Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
Presumptive income - enhancement of threshold limits - U/s 44AD if 95% of gross receipts and payments through no-cash mode than limit of presumptive taxation increased to ₹10 cr in case of trading concerns - Further U/s 44ADA if cash receipts are not more than 5% than presumptive taxation limit for professionals having gross receipts up to ₹75 Lakhs.
Presumptive income - enhancement of threshold limits - U/s 44AD if 95% of gross receipts and payments through no-cash mode than limit of presumptive taxation increased to ₹10 cr in case of trading concerns - Further U/s 44ADA if cash receipts are not more than 5% than presumptive taxation limit for professionals having gross receipts up to ₹75 Lakhs.
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