Co-owners of land doing joint activities: Whether Individual income or an Income of an AOP?

Co-owners of land doing joint activities: Whether Individual income or an Income of an AOP?

Penalty under section 271B for Failure to get books of account audited of Rs. 1.50 Cr

Penalty under section 271B for Failure to get books of account audited of Rs. 1.50 Cr

Section 50C vs. Section 54 Vs. Section 54F: An overview

Section 50C vs. Section 54 Vs. Section 54F: An overview

Section 50C is a deeming provision which extends only to land or building or both. Leasehold rights neither‘land or building or both’ as such section 50C cannot be applied to it.

Section 50C is a deeming provision which extends only to land or building or both. Leasehold rights neither‘land or building or both’ as such section 50C cannot be applied to it.

International transactions: Extension of corporate guarantee to financial institution for lending money to AE before introduction of Explanation to section 92B

International transactions: Extension of corporate guarantee to financial institution for lending money to AE before introduction of Explanation to section 92B

Conversion of Capital Assets in to Stock in Trade: Declaration which can be executed by the Owner of the capital Assets

Conversion of Capital Assets in to Stock in Trade: Declaration which can be executed by the Owner of the capital Assets

Validity of Ex-parte order if ssessee remained absent on more than one occasion & issue decided on merits

Validity of Ex-parte order if ssessee remained absent on more than one occasion & issue decided on merits

Validity of Recovery of tax by Attachment of bank accounts vis a vis Principles of natural justice

Validity of Recovery of tax by Attachment of bank accounts vis a vis Principles of natural justice

Allowability of deduction towards Foreign exchange fluctuation loss arising out of re-statement of External Commercial Borrowings

Allowability of deduction towards Foreign exchange fluctuation loss arising out of re-statement of External Commercial Borrowings