#section 56
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811 articlesIncome Tax

Income Tax
Exclusion of Tax neutral transfers from the scope of section 56
Income Tax

Income Tax
Budget 2018 Impact on Deemed Income arising on sale/ purchase of immovable property
Income Tax

Income Tax
No adjustment if variation between stamp duty value & sale consideration not exceeds 5%
Income Tax

Income Tax
Section 56: Increase exemption limit from Rs. 50,000 to Rs. 5 lakhs
Income Tax

Income Tax
Section 56(2)(ix): Taxability of forfeited advance for transfer of a capital asset: Budget Suggestions
Income Tax

Income Tax
ICAI suggests inclusion of Relatives of HUF in Definition of term relative U/s. 56(2)(vii)
Income Tax

Income Tax
ITAT explains Meaning of term “relative” in context of HUF
Income Tax

Income Tax
AO cannot treat advances as gift merely on assumptions and presumptions
Income Tax

Income Tax
Receipt of alimony from ex-husband is nothing but Gift and is exempt
Income Tax

Income Tax
Validity of Reassessment to verify genuineness of gift based on Assessment of relatives
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Income Tax
Transfer of property to daughter through sale deed cannot be treated as gift
Finance

Finance
Valuation of unquoted shares…some distance to go
Income Tax

Income Tax
Family Arrangement
Income Tax

Income Tax
