Tenet Tax Daily June 07 2019
Legal heirs are not bound by the notice issued in name of deceased person: ITAT
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
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
Section 54 exemption not to be denied if delay in getting possession is on account of builder
Tenet Tax Daily June 05 2019
Manufacturing activity includes conversion of paddy into rice and is eligible for sec. 80-IA/80-IB deduction
Tenet Tax Daily June 04 2019
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
CIT(A) cannot declare TDS return filed by assessee as non-est: ITAT
Tenet Tax Daily June 01 2019
Payments of hiring charges for cranes not liable for sec. 194C TDS
Tenet Tax Daily May 31 2019
Method of determining FMV of shares consistently accepted in prior years cannot be changed by the Assessing Officer
Tenet Tax Daily May 30 2019
Excess jewellery found during search proceedings which belonged to the partners cannot be added in the hands of the firnm
Tenet Tax Daily May 28 2019
Tax payable in case assessee created provision for payment of his remuneration in books of account
Tenet Tax Daily May 27 2019
Non furnishing of PAN to Tax department will not lead to disallowance on non-deduction of tax.
Tenet Tax Daily May 25 2019
Capital expenditure – Sum forfeited by seller since buyer failed to pay full instalments for use & purchase of Windmill.
Tenet Tax Daily May 24 2019
Order invalidating settlement application – SetCom cannot give retrospective effect
Tenet Tax Daily May 23 2019
Jurisdiction of HC over order of ITAT is not dependent on situs of AO: Bombay HC
Tenet Tax Daily May 22 2019
Additions confirmed since there was mismatch between consumption of raw materials and output of products: HC
Tenet Tax Daily May 21 2019
Stay application cannot be decided by Assessing Officer by imposing conditions: Delhi HC
Tenet Tax Daily May 20 2019