Daily Archive: Saturday, August 27, 2016

AO statutorily required to compute capital gain us 48 not 50C. Deduction us 54EC to be also not on deemed cost of consideration u/s 50C basis-ITAT

Author: | Categories: Income Tax, ITAT, Judgments No comments
AO statutorily required to compute capital gain us 48 not 50C. Deduction us 54EC also allowable on capital gain computed u/s 48 not on deemed cost of consideration u/s 50C-ITAT ABCAUS Case Law Citation: 1001 2016 (08) ITAT AY: 2009-10 Brief Facts of the Case: The appellant assessee had

 

Additions u/s 28(iv) not apply to benefits received in cash-money. ITAT quashed additions made alleging customers advances opening balances as bogus

Author: | Categories: Income Tax, ITAT, Judgments No comments
Additions u/s 28(iv) not apply to benefits received in cash-money. ITAT quashed additions made by Assessing Officer alleging opening balances of customers advances as bogus. ABCAUS Case Law Citation: 1000 2016 (08) ITAT The Prelude: It has bee widely held in numerous judgments that additions u/s 68 can not be

 

Delinking of wrongly linked UANs. All such requests for delinking should be recommended by the concerned field office-EPFO Circular

Author: | Categories: EPFO No comments
Delinking of wrongly linked UANs – EPFO  Employees’ Provident Fund Organisation Ministry of Labour & Employment, Govt. Of India Bhavishya Nidhi Bhawan, 14-Bhikaji Cama Place, New Delhi-110066 No. R-I/P-20/UAN/2014/Vol. II/456                                      

 

Allahabad High Court local advocate engagement Rules 3 3A not unconstitutional nor ultra vires Section 30 of the Advocates Act 1961

Author: | Categories: Supreme Court No comments
Allahabad High Court local advocate engagement Rules 3 3A not unconstitutional but valid. They are not ultra vires Section 30 of the Advocates Act 1961 – Supreme Court ABCAUS Case Law Citation: 999 2016 (08) SC Important Case Laws/judgments cited: Bar Council of India v. High Court of Kerala