Income Tax

  • Income Tax

Supplying blue prints can be technical services u/s 80-O but deduction rightly denied as they were not produced-SC

Supplying blue prints can be considered as technical services u/s 80-O but deduction rightly denied as they were not produced…

6 years ago
  • Income Tax

Reassessment on change of opinion on the same facts and circumstances as in original assessment proceedings invalid-SC

Reassessment on change of opinion on the same facts and  circumstances already in AO’s knowledge during the original assessment proceedings…

6 years ago
  • Income Tax

Guidelines for dealing with information under Benami Transactions Informants Reward Scheme 2018

Guidelines for dealing with information under Benami Transactions Informants Reward Scheme 2018.   The CBDT has laid down the guidelines for…

6 years ago
  • Income Tax

Benami Transactions Informants can get reward up to Rs. One crore under the Benami Transactions Informants Reward Scheme 2018

Benami Transactions Informants can get reward up to Rs. One crore under the Benami Transactions Informants Reward Scheme 2018 The…

6 years ago
  • Income Tax

Income Tax Informant can get reward up to Rs 5 crore under CBDT Income Tax Informants Rewards Scheme 2018

Income Tax Informant can get reward up to Rs 5 crore under CBDT Income Tax Informants Rewards Scheme 2018  CBDT…

6 years ago
  • Income Tax

LTCG on equity shares-Draft notification u/s 112A for withdraw of exemption u/s 10(38)

LTCG on equity shares-draft notification u/s 112A for withdraw of exemption u/s 10(38) of the Income-tax Act for comments/ suggestions…

6 years ago
  • Income Tax

Prosecution u/s 276C for late deposit of self assessment tax upheld

Prosecution u/s 276C for late deposit of self assessment tax. Late deposit of tax after the expiry of stipulated period…

6 years ago
  • Income Tax

Conversion of limited scrutiny to complete scrutiny is question of fact-High Court dismisses the writ

Conversion of limited scrutiny to complete scrutiny is question of fact. High Court dismisses the writ as petitioner had a…

6 years ago
  • Income Tax

Damages paid for violation of agreement to sell allowed as incurred in connection with the transfer for computing LTCG

Damages paid for violation of agreement to sell allowed as incurred in connection with the transfer of property for computing…

6 years ago
  • Income Tax

Market value of shares quoted in stock exchange can not be used for computing capital gains u/s 48

Market value of shares quoted in stock exchange can not be taken as a basis for computing capital gains under…

6 years ago