Mere non- production of evidence of registration U/s. 12A/12AA cannot be the reason for denial of exemption u/s 11
Interest paid on Interest debited to loan account is not eligible for deduction as “Housing Loan Interest u/s 24(b) – CA Naresh Jakhotia
GST : Validity of seizure on a hyper technical basis and where the breach is purely technical and there is no allegation of intention to evade tax
Landmark Judgement : Credit on input materials/services used for construction of shopping malls is available against CGST/OGST payable on rent – Orissa HC
Capital gain exemption not restricted to construction expenditure which is incurred after the sale of original asset. Even amount paid towards structure purchased is eligible for exemption.