Day: November 13, 2018
Section 54F exemption is for cost of new asset, not consideration paid for acquisition. AO was held wrong in holding that expenses were made to make house luxurious and comfortable ABCAUS Case Law Citation: ABCAUS 2625 (2018) (11) ITAT The instant judgment was delivered in a batch of …
ITAT jurisdiction to consider rectification application is extremely limited. Supreme Court dismisses SLP of the Petitioner ABCAUS Case Law Citation: ABCAUS 2624 (2018) (11) SC Earlier, the petitioner had approached High Court against the order of the Income Tax Appellate Tribunal (ITAT) in declining to rectify its previous …
Central Government establishes Adjudicating Authority and Appellate Tribunal at Delhi under Prohibition of Benami Property Transaction Act, 1988 (the Benami Act) Authority/Tribunal Place Adjudicating Authority appointed to exercise jurisdiction, powers and authority conferred by or under the Benami Act The jurisdiction of the Adjudicating Authority shall be over the …
Uttar Pradesh GST Department to conduct e-hearing assessment of corporate dealers for transparency and minimum interface with trader. Uttar Pradesh GST Department has decided to make assessment of corporate dealers through e-hearing. Earlier a corporate circle was formed with the objective that in each zone jurisdiction for top …