Section 54 Cost of new residential house includes cost of land construction materials labour & other cost of construction of residential house
Securities and Exchange Board of India Circular No. SEBI/HO/MRD/DCAP/P/CIR/2022/110 | Dated: August 19, 2022 All Depositories All Asset Management Companies Dear Sir/Madam, Sub: Participation as Financial Information Providers in Account Aggregator framework 1. An Account Aggregator (AA), is a Reserve Bank of India (RBI) regulated Non-Banking Finance Company (NBFC) that facilitates retrieval or collection of financial […]
Not following order of HC or SC would amount to mistake/error which is rectifiable under provisions of Section 154 of Customs Act, 1962
Where there were divergent views on the issue and even if it is ultimately settled against the assessee, extended period cannot be invoked.
National CSR Exchange Portal as a PAN based E-Marketplace in which implementing agencies & CSR spending companies can work together
An order of winding-up which automatically came into force upon a default in compliance with the consent terms executed on behalf of the company, and its directors could not be placed on the same pedestal as an order passed on merits, especially in a case like the one at hand where it appeared to be in the nature of a device to obviate the liability at that moment. Therefore, the court dismissed the application for quashing of the complaints under section 138 read with 141 of the NI Act.
It is an admitted position that the alleged expenses incurred by the Assessee were business expenses of the company and therefore no personal benefit accrues to the Assessee as alleged by the authorities below. Hence, this Section 2(22)(e) of Income Tax Act, 1961 cannot be invoked by alleging that Assessee had benefitted.
Bond is a financial instrument which is offered as a security to loans offered to an investor that are issued by a government or corporate entity.
Is fixed deposit the best investment option? Learn about the benefits and drawbacks of fixed deposits and make an informed decision.
A trust that gathers funds from various investors with a shared investing goal. The money is then invested in stocks, bonds, money market instruments, and other securities.
