Income Tax

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Excise duty and sales tax are indirect taxes, such taxes are to be excluded while calculating total turnover of assessee. ... Read more..

Where AO issued notice under section 153C to re-assess income of assessee for the assessment 2019-20 on the basis of information received from AO of searched person, which was pertaining to financial ... Read more..

Where original return was filed by assessee within the due date under section 139(1) and AO also accepted the revised return filed by assessee, wherein it made the claim of deduction under section 10B ... Read more..

Goods and Services Tax

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The assessees stand that the application for cancellation of GST registration was filed prior to the issuance of the Show Cause Notice would not be correct, as the letter from the Anti Evasion Commiss ... Read more..

Where petitioner was arrested for availment of ineligible Input Tax Credit by issuing fake tax invoices to various manufactures without actual supply of goods, however, no documentary evidence much le ... Read more..

Where assessees rectification application came to be rejected by order with direction upon him to file an appeal and despite the assessee filing the appeal, the same was rejected on the ground of limi ... Read more..

Company and Corporate Laws

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Prosecution proved its case against Tahsildar beyond reasonable doubt and charges against the Tahsildar namely under sections 7, 13(1)(d) and 13(2) were proved so as to hold him guilty of these offenc ... Read more..

Dispute between bank and appellants regarding recovering of debts was primarily of civil nature and the same was settled between them amicably, but CBI filed criminal proceedings against the appellant ... Read more..

Appellant filed an investigation petition under section 213(b) against company, but he was not a member of the company, therefore, he could not allege business of the company was being conducted in a ... Read more..


Capital Gains

Adjustment of Basic Exemption Limit Against Short-term Capital Gain

TDS and TCS

Failure to deduct tax under section 194Q

Capital Gains

Computation of capital gain vis-a-vis indexation--Investment in section 54EC Bonds

Capital Gains

Transfer of agricultural land on which no agricultural activities carried out--Exemption whether available

Charitable Trust

Registration under section 12AB or Approval under section 10(23C)(vi)--Gross Receipts likely to exceed Rs. 5 Crore limit

Capital Gains

Taxability of Transferable Development Rights (TDR)


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Statutes

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Bare Acts