REVERSAL OF INPUT TAX CREDIT-REAL ESTATE SECTOR
REVERSAL OF INPUT TAX CREDIT-REAL ESTATE SECTOR Author FCS Deepak Pratap Singh As you are aware that…
Income Tax
ADVERSE POSSESSION UNDER LAW
ADVERSE POSSESSION UNDER LAW Author FCS Deepak Pratap Singh Historically, adverse possession is a pretty old concept of…
TAX WITHOUT ACTUAL INCOME: AN OVERVIEW OF SECTION 56(2)(X) By: Manjiri S. Gupta
TAX WITHOUT ACTUAL INCOME: AN OVERVIEW OF SECTION 56(2)(X) By: Manjiri S. Gupta (The author is an Article Assistant at…
AO could not disregard a transaction just because it resulted in tax advantage to assessee: Mumbai ITAT
AO could not disregard a transaction just because it resulted in tax advantage to assessee: Mumbai ITAT The dividing line…
AAR on whether the GST registration is required by Rotary?
AAR on whether the GST registration is required by Rotary? In an AAR filed by M/s Rotary District 3231, the…
Development agreement specifying that the possession of the property is not given but only license to enter the property is given: Taxation of Capital gain in case of Development Agreement
Development agreement specifying that the possession of the property is not given but only license to enter the property is…
Taxation of Non-Resident Individual (NRI) Part 2 :Tax Provisions for NRI By: Ayushi Raja
Taxation of Non-Resident Individual (NRI) Part 2 :Tax Provisions for NRI By: Ayushi Raja (The author is an article…
“BENAMI TRANSACTIONS”, THE PROHIBITION OF BENAMI PROPERTY TRANSACTIONS ACT, 1988
“BENAMI TRANSACTIONS”, THE PROHIBITION OF BENAMI PROPERTY TRANSACTIONS ACT, 1988 Author FCS Deepak Pratap Singh Preamble;…
Tax officers should not take advantage of an assessee’s ignorance to collect more tax out of him than is legitimately due to him: Karnataka HC
Tax officers should not take advantage of an assessee’s ignorance to collect more tax out of him than is legitimately…
Amendment to section 50C providing for tolerance band of 10% is retrospective in nature: ITAT Mumbai
Amendment to section 50C providing for tolerance band of 10% is retrospective in nature: ITAT Mumbai Recently, ITAT Mumbai…
Court directed the Assessing Officer to dispose of the assessee’s rectification application under Section 154 within six weeks from the date of the Court’s Order.
Court directed the Assessing Officer to dispose of the assessee’s rectification application under Section 154 within six weeks from the…
Business Compliance Calendar for March-22
Business Compliance Calendar for March-22 INCOME TAX 02nd Mar 2022- Due date for furnishing of challan-cum-statement in respect of tax…
ALTERNATIVES TO TRADITIONAL RE-INSURANCE
ALTERNATIVES TO TRADITIONAL RE-INSURANCE Author FCS Deepak Pratap Singh Dear Friends, As you know an insurance is…
Can a person earn Agricultural income without agricultural Land: An issue before Chandigarh ITAT
Can a person earn Agricultural income without agricultural Land: An issue before Chandigarh ITAT Short Overview Where assessee claimed income from…
EDUCATION LOAN FOR STUDY IN ABROAD & TCS PROVISION By: Manjiri S. Gupta
EDUCATION LOAN FOR STUDY IN ABROAD & TCS PROVISION By: Manjiri S. Gupta (The author is an Article Assistant…
Taxation of Non-Resident Individual (NRI) Part 1 : Concept of NRI By: Ayushi Raja
Taxation of Non-Resident Individual (NRI) Part 1 : Concept of NRI By: Ayushi Raja (The author is an article…
Whether capital contribution of the individual partners credited to their accounts in the books of the firm be taxed as cash credit in the hands of the firm? – An analysis by FCS Deepak Pratap Singh
Whether capital contribution of the individual partners credited to their accounts in the books of the firm be taxed as…
Nominal Member vs Regular Member: Eligibility of deduction u/s 80P
Nominal Member vs Regular Member: Eligibility of deduction u/s 80P There are various cases of assessment of credit cooperative societies wherein…
