Courts: ITAT Ahmedabad
2,451 articlesIncome Tax
Income Tax
B/F unabsorbed depreciation can be set off against Unexplained Income U/s. 68
Income Tax
Income Tax
Reasonable remuneration paid to secretary of trust, who is also a trustee is allowable
Income Tax
Income Tax
Differential treatment cannot be meted out to another co-owner while making assessment of same property
Income Tax
Income Tax
Business loss can be set off against addition u/s. 68 or undisclosed income
Income Tax
Income Tax
Assessee cannot legally collect TCS from buyers who furnishes section 206C(1A) declaration
Income Tax
Income Tax
Family arrangement cannot be regarded as being without consideration
Income Tax
Income Tax
Sec. 54EC- Six months means six calendar months and not 180 days
Income Tax
Income Tax
Section 54F not available if construction of house takes place prior to transfer
Income Tax
Income Tax
S. 54F Investment can be made from amount other than the sale consideration
Income Tax
Income Tax
Penalty u/s 271D cannot be levied for cash deposited in bank by company director for making urgent payments to suppliers
Income Tax
Income Tax
S. 41(1) Merely because liabilities were outstanding for last many years, it cannot be said that said liabilities ceased to exist
Income Tax
Income Tax
Interest cannot be disallowed if huge interest free funds were available without any interest
Income Tax
Income Tax
No Proportionate disallowance of Interest u/s 14A if investments in shares been made from interest free funds
Income Tax
Income Tax
