Deduction 80IA allowed on conversion of partnership firm into company under Part IX of Companies Act 1956. Supreme Court upheld HC Order ABCAUS Case Law Citation:ABCAUS 3286 (2020) (03) SC Important case law relied upon by the parties:Giridhar G. Yadalam vs. Commissioner of Wealth Tax & Anr (2015) …
Where AO of searched person and other person same, there can be one satisfaction note prepared by the Assessing Officer (AO) – Supreme Court ABCAUS Case Law Citation:ABCAUS 3285 (2020) (03) SC Important case law relied upon by the parties:Commissioner of Income Tax v. Calcutta Knitwears (2014) 6 …
Trader in scrap not liable to collect TCS u/s 206C if scrap not a result of manufacturing ABCAUS Case Law Citation:ABCAUS 3284 (2020) (03) ITAT Important case law relied upon by the parties:Navine Fluorine International Ltd. vs. ACIT (TDS)Nathulal P. Lavti vs. ITO(TDS)M/s Bharti Auto Products vs. CITDhasawala …
Clarifications / FAQ on Direct Tax Vivad se Vishwas Bill 2020. CBDT has issued 55 FAQs on the provisions of the Vivad se Vishwas Bill 2020 Circular No. 7/2020 F. No. IT(A)11/2020-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes **** …
To obtain Judicial information through mechanism provided under High Court Rules, provisions of RTI Act not apply ABCAUS Case Law Citation:ABCAUS 3283 (2020) (03) SC Important case law relied upon by the parties:Central Public Information Officer, Supreme Court of India v. Subhash Chandra Agrawal 2019 (16) SCALE 40Raj …
TDS Surveys by Income Tax Department unearths huge defaults in deduction and deposit by hospitals, Real Estate Group and oil company Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, 4th March, 2020 PRESS RELEASE TDS Surveys by Income Tax Department unearths huge defaults …