Land purchased prior to date of transfer of agricultural land not eligible for sec. 54B exemption: ITAT
Land purchased prior to date of transfer of agricultural land not eligible for sec. 54B exemption: ITAT [2019] 107 taxmann.com 217 (Ahmedabad…
Income Tax
Amount paid to the tenant is eligible for deduction while computing capital gain income
Amount paid to the tenant is eligible for deduction while computing capital gain income Naozar Chenoy vs Commissioner Of Income-Tax…
Clubbing of Minor’s Income- Concept, Confusion & Clarity
Clubbing of Minor’s Income- Concept, Confusion & Clarity With sense of responsibility, love and for the safe future of the…
Whether interest u/s 234B & 234C could be levied on income which arose from retrospective amendment?
Whether interest u/s 234B & 234C could be levied on income which arose from retrospective amendment? INCOME TAX: Where High…
Landmark Judgment in current scenario : ITAT granted registration u/s 12AA to trust formed to comply with CSR of its parent co.
Landmark Judgment in current scenario : ITAT granted registration u/s 12AA to trust formed to comply with CSR of its…
No power to attach the property during pendency of appellate proceedings
No power to attach the property during pendency of appellate proceedings Where assessee challenged assessment order on crucial aspects in…
What if the income tax returns is not filed within due date
What if the income tax returns is not filed within due date For Individual and HUF, ITR filing will be…
Sec. 80-IAC benefit available only to DPIIT’s recognized start-up having turnover up to 25 crores: CBDT
Sec. 80-IAC benefit available only to DPIIT’s recognized start-up having turnover up to 25 crores: CBDT Press Release, dated 22-08-2019…
Activity of selling various small properties acquired from sale of land couldn’t be treated as business activity
Activity of selling various small properties acquired from sale of land couldn’t be treated as business activity Munish Singla v.…
Tax deduction at source under section 194J in respect of Passenger service fee by airline company
Tax deduction at source under section 194J in respect of Passenger service fee by airline company Short Overview : Passenger service…
MODI Govts relief package : Major & proactive boost to INDIAN Economy
MODI Govts relief package : Major & proactive boost to INDIAN Economy This Govt means business… Finance Minister comes our…
Value of taxable supply in transaction between distinct entities with same PAN
Value of taxable supply in transaction between distinct entities with same PAN 2019 TaxPub(GST) 0594 (AAR-Maha) IN THE AUTHORITY FOR…
PM requested FM to levt tax on his Peace Award
PM requested FM to levt tax on his Peace Award
New Income Tax Law, What’s New expected
New Income Tax Law, What’s New expected After long discussion & justification, the new income tax law is now finally…
Raising of monetary limits for filing appeals by the dept. before CESTAT/HC/SC
Raising of monetary limits for filing appeals by the dept. before CESTAT/HC/SC
Writ filed by Assessee challenging order of rejection of stay application in a cryptic manner
Writ filed by Assessee challenging order of rejection of stay application in a cryptic manner Short Overview: Where Pr. CIT…
HC restrained revenue from enforcing order of attachment of property during pendency of appellate proceedings
HC restrained revenue from enforcing order of attachment of property during pendency of appellate proceedings Where assessee challenged assessment order…
Surcharge on Super Rich :
Surcharge on Super Rich : “In view of rising income levels, those in the highest income brackets need to contribute…
