Day: June 10, 2012
8 articlesIncome Tax

Income Tax
Negative goodwill arising on amalgamation credited to General reserve not taxable
Income Tax

Income Tax
No interest can be charged if not mentioned in assessment order
Income Tax

Income Tax
Reduction of share in the firm of existing partners, on admission of new partners, not taxable as capital gains
Income Tax

Income Tax
Sale of development rights taxable in the year of transfer though consideration is received in subsequent years
Income Tax

Income Tax
No Disallowance of expense under S. 40(a)(i) for payment of Expense to American Resident without deduction of Tax
Income Tax

Income Tax
Withdrawal of Exemption under Customs Act does not make assessee non-charitable
Income Tax

Income Tax
Now, pay income tax dues at banks
Income Tax

Income Tax
