Direct Tax: · S. 56(2)(vi): A HUF is a "group of relatives". Consequently, a gift received from a HUF by… Read More
Professional Update For the Day: Direct Tax:- ITAT Delhi held that the Long-term capital gain earned by the assessee… Read More
Professional Update For the Day: Direct Tax:- CBDT warns of penal action if I-T returns are 'drastically' changed against misusing the… Read More
Professional Update for the Day: Direct Tax:- Delhi High Court held that assessment proceedings to be invalid against the… Read More
Professional Update For the Day: DIRECT TAX: Income Tax: Disallowance of profit in the sale of agriculture land - whether… Read More