Allowability of Remuneration to partner who is Karta of HUF, acting in representative capacity in firm
Allowability of Remuneration to partner who is Karta of HUF, acting in representative capacity in firm Short Overview Salary paid…
IT Judgement
Capital gains exemption u/s 54F: Property acquired by means of perpetual lease for unlimited period would amount to purchase
Capital gains exemption u/s 54F: Property acquired by means of perpetual lease for unlimited period would amount to purchase Short…
Revision under section 264 & Denial of assessee’s application on the ground of assessee not having filed revised return within prescribed time
Revision under section 264 & Denial of assessee’s application on the ground of assessee not having filed revised return within…
Capital gains Exemption under section 54 towards Re-investment in residential property outside India
Capital gains Exemption under section 54 towards Re-investment in residential property outside India Short overview Section 54 was amended to…
What is a reasonable quantity of Jewellery which cannot be seized during an income tax raid?
What is a reasonable quantity of Jewellery which cannot be seized during an income tax raid? Seizure of jewellery is one…
Mother and two minor sons having common interest in the inherited business carried on for the benefit of all by one of them would constitute ‘BOI’s
Mother and two minor sons having common interest in the inherited business carried on for the benefit of all by…
Interesting Issue: Assessee initially purchased land for construction of house to avail capital gain exemption but later changed his mind and instead, purchased a residential house
Interesting Issue: Assessee initially purchased land for construction of house to avail capital gain exemption but later changed his mind…
Interesting case: Software engineers could not be excluded from the definition of workman and remuneration received by them could be duly treated as ‘wages’
Interesting case: Software engineers could not be excluded from the definition of workman and remuneration received by them could be…
Validity of Additions to income: AO made addition by adjusting security deposit against unrealised rent
Validity of Additions to income: AO made addition by adjusting security deposit against unrealised rent Short Overview : AO was not…
Once assessee had entered into agreement of sale coupled with power of attorney and handed over the possession of the property to the vendee, the transfer was complete as provided under section 2(47)
Once assessee had entered into agreement of sale coupled with power of attorney and handed over the possession of the…
Once assessee had entered into agreement of sale coupled with power of attorney and handed over the possession of the property to the vendee, the transfer was complete as provided under section 2(47)
Once assessee had entered into agreement of sale coupled with power of attorney and handed over the possession of the…
Onus shift to the department after Assessee had discharged his onus by furnishing the necessary details such as a copy of PAN, bank details, etc. in support of identity of the parties
Onus shift to the department after Assessee had discharged his onus by furnishing the necessary details such as a copy…
Onus shift to the department after Assessee had discharged his onus by furnishing the necessary details such as a copy of PAN, bank details, etc. in support of identity of the parties
Onus shift to the department after Assessee had discharged his onus by furnishing the necessary details such as a copy…
GST: Admissibility of ITC on Invoices of goods or services procured or availed by a registered person before its effective date of registration
GST: Admissibility of ITC on Invoices of goods or services procured or availed by a registered person before its effective…
GST: Admissibility of ITC on Invoices of goods or services procured or availed by a registered person before its effective date of registration
GST: Admissibility of ITC on Invoices of goods or services procured or availed by a registered person before its effective…
Once the assessee was able to explain the source of deposits in the bank based on the cash book, which were admittedly not disputed and rejected by the AO, no addition on the basis of the bank deposit can be made
Once the assessee was able to explain the source of deposits in the bank based on the cash book, which…
Once the assessee was able to explain the source of deposits in the bank based on the cash book, which were admittedly not disputed and rejected by the AO, no addition on the basis of the bank deposit can be made
Once the assessee was able to explain the source of deposits in the bank based on the cash book, which…
Writ Jurisdiction of Reassessment Notice under section 148–
Writ Jurisdiction of Reassessment Notice under section 148– Short Overview Since conduct of assessee in not filing the return, he…
