Penny Stock decision on 2nd Aug, 2018: Claiming of exemption u/s 10(38) is valid as transactions were carried through Demat account and banking channel on which STT has been paid by assessee. Name of the assessee did not appear therein…
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मित्रों कटक ट्रिब्यूनल ने XAVIER INSTITUTE OF MANAGEMENT vs. INCOME TAX OFFICER के केस में 27 जुलाई 2018 को फैसला दिया है कि अगर किसी एजुकेशन इंस्टीट्यूट द्वारा ट्रेनिंग एवं कंसल्टेंसी का कोई प्रोग्राम चलाया जाता है और उसमें आय…
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अगर कोई पार्टनर जमीन या अन्य fixed assets पार्टनरशिप फर्म में केपिटल के रूप में लाता है तो पार्टनरशिप फर्म में जो वैल्यू बुक्स में दिखाई जाएगी उसको consideration मानकर कैपिटल गेन का कैलकुलेशन होगा इसमें धारा 50C नहीं लगेगी…
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In the case of bogus purchases only profit element embedded in such purchases is to be taxed but not total bogus purchases. ACIT v. Technotrade Impex India Pvt. Ltd. & Vice-Versa ITA No. 5382 & 5383/Mum/2016, C.O.Nos.158 & 160/Mum/2017 When…
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Presumptive Taxation Scheme-section 44AD आयकर रिटर्न भरने की सरल विधि A. इस स्कीम मे निम्न रिटर्न भर सकते हैं Resident individual ध्यान रहे एन आर आई इसमें नहीं भर सकते HUF Resident Partnership LLP नहीं B. इस स्कीम मे निम्न…
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On July 18, 2018 ITAT Delhi hold that the reassessment framed by the AO u/s 143(3)/147 of the Act, in the present case, on the basis of the notice issued u/s 143(2) of the Act dated 12.10.2011 i.e. prior to…
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Note-sheet-for-partnership-deed-and-Firm-Registration-Fees-final-2 (1)
Note-sheet-for-partnership-deed-and-Firm-Registration-Fees-final-2 _1_
If Assessee proved identity, creditworthiness as well as genuineness of transactions then the Assessee had discharged its primary onus on providing complete details in respect of loan transactions and if AO failed to carry out any fruitful investigation then no…
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