Section 43A Vs. Foreign exchange fluctuations on loan taken to buy capital assets in India
Section 43A Vs. Foreign exchange fluctuations on loan taken to buy capital assets in India Recently in PR. COMMISSIONER…
Income Tax
Affidavit & Declaration on stamp paper of Rs. 100 shall continue to be valid: Clarification Circular issued by Maharashtra Stamp Department
Affidavit & Declaration on stamp paper of Rs. 100 shall continue to be valid: Clarification Circular issued by Maharashtra Stamp…
If main is to carry on the business of leasing of immovable properties then resultant income is Business Income and not House Property Income: Bombay HC
If main is to carry on the business of leasing of immovable properties then resultant income is Business Income and…
New Twist on Assessment on non-existent entity โ Its not null and void:ย Hyderabad ITAT
New Twist on Assessment on non-existent entity โ Its not null and void:ย Hyderabad ITAT Most of you would…
Rental Income from let out of 80 properties โ Whether Business Income or Income from house property โ Issue before Bombay HC
Rental Income from let out of 80 properties โ Whether Business Income or Income from house property โ Issue before…
Will renting of residential flat be charged only under house property post the amendment in Finance Act 2024?
Will renting of residential flat be charged only under house property post the amendment in Finance Act 2024? Relevant…
Firms opting for presumptive taxationโ need for amendment in partnership deeds?
Firms opting for presumptive taxationโ need for amendment in partnership deeds? [Query 1] I am a trader in the…
Mumbai ITAT Cancels Assessment Order Until Higher Income Tax Authority Approves It Under Section 151
Mumbai ITAT Cancels Assessment Order Until Higher Income Tax Authority Approves It Under Section 151 DCIT-42 Vs. Sunil Harischandra…
Can ITC be availed on motor vehicles used for transportation of passengers when there is an intention to resell the vehicle after using it for a defined period of time ?
Can ITC be availed on motor vehicles used for transportation of passengers when there is an intention to resell the…
Cash Sale transactions already credited in the P&L cannot be regarded as unexplained credit: ITAT Jaipur
Cash Sale transactions already credited in the P&L cannot be regarded as unexplained credit: ITAT Jaipur Facts: 1. AO…
๐๐ง๐ฒ ๐๐ฅ๐๐ข๐ฆ ๐ฆ๐๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐ซ๐๐ฏ๐ข๐ฌ๐๐ ๐ซ๐๐ญ๐ฎ๐ซ๐ง ๐ฉ๐จ๐ฌ๐ญ ๐ญ๐ก๐ ๐๐ฎ๐ ๐๐๐ญ๐ ๐จ๐ ๐๐ข๐ฅ๐ข๐ง๐ ๐ญ๐ก๐ ๐ซ๐๐ฏ๐ข๐ฌ๐๐ ๐ซ๐๐ญ๐ฎ๐ซ๐ง ๐๐๐ง๐ง๐จ๐ญ ๐๐ ๐๐จ๐ง๐ฌ๐ข๐๐๐ซ๐๐ ๐๐ฒ ๐ญ๐ก๐ ๐๐ฌ๐ฌ๐๐ฌ๐ฌ๐ข๐ง๐ ๐๐๐๐ข๐๐๐ซ
๐๐ง๐ฒ ๐๐ฅ๐๐ข๐ฆ ๐ฆ๐๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐ซ๐๐ฏ๐ข๐ฌ๐๐ ๐ซ๐๐ญ๐ฎ๐ซ๐ง ๐ฉ๐จ๐ฌ๐ญ ๐ญ๐ก๐ ๐๐ฎ๐ ๐๐๐ญ๐ ๐จ๐ ๐๐ข๐ฅ๐ข๐ง๐ ๐ญ๐ก๐ ๐ซ๐๐ฏ๐ข๐ฌ๐๐ ๐ซ๐๐ญ๐ฎ๐ซ๐ง ๐๐๐ง๐ง๐จ๐ญ ๐๐ ๐๐จ๐ง๐ฌ๐ข๐๐๐ซ๐๐ ๐๐ฒ…
Request for Extension of time period for filing of Annual Forms (AOC-4 CFS NBFC (Ind AS), AOC-4(XBRL), AOC-4, AOC-4(CFS), AOC-4 NBFC (Ind AS), MGT-7, MGT-7A for the Financial Year ended 31.03.2024 without levying additional fee
Request for Extension of time period for filing of Annual Forms (AOC-4 CFS NBFC (Ind AS), AOC-4(XBRL), AOC-4, AOC-4(CFS), AOC-4…
BUYING OR RENTING A HOUSE: WHICH ONE IS BETTER?
BUYING OR RENTING A HOUSE: WHICH ONE IS BETTER? For many Indians, owning a home is not just a goalโitโs…
Non disposal of application for trust registration within 6 months cannot be construed as deemed registration:
Non disposal of application for trust registration within 6 months cannot be construed as deemed registration: Case Title: The…
Will Sec 79 be applicable in case there is a change in 51% voting power but no change in beneficial ownership?
Will Sec 79 be applicable in case there is a change in 51% voting power but no change in beneficial…
Assessment done u/s 143(3) as against section 144 vs. Observation by ITAT Delhi
Assessment doneย u/s 143(3) as against section 144 vs. Observation by ITAT Delhi ย Recently by order dated 16.10.2024 passed…
Delay in filing of 8 years in filing of Appeal due to wrong advice of counsel condoned by ITAT
Delay in filing of 8 years in filing of Appeal due to wrong advice of counsel condoned by ITAT …
Brought forward depreciation loss can be set off only against business income and cannot be set off against income from any other source
Brought forward depreciation loss can be set off only against business income and cannot be set off against income from…
