S. 139 : Return of income-Delay in submitting ITR-V did not make e-filed return for assessment year 2008-09 invalid for denying carry forward of losses claimed in such return. [S. 80]
S. 139 : Return of income-Delay in submitting ITR-V did not make e-filed return for assessment year 2008-09 invalid for denying carry forward of losses claimed in such return. [S. 80]
S. 115JB : Book profit-Not applicable to banking companies.
S. 92C : Transfer pricing-Arm’s length price-Exclusion of comparable-Functionally assets and risk test-Order of Tribunal is affirmed. [S. 260A]
S. 80P : Co-operative societies-A co-operative society registered under Karnataka Souharda Sahakari Act, 1997 would be construed as co-operative society-Entitle to claim benefit.[S. 2(19)]
S. 80P : Co-operative societies-A co-operative society registered under Karnataka Souharda Sahakari Act, 1997 would be construed as co-operative society-Entitle to claim benefit. [S. 2(19)]
S. 80IB(10) : Housing projects-Interest on fixed deposits-Derived from business-No other source of income-Deduction allowable. [S. 2(13), 56, 80IA]
S. 80IB(10) : Housing projects-Total area exceeded 15000 sq.ft-Not entitle to deedcution. [S. 80IB(10)(c)]
S. 80IB(10) : Housing projects-Amendment brought on 1-4-2020 vide caluses (e) and (f) to section 80IB(10) is prospective in nature-Unaccounted money found in the course of search-Dedcution u/s. 80IB(10) cannot be denied.
S. 80IB(10) : Housing projects-Prportionate deduction-matter reamnded to the Assessing Officer to adjudicate as to when flats in question were allotted and then to decide claim of assessee.
S. 69A : Unexplained money-Alterntive remedy-Writ is not maintainable-Stautorty appeal is the remedy. [S. 246A, Art. 226]