This is an online news portal for tax news, updates, articles, judgments, Circulars, Notification and orders with regards to Indian Taxation Laws. ‘Simplifying the TAX & creating awareness about tax laws is the main motto of the Team theTAXTALK.
(via The provision granting mandatory one third deduction towards the value of land for computing value liable for GST is not sustainable in cases where the value of land is clearly ascertainable)
(via The Uttar Pradesh GST Department vide Circular No. 2223004 dated April 20, 2022 has issued clarification on various issues w.r.t. the availment of Input Tax Credit (“ITC”), e-invoice and refund under GST provisions.)
(via Any disallowance computed under section 14A pertaining to computation of income under normal provisions of the Act cannot be read into provisions of section 115JB)