Date Type Title Practice Area
11-05-2020 Info Memo Section 40(a)(ii) does not include the word “cess” and hence, the claim cannot be disallowed Direct Tax
01-05-2020 Info Memo Compensation received by partner from other existing partners for reduction in Profit Sharing Ratio will not attract capital gain tax u/s. 45(1) Direct Tax
10-04-2020 Info Memo where the assessee has fully and truly disclosed primary facts before the Revenue, notice u/s. 148 of the Income Tax Act, 1961 for reopening of assessment cannot be issued beyond 4 years. Direct Tax
03-04-2020 Info Memo Whether Service provided by Society to its member is "supply" under GST Law ? GST
22-10-2019 Info Memo In absence of intimation to AO regarding change of address, the notices issued by AO on address as per PAN database is valid Direct Tax
10-09-2019 Info Memo Section 43CA applies to “land” or “building” or “both” and it cannot be made applicable to transfer of “rights” in flat / office (under construction) Direct Tax
Info Memos
Reopening of Assessments – Clinical Study of Section 148A
Income Tax Concepts - Judicial Pathway
Faceless Assessment- Courts Uphold Principle of Natural Justice
Development Agreement - Income Tax on Land Owner
Faceless Assessment Scheme, 2019