Answers By Expert: Law Intern
can this case law be applied by AO to disallow all unverifiable purchases fully? what is defense left ?
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Is unequal partition possible under tax laws ? Is order u/s 171 mandatory ? any case laws ?
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LTCG sale price invested in cap gain scheme account till what date it has to be used ? If unused for long time , what will happen to exemption u/s 54F earlier claimed ? In the year of withdrawal, will it be LTCG or STCG
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Assessee has given interest free advance which is sufficient to cover from the interest free fund available in the form of partners capital and interest free advance taken. Despite of this fact the ld AO has disallowed proportionate interest under section 36(1)(iii).
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A has purchased Agri land for Rs.10 Lakhs in the year 2000. In FY 2023-24 A has converted this Agri Land to NA land for selling them in various plots. Valuation of the land on the date of conversion was Rs.100 Lakhs. All plots have been sold in FY 2024-25 for Rs.300 lakhs. Now query is, whether A can claim Rs.100 lakhs i.e. value as on date on conversion as a cost of land against sale of Rs.300 lakhs? If yes then any supportive section. If no then any other alternatives?
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Please confirm whether online Revision Petition u/s 264 can be filed?
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Does it apply to Right issue of shares by a Private Limited Company
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What is the next action after receiving acknowledgement of Form4 of DTVSV Scheme
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Whether section 50C of IT is applicable on seller when he transfer his constructed building of midc to other person
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kanak Impex Bom H C