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Advances given to shareholder for business purposes not under the ambit of “Deemed Dividend” provisions

By Taxwink Team | 12 Jul,2021

Advances given to shareholder for business purposes not under the ambit of “Deemed Dividend”....

Clubbing of Income of Minor Child with income of parents

By Naveen Goyal | 12 Jul,2021

Clubbing of Income of Minor Child with income of parents The advent of digital mediums like Youtube, Tiktok....

No addition under section 68 be made if the assessee has discharged burden of proof

By Taxwink Team | 11 Jul,2021

No addition under section 68 be made if the assessee has discharged burden of proof  ....

TDS on payment to contractors & professionals- Section 194M of Income Tax

By Naveen Goyal | 11 Jul,2021

TDS on payment to contractors & professionals- Section 194M of Income Tax Introduction: Section 194M....

Denial of ITC due to GSTR 2A mismatch- High Court stays order

By Taxwink Team | 10 Jul,2021

Denial of ITC due to GSTR 2A mismatch- High Court stays order   Case Details:....

​​​​​​​Department should at least provide reasons for blocking the input tax credit

By Taxwink Team | 10 Jul,2021

Department should at least provide reasons for blocking the input tax credit   Cas....

High Court set asides final assessment order passed by NFAC without issuing draft assessment order

By Taxwink Team | 10 Jul,2021

High Court set asides final assessment order passed by NFAC without issuing draft assessment order  ....

Calcutta High Court grants interim stay of deduction of tax under section 194N of Income Tax Act

By Taxwink Team | 10 Jul,2021

Calcutta High Court grants interim stay of deduction of tax under section 194N of Income Tax Act  ....

TDS on cash withdrawals- Detailed Analysis

By Naveen Goyal | 10 Jul,2021

TDS on cash withdrawals- Detailed Analysis   The Finance Act, 2019 introduced Section 194N to provi....

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