Answers By Expert: Law Intern
My parents had purchased an office jointly and investment was made by mother only and father's name was just for convenience sake. Rent income of said office was offered to tax in mother's IT Return only. Father expired and his name was deleted in share certificate. Mother expired thereafter and she had made nomination in favour of her son's HUF and also had bequeathed the office to her son's HUF. Now if Release deed is made wherein all legal heirs release their share of father in office in favour of HUF of legal heirs them whether Stamp Duty of Rs.…
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Dear sir can you please provide landmark Supreme Court and high court judgements for section 273 B in favour of assessee thanks in advance
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I retired from the Central Autonomous Body (CAB) on 31/05/2025. Prior to joining CAB I served in the Central Govt. for 9 years and Statutory Board of the State Govt. for 3 years. Service rendered in these organisations was counted for the Pensionary benefits in CAB. As per the rules I got the Earned Leave encashment from both the places. At the time of my retirement CAB deducted leave encashment I had received from the Central Govt. without quoting any reason. CAB has its own Governing Council. CAB has its own Leave Rules. Please help me to get balance leave…
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In case of LTCG u/s. 45(5A) whether exemption u/s 54 be claimed by investment in a new residential flat within stipulated period made out of sale proceeds of redeveloped flat? Or is it mandatory to hold newly constructed flat for 3 year?
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The assessee filed the ITR 7 in Time But the assessee forget to file form No.10 before the filing of ITR. It was condoned by the commission of Income tax exemption. The assessee was assessed U/s 143(3). The AO determined the tax after disallowing the exemption to the tune of Income was to file filed in Form No.10. The assessee filed an appeal, The appeal was accepted by the CIT(A) because the Form No.10 was condoned by CIT Exemption. In the meanwhile the AO adjusted Refunds of various years to cover up the demand. Now the ITO is denied the…
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How to respond to unaccounted sales allegation found in case of search on 3rd party for fy 2122.approval under section 151 not taken for issue of this notice
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WHAT IS TIME LIMIT FOR ISSUE OF SHOW CAUSE NOTICE U/S 148A(b) FOR AY 2020-21 IN CASES OF INCOME ALLEGEDLY CONCEALED IS MORE THAN 50 LAKH
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Dear Sir AO has made addition u/s 69 of the I T Act for cash payment to builder based on material collected from the premises of the builder despite the fact assessee denied any such payment in cash also the builder has given in writing to the assessee confirming that no payment has been received in any mode other than two transactions showing in the letter which were made through Bank. Can you provide us the list of cases which were decided in favour of assessee.
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STAMP DUTY ON RELEASE DEED IN MAHARASHTRA ON DEATH OF OWNER and whether release deed by legal heir of parent who owns the immovable and who has expired in favour of Hindu Undivided Family of legal heirs will attract stamp duty of only Rs.500/-and registration fee of Rs.1000/- in Maharashtra?