Direct Tax: 10(23C) is independent of sec. 11; relief to trust available even if sec. 10(23C) conditions not complied with- Charging… Read More
Direct Tax: 153A proceedings not restricted to those materials which were already available with dept. before search -Where pursuant to… Read More
Direct Tax: Mumbai ITAT allows set off of brought forward house property losses of AY 2009-10 and 2010-11 against income… Read More
Direct Tax: Gujarat HC upholds ITAT order, confirms unexplained cash credit addition u/s 68 in case of assessee (an individual), with respect to receipt… Read More
CORPORATE AND PROFESSIONAL UPDATES 24TH FEB 2018 Profit from sale of land after dividing it into small plots not to… Read More
CORPORATE AND PROFESSIONAL UPDATES 23RD FEB 2018 Direct Tax: A non-resident company supplied billing software to 'Reliance' for purpose of… Read More
Direct Tax: Delhi High Court has refuses to set aside re-assessment notice U/s. 147/148 issued by Income Tax Department to… Read More
Direct Tax: Assessee wasn't entitled to claim sec. 54F relief if agreement to sell property wasn't executed by buyer within… Read More
CBDT issues an instruction for conducting the scrutiny assessments electronically. As per the instruction, except search related assessments, all scrutiny… Read More
Corporate And Professional Updates 5th Feb 2018 RBI Update: The Reserve Bank of India has imposed a monetary penalty of… Read More