#section 56
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811 articlesIncome Tax
Income Tax
Stamp value on agreement date should be applied for section 56(2)(vii)(b) if conditions fulfilled
Income Tax
Income Tax
No section 56(2)(vii)(b) addition for increase in stamp duty value post execution of purchase agreement
Income Tax
Income Tax
AO cannot mechanically apply provisions of section 56(2) to difference in value
Income Tax
Income Tax
Section 56 -Stamp duty value on agreement date is to be considered and not value on registration date
Income Tax
Income Tax
No penalty for addition under section 56(2)(x) due to deeming fiction
Income Tax
Income Tax
Implication of Transfer of Unquoated Shares for a consideration lower than Fair Market Value
Income Tax
Income Tax
List of relatives covered under Section 56(2) of Income Tax Act,1961
Fema / RBI
Fema / RBI
Transfer of Shares Through Gift – Income Tax and FEMA Regulations
Income Tax
Income Tax
CBDT notifies conditions for exemption to money received from employer or other person in Covid cases by family of deceased
Income Tax
Income Tax
Amount received for Covid-19 Treatment from any person- CBDT notifies conditions & Forms
Income Tax
Income Tax
Document to be submitted by employee to claim exemption on sum received for COVID-19 treatment
Income Tax
Income Tax
Expenses related to interest income allowable under Section 56
Income Tax
Income Tax
Defined of relative cannot be imported into Income Tax Act from Senior Citizens Act
Income Tax
Income Tax
