#section 56
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811 articlesIncome Tax
Income Tax
ITAT Deletes Section 56(2)(x) Addition as Property Agreement Predated Provision
Income Tax
Income Tax
Lump-Sum Alimony vs. Monthly Maintenance :Tax Treatment
Income Tax
Income Tax
Addition on Property Purchase Deleted as Agricultural Land Was Beyond Municipal Limits
Income Tax
Income Tax
Gift of property to wife not colourable device to taint claim of exemption u/s. 54F
Income Tax
Income Tax
Capitalisation in Books Does Not Decide Tax Deduction, Marketing Spend Allowed as Revenue
Income Tax
Income Tax
840-Day Appeal Delay Not Condoned; Blaming CA Not Sufficient Cause: ITAT Bangalore
Income Tax
Income Tax
No Section 263 Revision When Two Views Possible on Section 28 Interest on Enhanced Compensation
Income Tax
Income Tax
Revision u/s. 263 of Income Tax Act quashed as AO took plausible view
Income Tax
Income Tax
ITAT Pune Allows Sec 80P Deduction; Bank Deposit Interest Eligible as Business Income
Income Tax
Income Tax
ITAT Kolkata – Exemption U/s 10(38) Allowed; AO Cannot Alter Cost of Acquisition in Year of Sale
Income Tax
Income Tax
ITAT Kolkata – Addition U/s 56(2)(viib) Deleted; AO Cannot Replace Assessees DCF Valuation with NAV Method
Income Tax
Income Tax
80P(2)(a)(i) Deduction on Bank Interest Upheld – Totgars Distinguished: ITAT Chennai
Income Tax
Income Tax
Section 263 Revision Upheld Due to AO’s Failure to Examine ₹669 Crore Trust Receipt
Goods and Services Tax
Goods and Services Tax
