Exemption u/s 54G nowhere states asset in undertaking shifted in rural area should be acquired in name of assesse only…
Disallowance of agricultural expenses would result in agricultural income only. Agricultural expenses disallowed for want of proof can not be…
Validity of notice issued u/s 263 based on incorrect grounds or unsupported evidence can be questioned - ITAT In a…
AOP granted benefit of basic exemption limit by the ITAT holding that Maximum Marginal Rate was not applicable. In a…
Change of address in PAN Card not result change in Jurisdictional Assessing Officer automatically – High Court In a recent…
Hardship compensation received from builder not taxable being capital receipt - ITAT In a recent judgment, ITAT Mumbai has held…
Permission to persons resident outside India for purchase of Sovereign Green Bonds in the International Financial Services Centre (IFSC) in…
RBI has announced Premature redemption date/price for Sovereign Gold Bond 2018-19 VI Series Premature redemption under Sovereign Gold Bond (SGB)…
CIT revision order on the issue of Reduction in profit due to ICDS-V quashed by ITAT In a recent judgment,…
Plausible view taken by AO on surrender made by assessee not open to revision u/s 263 of the Income Tax…