Interesting Judgement: Charitable trust can carry forward excess of expenditure over income in the next year for set off
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