Capital gains exemption under section 54 towards Right acquired by way of provisional booking of property, whether to be considered as purchase acquisition of new capital asset?

Taxation if Amount kept as retention money or security deposit out of Bill of contract amount

Taxation if Amount kept as retention money or security deposit out of Bill of contract amount

Validity of Addition under section 68 on account of unsecured loan if loan was accepted via banking channels

Validity of Addition under section 68 on account of unsecured loan if loan was accepted via banking channels

CBDT provides ITR Filing Compliance Check Functionality for Scheduled Commercial Banks

CBDT provides ITR Filing Compliance Check Functionality for Scheduled Commercial Banks

GST Registration for Non Residents Taxable Person / Foreigners

GST Registration for Non Residents Taxable Person / Foreigners

The Most Common Notice in the Income Tax Act – 1961

The Most Common Notice in the Income Tax Act – 1961

“AGM Extension 2020 _Provisions and Drafts (Board Resolution and Request letter)”

“AGM Extension 2020 _Provisions and Drafts (Board Resolution and Request letter)”

Court may modify the language used by the Legislature or even “do some violence” to it, so as to achieve the obvious intention of the Legislature and produce a rational construction: Supreme Court

Court may modify the language used by the Legislature or even “do some violence” to it, so as to achieve the obvious intention of the Legislature and produce a rational construction: Supreme Court

When legislature itself has accepted an HUF to be a donee in clause (ii) of the “relatives” definition, gift from HUF is declined: ITAT Ahmedabad

When legislature itself has accepted an HUF to be a donee in clause (ii) of the “relatives” definition, gift from HUF is declined: ITAT Ahmedabad

Stamp Duty Valuation u/s 50C cannot be ignored while computing Capital Gain exemption u/s 54F