In this month’s edition we decode the following:
Direct Tax Laws
• ‘Innocent’ until proven ‘Guilty’
• Redemption of credit card reward point is a taxable income: US Court
Goods & Services Tax
• No GST Liability on Land Owner under JDA
• 43rd GST Council Meeting: Sectoral Analysis
• Relaxations on Account of COVID-19 & Other Measures
Corporate Laws
• Can Charitable Institutions receive donations from NRE/NRO/NRI Account held by NRIs? Applicability of FCRA
• Formulation of Dividend Distribution Policy
Accounts & Audit
• Wirecard collapse, Ernst & Young audit failure and Investigative Journalism of Dan McCrum
