CAPITAL GAIN EXEMPTION IF TWO ASSETS ARE SOLD IN TWO DIFFERENT FY & INVESTED IN ONE HOUSE IN ONE FY
CAPITAL GAIN EXEMPTION IF TWO ASSETS ARE SOLD IN TWO DIFFERENT FY & INVESTED IN ONE HOUSE IN ONE FY…
Income Tax
Taxpayer’s Reply cannot be dismissed by proper officer without proper justisicstion
Taxpayer’s Reply cannot be dismissed by proper officer without proper justisicstion The case involves a dispute over a Show…
ITC Mismatch demand set aside by High Court because authorities failed to consider certificate obtained by buyer from the supplier and CA of supplier.
ITC Mismatch demand set aside by High Court because authorities failed to consider certificate obtained by buyer from the supplier…
OLD BUT AN IMPORTANT CLARIFICATION
OLD BUT AN IMPORTANT CLARIFICATION Stipend received by resident doctors during post graduation bond period is in nature of…
Search u/s 132 has been invalidated as satisfaction note being general in nature
Search u/s 132 has been invalidated as satisfaction note being general in nature The foundation to exercise the power…
Legal precedents on Ad- Hoc Disallowances:
Legal precedents on Ad- Hoc Disallowances: A.Examples of ad hoc disallowances made by the Assessing Officer: 1. Disallowances of…
Assessment Order cannot be passed in the name of a non existent entity: ITAT Mumbai
Assessment Order cannot be passed in the name of a non existent entity: ITAT Mumbai M/s. Patil Construction and…
While reopening the case U/S 148, the AO must be subjectively satisfied that income which was taxable has in fact escaped assessment: Delhi HC
While reopening the case U/S 148, the AO must be subjectively satisfied that income which was taxable has in fact…
Old vs. New Tax Regime: An Overview of Key Exemptions, Deductions and Income
Old vs. New Tax Regime: An Overview of Key Exemptions, Deductions and Income The New Tax Regime (NTR) has…
How to claim deduction under Section 80G
How to claim deduction under Section 80G Contributions made to certain relief funds and charitable institutions can be claimed as…
Kerala HC Extends ITC Deadline to November 30 In Each Financial Year From Beginning Of GST Regime
Kerala HC Extends ITC Deadline to November 30 In Each Financial Year From Beginning Of GST Regime Another decision…
Whether Intimation u/s 143(1) can be subject matter of revision u/s 264 of Income-tax Act,1961?
Whether Intimation u/s 143(1) can be subject matter of revision u/s 264 of Income-tax Act,1961? Delhi High Court in…
Ex-parte order was passed by NFAC in case of an Illitrate and agriculturist Assessee quashed & restored back to AO in light of principles of natural justice.
Ex-parte order was passed by NFAC in case of an Illitrate and agriculturist Assessee quashed & restored back to AO…
SOP for GST Registration Verification issued by Tamil Nadu GST Commissionerate
SOP for GST Registration Verification issued by Tamil Nadu GST Commissionerate Tamil Nadu Commissionerate Issues SOP for GST Registration…
Rental income received from letting out of building along with furniture, fixtures, etc., would be taxable under the head ‘Income from other sources’
Rental income received from letting out of building along with furniture, fixtures, etc., would be taxable under the head ‘Income…
Expenses incurred towards interior decoration work of rented office premises is allowable as Revenue Expenditure: Kolkata ITAT
Expenses incurred towards interior decoration work of rented office premises is allowable as Revenue Expenditure: Kolkata ITAT Recenlty, ITAT…
CIT(A) is not empowered to dismiss the appeal for non-prosecution
CIT(A) is not empowered to dismiss the appeal for non-prosecution ITAT Pune in the case of YORK TRANSPORT EQUIPMENT…
In the absence of intention to evade tax, penalty order under section 129(3) is liable to be quashed
In the absence of intention to evade tax, penalty order under section 129(3) is liable to be quashed In a…
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