Amendment by FA 2013 to include HUF within scope of Sec. 54B relief is clarificatory in nature: ITAT
Amendment by FA 2013 to include HUF within scope of Sec. 54B relief is clarificatory in nature: ITAT Shri…
Income Tax
Consultancy fees paid for studying & preparing a strategy to reduce cost of production is eligible for deduction: HC
Consultancy fees paid for studying & preparing a strategy to reduce cost of production is eligible for deduction: HC …
Interest on Compulsory acquisition of land & its plea of its spreading over different years
Interest on Compulsory acquisition of land & its plea of its spreading over different years There was an interesting issue…
Sec. 68 additions justified if assessee failed to prove identities & creditworthiness of investors: HC
Sec. 68 additions justified if assessee failed to prove identities & creditworthiness of investors: HC SRM Systems and Software…
Failure of Deductor to pay TDS, payee cannot be denied the TDS Credit
Failure of Deductor to pay TDS, payee cannot be denied the TDS Credit [2021] 128 taxmann.com 230 (Madras) HIGH COURT OF…
sum received by the assessee on sale of additional FSI, is not exigible for long term capital gains and the same is to be excluded under normal provisions of the Act
sum received by the assessee on sale of additional FSI, is not exigible for long term capital gains and the…
If there is an inseparable and the intention is to carry on the business of letting out the commercial property then rental income us taxable as “Profits and gains of business or profession”.
If there is an inseparable and the intention is to carry on the business of letting out the commercial property…
Entire amount of sales cannot be taxed in the hands of the assessee as unexplained cash credit
Entire amount of sales cannot be taxed in the hands of the assessee as unexplained cash credit ITAT AHMEDABAD…
Kudos for excellent Representation by Maharashtra Tax Practitioners’ Association on issues faced by Taxpayer & Professionals on New Income Tax Portal
Kudos for excellent Representation by Maharashtra Tax Practitioners’ Association on issues faced by Taxpayer & Professionals on New Income Tax Portal Maharashtra…
62 Income which are exempt from Tax u/s 10
62 Income which are exempt from Tax u/s 10 Here is a list of total 62 income which is…
Register on the e-Filing Portal: For Tax Deductor and Collector
Register on the e-Filing Portal: For Tax Deductor and Collector Step 1: Go to the e-Filing portal homepage, click Register. Step…
Clarification regardinq extension of limitation under GST Law in terms of Hon’ble Supreme Court’s Order dated 27.04.2021.
Clarification regardinq extension of limitation under GST Law in terms of Hon’ble Supreme Court’s Order dated 27.04.2021. File No:…
Interest on securities which is exempt u/s 10(15)
Interest on securities which is exempt u/s 10(15) Interest incomes which are exempt under section 10(15) are as under: Section…
Taxes levied overseas which are not eligible for relief either under section 90 or section 91 would not come within the purview of section 40(a)(ii)
Taxes levied overseas which are not eligible for relief either under section 90 or section 91 would not come within the…
When an appeal provision has been provided under the statute, the Authorities are not allowed to recover the amount payable unless there are extenuating circumstances.
When an appeal provision has been provided under the statute, the Authorities are not allowed to recover the amount payable…
There is no requirement of issuance of notice under section 143(2), when there is no valid return available before AO.
There is no requirement of issuance of notice under section 143(2), when there is no valid return available before AO.…
Madras HC directed AO to dispose of assessee’s objections against reopening of assessee by passing a speaking order.
Madras HC directed AO to dispose of assessee’s objections against reopening of assessee by passing a speaking order. P.…
Interest on Income Tax Section 234 A, B & C By Ankita Bansal
Interest on Income Tax Section 234 A, B & C By Ankita Bansal Author CA. Ankita Bansal …
