“Stamp valuation on the date of registration cannot be applied as the provision of S.50C was not in the statute when the agreement to sell for property was entered: Allahabad ITAT .
Allowability of interest expenditure where builder included interest portion as its work in progress in books and claimed them as a deduction in income computation for tax payments.
Extension of Time Limit for processing of Income Tax Return u/s 143(1) for AY 2017-18 in refund & Non scrutiny cases.
TDS liability as a Third Party Administrator (TPA) in respect of various payments on behalf of the Principal
Reassessment : Legislature by using the word ‘reason to believe’ had cast a duty on AO to apply mind to the material on record with regard to escaped liability.
Assessing Officer is not bound by registration certificate issued by Registrar of Co-operative Society. AO has toconduct an inquiry into factual situation as to activities of assessee society to determine eligibility of deduction u/s 80P.
GST: SITE WHERE EMPLOYEES ARE DEPUTED FOR MACHINE MAINTENANCE QUALIFIED AS FIXED ESTABLISHMENT & HENCE REGISTRATION IS REQUIRED
Whether provisions of Section 269SS are applicable where both lender of cash and borrower are having agricultural income & neither of them has any taxable income as per I-T Act?
