Investment out of borrowed funds do not affect capital gain exemption U/s 54 or 54F
Investment out of borrowed funds do not affect capital gain exemption U/s 54 or 54F There are various…
Income Tax
Assessments which have already attained finality and do not get abated have to be assessed on the basis of the incriminating material found during the course of search.
Assessments which have already attained finality and do not get abated have to be assessed on the basis of the incriminating material…
Amount paid towards PMS Fees is allowable as deduction: Pune ITAT
Amount paid towards PMS Fees is allowable as deduction: Pune ITAT The issue of deduction of expenses and…
Long Term or Short Term: Assessee was in possession of concerned property much prior to execution of agreement to sale
Long Term or Short Term: Assessee was in possession of concerned property much prior to execution of agreement to sale…
Charges on delayed payment of amount towards trading of securities are taxable under GST: UP AAR
Charges on delayed payment of amount towards trading of securities are taxable under GST: UP AAR This was the order…
How to check whether person is filing Income Tax Return or not : Compliance Check for Section 206AB & 206CCA
How to check whether person is filing Income Tax Return or not : Compliance Check for Section 206AB & 206CCA…
Finance Ministry clarifies on fake news in the media Of alleged black money held by Indians in Switzerland
Finance Ministry clarifies on fake news in the media Of alleged black money held by Indians in Switzerland …
Finance Ministry interaction with tax professionals, other stakeholders and Infosys on issues in new Income Tax Portal
Finance Ministry interaction with tax professionals, other stakeholders and Infosys on issues in new Income Tax Portal Posted On:…
Bogus LTCG on sale of share & Benefit of exemption under section 10(38)
Bogus LTCG on sale of share & Benefit of exemption under section 10(38) Income Tax Act, 1961, Section 68 Income from…
CBDT issued Circular No. 11/2020 dated 21.6.2021 on Section 206AB and 206CCA providing functionality to identify “Specified Person”.
CBDT issued Circular No. 11/2020 dated 21.6.2021 on Section 206AB and 206CCA providing functionality to identify “Specified Person”. Circular-no-11
Admissibility of Capital gain exemption if the house property is acquired by availing loan from bank
Admissibility of Capital gain exemption if the house property is acquired by availing loan from bank Mumbai ITAT in the…
If Cash inflow statement prepared by assessee shows availability of sufficient cash with assessee at the time when the jewellery was purchased then Income tax authorities are not justified in ignoring the relevant statement
If Cash inflow statement prepared by assessee shows availability of sufficient cash with assessee at the time when the jewellery…
Protective Assessments: Concept & Implementation
Protective Assessments: Concept & Implementation If there is doubt or ambiguity about the real entity in whose hands a…
Land & Building Sale: If the price of two capital assets has been charged as one consolidated figure the assessee is entitled to bifurcate the same.
Land & Building Sale: If the price of two capital assets has been charged as one consolidated figure the assessee…
No addition could be made in case of concluded assessments and non abated assessments in absence of incriminating material discovered during search.
No addition could be made in case of concluded assessments and non abated assessments in absence of incriminating material discovered…
Why do we Need New Portal when the Old Portal was already doing extremely well? Why so much trial & error on the taxpayers?
Why do we Need New Portal when the Old Portal was already doing extremely well? Why so much trial &…
Section -194Q, 206AB and 260CCA: Stringent provision section
Section -194Q, 206AB and 260CCA: Stringent provision section Author CA.Jayprakash Pandey ACA, M.COM, B.COM cajayprakashpandcompany@gmail.com The author, CA…
Transactions in Cryptocurrency: Concept & Taxation
Transactions in Cryptocurrency: Concept & Taxation Virtual currency is getting popular across the globe & picking up in the…
