The DCF method is a recognised method though it is not an exact science & can never be done with arithmetic precision.
The DCF method is a recognised method though it is not an exact science & can never be done with…
Income Tax
Capital gain exemption is allowable even if the construction started prior to earning of Long Term Capital Gain (LTCG) — CA Naresh Jakhotia
Capital gain exemption is allowable even if the construction started prior to earning of Long Term Capital Gain (LTCG) –– CA…
Compilation of Few interesring Income Tax cases
Compilation of Few interesring Income Tax cases • Earnest money forfeited by HSIDC on surrender of industrial plot allotment is…
No seizure of goods of bank guarantee of sufficient amount is furnished
No seizure of goods of bank guarantee of sufficient amount is furnished 2019 TaxPub(GST) 0184 (All-HC) S.A. Products v.…
Long-term capital gain on sale of shares could not be treated as bogus simply on the basis of some reports of the Investigation Wing
Long-term capital gain on sale of shares could not be treated as bogus simply on the basis of some reports…
AO couldn’t impose condition while deciding stay application: Delhi HC
AO couldn’t impose condition while deciding stay application: Delhi HC IT: When an application for stay of demand is filed…
Situs of AO is irrelevant to determine jurisdiction of HC over order of ITAT: Bombay HC
Situs of AO is irrelevant to determine jurisdiction of HC over order of ITAT: Bombay HC IT: Appeal against…
Interest on borrowed capital is not disallowable if interest free Loan given to sister concern is out of the interest free fund
Interest on borrowed capital is not disallowable if interest free Loan given to sister concern is out of the interest…
No TDS requiere on ayments made to bank towards credit card charges: Mumbai ITAT
No TDS requiere on ayments made to bank towards credit card charges: Mumbai ITAT Over view: As far as payment…
No possession, No purchase deed: Still exemption against long term capital gain granted
No possession, No purchase deed: Still exemption against long term capital gain granted Where assessee sold a residential property and…
ITAT Bench : Summer schedule of non bench Sitting of ITAT
ITAT Bench : Summer schedule of non bench Sitting of ITAT ITAT Bench : Summer schedule of non bench…
Agricultural income during demonetisation under I-T Scanner
Agricultural income during demonetisation under I-T Scanner Demonstration cash deposit is under deep scrutiny. Even though Income Tax (IT)…
No cancellation of registration as cash deposited in old denomination notes was from fees collected from students
No cancellation of registration as cash deposited in old denomination notes was from fees collected from students IT: Where registration…
Interesting case : Sending of notice to old address of assessee in a mechanical way would result in proceeding as null and void
Interesting case : Sending of notice to old address of assessee in a mechanical way would result in proceeding as…
Transfer of shares without filing of share certificates is invalid under the Cos. Act
Transfer of shares without filing of share certificates is invalid under the Cos. Act CL : Shares can be transferred…
Sec. 271AAA penalty deleted as assessee disclosed manner of earning undisclosed income; SLP dismissed
Sec. 271AAA penalty deleted as assessee disclosed manner of earning undisclosed income; SLP dismissed IT: Where High Court upheld…
Transfer of shares could not be tantamount to transfer of assets of company: HC
Transfer of shares could not be tantamount to transfer of assets of company: HC CL : Shares of a company…
Notice issued on dead person was invalid, such notice could not bind legal heirs unless proper notice was issued on them
Notice issued on dead person was invalid, such notice could not bind legal heirs unless proper notice was issued on…
