Taxation on Sale of agricultural land after dividing the land in to plots

FIinally, Arun Jaitely not to be the FM !!

Investment of land & sale of land after plotting – whether Business Income or Capital Gain.

Delhi High Court granted stay from recovery of interest demanded on gross GST liability till next hearing

Know the Procedure for submission of Form 15CC for remittance U/s. 195(6)

Selling of land after plotting to secure a better price is not in the nature of trade or business.

CA & CS are not Advocates : SC

Statement of Financial Transaction (SFT) – Filing Nil statement is mandatory or optional ?

Don’t forget to file SFT by 31st May !!

An appeal wrongly filed before the AO and not CIT(A) is an unintentional lapse of the assessee and delay need to be condoned.

No disallowance u/s 43B can be made for the unpaid service-tax liability which is not claimed as a deduction

Date of allotment letter issued by builder is the date relevant for reckoning it as long term or short term

Whether investment in renovation or modification of an existing house is eligible for capital gain exemption?

No capital gain exemption denial if the sale deed is in joint name.

Section 43CA for builder & developers vs. section 50C applicable to capital assets

Whether capital gain exemption admissible if new house is not used for own residence but was given on rent?

Four attached flat purchased flats can be considered as “one” house property?

Non-filing of income tax return cannot be the reason for denial of registration u/s 12AA