Answers to queries on legal issues
| Regarding Faceless assessment | |
|---|---|
| Subject: | Regarding Faceless assessment |
| Category: | Income-Tax |
| Asked by: | Suresh Goyal |
| Answered by: | Reply of the Expert is awaited; |
| Tags: | Faceless assessment |
| Date: | October 29, 2024 |
| Excerpt of answer: | Reply of the Expert is awaited. Please check back later |
| Judge has ordered for final hearing | |
|---|---|
| Subject: | Judge has ordered for final hearing |
| Category: | General Law |
| Asked by: | Shashank |
| Answered by: | Research Team |
| Tags: | delay, final hearing |
| Date: | October 29, 2024 |
| Excerpt of answer: |
It is the discretion of the Judge to hear the case or give an adjournment . (read more)
|
| TDS Credit not Allowed by CPC for AY 2023-24 | |
|---|---|
| Subject: | TDS Credit not Allowed by CPC for AY 2023-24 |
| Category: | Income-Tax |
| Asked by: | Sivakumar.E |
| Answered by: | Reply of the Expert is awaited; |
| Tags: | CPC, credit for TDS, Credit of TDS, Processing of Tax Return by CPC |
| Date: | October 24, 2024 |
| Excerpt of answer: | Reply of the Expert is awaited. Please check back later |
| Applicability of Section 45(5A) on rural agricultural land transferred under JDA | |
|---|---|
| Subject: | Applicability of Section 45(5A) on rural agricultural land transferred under JDA |
| Category: | Income-Tax |
| Asked by: | Pratheek M Bhat |
| Answered by: | Reply of the Expert is awaited; |
| Tags: | Agricultural land, Joint Development Agreement |
| Date: | October 22, 2024 |
| Excerpt of answer: | Reply of the Expert is awaited. Please check back later |
| Formation of Trust for ring fencing and retirement income | |
|---|---|
| Subject: | Formation of Trust for ring fencing and retirement income |
| Category: | Income-Tax |
| Asked by: | Akshay |
| Answered by: | Reply of the Expert is awaited; |
| Tags: | Private Trust, Taxation of Trusts |
| Date: | October 22, 2024 |
| Excerpt of answer: | Reply of the Expert is awaited. Please check back later |
| 131 (1A) Summons to NRI | |
|---|---|
| Subject: | 131 (1A) Summons to NRI |
| Category: | Income-Tax |
| Asked by: | Adarsh Jain |
| Answered by: | Reply of the Expert is awaited; |
| Tags: | 131 (1A) Summons to NRI |
| Date: | October 22, 2024 |
| Excerpt of answer: | Reply of the Expert is awaited. Please check back later |
| easementary right on agriculture properties | |
|---|---|
| Subject: | easementary right on agriculture properties |
| Category: | General Law |
| Asked by: | Seema Singh |
| Answered by: | Reply of the Expert is awaited; |
| Tags: | Agricultural land |
| Date: | October 22, 2024 |
| Excerpt of answer: | Reply of the Expert is awaited. Please check back later |
| imposition of penalty u/s 271(1)(C) | |
|---|---|
| Subject: | imposition of penalty u/s 271(1)(C) |
| Category: | Income-Tax |
| Asked by: | vijay rastogi |
| Answered by: | Reply of the Expert is awaited; |
| Tags: | penalty u/s 271(1)(c) |
| Date: | October 14, 2024 |
| Excerpt of answer: | Reply of the Expert is awaited. Please check back later |
| Subsidy , Capital or Revenue , Whether income chargeable to tax | |
|---|---|
| Subject: | Subsidy , Capital or Revenue , Whether income chargeable to tax |
| Category: | Income-Tax |
| Asked by: | rao Srinivas |
| Answered by: | Mrs.Prem Lata Bansal |
| Tags: | capital or revenue, Subsidy |
| Date: | October 14, 2024 |
| Excerpt of answer: |
There is an amendment in Section 2(24) of the Income Tax Act by way of Finance Act 2015 w.e.f. 01.04.2014, whereby sub-clause (xviii) is inserted to include various subsidies and concessions in the definition of income. It states as under:- “2(24) – Income includes: (xviii) assistance in the form of a subsidy or grant or… (read more)
|
| (No TDS on hardship and other sums) | |
|---|---|
| Subject: | (No TDS on hardship and other sums) |
| Category: | Income-Tax |
| Asked by: | chauwan |
| Answered by: | Mr . H. N. Motiwalla |
| Tags: | alternative accomodation, hardship, TDS |
| Date: | October 14, 2024 |
| Excerpt of answer: |
Recently, on April 15, 2024 in Writ Petition No. 4958 of 2024 the Bombay High Court in Sarafraz S. Furniturewalla v. Afsan Sharfali Ashok Kumar & Ors, has held that no TDS is required to be deducted on the amount payable as compensation for hardhip, rehabilitation and shifting as the same are not taxable in… (read more)
|