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Land cannot be treated as agricultural if Sale Deed demonstrate the same as industrial land

August 13, 2022 3906 Views 0 comment Print

Phool Singh Vs ITO (ITAT Delhi) ITAT do not find any merit into the objection of the assessee that the land in question being agricultural land cannot be treated as capital asset. The sale-deed itself goes to demonstrate that what was being transferred was an industrial land. Therefore, there is no ambiguity on these facts. […]

Only IRP can file Appeal against Assessment Order after declaration of Moratorium

August 13, 2022 858 Views 0 comment Print

Krishna Knitwear Technology Ltd. Vs DCIT (ITAT Mumbai) ITAT held that since proceedings under I&B code have already been initiated/decided and moratorium has been declared by prohibiting all the proceedings against the corporate debtors including execution of any judgment, decree or order of any court of law, tribunal, arbitration panel or other authority, present appeals […]

Inland Haulage Charges received by Shipping Companies not Taxable as Business Profit

August 13, 2022 1788 Views 0 comment Print

‘IHC’ cannot be disintegrated from profit derived from shipping business as envisaged under Article -8 of India-UAE DTAA. Ergo, ‘IHC’ are not taxable as business profit in India.

MahaRERA Model Form of Allotment Letter

August 12, 2022 7452 Views 0 comment Print

Submission of proforma of the allotment letter and agreement for sale at the time of registration of a real estate project in compliance of Clause (g) of Sub-section 2 of Section 4 of the Real Estate (Regulation and Development) Act, 2016.

How Bitcoin Motivates People

August 12, 2022 1245 Views 0 comment Print

Satoshi Nakamoto created Bitcoin, a virtual currency, in 2009 to respond to the 2008 financial crisis. This digital currency has had its share of success stories and, at the same time, negative accounts.

Why Bitcoin Price Drops

August 12, 2022 1440 Views 0 comment Print

The price of Bitcoin (BTC) has dropped dramatically in recent months due to significant turbulence in cryptocurrency markets. BTC is currently trading at around $22,000 as of this writing.

Is Bitcoin Better Than National Currencies and Gold?

August 12, 2022 1083 Views 0 comment Print

Bitcoin is no longer a thing of the future or the next big thing. It has arrived and is actively working to alter the global financial model as we have known it for the past century.

Is It Wise to Buy Bitcoin Now?

August 12, 2022 594 Views 0 comment Print

Bitcoin and other cryptocurrencies have hit a massive low in the past few months, which some experts believe is due to the war between Russia and Ukraine.

Guidelines on SOP for Work from Home under SEZ Rules

August 12, 2022 3027 Views 0 comment Print

Guidelines providing standard operating procedure for Work from Home (WFH) permission for implementation of Rule 43A of the Special Economic Zones (Third amendment) Rules, 2022 – Reg

Tariff Notification No. 68/2022-Customs (N.T.) Dated 12th August, 2022

August 12, 2022 969 Views 0 comment Print

Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Notification No. 68/2022-Customs (N.T.) – Dated- 12th August, 2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi Notification No. 68/2022-Customs (N.T.) | Dated: 12th August, 2022 S.O. 3801(E).—In exercise of the powers conferred by […]

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