Section 54F exemption not require that land on which construction of property is made must be owned by the assessee. Land and super structure are two different assets ABCAUS Case Law Citation:ABCAUS 3064 (2019) (07) ITAT Important Case Laws Cited/relied upon by the parties:Shri Ganesh Chawla vs. ACIT …
FAQs on Form GSTR-10 to be filed as final return on cancellation/surrender of GST Registration 1. What is Form GSTR-10? A taxable person whose GST registration is cancelled or surrendered has to file a return in Form GSTR-10 called as Final Return. This is statement of stocks held …
CBIC slightly amends circular clarifying applicability of GST on additional / penal interest to rectify an inadvertent error Corrigendum to Circular No. 102/21/2019-GST CBEC/20/16/4/2018-GSTGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsGST Policy Wing New Delhi, Dated the 15th July, 2019 To, The Principal Chief …
CBDT transfers 122 officers in the grade of Assistant/Deputy Commissioner of Income Tax. CBDT vide order dated 15th July has ordered transfers/postings in the grade of Assistant Commissioners of Income Tax (ACITs) / Deputy Commissioners of Income Tax (DCITs) (Local changes) with immediate effect. As per the said …
Arm’s length rate of interest is the rate prevalent in country of AEs where loan is received/consumed and not the country whose enterprise advances loans ABCAUS Case Law Citation: ABCAUS 3063 (2019) (07) ITAT Important Case Laws Cited/relied upon by the parties: CIT Vs. Tata Autocomp Systems Ltd. …
Capacity Utilization Adjustment in transfer pricing allowed for early years of operation where comparables had on average higher utilization ABCAUS Case Law Citation: ABCAUS 3062 (2019) (07) ITAT Important Case Laws Cited/relied upon by the parties: Global Vantedge (P) Ltd. Vs. DCIT E-Gain Communications Pvt. Ltd. 118 TTJ …
