Tax Exemption judiciary-2

Section 10(23AA) Exemption Allowed to whom- HC Analyses

CIT Vs Army Wives Welfare Association (Allahabad High Court)

As per Section 10(23AA), the exemption can be for the income received by any person on behalf of any regimental fund or non-public fund established by the armed forces of the Union for the welfare of the past and present members....

Read More

Reopening not permissible on the ground of expense which was not claimed by Assessee

Sandip Bhikhubhai Padsala Vs. ITO & Anr. (Gujarat High Court)

Assessee sold 3,10,000 shares and claimed resulting gains as exempt under section 10(38). AO denied the exemption on the ground that as the shares were not held by the assessee for more than 12 months period, therefore, same could not be considered as long-term capital assets. ...

Read More

Browse All Categories

CA, CS, CMA (4,816)
Company Law (6,189)
Custom Duty (7,803)
DGFT (4,247)
Excise Duty (4,368)
Fema / RBI (4,249)
Finance (4,462)
Income Tax (33,518)
SEBI (3,536)
Service Tax (3,564)

Search Posts by Date

July 2020
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031