Inseparable leasing of the property with Plant, Machinery, furniture – Whether income from house Property or business income or other source income?
Capital Gain exemption cannot be denied for not deposit of amount in Capital Gain Deposit Account Scheme
No TDS on interest payment to APMC, Local authorities & other organization whose income is exempt from Income Tax: CBDT
Interesting Case: CIT (TDS) directed to recompute the interest payable u/s 201(1A) by taking a period of 30 days as a month, instead of British calendar month.
GST: Bail Application of an arrested consultant who has filed application contending that she was only registering the firms on behalf of the clients after collecting required documents from them
Addition u/s 69C relying on the statements and findings of the Sales Tax Department, Maarashtra : Restricted addition to the peak purchases
Disallowance under section 14A & Invocation of rule 8D vs. Assessee pleading non-recording of satisfaction by AO
Assessee is eligible for capital gain exemption u/s.54F of the Act if the investment is done when the converted stock in trade is sold: Ranchi ITAT
Waiver of working capital loan by bank & it’s taxation u/s 41 as Remission or cessation of trading liability
ITAT slams AO for not allowing benefit of Sec. 43(5)(e);loss due to suspension of NSEL operation was business Loss
