Articles by SAGAR MALHOTRA

Extension of Time Limits of Various Compliances

Posted by SAGAR MALHOTRA 26 May 2021 2846 Views

In wake of the COVID-19 pandemic and in the interest of taxpayers, CBDT has extended time limits for various compliances. Same has been discussed in this article.

Pepsi Foods Ltd: Supreme Court Ruling on Stay of Demand beyond 365 days

Posted by SAGAR MALHOTRA 25 May 2021 12346 Views

SC declares a certain part of the third proviso of section 254(2A) of the Income Tax Act, 1961 as being unconstitutional in the DCIT v. Pepsi Foods Ltd case.

Compilation of Notifications & Circulars issued by CBDT in the month of January 2021

Posted by SAGAR MALHOTRA 15 February 2021 9217 Views

Discussing all the Direct Tax Notifications and Circulars issued by the Central Board of Direct Taxes, in the month of January 2021.

Compilation of Notifications & Circulars issued by CBDT in the month of August 2020

Posted by SAGAR MALHOTRA 22 September 2020 2420 Views

1. Non-applicability of Section 206AA to non-residents to whom Section 139A does not apply on account of Rule 114AAB: Section 206AA provides that any perso...

Compilation of Notifications & Circulars issued by CBDT in the month of July 2020

Posted by SAGAR MALHOTRA 12 August 2020 3596 Views

An analysis of the latest notifications and circulars issued by CBDT in the month of July.

Section 45(5A) of the Income Tax Act- Analysis

Posted by SAGAR MALHOTRA 08 June 2020 10570 Views

Section 45 of the Income Tax Act, 1961 ('Act') is the charging section of the income chargeable under the head 'Capital Gains'.

Clarification on short deduction of TDS due to increase in surcharge rates in Finance Act 2020

Posted by SAGAR MALHOTRA 29 April 2020 4697 Views

Every individual taxpayer is required to compute its tax liability for the AY 2020-21 after taking into consideration the new rates. Further, the deductor or collector was also required to deduct TDS or collect TCS after considering the new rates.

Eligibility and conditions for taking ITC under GST

Posted by SAGAR MALHOTRA 08 June 2018 12743 Views

IntroductionIn this article, we are going to discuss the eligibility criteria for availing the input tax credit (ITC) and the conditions which are required to b...