Trust received fee for training hotel employees, treated as business income u/s 11(4A): ITAT

Case Details: UMAK Education Trust … Continue reading "Trust received fee for training hotel employees, treated as business income u/s 11(4A): ITAT" The post Trust received fee for training hotel employees, treated as business income u/s 11(4A): ITAT appeared first on Taxmann Blog.

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LTCG not considered genuine if shares bought in cash kept in broker’s pool a/c until sale: ITAT

Case Details: Abhishek Gupta v. … Continue reading "LTCG not considered genuine if shares bought in cash kept in broker’s pool a/c until sale: ITAT" The post LTCG not considered genuine if shares bought in cash kept in broker’s pool a/c until sale: ITAT appeared first on Taxmann Blog.

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AO can’t disregard TRC as it is sufficient evidence to claim treaty eligibility: Delhi HC

Case Details: Blackstone capital partners … Continue reading "AO can’t disregard TRC as it is sufficient evidence to claim treaty eligibility: Delhi HC" The post AO can’t disregard TRC as it is sufficient evidence to claim treaty eligibility: Delhi HC appeared first on Taxmann Blog.

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Expenses to get agreement with Ministry of Civil Aviation must be capitalized: HC

Case Details: Bangalore International Airport … Continue reading "Expenses to get agreement with Ministry of Civil Aviation must be capitalized: HC" The post Expenses to get agreement with Ministry of Civil Aviation must be capitalized: HC appeared first on Taxmann Blog.

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Income-tax Notice for a struck-off company valid if its name is restored by NCLT post-issuance: HC

Case Details: Ravinder Kumar Aggarwal … Continue reading "Income-tax Notice for a struck-off company valid if its name is restored by NCLT post-issuance: HC" The post Income-tax Notice for a struck-off company valid if its name is restored by NCLT post-issuance: HC appeared first on Taxmann Blog.

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[Opinion] Problematic Situation – Tribunal’s Decision to Club Grounds of Appeal Draws Criticism

Gopal Nathani – [2023] 146 … Continue reading "[Opinion] Problematic Situation – Tribunal’s Decision to Club Grounds of Appeal Draws Criticism" The post [Opinion] Problematic Situation – Tribunal’s Decision to Club Grounds of Appeal Draws Criticism appeared first on Taxmann Blog.

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Section 43B doesn’t apply to electricity duty payable to the State Government: HC

Case Details: PCIT v. Dakshin … Continue reading "Section 43B doesn’t apply to electricity duty payable to the State Government: HC" The post Section 43B doesn’t apply to electricity duty payable to the State Government: HC appeared first on Taxmann Blog.

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No deduction for decrease in value of unlisted company investments: HC

Case Details: M/s Ashok Leyland … Continue reading "No deduction for decrease in value of unlisted company investments: HC" The post No deduction for decrease in value of unlisted company investments: HC appeared first on Taxmann Blog.

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