Validity of Disallowance of depreciation on car purchased by assessee if Payment towards purchase is done from personal account
Taxability of Profit on sale of agricultural land if taxpayer have taken permission for conversion of land but not carried on any developmental activity
Search and seizure assessment u/s 153C : Six assessment years for assessments or re-assessments had to be construed from the date of handing-over of assets or documents to AO
An Issue : Input tax credit on Goods or services or both used by registered person partly for effecting taxable supplies and party for effecting exempt supplies
TDS / Withholding of tax under section 195, Payment of royalty to various countries & Proof of residency certificate
Claim made before CIT(A) without filing revised return need to be admitted as Equity demands that correct income of the assessee be ascertained.
GST Interest on Net GST Liability only, Effective from 01.09.2020: Controversy & litigation to continue
Charging section & computation provisions together constitute an integrated code: SC in B.C. Srinivasa setty case
How to verify whether the customer is filing income tax returnor not – New facility for its verification of TDS Rate on cash withdrawal U/s 194N
TDS on payment to NRI ass Fees for Technical Services or Business Income or Independent Personal services (IPS).
Capital gain exemption from the date of realization of sale proceeds and not from the date of conversion of capital assets in to stock in trade:
Slump Sale: Nature of LTCG in such case is business only and accordingly, brought forward business loss can be set off against LTCG arising out of slump sale.
