#section 56
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811 articlesIncome Tax
Income Tax
High Share Premium With Weak Financials: ITAT Confirms Share Premium Addition
Income Tax
Income Tax
Joint Allottee, Old Payments, New Valuation: ITAT Remands s.56(2)(vii)(b) Addition for Fresh Examination
Income Tax
Income Tax
Interest Income Deduction Denial Reviewed: Section 263 Jurisdiction in Cooperative Societies
Income Tax
Income Tax
Loose Excel Sheet With Wrong Seller Name Can’t Justify On-Money Addition
Income Tax
Income Tax
ITAT Orders Fresh Review of Share Premium Addition After Error in Applying Venture Capital Exemption
Income Tax
Income Tax
ITAT Kolkata Deletes Section 56(2)(x) Addition for Govt. Property Purchase
Income Tax
Income Tax
AO Cannot Replace DCF with NAV Simply Due to Projection Variances
Income Tax
Income Tax
Wrong FMV Date and Cost Basis: ITAT Reverses AO’s Computation of Capital Loss
Income Tax
Income Tax
Revenue Appeal Dismissed: Cooperative Bank Income Deductible Under 80P(2)(d)
Income Tax
Income Tax
Gift from Brother-in-Law Not Taxable despite absence of deed: ITAT Kolkata
Income Tax
Income Tax
Voluntary Survey Disclosures Do Not Attract Section 115BBE: ITAT Jaipur
Income Tax
Income Tax
Bank Passbook Not ‘Book of Account’; Section 68 Addition Invalid, Rules ITAT
Income Tax
Income Tax
Penalty was quashed as Revenue could not treat sale price as ‘Tax Inclusive’ without Proof
Income Tax
Income Tax
