Day: October 29, 2018
48 articlesIncome Tax
Income Tax
Disallowance U/s. 36(1)(iii) justified for Interest-free loan to sister concern without commercial expediency
Income Tax
Income Tax
S. 43B Overdue interest converted into loan allowable only on payment
Income Tax
Income Tax
S. 80IB Deduction cannot be denied for mere non-submission of Form 10CCB Audit Report with Return
Income Tax
Income Tax
Period of holding whether to be reckoned from purchase agreement registration date or stamp date
Income Tax
Income Tax
Notional Income cannot be added for property lying vacant due to Act of Government
Income Tax
Income Tax
S. 276(C)(1) During pendency of stay application criminal prosecution should not be launched
Income Tax
Income Tax
S. 194H TDS- Incentive paid by dealers to sub-dealers cannot be equated with commission
Income Tax
Income Tax
Compensation/damage for settlement of dispute is capital receipt
Income Tax
Income Tax
S. 54 Cost of land cannot be segregated in computation of cost of new asset
Income Tax
Income Tax
Computation of Turnover in case of business of accommodation entries and applicability of Tax Audit
Service Tax
Service Tax
No service tax on activities undertaken in the capacity of a real estate developer
Income Tax
Income Tax
No Penalty U/s. 271AAA on Income surrendered during Assessment
Income Tax
Income Tax
Inclusion of Notional interest on interest-free security deposit in computation of annual value u/s 23(1)(b)
Income Tax
Income Tax
