Revenue could not avoid processing of return under section 143(1) & granting of refund to assessee on ground that notice under section 143(2) had been issued to Assessee
Where assessee had submitted complete books of accounts with bills and vouchers at time of completion of assessment under section 143(3), reopening of assessment denying benefit of section 11 on basis of change of opinion was not justified
Relief u/s 54 i.e Exemption out of ‘LTCG’ earned on sale of Residential House Property can be claimed by the Assessee father where new Residential House property was purchased in the name of Son within the time allowed u/s 54 : Case Well Argued by CA. M.R. Sahu
Addition under section 68 if Revised return of income filed to reduce agricultural income & failure to prove large agricultural income
Yes Sir, the transactions of transfer of development rights/Additional FSI are taxable under GST Laws @ 18%
Validity of Initiation of proceedings u/s 153C in respect of assessment years not covered within period of six years from the DATE of recording of SATISFACTION NOTE by AO
GST: Allowability of Input tax credit on Supply of medicines used to provide medical facilities to employees and pensioners in hospital
Interesting case: Disallowance under section 14A for Expenditure against exempt income if No dividend income is not claimed as exempt by assessee
Capital gains on Sale of agricultural land situated beyond 8 kms from local limit of any municipal or cantonment area & applicability of section 50C
