Ruling with Wider Impact: Membership fees collection by Rotary Club, Lions Club, Jaycees liable for GST : AAR, Maharashtra
Important judgment: Whether Capital Gain Tax is applicable on the sale of the fixed assets by the Liquidator ?
UDIN is required to be quoted on ITR certified as “True Copy” along with comments on its authenticity and source
Landmark Judgment : Chennai ITAT allowed employee’s contribution of PF and ESI as deduction if is deposited before due date prescribed u/s 139(1)
Landmark Judgment by Pune ITAT : No capital gains arises in respect of land, if neither consideration received nor possession given.
Interesting Issue : Applicability of TDS on Purchase of agricultural land on piece-meal basis Combined value of three properties exceeding Rs. 50 lakhs but the seller and khasra number are the same
When assessee claimed that there was wrong credit entry by payer-client in Form 26AS, AO has to examine its genuineness
Long Term Capital Loss on Sale of listed equity Shares is allowed to be carried forward as per Section 74