Tag Archives: Rahul Jain

Tightening the screws on tax exemption – Rahul Jain

Maintaining that a tax exemption notification should be interpreted strictly, the Supreme Court recently ruled that it was for the assessee to show that his case fell within the parameters of the exemption clause or exemption notification and he can’t claim the benefit of ambiguity in such notification.  The benefit of doubt will go to the tax authorities.

Rahul Jain, Partner with inputs from Mansi Chopra, Manager contributed an article on Tightening the screws on tax exemption for Hindu Business Line

Nangia & Co LLP in News- Tightening the screws on tax exemption

IT defers inclusion of GST, GAAR in audits – Rahul Jain

IT defers inclusion of GST, GAAR in audits The Central Board of Direct Taxes (CBDT) has put off till March 31, 2019, the proposed GST and GAAR reporting under the amended tax audit form. This dispensation would be available for tax audit reports to be furnished on or after August 20 but before April 1, 2019.

 

Our experts contributed their views on aforementioned story for following publications:

 

  • I-T defers inclusion of GST, GAAR in audits – Rahul Jain, Senior Partner for Livemint.