Answers On Category: Income-Tax
Dear Sir, It's my humble request to you to kindly provide me the Intruction No.10 pdf copy
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Company is utilizing SEZ Fund for few years and now they are deciding to utilize for NON SEZ. Whether is their any law or condition which allow to do this? IF Yes/No whether any Case Law or opinion ??
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. Rule 11UA applies to unquoted shares of a company. However, a technical query is about whether the similar provisions apply for valuing share in a partnership firm or LLP?
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does while doing valuation under 11UA under part D for immovable assets do we also take leased assets i.e right of use to asset while calculating stamp duty value ?
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ONE PERSON HAS PURCHASED PROPERTY IN AUCTION DONE BY A BANK AT RS 7 CRORE BUT THE STAMP DUTY VALUE OF WHICH IS 10 CRORES.WHETHER CAPITAL GAIN WILL BE TAXED ON DIFFERENCE OR IS THERE ANY WAY OUT
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NO REPLY RECD FROM DESIGNATED AUTHORITY FOR OVER A MONTH OF SUCCESSFULLY UPLOADING FORM 1. WHAT IS THE OPTION AVAILABLE TO THE DECLARANT ?
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sir, cash loan payment transactions dt:10-10-24 it assessee cash loan to relative(name Mr.A) rs:10 lacs amount through on cash mode paid After another cash loan repayment transactions dt:10-12-24 it assessee cash loan from relative rs:10 lacs name Mr.A)amount repayment received through on bank channel mode. Query; Above transactions viloation of it rules and penality provision applicable in it act.
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FORM 2 SEEN ON PORTAL, CREDIT FOR TAXES PAID BEFORE ASSESSMENT ORDER WAS PASSED NOT ALLOWED BY THE DESIGNATED AUTHORITY ALTHOUGH CLAIMED IN FORM 1 AND ALSO GROUND TAKEN IN APPEAL. AND FORM 2 IS SIGNED AFTER 15 DAYS . IS IT VALID ?
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deptt/ revenue could not bring even a single piece of evidence on record that assessee has recd more than rs 2/lakhs from a particular person during a particlar assessment. nor the assessment proceeding took place for thatAY.assessee directly recd notice u/s 274 r.w.s 271DA and imposed penalty u/s 271DA.whether ao can imposed as he did not have any evidence, secondly as no assessment took place for that assessment year, penalty can be imposed in the absence of assessment being made.
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REQUEST YOU TO PROVIDE pdf copy of INSTRUCTION NO.10 Dated 06-12-2018 ITBA SOP RELATED TO FRAUDULENT PAN