Courts: Andhra Pradesh HC
463 articlesIncome Tax
Income Tax
Single Centering & shuttering material used in construction can be treated as plant
Excise Duty
Excise Duty
Input credit not allowed if Final Product exempt from Tax and such duty cannot be refunded
Income Tax
Income Tax
Whenever order of Re-assessment is passed, Period of Limitation will start from the date of Re-assessment order and not from Original Assessment order
Income Tax
Income Tax
Section 263 could be invoked if both the ingredients are satisfied
Income Tax
Income Tax
S. 263 Only precondition for revising order of AO is that order of AO should be erroneous
Income Tax
Income Tax
Once an assessment is re-opened by virtue of order passed by CIT U/s. 263, the initial order of assessment ceases to be operative
Income Tax
Income Tax
Godown Rent cannot be treated as business Income as it’s not a continuous activity from year to year
Income Tax
Income Tax
Income from Renting of Godown cannot be treated as Business income merely on the basis of Partnership Deed
Income Tax
Income Tax
Explanation 3C to section 43B will have retrospective effect for actual payments
Income Tax
Income Tax
Tax deducted is income received U/s 198 of the IT Act
Income Tax
Income Tax
No Section 54F exemption on Property Purchased in married daughters name
Income Tax
Income Tax
Explanation 3 to section 147 has no application In relation to issue cropped up subsequent to original assessment on new set of facts
CA, CS, CMA
CA, CS, CMA
Revision of audited report by CA before adoption of earlier audit report in AGM would not constitute misconduct
Income Tax
Income Tax
