ITC On Construction Costs Can Be Claimed If Building Construction Was Necessary For Renting Out Service : Supreme Court
TOLA Will Continue To Apply To Income Tax Act After April 1, 2021 If Any Action Or Proceeding Falls For Completion Between March 20, 2020 & March 31, 2021: SC
Cancellation of or suitable amendment in Sections 57 and 213 of the Indian Succession Act, 1925, which makes mandatory to obtain Probate only to Hindus, Buddhists, Sikhs and Jains residing in Mumbai, Kolkata and Chennai.
Sec 43A is applicable only to foreign exchange fluctuations on loan taken to import capital assets: Bombay HC
1. Assessment against deceased person: Participation in the reassessment proceedings cannot be regarded as waiver or submitting to the jurisdiction of the AO without objection.