#section 24
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235 articlesIncome Tax

Income Tax
Own Funds Exceed Investments & Advances: ITAT Deletes ₹30.58 Lakh Interest & TP Additions
Corporate Law

Corporate Law
Section 24 Land Acquisition Lapse Requires Both Conditions: SC Constitution Bench
Income Tax

Income Tax
Section 50C Could Not Apply to Relinquishment of Specific Performance Right: ITAT Chennai
Income Tax

Income Tax
STT-Paid Share Loss Cannot Be Carried Forward Under Section 10(38): ITAT Delhi
Fema / RBI

Fema / RBI
FEMA NOC Rejection Without Investigation Nexus Set Aside: Karnataka HC
Income Tax

Income Tax
Section 263: PCIT Cannot Substitute Opinion for AO’s Enquiry & Plausible View
Income Tax

Income Tax
Visakhapatnam ITAT Refuses 792-Day Delay Condonation for Unsupported Medical Plea
Fema / RBI

Fema / RBI
ED Cannot Attach Bona Fide Buyers’ Accounted Plots for Developer’s Fraud: SAFEMA
Income Tax

Income Tax
Ahmedabad ITAT: AO Must Refer Disputed Stamp Duty Value to DVO Under Section 56(2)(x)
Fema / RBI

Fema / RBI
SAFEMA Tribunal Upholds PMLA Attachment, Rejects Manik Bhattacharya’s Appeals
Income Tax

Income Tax
AO Cannot Reject Registered Valuer’s Report Without DVO Reference: ITAT Delhi
Income Tax

Income Tax
Section 148 Notice Quashed as Amended Section 55A Inapplicable: Gujarat HC
Income Tax

Income Tax
Maintenance Charges for Amenities Under Separate Agreements Are Business Income: ITAT Delhi
Income Tax

Income Tax
