Income TaxExplanatory Guide to Section 269SS and 269T8 Dec 20180Explanatory Guide to Section 269SS and 269T Sections 269SS and 269T have been discussed in this article and this deals…
IT JudgementWhether the income earned by the assessee-company on letting out the sheds should be assessed as income from property or from business?8 Dec 20180Xyz ltd, has constructed 50 sheds in an industrial estate and leased these out to selected and qualified entrepreneurs, who…
Income TaxSpecial Provisions for full value of consideration in Case of Immovable Property : Sec. 50C8 Dec 20180Special Provisions for full value of consideration in Case ofImmovable Property : Sec. 50C 1. Where the sale consideration received…
IT JudgementThe assessee is incorporated as a Company limited by guarantee and is a non-profit service organization claimed the benefit of Section 11 of the Act .8 Dec 20180Director Of Income Tax vs Bharat Diamond Bourse The respondent-assessee is incorporated as a Company limited by guarantee under the Companies…
Income TaxInterest income of hotel not in operation – Income from Business or other source?8 Dec 20180Interest income of hotel not in operation – Income from Business or other source? ELEL HOTELS AND INVESTMENTS LTD. &…
IT JudgementImportance of satisfaction Note in search cases8 Dec 20180Importance of satisfaction Note in search cases AVALANCHE REALITY PVT. LTD. vs. ASSISTANT COMMISSIONER OF INCOME TAX INDORE TRIBUNAL Search…
Income TaxCapital Gain Applicability: ‘Right’ must be such a right which was enforceable in law8 Dec 20180Capital Gain Applicability: ‘Right’ must be such a right which was enforceable in lawTELENOR (INDIA) COMMUNICATONS PVT. LTD. vs. ASSISTANT…
GSTGST AUDIT DUE DATE EXTENDED – TILL 31.03.20198 Dec 20180On 7th December, 2018 CBIC via press release extended due date of GSTR 9 (Annual Return for Regular Taxpayer), GSTR…