"18 June 2020" Archive - Page 5

Real Estate Developers and Section 43CA

The provision was introduced in order to counter act the various decisions of high courts where it was held that provisions of Section 50C is not applicable when the seller holds the land or building or both as a capital asset. However , there are certain practical issues difficulties that arose due to the section....

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Posted Under: Income Tax |

FAQ’s on Consumer Court

Consumer Court FAQ’s Q.1. Who is a Consumer ? Ans: A Consumer is a person who purchases a product or avails a service for a consideration, either for his personal use or to earn his livelihood by means of self employment. The consideration may be: Paid Promised Partly paid and partly promised. It also includes […]...

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Posted Under: Income Tax |

SC slams Delhi Government for filling FIR against Doctor- directs for increasing tests & improving conditions in hospitals

Our country has been ruled by the invaders and kings for centuries. As a consequence to this, the present ‘rulers’ have a conviction that the government officials, be them administrative officers or doctors in Government hospitals are meek subordinates to the government without any right to expression, without a heart and with...

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Posted Under: Income Tax |

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