Income-tax Proceedings Halted if the Petition as Corporate Debtor Admitted under IBC: ITAT

Case Details: Deputy Commissioner of … Continue reading "Income-tax Proceedings Halted if the Petition as Corporate Debtor Admitted under IBC: ITAT" The post Income-tax Proceedings Halted if the Petition as Corporate Debtor Admitted under IBC: ITAT appeared first on Taxmann Blog.

Continue ReadingIncome-tax Proceedings Halted if the Petition as Corporate Debtor Admitted under IBC: ITAT

[Opinion] Whether Section 50C Applicable while Computing Capital Gains on Transfer of Leased Hold Rights in Land?

CA Mukesh Kohli – [2023] … Continue reading "[Opinion] Whether Section 50C Applicable while Computing Capital Gains on Transfer of Leased Hold Rights in Land?" The post [Opinion] Whether Section 50C Applicable while Computing Capital Gains on Transfer of Leased Hold Rights in Land? appeared first on Taxmann Blog.

Continue Reading[Opinion] Whether Section 50C Applicable while Computing Capital Gains on Transfer of Leased Hold Rights in Land?

No Sec. 263 Revision for Sec. 56(2)(viib) on Holding-subsidiary Transactions: ITAT

Case Details: BLP Vayu (Project-1) … Continue reading "No Sec. 263 Revision for Sec. 56(2)(viib) on Holding-subsidiary Transactions: ITAT" The post No Sec. 263 Revision for Sec. 56(2)(viib) on Holding-subsidiary Transactions: ITAT appeared first on Taxmann Blog.

Continue ReadingNo Sec. 263 Revision for Sec. 56(2)(viib) on Holding-subsidiary Transactions: ITAT

New Definition & Classification of Micro, Small and Medium Enterprises (MSMEs)

Table of Contents Backdrop Definition … Continue reading "New Definition & Classification of Micro, Small and Medium Enterprises (MSMEs)" The post New Definition & Classification of Micro, Small and Medium Enterprises (MSMEs) appeared first on Taxmann Blog.

Continue ReadingNew Definition & Classification of Micro, Small and Medium Enterprises (MSMEs)

Provisional Approval Granted u/s 10(23C) isn’t Equivalent to Grant of Registration for Purpose of Sec. 11(7): ITAT

Case Details: Indian Institute of … Continue reading "Provisional Approval Granted u/s 10(23C) isn’t Equivalent to Grant of Registration for Purpose of Sec. 11(7): ITAT" The post Provisional Approval Granted u/s 10(23C) isn’t Equivalent to Grant of Registration for Purpose of Sec. 11(7): ITAT appeared first on Taxmann Blog.

Continue ReadingProvisional Approval Granted u/s 10(23C) isn’t Equivalent to Grant of Registration for Purpose of Sec. 11(7): ITAT

CBDT Revises Monetary Limits to Decide Condonation Requests in Refund Claims & Carry Forward Losses

Circular No. 07/2023, dated 31-05-2023 … Continue reading "CBDT Revises Monetary Limits to Decide Condonation Requests in Refund Claims & Carry Forward Losses" The post CBDT Revises Monetary Limits to Decide Condonation Requests in Refund Claims & Carry Forward Losses appeared first on Taxmann Blog.

Continue ReadingCBDT Revises Monetary Limits to Decide Condonation Requests in Refund Claims & Carry Forward Losses

Sec. 10(37) Exemption not Denied Solely due to State Goverment Compensation Order: ITAT

Case Details: Income-tax Officer v. … Continue reading "Sec. 10(37) Exemption not Denied Solely due to State Goverment Compensation Order: ITAT" The post Sec. 10(37) Exemption not Denied Solely due to State Goverment Compensation Order: ITAT appeared first on Taxmann Blog.

Continue ReadingSec. 10(37) Exemption not Denied Solely due to State Goverment Compensation Order: ITAT

CBDT Extends Scope of Non-applicability of Sec. 56(2)(x) to Strategic Disinvestment

Notification no. 35/2023, dated 31-05-2023 … Continue reading "CBDT Extends Scope of Non-applicability of Sec. 56(2)(x) to Strategic Disinvestment" The post CBDT Extends Scope of Non-applicability of Sec. 56(2)(x) to Strategic Disinvestment appeared first on Taxmann Blog.

Continue ReadingCBDT Extends Scope of Non-applicability of Sec. 56(2)(x) to Strategic Disinvestment

No Additions without bringing Fact that Investment in Foreign Assets from Black Money Earned in India: ITAT

Case Details: Sri Srinjoy Bose … Continue reading "No Additions without bringing Fact that Investment in Foreign Assets from Black Money Earned in India: ITAT" The post No Additions without bringing Fact that Investment in Foreign Assets from Black Money Earned in India: ITAT appeared first on Taxmann Blog.

Continue ReadingNo Additions without bringing Fact that Investment in Foreign Assets from Black Money Earned in India: ITAT