• Income Tax

Deduction 33AB first allowed from composite income before apportionment under Rule 8(1) between agricultural non-agricultural

10 years ago

Deduction 33AB first allowed from composite income before apportionment under Rule 8(1) between agricultural non-agricultural The deduction u/s 33AB of…

  • Income Tax

Loans Advance given on interest not deemed dividend u/s 2(22)(e) as shareholder not derive benefit from funds of company

10 years ago

Loans Advance given on interest not deemed dividend u/s 2(22)(e) as shareholder not derive benefit from funds of company When…

  • Income Tax

Property Fair market value as on 01-04-1981 based on market rates taken from Sub-Registry records not without basis

10 years ago

Property Fair market value as on 01-04-1981 based on market rates taken from Sub-Registry records not without basis The fair…

  • Income Tax

Allowability of interest as cost of acquisition of capital asset u/s 48(ii) debatable, not open for revision u/s 263

10 years ago

Allowability of interest as cost of acquisition of capital asset u/s 48(ii) is highly debatable, not open for revision u/s…

  • Income Tax

CIT Appeals order passed ex parte without giving another opportunity or mentioning reasons for additions sustained is bad

10 years ago

CIT Appeals order passed ex parte without giving another opportunity or mentioning reasons for additions sustained is bad INCOME TAX…

  • Income Tax

CBDT Revised Guidelines for Implementation of Transfer Pricing Provisions Instruction No. 03/2016

10 years ago

CBDT Revised Guidelines for Implementation of Transfer Pricing Provisions Instruction No. 03/2016 Instruction No. 3/2016 F. No. 500/9/2015-APA-IIGovernment of IndiaMinistry…

  • Income Tax

Verification of Genuineness of Agricultural Income of more than Rs. 1 crores shown in ITR filed for AY 2007-08 to 2015-16

10 years ago

Verification of Genuineness of Agricultural Income of more than Rs. 1 crores shown in the Income Tax Return filed by…

  • Income Tax

CIT Revision u/s 263 unjustified that income surrendered u/s 133A to be taxed separately u/s 69A not as business income

10 years ago

CIT Revision u/s 263 unjustified alleging wiping out income surrendered u/s 133A treating it business income and not separately u/s…

  • Income Tax

Revision u/s 263 not justified in case of best judgment assessment u/s 144 for non co-operation by assessee

10 years ago

Revision u/s 263 not justified in case of best judgment assessment u/s 144 for non co-operation by assessee INCOME TAX…

  • Companies Act

Buy back calculations when audited accounts more than six months old-MCA Notification

10 years ago

Buy back calculations when audited accounts more than six months old-MCA Notification Government of IndiaMinistry of Corporate Affairs Notification New…