Ball pens & medical gifts given to doctors by Pharma Co with its logo aren’t freebies: ITAT
Ball pens & medical gifts given to doctors by Pharma Co with its logo aren’t freebies: ITAT Aishika Pharma (P.)…
IT Judgement
Disallowance of an expense per se cannot mean that the assessee has furnished incorrect particulars of its income
Disallowance of an expense per se cannot mean that the assessee has furnished incorrect particulars of its income Karnataka High…
Double taxation relief–Agreement between India and USA–Royalty–Payment towards sale of software for limited use
Double taxation relief–Agreement between India and USA Royalty Payment towards sale of software for limited use Assessee-company based at US…
Rate of tax in GST on Sprayers
Rate of tax in GST on Sprayers 2019 TaxPub(GST) 0126 (AAR-Daman) IN THE AUTHORITY FOR ADVANCE RULING, DAMAN, DIU…
Capital gains—Deduction under section 54—Re-investment of capital gain arising on sale of three adjoining flats
Capital gains—Deduction under section 54—Re-investment of capital gain arising on sale of three adjoining flats Assessee sold three flats by…
Assessment under section 153C is invalid if there is non-recording of satisfaction by AO of searched person
Assessment under section 153C is invalid if there is non-recording of satisfaction by AO of searched person Short overview : Assessment…
Addition need to be deleted or assessment need to be quashed if it is based on statement of a witness and assessee is not offered opportunity of cross-examination.
Addition need to be deleted or assessment need to be quashed if it is based on statement of a witness…
LTCG addition deleted by Delhi ITAT
LTCG addition deleted by Delhi ITAT IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI ‘B’ BENCH, NEW DELHI BEFORE…
Re-investment of capital gain arising on sale of three adjoining flats & Capital Gain Exemption
Re-investment of capital gain arising on sale of three adjoining flats & Capital Gain Exemption Short Overview: Adjoining flats actually…
Applicable rate of tax for Brook Stick made of plastics & Classification of goods-
Applicable rate of tax for Brook Stick made of plastics & Classification of goods- 2019 TaxPub(GST) 0126 (AAR-Daman) IN THE…
Allegation that the Co is a penny stock co whose share price has been artificially rigged by promoters/brokers/operators to create non-genuine LTCG is not sufficient.
Allegation that the Co is a penny stock co whose share price has been artificially rigged by promoters/brokers/operators to create…
LTCG accepted by ITAT, Delhi as neither the Assessing Officer conducted any enquiry nor has brought any clinching evidence to disprove the evidences produced by the assessee.
LTCG accepted by ITAT, Delhi as neither the Assessing Officer conducted any enquiry nor has brought any clinching evidence to…
HC quashes reassessment initiated after 6 years to disallow deduction of programme rights claimed by ‘Asianet
HC quashes reassessment initiated after 6 years to disallow deduction of programme rights claimed by ‘Asianet [2019] 106 taxmann.com 293 (Madras) IT…
AO couldn’t issue reassessment notice on second ground if notice issued on first ground was set-aside by HC : SC
AO couldn’t issue reassessment notice on second ground if notice issued on first ground was set-aside by HC : SC…
Aerens Developers and Engineers Ltd vs. ACIT (ITAT Delhi)
Aerens Developers and Engineers Ltd vs. ACIT (ITAT Delhi) Compensation for breach of promise to provide land to the assessee is…
Landmark Judgement : Investment in Farm House is eligible for deduction under section 54 of Income Tax Act
Landmark Judgement : Investment in Farm House is eligible for deduction under section 54 of Income Tax Act Deduction –…
Exchange of jewellery – How you record the transactions is important from taxation perspective – 40A(3) Case.
Exchange of jewellery – How you record the transactions is important from taxation perspective – 40A(3) Case. Income Tax Appellate…
Maintenance charges paid directly to the service provider can not be treated as “Rent” in the hands of owner
Maintenance charges paid directly to the service provider can not be treated as “Rent” in the hands of owner Vinod…
