Validity of Refusal to registration u/s 12A on ground that objects of Trust were for betterment of Jain Community and for benefit of the people of Jain Community
Taxation of Rental Income on Notional Basis : Since the property was legally not occupiable and not occupied, Charging of tax on notional rental basis do not arise at all.
Cricket as a Charitable Object: Landmark Judgment in Punjab Cricket Association : Held that the commercial exploitation of the popularity of the game andthe property/infrastructure held by the assessee is not incidental to the main object but is one of the primary motives of the assessee.
Whether EPF payment beyond due date specified under the PF Act is an allowable expenditure u/s 36(va)?
Interesting issue in Capital gains : Possession of property provided to transferee in the year 1991 & Sale deed executed in the year 2009
If one issue in the case of applicant is already decided by One AAR than Other AAR cannot decide on the same application
CIT(A) is not justified in enhancing the assessment by disallowing 100% of the bogus purchases, Only addition could be of profit element therein
Tax Precaution: Transaction by which an undertaking is transferred against allotment of shares is an”exchange” and not a “sale
If the company is controlled by an infamous accommodation entry provider, it is incumbent on the part of the authorities to carry out in-depth verification
