June 2019 – Page 2 – Tenet Tax & Legal Private Limited

Corporate Tax

Ceasing of liability of shipping agent to pay port storage rent back to customer – Sec. 41(1) additions justified

Tenet Tax Daily June 06 2019

on June 10, 2019

Corporate Tax

Sum received by partners towards their share in assets on retirement from firm is not liable to capital gain tax

Tenet Tax Daily June 08 2019

on June 10, 2019

Corporate Tax

Section 54 exemption not to be denied if delay in getting possession is on account of builder

Tenet Tax Daily June 05 2019

on June 5, 2019

Corporate Tax

Manufacturing activity includes conversion of paddy into rice and is eligible for sec. 80-IA/80-IB deduction

Tenet Tax Daily June 04 2019

on June 4, 2019

Corporate Tax

Rejection of Sec. 10(22) exemption is correct since assessee-society purchased property in name of secretary and manager

Tenet Tax Daily June 03 2019

on June 3, 2019

Corporate Tax

CIT(A) cannot declare TDS return filed by assessee as non-est: ITAT

Tenet Tax Daily June 01 2019

on June 1, 2019