Articles by Vivek Jalan
View Full Profile
Income Tax bitter pill for the business of prescription of medicines
Vivek Jalan
07 November 2023 at 10:26
Not every doctor is corrupt and not every pharmaceutical firm resorts to unethical means to sell their products. However, there is no denying that a large number of doctors and medical companies adopt unfair means. Even the Supreme Court frowned at the expenses incurred on sales promotion of certain medicines
Tax Planning vide colourable device u/s 45(3) not allowed?
Vivek Jalan 01 November 2023 at 13:21
Is tax planning an offence or not? From the Apex Court's decision in the case of Union of India vs. Azadi Bachao Andolan [2003] 263 ITR 706 (SC), it is transpired that once the transaction is genuine, merely because it was entered into with a motive to plan tax, it would not become a colourable device, nor does it earn any disqualification.
Analysis of taxability of personal guarantee and corporate guarantee under GST from October 2023
Vivek Jalan 30 October 2023 at 14:22
Whether GST on Corporate guarantees provided by one person to another is applicable retrospectively or prospectively from 26th October 2023?
GST Treatment of Gold Coins & White Goods as Dealer Incentives
Vivek Jalan 27 October 2023 at 14:15
Gold Coins / white goods given free by principals to dealers for achieving targets are supply under GST
GST Cash Ledger Credit: Cash Payment or Contempt Dilemma?
Vivek Jalan 20 October 2023 at 08:58
Can GST Amount credited in Cash Ledger be considered as cash payment or not? Commissioner shall follow High Court directions or appeal against but cannot act in contempt
A Comprehensive Guide to Filing Form 10-IFA under Rule 21AHA for New Manufacturing Cooperatives
Vivek Jalan 18 October 2023 at 14:02
Filing of Form 10-IFA vide Rule 21AHA by new manufacturing cooperatives to avail benefit of concessional rate of Income Tax
New Inventory Valuation guidelines under Income Tax
Vivek Jalan 14 October 2023 at 09:07
The Finance Act 2023 has taken a major step forward by introducing the concept of inventory valuations by Cost Accountants in specific cases, as granted by Section 142(2A) of the Income Tax Act.
Streamlined Lower TDS Procedure: Online Consumption Statement
Vivek Jalan 10 October 2023 at 14:06
Procedure for Lower TDS u/r 28AA streamlined; Consumption Statement to be available online to deductors
Deemed Rent Calculation for Unsold Flats: The Crucial Role of Municipal Value
Vivek Jalan 28 September 2023 at 09:11
Unsold flats to be considered for deemed rent under Income from House Property from date of CC… but Municipal Value to be considered as Annual Letting Value
Vague SCN may be non-maintainable but can be practically handled better
Vivek Jalan 23 September 2023 at 10:38
GST Cases sometimes remind us of Charlie Chaplin Shows. However, these shows may be better handled by taxpayers at the adjudicating level itself in case they co..
Popular Articles
- Filed Under 44AD Instead of 44ADA and Claimed Full Refund: Now Facing Audit and Penalties
- Pensioners Above 60, 75 and 80: Hidden Tax Benefits To Save Thousands And Skip Filing
- Is It Mandatory To Disclose All Bank Accounts in ITR: What If Not Shown?
- Section 87A Rebate Rule Correction: No Income Tax Up to Rs 12.75 Lakh for Salaried Individuals
- ITR Filing Deadline 2025: Calls for Further Extension
- 87A Rebate Restored on Share Market Capital Gains: ITAT Ahmedabad's Historic Ruling
- Income Tax Act 2025: Highlights, Slab Rates & Provisions
- The Productivity Boost of Soft Music for Chartered Accountants
Trending Online Classes
-
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
CA Nipun Arora03 September 2025 -
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Industry Expert15 September 2025
OR add as source on Google news
CAclubindia
