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Assessment framed on the basis of Form 26AS set aside- Sales consideration cannot be determined only on the basis of Form 26AS

By Taxwink Team | 20 Apr,2021

  Assessment framed on the basis of Form 26AS set aside- Sales consideration cannot be determined only....

Filing of Form CSR-1 with MCA for CSR funding

By Taxwink Team | 20 Apr,2021

Filing of CSR-1 with MCA for CSR funding The Government of India has come out with a new registration for N....

ITC on CSR activities under GST

By Taxwink Team | 19 Apr,2021

ITC on CSR activities under GST Background The question “whether Input Tax Credit (ITC) is admissi....

How to reply to different income tax notices

By Taxwink Team | 18 Apr,2021

Every taxpayer becomes anxious on getting an income tax notice. He does not know how to deal with such notice....

Complete Guide on GST on Free Gifts and Promotional items

By Taxwink Team | 17 Apr,2021

Complete guide on GST on Free Gifts & Promotional Items   Introduction Distribution of gifts....

No penalty under section 271(1)(c) on estimation of profits- Rajasthan High Court

By Taxwink Team | 14 Apr,2021

  No penalty under section 271(1)(c) on estimation of profits- Rajasthan High Court ....

Penalty under section 271(1)(c) cannot be levied on the basis of estimate additions

By Taxwink Team | 14 Apr,2021

Penalty u/s 271(1)(c) cannot be levied on the basis of estimated additions   Cas....

Long Term Capital Gain cannot be treated as bogus merely on the basis of suspicion that SEBI had initiated some action or investigation

By Taxwink Team | 13 Apr,2021

Long Term Capital Gain cannot be treated as bogus merely on the basis of suspicion that SEBI had initiated som....

Blocked Credit Under GST- Section 17(5) of CGST Act, 2017

By Taxwink Team | 12 Apr,2021

Cases where Input Tax Credit under GST cannot be availed- Blocked credit under GST GST has been introduced....

Interest on late payment of TDS is not eligible business expenditure and thus not deductible

By Taxwink Team | 12 Apr,2021

Interest payment on late payment of tax at source is not eligible business expenditure and thus not deductible....

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