Sale of Mutual fund exempted from capital gain tax. CBDT notifies more transactions not regarded transfer u/s 2(47) MINISTRY OF…
Deduction 80IA allowed on conversion of partnership firm into company under Part IX of Companies Act 1956. Supreme Court upheld…
Where AO of searched person and other person same, there can be one satisfaction note prepared by the Assessing Officer…
Trader in scrap not liable to collect TCS u/s 206C if scrap not a result of manufacturing ABCAUS Case Law…
Clarifications / FAQ on Direct Tax Vivad se Vishwas Bill 2020. CBDT has issued 55 FAQs on the provisions of…
TDS Surveys by Income Tax Department unearths huge defaults in deduction and deposit by hospitals, Real Estate Group and oil…
Reversal of earlier order by ITAT based on judgment of non jurisdictional High Court. Question kept open though SLP dismissed…
Foreign exchange forward contract incidental to export business to cover up losses due to foreign exchange rate variation not speculative…
Denial of Registration 12AA for not spending income by trust. CIT to consider issue u/s 12AA(3) if the facts justify…
Registration u/s 12AA can not be denied for non-commencement of activities. Registration can be applied for by a new trust.…