All Trusts & Societies in Maharashtra required to contribute to the new ‘Epidemic Disease Relief Fund & Disaster Relief Fund
When Partnership Firm was transformed into Private Limited Company, there was no distribution of assets and as such, there was no transfer and therefore no capital gain liability arise : CA Naresh Jakhotia
“Transfer” presumes both the existence of asset and of the transferee, after the transfer. Non existence of any one will meant that there is no “Transfer”: Supreme Court
Since the position of tax liability was not clear to the assessee, advance tax was not paid: Whether interest u/s 234A, 234B & 234C can be waived?
Whether interest can be waived if there is a delay in filing of income tax return due to “unavoidable circumstances”? : An Interesting case by Madras HC
Whether LTCG exemption can be withdrawn if the building is demolished within 3 years of its purchase?
Covid Relief : Government to issue all pending income-tax Refunds & GST/Customs Refunds with immediate effect.
In-ordinate delay in filing of Miscellaneous Application cannot be condoned as there is there is no specific provision for such condonation: ITAT Nagpur
