Actual sale consideration, not stamp duty valuation, is important for claiming capital gain exemption u/s 54F

Protective addition in hands of shareholder is not apt, if substantive addition was already made in another hands

Being a legal Heir, Many Time People Faced a Challenge of Filling of Return Of Income !!

I Have Received Notice u/s 139(9) Declaring My Return As Defective. What To Do Now?

Caution – Income on sale of Rural Agricultural Land can also be Taxed !!

Non Maintenance of the stock register cannot form the basis of rejection of the assessee’s books of accounts

Addition u/s 68 on the ground that Gift are not Genuine is a question of Fact – Court not to intervene !!

CBDT BANS ADJOURNMENT BY DR’s IN ITAT WITHOUT SUBSTANTIAL CAUSE

Whether education expenses paid for education of its Director is an allowable expenses ?

Date of signing the joint Development agreement is not fully relevant for determining the Capital Gain Tax liability !!

3 Years period permissible for under construction Flat for exemption u/s 54 & 54F

Acquisition of new flat in an apartment under construction should be considered as a case of “Construction” and not “Purchase”

Bogus LTCG from Penny stocks

E-Way Bill:

IT Judgement CIT vs. Dr. Arvind S. Phake (Bombay High Court)

It Judgement CIT vs. Rajasthan And Gujarati Charitable Foundation Poona (Supreme Court)

Income Tax department to locate the Taxpayer Address from Multiple Database

Capital gain exemption u/s 54B for investment in another agricultural Land