The accused was acquitted on ground of insanity in case of murder by high court. State prefered appeal to supreme court under Article 132&134 of indian constitution. Does the appeal is maintainable?
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WHETHER LTCG EXEMPTION U\S 112A BE CLAIMED EVEN WHEN THE GTI IS ZERO OR NEGATIVE IF THE LTCG EXCEEDS THE EXEMPTION OF RS 125000, WHETHER EXCESS IS TAXABLE OR THE ENTIRE LTCG? THANKS IN ADVANCE
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Hi, I opted for Vivad Se Vishwas 2.0, I received Form 4 after completing all steps. But the Demand not cancelled from Income tax portal after VSV 2.0 settlement Form 4 issued. Interest is accumulating 1% on the demand every month. We have raised grievance on CPGRAMS. But JAO says, rights are not transferred to them by CPC and System doesn't have capability to upload the VSV Orders. How to resolve this issue and interest and demand is increasing day bay day despite of settlement. Thanks in Advance
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sir, A Client Is A Cooperative Bank. One Of Their Customer Ask Them To Deduct TDS Amount From SB A/C Instead From Cash Withdrawal Amount. For E.G., If He Withdraw Rs,1.2 Cr Cash From Closure Of Deposit. TDS Amount Of Rs,2.4L To Be Deducted From SB A/C And Remit The Full Amount Of Rs,1.2 Cr In Cash
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Capital gains exemption u/s 54 issue Facts of the case Purchase price (resale property) of property – 25 Lacs Year of purchase – Jan 2010 Stamp duty / registration – 1.1 Lacs Other cost of acquisition (brokerage / civil interiors etc) – 1.4 lacs Approx Cost of acquisition: 27.5 lacs (448 sq ft) Redevelopment undertaken in FY 21-22 PAAA signed and stamp duty / registration paid for addl area – Feb, 2022 Additional area allotted – 95 sq ft Additional area purchased – 75 sq ft @ 16,000/sqft registration value – 13.4 Lacs (incl GST, stamp duty & registration) Possession…
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sir, Hospital run by non medico person will treat this as business income or professional income? I would like to claim 44AD but there is no option in ITR FORM wrt medical services under 44AD . Why we compelled to choose 44ADA in ITR FORM when owner is non medico person
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If the accumulation of surplus is not shown as appropriation in Income & expenditure Account, can the benefit of 11(2) be denied. I ran a ICAI Chat GPT query, and got the following cases Gujarat State Board of School Textbooks v. ACIT (Exemptions) [2022] 139 taxmann.com 155 (ITAT Ahmedabad) ITO (E) v. Chamber of Income Tax Consultants [2020] 117 taxmann.com 321 (ITAT Mumbai) Bharat Diamond Bourse v. ADIT (Exemptions) [2021] 127 taxmann.com 54 (ITAT Mumbai) I am unable to find the cases, hene this query
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Can we claim exemption/relief on Capital Gains from Indian Mutual Funds for NRIs in Saudi Arabia by virtue of Article 13(6) of DTAA with Saudi Arabia?
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Search u/s 132 in progress for 20 plus days. In between, can Authorised officer record a statement of the searched person u/sec. 131 to investigate about seized material? Can these statements be used for third party legally?
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Father A and Son B were searched u/132 at residence. Diaries written by father seized, owned up by him. Certain notes on cash loans were written in the name of Son B in that dairy. B not aware. Assessment under which Sec. to be carried ? 153 A or 153C?
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Criminal appeals