#Section 12
Log in to FollowSection 12 of Income Tax Act, 1961
Income Tax
Income Tax
Amalgamation Shares Taxable Only If Real Income Arises
Income Tax
Income Tax
Wrong Form 10BB Entry Leads to Denial of Section 11 Exemption
Custom Duty
Custom Duty
SEZ Electricity Not Liable to Customs Duty Due to No Import Event: SC
Income Tax
Income Tax
Internal Government Process No Ground for Delay Condonation
Income Tax
Income Tax
Consultancy Fees Held Not Taxable Due to Failure of “Make Available” Test
Income Tax
Income Tax
Exemption Allowed Because Auditorium Hiring Was Incidental to Charity
Income Tax
Income Tax
Charitable Status Denied Because Activities Were Commercial in Nature
Income Tax
Income Tax
CSR Grants Are Tied-Up Funds, Not Free Income of Charitable Trust
Income Tax
Income Tax
Section 11 Exemption Allowed Despite Delay in Form 10BB
Income Tax
Income Tax
Appeals Rejected Due to Unexplained Nine-Year Delay in Filing
Income Tax
Income Tax
Reassessments Quashed Due to Lack of Year-Specific Seized Material: SC
Income Tax
Income Tax
Filing ITR-7 Instead of ITR-5 Doesn’t Invite Automatic Disallowance
Corporate Law
Corporate Law
Cement and packing materials cannot be charged separately, consolidated sales tax rate applied
Income Tax
Income Tax
