Interesting Income Tax : Loss suffered during first year of business started with husband’s fund is to be clubbed entirely
Interesting Income Tax : Loss suffered during first year of business started with husband’s fund is to be clubbed entirely…
Income Tax
Sale of software by NRI is taxable in India as Royalty Income ?
Sale of software by NRI is taxable in India as Royalty Income ? Short Overview : What had been transferred by…
Exchange Rates Notification No.05/2020-Custom(NT) dated 16.01.2020. [Effective from 17th January, 2020
Exchange Rates Notification No.05/2020-Custom(NT) dated 16.01.2020. [Effective from 17th January, 2020
“Certification of True Copy” of ITR V and P&L and BS of un-audited cases by CA
“Certification of True Copy” of ITR V and P&L and BS of un-audited cases by CA It has been discussed…
Transfer of a capital asset by partner to firm, by way of capital contribution: Whether section 50C overrides section 45(3)?
Transfer of a capital asset by partner to firm, by way of capital contribution: Whether section 50C overrides section 45(3)?…
And the proposal to abolish section 44AB audit scrapped?
And the proposal to abolish section 44AB audit scrapped? Background prior to the new Proposal: Very Silently, Section 271J was…
Whether the suit is tenable in the absence of successor Karta being brought on record?
Whether the suit is tenable in the absence of successor Karta being brought on record? Madhuri Doulatram Choitram Vs Lachmandas…
When parties enter into a family arrangement, the validity of the family arrangement is not to be judged with reference to whether the parties who raised disputes or rights or claimed rights in certain properties
When parties enter into a family arrangement, the validity of the family arrangement is not to be judged with reference…
Missing Buyers, Unexplained Advances: Demonetization cash deposit haunts Jewellers
Missing Buyers, Unexplained Advances: Demonetization cash deposit haunts Jewellers
UnionBudget – 2020: Proposal to abolish Tax Audit under section 44AB
UnionBudget – 2020: Proposal to abolish Tax Audit under section 44AB Amidst the struggling economy, there are lot of…
Capital gains exemption admissible even if assessee didn’t get legal title to land due to pending litigation
Capital gains exemption admissible even if assessee didn’t get legal title to land due to pending litigation Short Overview : The…
While a family arrangement/settlement does not amount to a “transfer” u/s2(47) as it only recognizes “pre-existing rights” between the parties, the same applies only to members of the families and not to transfers made by corporate entities.
While a family arrangement/settlement does not amount to a “transfer” u/s2(47) as it only recognizes “pre-existing rights” between the parties,…
Beneficial Interpretation Disallowance u/s 40a(ia) is not attracted if deduction is done in wrong section or if there is a shortfall in deduction
Beneficial Interpretation Disallowance u/s 40a(ia) is not attracted if deduction is done in wrong section or if there is a shortfall…
Taxation of Family Settlement & Arrangement
Taxation of Family Settlement & Arrangement Mahabharata happened due to family dispute over property. Be it ultra-rich families or Low-income…
Gujarat High Court held that the permanent account number (PAN) cannot be declared inoperative due to non-linking of Aadhaar or Aadhaar Number.
IN THE HIGH COURT OF GUJARAT AT AHMEDABAD CIVIL APPLICATION (FOR DIRECTION) NO. 1 of 2019 In R/SPECIAL CIVIL APPLICATION…
ANALYSIS OF ASSESSMENT OF DEMONATISATION CASES
Analysis of assessment of demonetisation cases In its ongoing Operation Clean Money drive (OCM), Various cases were selected…
Section 43B have an overriding effect over other provisions of the Act
The Commissioner Of Income Tax … vs Ghatge Patil Transport Ltd on 14 October, 2014 Bench: S.C. Dharmadhikari …
