Maheshbhai Shantibhai Patel Vs ITO (ITAT Ahmedabad) The taxability of undisclosed income detected in the course of search in the case of partnership firm where the assessee is a partner is in question. We shall first take a look into the second proposition raised on behalf of the assessee. On behalf of the assessee, it […]
1. On arrival of container at Parking Plaza, the Preventive Officer at ‘In Gate’ of the Parking Plaza shall verify the RFID electronic seal for tampering, if any, en route, through handheld/fixed reader/scanner alongwith the Container no., Seal no., Condition of the Seal, and the other information coded into the RFID e-seal
M/s. Tamilnadu Brick Industries Vs ITO (ITAT Chennai) Once registered GPA and JDA confers entitlement to developer to sell, convey or deed in any manner with 60% undivided share, etc., it would be construed nothing but transfer of property being land within meaning of section 2(47)(v). FULL TEXT OF THE ITAT JUDGMENT This appeal filed […]
In the article an effort has been to summarize all the provisions relating to Corporate Social Responsibility Activity under the Companies Act, 2013.
Tamilnadu Brick Industries Vs ITO (ITAT Chennai) The plea of the assessee is that the reckoning of date of transfer should be based on the execution of MOA dated 30.01.2012. The execution of MOA alone does not convey transfer of the schedule property to the developer within the meaning of section 2(47(v) of the Act […]
In continuation of order No. 62/2016 dated 07.04.2016, No. 177/2017 dated 10.10.2017 and 03/2018 dated 03.01.2018, the President is pleased to extend the ad-hoc appointments of the following Assistant Commissioner of Income Tax for the vacancy year 2014-15 from 07.04.2018 to 06.10.2018
We write this report in the middle of a full blow crisis that has, predictably, affected asset markets particularly currencies. Our consistent view over many years has been that a crisis draws out the worst fears in traders and investors, fears that dissipate as time goes by.
Provisions of Companies Act,1956 for Conversion of Loan into Equity Share Capital For the increase in the subscribed capital there are two requirements which a company have to follow 1. Terms and conditions approved by Central Government. 2. Issuance is according to Public Companies (Terms of Issue of Debenture raising of loans with the option […]
