Nature-dependent electricity contracts receive new Ind AS accounting, hedge designation, transition and financial-statement disclosure requirements fr...
Alternative GST remedy permitted protective writ intervention for ex parte adjudication, preserving independent appellate review of input tax credit d...
Assessment against deceased sole proprietor requires proceedings against the legal representative, rendering prior assessment and appellate orders inv...
Residential waste collection classification under SAC 999423 defeats composite-supply exemption where facilitating goods are not transferred to the lo...
Condonation of delay permits statutory appeal restoration where inadequate service explanation prevented consideration of reassessment and taxable-inc...
Addition on sale of Transferable Development Rights (TDR) - AO noted that despite receiving income the assessee has not offered the same to tax - assessee had to surrender 27% of the vacant plot and in lieu thereof subsequently it got TDR - CIT(A) deleted the additions - CIT(A)’s order is nonspeaking and laconic cannot be sustained.
Addition on sale of Transferable Development Rights (TDR) - AO noted that despite receiving income the assessee has not offered the same to tax - assessee had to surrender 27% of the vacant plot and in lieu thereof subsequently it got TDR - CIT(A) deleted the additions - CIT(A)’s order is nonspeaking and laconic cannot be sustained.
Note: It is a system-generated summary and is for quick reference only.
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