Capital Gain Exemption if the investment is done in the name of Son
Capital Gain Exemption if the investment is done in the name of Son Whether capital gain exemption is available if…
Income Tax
Issues & Complications in the Clause 44 of Form No. 3CD
Issues & Complications in the Clause 44 of Form No. 3CD Under Section 44AB of the Income-tax Act, Assessee has…
Non speaking order of the Authorities – High Court quashed the proceeding
Non speaking order of the Authorities – High Court quashed the proceeding Hon’ble Calcutta High Court in M/s. Chandra Udyog…
Non speaking order of the Authorities – High Court quashed the proceeding
Non speaking order of the Authorities – High Court quashed the proceeding Hon’ble Calcutta High Court in M/s. Chandra Udyog…
No Clubbing Provisions applicable if the Accumulated Trust created for the benefit of the Minor provides for distribution on attaining majority
No Clubbing Provisions applicable if the Accumulated Trust created for the benefit of the Minor provides for distribution on attaining majority…
Disallowance of Interest during the course of assessment proceeding being excessive and its validity
Disallowance of Interest during the course of assessment proceeding being excessive and its validity Disallowance of interest during the…
Trust not registered U/s 12AA- AO directed to allow the expenditure incurred during the relevant period
Trust not registered U/s 12AA- AO directed to allow the expenditure incurred during the relevant period The question of…
Estate & Succession Planning through Wills, Private Trusts & Nomination (II)
Estate & Succession Planning through Wills, Private Trusts & Nomination (II) “Let life be beautiful like summer flowers and death…
Net Direct Tax collections for the Financial Year 2022-23 have grown at over 45%
Net Direct Tax collections for the Financial Year 2022-23 have grown at over 45% …
GUIDELINES FOR UNBLOCKING OF ITC
GUIDELINES FOR UNBLOCKING OF ITC Welcome steps by Delhi GST to for guidelines for unblocking of the ITC, blocked…
Offense committed by the firm is also an offense committed by the partners
Offense committed by the firm is also an offense committed by the partners An important judgement has been rendered in…
Provision of Lease Equalization Charges created in accordance with AS-19 is allowable deduction,
Provision of Lease Equalization Charges created in accordance with AS-19 is allowable deduction. Recently the Delhi ITAT has allowed …
In case of multiple consignments, for each shipment a separate CHIMS registration no. is required.
In case of multiple consignments, for each shipment a separate CHIMS registration no. is required. As per vide Notification No.…
The High Court cannot dismiss an appeal u/s. 260A merely having an opinion that the proposed questions of law are not substantial questions of law and they are only on factual aspects: SC
The High Court cannot dismiss an appeal u/s. 260A merely having an opinion that the proposed questions of law are not substantial questions of law and they are only on factual aspects: SC In the…
Tolerance range of Arm’s length price under income tax rules 1962.
Tolerance range of Arm’s length price under income tax rules 1962. CBDT has issued Notification No. 70/2022 dated…
What cannot be done u/s. 154 on the ground of debatability cannot be done u/s. 143(1) of the Act: ITAT Mumbai
What cannot be done u/s. 154 on the ground of debatability cannot be done u/s. 143(1) of the Act: ITAT…
Assessee did not furnish a valid return within the time prescribed in the notice u/s 148. There was no necessity to issue any notice under s.143(2)- ITAT Indore
Assessee did not furnish a valid return within the time prescribed in the notice u/s 148. There was no necessity…
Filing options for Updated Return Activate at the Income Tax Portal
Filing options for Updated Return Activate at the Income Tax Portal E-filing of Updated ITR u/s 139(8A) has been…
