Long Term Lease: Tenant is a deemed owner and rental income is taxable as “Income from House Property”
Long Term Lease: Tenant is a deemed owner and rental income is taxable as “Income from House Property”
It is a normal custom for woman to receive jeweler in the form of “streedhan” or on other occasions such as birth of a child etc. Collecting jewellery of 906.900 grams by a woman in a married life of 25-30 years is not abnormal: Delhi ITAT
It is a normal custom for woman to receive jeweler in the form of “streedhan” or on other occasions such as birth of a child etc. Collecting jewellery of 906.900 grams by a woman in a married life of 25-30 years is not abnormal: Delhi ITAT
Once assessee had entered into agreement of sale coupled with power of attorney and handed over the possession of the property to the vendee, the transfer was complete as provided under section 2(47)
Once assessee had entered into agreement of sale coupled with power of attorney and handed over the possession of the property to the vendee, the transfer was complete as provided under section 2(47)
Onus shift to the department after Assessee had discharged his onus by furnishing the necessary details such as a copy of PAN, bank details, etc. in support of identity of the parties
Onus shift to the department after Assessee had discharged his onus by furnishing the necessary details such as a copy of PAN, bank details, etc. in support of identity of the parties
GST: Admissibility of ITC on Invoices of goods or services procured or availed by a registered person before its effective date of registration
GST: Admissibility of ITC on Invoices of goods or services procured or availed by a registered person before its effective date of registration
Once the assessee was able to explain the source of deposits in the bank based on the cash book, which were admittedly not disputed and rejected by the AO, no addition on the basis of the bank deposit can be made
