Are additions made based on documents recovered from a third party sustainable? A copy of the document is not shared with the assessee during assessment.
► Read Answer
Dear Sir/Madam, Through a registered gift deed dated 04th August 2025, my mother has gifted her self acquired flat in Mumbai to me, basis of which I have become 100% owner now. She had originally purchased this flat in September 1993 out of her own funds. The flat, originally measuring 355 sq ft, is under redevelopment stage and due to FSI benefit, the new flat to be allotted is for 472 sq ft. However, I have also opted to purchase an additional area of 23 sq ft in this flat, due to which I will receive the new flat measuring…
► Read Answer
My spouse and I had purchased a 1BHK flat measuring 355 sq ft in Mumbai in Feb 2024. Our building is now under redevelopment and we are entitled to get a flat of 472 sq ft. In the meanwhile, we had also opted to purchase an additional area of 23 sq ft, due to which we will be allotted a flat measuring 495 sq ft. Now our developer has scheduled the PAAA registration in Oct 2025 and we will also need to make the payment for purchase of extra 23 sq ft area along with the proportionate stamp duty charges…
► Read Answer
a firm providing placement and recruitment service and getting service fees from client after deployment of candidate, is it reportable under section 44AD or 44ADA
► Read Answer
All conditions satisfied e g distance, population etc no income from agricultural activity shown in return whether AO can treat thus as taxable ? any case law ?
► Read Answer
search on A before 31-3-21--------153A incriminating materials of B in this search-on A--------------153C B supplied goods to C -------------whether 148 or 153C ?
► Read Answer
which are the latest cases on this post the ratio of kanak Impex ?
► Read Answer
I had an old tax demand which I opted to settle under the Direct Tax Vivad se Vishwas (DTVsV) scheme. A final order was issued in my favour confirming full and final settlement of the arrear. Problem: Even after the settlement order, the system has not given effect to it. The payments made under DTVsV were wrongly credited against the old arrear instead of being treated as settlement. Further interest was wrongly computed on this supposed “balance demand.” My recent refunds have been adjusted against this non-existent demand, even though the case was already closed. Current Situation: The portal still…
► Read Answer
The maternal grand father acquired a commercial shop in 2010. he wants to gift this self acquired property to his grand son. can he do so, under what section.
► Read Answer
If a case is set aside by Cit under 263 and assessment is done consequently under 263 read with 143 Whether notice under section 143(2) is required to be given or not According to my view , it is not mandatory ?
► Read Answer
Additions in the income based on documents received from third party