Answers On Category: Income-Tax
1] whether advance against sales can be treated as cash credit u/s 68 ? 2] whether sales amt itself can be treated as cash credit u/s 68 ? 3]whether sundry creditor can be treated as as cash credit u/s 68 ? 4] whether deposits fro dealers can be treated as as cash credit u/s 68 ? case law ?
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1] Is it necessary to have agri income to claim exemption from capital gain tax on sale of Agri land ? 2] Can it be contended that it was for self consumption? 3] IS book keeping and record keeping needed ? case laws / sections ?
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Taxation of RSU (Sweat Equity) in the holding company granted 'free of cost' to employee of its Indian subsidiary - Two stages / heads , - Salary - Perq. On Vesting, And; ‘Capital Gains ‘ On Sale of vested shares – In case , because of Recession ,the FMV taken for reckoning Perq. . Is less than the Price/FMV on Sale QUERY (Tax Planning) : How best to make good for the resulting Tax Loss ?
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giving of gifts by huf to relatives amounts to partial partition ? does it need order u/s 171 ?
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How does amendment proposed to section 55 in Finance Bill 2023, affect Redevelopment of property by a Society/ Landlord/members individually ?
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once property recd from relatives is exempt under the proviso to 56 , is it liable to clubbing u/s 64 for life time on notional/actual income of the same ?
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Mr A transfers his tenancy right in one outside bldg and earns capital gain thereon . He now reinvests the same in acquiring tenancy rights from a tenant in another building where he is landlord himself Is he eligible u/s 5454F or any other section for exemption ?
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Sir could you please tell me how Withdraw appeal filed aganist an order to opt for vivid se vishvas scheme
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When an employer owns up jewellery found and seized during a search from one locker in the name of an employee , 1] can addition be made in the hands of both or either or none ? 2] Will answer 1 change if jewellery is appearing in books of employer ? 3] Will answer 2 change if only grams tally but not items ? 4] can it be treated benami property ? If yes, in whose hands ?
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