form Multi-Disciplinary Partnership Firms. ICAI has allowed other professionals like #CS and #CMA to be partners in the same firm and
306th Issue of Tax Connect
Tax Calendar Due date Form/Return/Challan Reporting Period Description 11th July 2021 GSTR-1 June 2021 For the month of June 2021 ( For other than taxpayers under the QRMP scheme) 13th July 2021 GSTR-1 June 2021 For April to June 2021 (who opted QRMP) 13th July



