#Vasundhra Rastogi
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26 articlesIncome Tax

Income Tax
Provision made for liability in terms of proposed recommendation of 6th Pay Commission was to be allowed as deduction
Income Tax

Income Tax
Lease cannot be termed as sale if ownership rights not extinguished
Income Tax

Income Tax
Exemption u/s 10 (23C) (vi) available only to approved educational institutions in existence
Income Tax

Income Tax
Installation of plant and machinery in building would amount to use of building to claim depreciation u/s 32
Income Tax

Income Tax
Section 147 can be invoked only if AO has reason to believe that taxable income has escaped assessment
Income Tax

Income Tax
Sec.292BB- Service of Notice- Objection raised prior to completion of reassessment is valid
Income Tax

Income Tax
In absence of incriminating material found during search, reference to DVO is invalid
Income Tax

Income Tax
Amount received by a prospective employee as compensation for denial of employment is capital receipt
Income Tax

Income Tax
In absence of intention to deal in land on regular basis, income earned from sale of land is taxable as capital gain
Income Tax

Income Tax
S. 254 Tribunal can consider the plea not raised before CIT (A)
Income Tax

Income Tax
Disallowance of interest on presumption of use in capital work-in-progress not sustainable
Income Tax

Income Tax
Deduction U/s. 10A cannot be disallowed for mere belated receipt of export proceeds
Income Tax

Income Tax
No addition for expense shown in projected P&L A/c without showing corroborative evidences
Income Tax

Income Tax
