Income Tax Rule 1962

148

Interesting Judgment : Statement recorded during survey u/s 133A are not conclusive piece of evidence by itself for reassessment u/s 148

Income Tax Act, 1961, Section 148 Reassessment---Reason to believe---Statement recorded under section 133A---No other tangible evidence Conclusion: The...

Interest received on advances is a Business Income or Income from Other Source?

Interest received on advances is a Business Income or Income from Other Source? Short Overview : Since...

Relief u/s 54 i.e Exemption out of ‘LTCG’ earned on sale of Residential House Property can be claimed by the Assessee father where new...

  Relief u/s 54 i.e Exemption out of 'LTCG' earned on sale of Residential House Property...

GST: Allowability of Input tax credit on Supply of medicines used to provide medical facilities to employees and pensioners in hospital

  GST: Allowability of Input tax credit on Supply of medicines used to provide medical facilities...

Interesting case: Disallowance under section 14A for Expenditure against exempt income if No dividend income is not claimed as exempt by assessee

  Interesting case: Disallowance under section 14A for Expenditure against exempt income if No dividend income...