Day: October 3, 2015
24 articlesIncome Tax
Income Tax
Penalty cannot be imposed for mere non acceptance of evidences during Quantum Assessment
Income Tax
Income Tax
TDS on exempt income allowable in the year of deduction of Tax
Income Tax
Income Tax
Character of land at the time of sale relevant to consider nature of income, period of holding not relevant
Income Tax
Income Tax
Disallowance of interest on presumption of use in capital work-in-progress not sustainable
Income Tax
Income Tax
Deduction U/s. 10A cannot be disallowed for mere belated receipt of export proceeds
Income Tax
Income Tax
No addition for expense shown in projected P&L A/c without showing corroborative evidences
Income Tax
Income Tax
Wealth Tax Exemption for Commercial property available if used for business by others
Income Tax
Income Tax
Functionally dissimilar company cannot be considered as comparable for computation of ALP
Income Tax
Income Tax
Business Transactions/Salary do Not come within purview of Section 2(22)(e)
Income Tax
Income Tax
Penalty U/s 271(1)(b) cannot be imposed without giving reasonable opportunity of being heard to Assessee
Income Tax
Income Tax
Reimbursement of expenses will be included in calculating taxable receipts u/s 44BB
Income Tax
Income Tax
Ownership of land is required for claiming deduction u/s 80IB(10)
Income Tax
Income Tax
Disallowance u/s 14A cannot be made on ad-hoc basis
Income Tax
Income Tax
