Landmark Judgement : Property held Jointly can’t be held as owned by assessee while allowing sec. 54F relief: Mumbai ITAT
Landmark Judgement : Property held Jointly can’t be held as owned by assessee while allowing sec. 54F relief: Mumbai ITAT…
Income Tax
And Top FDI investment in India is from Tax Heaven Countries !!
And Top FDI investment in India is from Tax Heaven Countries !!
ICDS 2 requires Valuation of inventory after inclusive of taxes and duties. Ahmedabad ITAT ruled in favour of assessee where it is valued after exclusion.
ICDS 2 requires Valuation of inventory after inclusive of taxes and duties. Ahmedabad ITAT ruled in favour of assessee where…
Welcome Judgment: No denial to section 12AA registration for some vague reason
Welcome Judgment: No denial to section 12AA registration for some vague reason Very often, the registration application u/s 12AA of the…
Taxation on Sale of agricultural land after dividing the land in to plots
Taxation on Sale of agricultural land after dividing the land in to plots In the present case, Assessee has sold…
Investment of land & sale of land after plotting – whether Business Income or Capital Gain.
Investment of land & sale of land after plotting – whether Business Income or Capital Gain. Here is an interesting…
Know the Procedure for submission of Form 15CC for remittance U/s. 195(6)
Know the Procedure for submission of Form 15CC for remittance U/s. 195(6) Government of India Ministry of Finance Central Board…
Selling of land after plotting to secure a better price is not in the nature of trade or business.
Selling of land after plotting to secure a better price is not in the nature of trade or business. Here…
Statement of Financial Transaction (SFT) – Filing Nil statement is mandatory or optional ?
Statement of Financial Transaction (SFT) – Filing Nil statement is mandatory or optional ? Under Section 285BA of the Income…
Don’t forget to file SFT by 31st May !!
Don’t forget to file SFT by 31st May !! Statement of Financial Transactions i.e., SFT is required to be filed…
An appeal wrongly filed before the AO and not CIT(A) is an unintentional lapse of the assessee and delay need to be condoned.
An appeal wrongly filed before the AO and not CIT(A) is an unintentional lapse of the assessee and delay need…
No disallowance u/s 43B can be made for the unpaid service-tax liability which is not claimed as a deduction
No disallowance u/s 43B can be made for the unpaid service-tax liability which is not claimed as a deduction …
Date of allotment letter issued by builder is the date relevant for reckoning it as long term or short term
Date of allotment letter issued by builder is the date relevant for reckoning it as long term or short term…
Whether investment in renovation or modification of an existing house is eligible for capital gain exemption?
Whether investment in renovation or modification of an existing house is eligible for capital gain exemption? Query] Whether investment in…
No capital gain exemption denial if the sale deed is in joint name.
No capital gain exemption denial if the sale deed is in joint name. Here is one interesting case on the…
Section 43CA for builder & developers vs. section 50C applicable to capital assets
Section 43CA for builder & developers vs. section 50C applicable to capital assets Section 50C was applicable only on sale…
Whether capital gain exemption admissible if new house is not used for own residence but was given on rent?
Whether capital gain exemption admissible if new house is not used for own residence but was given on rent? …
