Current Issue

In the High Courts: Part A

• Appeal to Commissioner (Appeals) — Limitation — Appeal should be heard within reasonable time....
• Business expenditure — Broken period interest paid for purchase of securities held as stock-in-trade — Deductible expense....
• Business expenditure — Capital or revenue expenditure — Corporate social responsibility expenditure — Amendment providing for disallowance of — Not re...
• Deduction of tax at source — Recovery of demand — Bar against direct demand on assessee — Employer deducted tax at source from assessee’s salary but n...

President's Message

India is reinventing itself and is gearing up to leap into the future with aggressive digital transformation. The e-initiatives that are enabling India to take rapid strides in transforming itself - from a developing economy to a developed economy - are Unified Payment Interface (UPI), DigiLocker, eSign, Aadhaar-enabled Payment Services, e-KYC, GSTIN, TIN, Aarogya Setu, CoWIN, FASTag, E-Way Bill, National Digital Library of India, ONDC and many more.