Posted inBlog
CAG Audit Flags Delays and Errors in Vivad se Vishwas Scheme
A recent government audit reveals major delays and errors in India's Vivad se Vishwas tax scheme, raising concerns over revenue risks and operations.
Posted inBlog
Panaji ITAT Rules AO Cannot Tax Loan Merely Doubting Creditor’s Creditworthiness
The ITAT ruled that tax officers cannot tax genuine loans under Section 68 solely by questioning a creditor financial standing.