RESIDENTIAL STATUS UNDER INCOME TAX ACT Tax incidence on an assessee depends on his residential status. For instance, whether an… Read More
Direct Tax: ITAT Delhi held that Section 54/54F flat booked with builder can be considered as construction of flat. ACIT… Read More
Direct Tax: Uttarakhand HC allows Revenue’s appeal, denies Sec. 10B benefit to assessee (engaged in manufacture of handicrafts) for AY 2009-10;… Read More
Direct Tax: Kolkata ITAT deletes penalty levied u/s 271E (for violating conditions u/s 269T by repaying loan other than through… Read More
Corporate and Professional updates 9th march 2018 Direct Tax: Kolkata ITAT holds that sale of shares by Emami Infrastructure Ltd.… Read More
CORPORATE AND PROFESSIONAL UPDATES 8TH MARCH 2018 Direct Tax: Under section 57(iii) of the Act, only those expenditure are to… Read More
Corporate and Professional updates 7th March 2018 Direct Tax: Under section 57(iii) of the Act, only those expenditure are to… Read More
CORPORATE AND PROFESSIONAL UPDATES 5Th MARCH 2018 Direct tax CBDT has decided to give a last chance to persons who… Read More
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