Answers On Category: Income-Tax
My LPA was decided by Punjab and Haryana High court by dependent me on my colleague whose LPA is pending for last 4 years and always getting next date and not decided. My question is can i file in SLP in supreme court until my colleague lpa is decided by court.
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if it is faceless how do we do that is the question Sir
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can taxes be paid as per form 3 under the Vivad Se Vishwas Scheme after October 31, 2021?
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I am in Ahmedabad Gujarat State and Delhi Investigation Department has issued summons under section 131(1A) of the act. Can a Delhi Investigation Department issued summons under the said act?
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The assessing officer denied the MAT (Minimum Alternate Tax) on the ground that the appellant has availed the benefit of Vivad se Vishwas Scheme (VsV) and have permanently settled the dispute without considering the fact that the appellant has opted for VsV w.r.t the disputed income and the MAT credit as per return of income will not lapse as result of appellant opting for VsV. Kindly guide.
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The assessee is a private limited company. The share value of the company is Rs.100/- As per Balance sheet the share value is Rs.350/- Can the company issue shares to an investor at face value? Ifso what would be the income tax implication in the hands of the company as well as the Investor?
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The Company has closed its business and applied to ROC for its closure. The Company received the Closure Order. Company submitted application to Income Tax for PAN surrender and its activation. However no reply received from them for more than 2 years. Is it mandatory to file Income Tax Return even after application for PAN Surrender.
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The Company has received the closure notice from ROC after submission of all formalities for closure. After closure the company applied for surrender of PAN Card. Till now neither PAN has been deactivated nor any reply received from Department for surrender order. Should the closed company need to continue file IT Return even after the PAN Surrender since PAN has not been deactivated.
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With effect from 1/4/2023, any sum payable by the assessee to Micro or Small enterprises beyond the time limit specified in section 15 of the Micro, Small and Medium Enterprises development act, 2006 shall not be allowed as deduction. There are three questions with respect to said amendments Old Dues outstanding to MSME due to any reasons (before 1/4/2023) and not paid during the year and still outstanding as on balance sheet date. Will the such balances be required to added to income. Whether the micro or small enterprise which has obtained UDHAYM registration will only be counted or unregistered…
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There was an extension of time limit for order as per section 143(3). What was the last date for this order
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Appeal in supreme court