No Bogus LTCG as assessee is a habitual investor having portfolio of investment in shares in crores and is still holding investment in shares in several crores
Interesting Income Tax : Loss suffered during first year of business started with husband’s fund is to be clubbed entirely
Exchange Rates Notification No.05/2020-Custom(NT) dated 16.01.2020. [Effective from 17th January, 2020
Transfer of a capital asset by partner to firm, by way of capital contribution: Whether section 50C overrides section 45(3)?
GST: Validity of Detention of goods along with vehicle for the reason of Undervaluation of goods due to heavy discount
GST : Admissibility of Input tax credit on GST paid on goods and services used for construction of Tie-in pipelines
When parties enter into a family arrangement, the validity of the family arrangement is not to be judged with reference to whether the parties who raised disputes or rights or claimed rights in certain properties
Capital gains exemption admissible even if assessee didn’t get legal title to land due to pending litigation
While a family arrangement/settlement does not amount to a “transfer” u/s2(47) as it only recognizes “pre-existing rights” between the parties, the same applies only to members of the families and not to transfers made by corporate entities.
