My client Sold Industrial Land for Rs 9.00 LAcs and the value assessee by registrar was rs 24.88 Lacs . In computing capital gain section 50c was not ... Read Full Issue

Can Joint Venture of A Prtnership Firm and Public Limited co Incorporate or convert in LLP

One of My client claim interest on housing loan Rs 77541 and setoff against Interest Income under head other sources . The owner of the House is ... Read Full Issue

The AO treat 25% of unverifible purchases as Income and trading addiion was made . Whether the AO can imposed penelty u\s 271(1)C or not . if not ... Read Full Issue

Wheterh AO can ractified the Order paases by himself u\s 143(3) of the Income Tax Act, 1961

THE AO ISSUED NOTICE U\S 131 TO THE PURCHSERERS AND SOME NOTICE RETRUN BACK AS MARK NOT FOUND OR ADDRESS IS NOT CORRECT , WHETHER THE AO CAN DEEMED ... Read Full Issue

My assessee is P ltd co , having Hotel building in books charged deprecition every year , sold the hotel building for Rs 10,00,000.00 but the value ... Read Full Issue

My assessee is p ltd co , in the year FY 2002-2003 the co fail to get accounts audited bacause the co has filed the pettion for removal of auditor ... Read Full Issue

Case laws on bogus purchases in favour of assessee Case law: 16 DTR 278 CIT V/s SINUJA FOODS P LTD (2008 (10) TMI 61 - HIGH COURT RAJASTHAN)

Case laws on bogus purchases in favour of assessee Case law: 16 DTR 278 CIT V/s SINUJA FOODS P LTD (2008 (10) TMI 61 - HIGH COURT RAJASTHAN)