Capital gains exemption on purchase of new property before sale of original asset & Completion of construction within three years
Interest paid to the seller of house – Whether eligible for deduction as housing loan interest u/s 24(b)?
PAS-6 Form For unlisted Companies for reconciliation of share capital audit report half yearly issued
Capital gains on Insurance claim for loss of asset where actual expenditure on reconstruction being more than insurance claim
“We would expect the Department of Revenue, particularly, Department of Income Tax to penalise such defaulters and take other strict measures contemplated by law against them” – Bombay HC
Landmark Judgement : Section 145A vs. Valuation of inventory after exclusion of taxes and duties – Favourable judgment by Ahmedabad ITAT
Validity of addition done by Income Tax Odficer only because shareholder could not be produced and he was a man of no means.