Income TaxIssues in New Income Tax Portal : An Excellent Compilation by Maharashtra Tax Practitioners’ Association5 years agoIssues in New Income Tax Portal : An Excellent Compilation by Maharashtra Tax Practitioners’ Association SS / MTPA /IT…
Income TaxDiscussion raised in RajyaSabha on the New Income Tax Portal, aims and objective, technical glitches, comments from stakeholders & the time by which the problem will be fixed?5 years agoDiscussion raised in RajyaSabha on the New Income Tax Portal, aims and objective, technical glitches, comments from stakeholders & the…
Income TaxAssessee not liable to pay Income Tax as property belongs to HUF of Assessee and not individual: ITAT5 years agoAssessee not liable to pay Income Tax as property belongs to HUF of Assessee and not individual: ITAT Sri…
Income TaxReassessment valid as issue of deemed sale consideration as per Sec. 50C wasn’t considered during original assessment5 years agoReassessment valid as issue of deemed sale consideration as per Sec. 50C wasn’t considered during original assessment Rakesh Ambalal…
Income TaxAn Excellent Representation incorporation 39 issues in GST which need immediate attention of the Government by All India Federation of Tax Practitioner5 years agoAn Excellent Representation incorporation 39 issues in GST which need immediate attention of the Government by All India Federation of Tax…
Income TaxNow, Centre mulls Ordinance for past tax assessment as litigation mounts.5 years agoNow, Centre mulls Ordinance for past tax assessment as litigation mounts.
IT JudgementCapital gain exemption is available if taxpayer secures possession of the property within prescribed time frame even if the registration of sale deed could not be executed5 years agoCapital gain exemption is available if taxpayer secures possession of the property within prescribed time frame even if the registration…
IT JudgementAllowability of Capital gain Exemption under section 54B if agricultural land is purchased in the name of son5 years agoAllowability of Capital gain Exemption under section 54B if agricultural land is purchased in the name of son Short Overview…
Income TaxFemale member not being a coparcener cannot convert her self-acquired property into HUF property5 years agoFemale member not being a coparcener cannot convert her self-acquired property into HUF property A female member of an…
Income TaxPartners’ shares of agricultural income from the firms cannot be included for rate purpose while computing their other income.5 years agoPartners’ shares of agricultural income from the firms cannot be included for rate purpose while computing their other income. …
Income TaxIT JudgementCBDT grants further relaxation in electronic filing of Income Tax Forms 15CA/15CB: Relaxation or Penalty ?5 years agoCBDT grants further relaxation in electronic filing of Income Tax Forms 15CA/15CB: Relaxation or Penalty ? The CBDT has grant…
IT JudgementDirect Nexus is not required to be established. Once investment was more than capital gain earned by assessee, capital gain exemption is admissible.5 years agoDirect Nexus is not required to be established. Once investment was more than capital gain earned by assessee, capital gain…
IT JudgementWhether capital gain exemption would be admissible if the investment in the new property is done by borrowed capital?5 years agoWhether capital gain exemption would be admissible if the investment in the new property is done by borrowed capital? …
Income TaxNo Penalty under section 271(1)(b) for non compliances with the notices if the order was passed under section 143(3): Delhi ITAT5 years agoNo Penalty under section 271(1)(b) for non compliances with the notices if the order was passed under section 143(3): Delhi ITAT …
Income TaxAllowability of deduction towards Foreign travel expenses of director5 years agoAllowability of deduction towards Foreign travel expenses of director There was an interesting case regarding the allowability of deduction…
Income TaxInteresting Case: Validity of addition on account of difference in cost of construction as shown by assessee and as valued by the valuation officer5 years agoInteresting Case: Validity of addition on account of difference in cost of construction as shown by assessee and as valued…
Income TaxFine of Rs. 25,000/- imposed on the officer personally for delay in filing SLP. If the Government suffers losses, it is time when the concerned officer responsible for the same bears the consequences: Supreme Court5 years agoFine of Rs. 25,000/- imposed on the officer personally for delay in filing SLP. If the Government suffers losses, it…
Income TaxCompilation of problems being faced in relation to New Income Tax Portal: An excellent representation by District Taxation Bar Association (Direct Taxes), Ludhiana5 years agoCompilation of problems being faced in relation to New Income Tax Portal: An excellent representation by District Taxation Bar Association…