Capital GainIncome TaxNo kitchen-Whether property can be considered as house property?3 years agoNo kitchen-Whether property can be considered as house property? In this case, Assessee argued that the impunged property is…
Capital GainIncome TaxOther Source Of IncomeSection 80P does not make a distinction between the long term investments and short term investments: Interest income or dividend income should be earned by a co-operative society from another cooperative society is eligible for deduction U/s 80P3 years agoSection 80P does not make a distinction between the long term investments and short term investments: Interest income or dividend…
Capital GainCapital Gain Exemption: Section 54F The fact that income is assessable under the Head “House Property” is not determinative of the nature of properties as residential or not.3 years agoCapital Gain Exemption: Section 54F The fact that income is assessable under the Head “House Property” is not determinative of…
Business/ProfessionCapital GainSystematic Investment Plan (SIP) of Mutual fund vs. Taxation on withdrawals3 years ago Systematic Investment Plan (SIP) of Mutual fund vs. Taxation on withdrawals Systematic Investment Plan (SIP) is considered as one…
Business/ProfessionGSTIncome TaxNot all Minor income is subject to the Clubbing Provision3 years ago Not all Minor income is subject to the Clubbing Provision Youtube, Instagram, Facebook, Snapchat, LinkedIn etc have become an…
AssessmentIncome TaxDeduction u/s 80P cannot be denied for the reason that the assessee did not file return of income its return of income within due date u/s 139(1)3 years agoDeduction u/s 80P cannot be denied for the reason that the assessee did not file return of income its return…
AssessmentIncome TaxUnsigned, Undated, non-elaborative sheet cannot be the basis of the addition: Mumbai ITAT in the case of Saif Ali Khan3 years agoUnsigned, Undated, non-elaborative sheet cannot be the basis of the addition: Mumbai ITAT in the case of Saif Ali Khan…
Business/ProfessionIncome TaxGift by the Builders & Developers of the PU Land to the Trust & Applicability of Section 43CA3 years agoGift by the Builders & Developers of the PU Land to the Trust & Applicability of Section 43CA Section…
Capital GainCircularRepresentation for taking corrective measure to offer capital gain exemption for FY 2021-223 years agoRepresentation for taking corrective measure to offer capital gain exemption for FY 2021-22 To Smt. Nirmala Sitharaman Ji The…
Income TaxOther Source Of IncomeITAT Delhi upheld the power of CPC in making the disallowance U/s 36(1)(va) in respect of payment of PF/ESIC after the due date under the respective Law3 years agoITAT Delhi upheld the power of CPC in making the disallowance U/s 36(1)(va) in respect of payment of PF/ESIC after…
Capital GainHello CBDT, Why did you extend the capital gain exemption date when the relief cannot be enjoyed?3 years agoHello CBDT, Why did you extend the capital gain exemption date when the relief cannot be enjoyed? The Covid-19…
Business/Professionother topicTAXATION OF YOUTUBER, CONTENTS WRITER & SOCIAL MEDIA INFLUENCERS3 years agoTAXATION OF YOUTUBER, CONTENTS WRITER & SOCIAL MEDIA INFLUENCERS Youtube, Instagram, Facebook, Snapchat, LinkedIn etc have become an…
Articleother topicBrief article on “SEBI allows Stock Exchanges to launch futures contracts in corporate bond indices”3 years agoBrief article on “SEBI allows Stock Exchanges to launch futures contracts in corporate bond indices” SEBI allows Stock Exchanges…
Other Source Of Incomeother topicPenalty imposed on the Auditor for non classification & disclosure of the loans in the Audited Financial Statements3 years agoPenalty imposed on the Auditor for non classification & disclosure of the loans in the Audited Financial Statements ROC…
Capital GainLoss on account of purchase of distribution rights of the film ‘Arakshan’ is a capital loss: ITAT3 years agoLoss on account of purchase of distribution rights of the film ‘Arakshan’ is a capital loss: ITAT M/s Nadiadwala…
Other Source Of IncomeLimit of Rs. 5,000 applicable on interest income to report in Statement of Financial Transactions (SFT) by the reporting entities abolished3 years agoLimit of Rs. 5,000 applicable on interest income to report in Statement of Financial Transactions (SFT) by the reporting entities…
AssessmentIncome TaxProvisions of section 80AC do note apply to section 80P if the return of income is not filed3 years agoProvisions of section 80AC do note apply to section 80P if the return of income is not filed Here…
Capital GainFruit you cannot Eat: Extension of the date of claiming capital gain exemption by CBDT3 years agoFruit you cannot Eat: Extension of the date of claiming capital gain exemption by CBDT There are often the…