Income TaxVIVAD SE VISHWAS ACT – 20206 years agoVIVAD SE VISHWAS ACT – 2020 Finally, VIVAD SE VISHWAS bill got assent from the president and notified from 17.03.2020.…
IT JudgementRelief u/s 54 i.e Exemption out of ‘LTCG’ earned on sale of Residential House Property can be claimed by the Assessee father where new Residential House property was purchased in the name of Son within the time allowed u/s 54 : Case Well Argued by CA. M.R. Sahu6 years ago Relief u/s 54 i.e Exemption out of ‘LTCG’ earned on sale of Residential House Property can be claimed by…
Income TaxAddition under section 68 if Revised return of income filed to reduce agricultural income & failure to prove large agricultural income6 years ago Addition under section 68 if Revised return of income filed to reduce agricultural income & failure to prove large…
Income TaxValidity of Initiation of proceedings u/s 153C in respect of assessment years not covered within period of six years from the DATE of recording of SATISFACTION NOTE by AO6 years ago Validity of Initiation of proceedings u/s 153C in respect of assessment years not covered within period of six years…
IT JudgementGST: Allowability of Input tax credit on Supply of medicines used to provide medical facilities to employees and pensioners in hospital6 years ago GST: Allowability of Input tax credit on Supply of medicines used to provide medical facilities to employees and pensioners…
Income TaxTransfer order of Commissioner of Income Tax (CIT)6 years agoTransfer order of Commissioner of Income Tax (CIT) Transfer order of Commissioner of Income Tax (CIT)
IT JudgementInteresting case: Disallowance under section 14A for Expenditure against exempt income if No dividend income is not claimed as exempt by assessee6 years ago Interesting case: Disallowance under section 14A for Expenditure against exempt income if No dividend income is not claimed as…
Income TaxCapital gains on Sale of agricultural land situated beyond 8 kms from local limit of any municipal or cantonment area & applicability of section 50C6 years ago Capital gains on Sale of agricultural land situated beyond 8 kms from local limit of any municipal or cantonment…
Income TaxAmount of Payment to be made under Vivad se Vishwas Scheme: A Summary in a Chart6 years agoAmount of Payment to be made under Vivad se Vishwas Scheme: A Summary in a Chart The person opting for…
Income TaxWhy Tax consultants are portrayed as the Villain ?6 years agoWhy Tax consultants are portrayed as the Villain ? One who facilitates the process of tax collection & tax compliance…
Income TaxWhatsapp helps Income Tax Department to track illegal Investments6 years ago Whatsapp helps Income Tax Department to track illegal Investments
Income TaxSettling Tax Disputes by Vivad Se Vishwas Scheme – 20206 years agoSettling Tax Disputes by Vivad Se Vishwas Scheme – 2020 To reduce the pending income tax litigation & unlock the blocked…
Income TaxFrequently Asked Questions on LLP Settlement Scheme, 2020 issued by the Ministry of Corporate Affairs6 years agoFrequently Asked Questions on LLP Settlement Scheme, 2020 issued by the Ministry of Corporate Affairs Frequently Asked Questions on…
Income TaxA discretionary private trust is assessable as an “individual” and not as an “AOP” as”individual” includes group of individuals6 years agoA discretionary private trust is assessable as an “individual” and not as an “AOP” as “individual” includes group of individuals…
Income TaxInheritance of property by legal heir and rental income derived there-from: Whether Income of an AOP or Individual Income?6 years agoCOMMISSIONER OF INCOME TAX vs. INDIRA BALKRISHNA SUPREME COURT OF INDIA S.K. Das, Kapur & Hidayatullah, JJ. Civil Appeals Nos.…
Income TaxSC criticizes ICAI for adopting an “Hyper-Technical” Approach in its investigation of MAFs and submitting to the Court that though MAFs were involved in violating ethics and law, the MAFs were not amenable to ICAI’s disciplinary jurisdiction6 years agoSC criticizes ICAI for adopting an “Hyper-Technical” Approach in its investigation of MAFs and submitting to the Court that though…