Willingness to fill up posts of Inspectors, Executive Assistant, Steno-Gr I, Head Hawildar, Hawildar and MTS at NACIN, Chennai
Capital Gain on Conversion of partnership firm into company if the land is revalued before the conversion and the appreciation credited to the current account of partners
Interesting Judgment: Cost of construction of the building on the LEASEHOLD Land is a Revenue expenditure or Capital expenditure?
CBDT Responding Proactively : Grants relaxation in eligibility conditions for filing of Income-tax Return Form-1 (Sahaj) and Form-4 (Sugam) for Assessment Year 2020-21
AO to delete the penalty levied u/s 271B of the Act for not furnishing the tax audit report as required u/s 44AB of the Act, due to technical reasons.
Beneficial Judgment : Capital gains exemption admissible even if Execution of sale deed and possession got delayed beyond stipulated period
Invoking the provisions of section 263 of the Act and passing the order without making necessary enquiries and investigations
VSAT (Very Small Aperture Terminal) management fee charged towards supply of goods cannot be subjected to service tax
Advances received by assessee & adjusted against the sales made to the concerned parties could not be treated as unexplained cash credit under section 68
Set-off and carry forward accumulated loss and unabsorbed depreciation relating to amalgamating company & Condition of minimum level of production
Landmark judgment on admissibility if Capital gains upon Construction of residential house over leasehold Land
Non-compete fees by a non-resident company having no permanent establishment in India was not liable to tax