Case Law Details
Case Name : Vls Finance Ltd. & Ors. Vs The Assistant Commissioner of Income Tax & Another (Delhi High Court)
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VLS FINANCE LTD & ORS. Versus THE ASSISTANT COMMISSIONER OF INCOME TAX W.P.(C) 19774-75/2005
O R D E R
10.01.2011
The petitioner- assessee was assessed under Section 143(3) of the Income Tax Act, 1961 (Act, for short) for the assessment year 1998-99 and eventually the said assessment order was framed vide order dated 31st March, 2001. Assessment order under Section 143(3) o the Act for the assessment year 1999-2000 was passed on 31st March, 2001. On 25th June, 2001, an order of assessment was passed under Section 143(3) of the Act for the assessment year 2000-01. On 21st October, 2002, the...
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i have invested Rs 2 lac in post office mis scheme in sept 2010 is the scheme fully tax free and is tds applicable ?
As per NOTIFICATION no. G.S.R. 521(e), dated 1-8-2007 under para (2) it was stated that ” They shall come into force on the date of their publication in the Official Gazette.2. 2. In the Post Office (Monthly Income Account) Rules, 1987 “.
Does this amendment apply to the accounts already opened and running prior to the date of notification?. Can one proceed with further deposits in the account till the ceiling of 9 lakhs is reached in a joint account ?
I have a querry regarding HUF can a family having only females (A widow mother and her daughters) form a HUF?