#section 73
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497 articlesIncome Tax

Income Tax
Allowability of Interest when Assessee has also advanced interest free loan to sister concern
Income Tax

Income Tax
Speculation loss can be set off against delivery based profits
Income Tax

Income Tax
Any company whose principal business is banking or granting of loans and advances will not be attracted by explanation to section 73 of the IT Act, 1961
Income Tax

Income Tax
Losses could not be ignored in determining the applicability of exception clause of Explanation to section 73
Income Tax

Income Tax
If part of company business is deal in shares then all types of transactions, whether delivery based or non-delivery based, will be treated as speculative transactions
Excise Duty

Excise Duty
If ST 3 returns and CENVAT credit returns are filed, then department cannot ask for tax beyond 1 year
Income Tax

Income Tax
