Type: Judiciary
66,432 articlesIncome Tax
Income Tax
Consideration for obtaining leasehold rights for 99 years is capital in nature
Income Tax
Income Tax
Amount paid by firm to partners or vice versa is not a loan
Service Tax
Service Tax
Advance ruling on service tax issue sought – Application rejected as applicant does not qualify to do so as per Sec 96A(C) and 96C(2) of the Finance Act, 1994
Income Tax![CIT v. Thayaballi Mulla Jeevaji Kapasi [1967] 66 ITR 147 (SC)](https://taxguru.in/wp-content/uploads/2026/07/Categories_SUPREME-Court.jpg)
Income Tax
CIT v. Thayaballi Mulla Jeevaji Kapasi [1967] 66 ITR 147 (SC)
Service Tax
Service Tax
Activity in respect of which advance ruling is sought must be the one which is proposed to be provided
Income Tax
Income Tax
Interest paid on borrowed capital allowable if used for commercial expediency
Income Tax
Income Tax
Section 40A(3) Exceptions of Rule 6DD are not exhaustive and must be interpreted liberally
Income Tax
Income Tax
Registration U/s. 12A cannot be denied if CIT not doubted genuineness of activities of trust
Income Tax
Income Tax
s. 54 – Depositing of unutilised portion of capital gain in notified scheme up to expiry of time-limit for filing return U/s. 139(4)
Income Tax
Income Tax
