Landmark Judgment by Supreme Court on Compulsory Acquisition of Land: Date of Award is Date of Accrual of Capital Gain u/s 45
Landmark Judgment by Supreme Court on Compulsory Acquisition of Land: Date of Award is Date of Accrual of Capital Gain…
IT Judgement
Landmark Judgment by Supreme Court on Compulsory Acquisition of Land: Date of Award is Date of Accrual of Capital Gain u/s 45
Landmark Judgment by Supreme Court on Compulsory Acquisition of Land: Date of Award is Date of Accrual of Capital Gain…
Non-service of notice is factual and serious defects in framing of assessment and renders the assessment proceedings null and void.
Non-service of notice is factual and serious defects in framing of assessment and renders the assessment proceedings null and void.…
Non-service of notice is factual and serious defects in framing of assessment and renders the assessment proceedings null and void.
Non-service of notice is factual and serious defects in framing of assessment and renders the assessment proceedings null and void.…
No disallowance under section 40A(2)(b), once the net profit is estimated at a certain percentage of turnover
No disallowance under section 40A(2)(b), once the net profit is estimated at a certain percentage of turnover Short Overview Once…
Capital gains when the Permissive possession was not handed over to builder during the concerned year in terms of JDA
Capital gains when the Permissive possession was not handed over to builder during the concerned year in terms of JDA…
Capital gains when the Permissive possession was not handed over to builder during the concerned year in terms of JDA
Capital gains when the Permissive possession was not handed over to builder during the concerned year in terms of JDA…
Validity of Disallowance of depreciation on car purchased by assessee if Payment towards purchase is done from personal account
IN THE ITAT, DELHI BENCH PRASHANT MAHARISHI, A.M. & K.N. CHARY, J.M. Desh Raj Arora v. ITO ITA No. 3004/Del/2018…
Search and seizure assessment u/s 153C : Six assessment years for assessments or re-assessments had to be construed from the date of handing-over of assets or documents to AO
Search and seizure assessment u/s 153C : Six assessment years for assessments or re-assessments had to be construed from the…
An Issue : Input tax credit on Goods or services or both used by registered person partly for effecting taxable supplies and party for effecting exempt supplies
An Issue : Input tax credit on Goods or services or both used by registered person partly for effecting taxable…
Claim made before CIT(A) without filing revised return need to be admitted as Equity demands that correct income of the assessee be ascertained.
Claim made before CIT(A) without filing revised return need to be admitted as Equity demands that correct income of the…
Commencement of actual production whether necessary for claiming depreciation?
Commencement of actual production whether necessary for claiming depreciation? Short Overview Where it was not in dispute that new weaving…
Interest on Enhanced Compensation u/s 28 of Land Acquisition Act, 1894 is Exempt u/s 10(37)?
Interest on Enhanced Compensation u/s 28 of Land Acquisition Act, 1894 is Exempt u/s 10(37)? One of the…
Slump Sale: Nature of LTCG in such case is business only and accordingly, brought forward business loss can be set off against LTCG arising out of slump sale.
Slump Sale: Nature of LTCG in such case is business only and accordingly, brought forward business loss can be set…
Deduction towards payments made to retiring partners in the nature of compensation
Deduction towards payments made to retiring partners in the nature of compensation Pr. Commissioner of Income Tax-2 v. Swastik Industries…
Not allowing an opportunity to cross-examine witnesses is a serious flaw which can make impugned order nullity as it amounts to violation of principles of natural justice
Not allowing an opportunity to cross-examine witnesses is a serious flaw which can make impugned order nullity as it amounts…
No cost of acquisition means No capital gain Tax
No cost of acquisition means No capital gain Tax In case of Capital Gain computation, Hon’ble supreme court in a…
PSU employee can not be treated as “Government Employee” for the purpose of taxation of Leave Encashment Under Section 10(10AA)(i)
PSU employee can not be treated as “Government Employee” for the purpose of taxation of Leave Encashment Under Section 10(10AA)(i)…
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