Sunday, December 16, 2018

Income Tax Rule 1962

To avoid penalty u/s 271(1)(c), “bonafides” have to be shown and cannot be assumed.

To avoid penalty u/s 271(1)(c), “bonafides” have to be shown and cannot be assumed. Conclusions: (i) Absurd...

GST on Joint Development of Property

Applicant, Land Owner entered in to development agreement with Builder to develop and promote multi...

Validity of addition due to non submission of confirmation from the creditor

Validity of addition due to non submission of confirmation from the creditor FLO Dyne Controls (India)...

Interest income can be taxed under both the heads, i.e., business income or income from other sources

Interest income can be taxed under both the heads, i.e., business income or income from...

Deduction towards interest on education loan taken in joint names

Deduction towards interest on education loan taken in joint names Section 80E, provides for deduction  of...