Courts: ITAT Kolkata
1,704 articlesIncome Tax
Income Tax
Sale price of shares cannot be apportioned towards transfer of controlling interest, where there is no express written understanding
Income Tax
Income Tax
Employee’s contribution to EPF is covered by section 36(1)(va) r.w. s. 2(24)(x)
Income Tax
Income Tax
Sec. 269SS Contribution towards share application money received in cash is not loan or deposit
Income Tax
Income Tax
Penalty – additions accepted does not necessarily attract penalty
Income Tax
Income Tax
SB rules income from derivative trading in shares prior to financial year 2005-06 is speculation income
Income Tax
Income Tax
Derivative transactions prior to amendment in section 43(5) (effective from AY 2006-07) are speculative transaction
Income Tax
Income Tax
Derivatives in which underlying asset is shares, will fall within the meaning of ‘commodity’ used in Sec. 43(5) of the Act
Income Tax
Income Tax
Co-operative credit society is not a co-operative bank and not entitled to any deduction u/s. 80P(2)(a)(i) as a bank
Income Tax
Income Tax
Futures & Options are speculative transactions u/s 43(5), S.43(5)(d) is not retrospective
Income Tax
Income Tax
