Answers By Expert: Law Intern
The Assessee is an HUF having income from House Property. The Assessee has purchase a property from Omaxe Ltd on which a Search and Seizure was conducted. A notice was issued to Assessee on the basis of books of Omaxe Ltd which shows Cash Payment to Assessee which is multiplied by Income Tax Authorities by 100 as mentioned in the notice. Now the notice U/s 148 as well as assessment U/s 147 is done by Jurisdictional Assessing officer clearly showing his Ward in the Assessment order and not by NFAC although he has issued a letter that it will be…
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when commercial property is recd on redevelopment of a commercial complex ; 1] what is tax effect if new area is same ? or more ? 2] what is tax effect if new shop is given in another building ?
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Does ratio of KANAN IMPEX [Bom H C ] apply to all unverified purchases cases ?
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sir, I PROPRIETORSHIP BUSINESS. I WANT TO KNOW ABOUT IN PRESUMPTIVE sec 44ad TAX CAN SHOW SALARY TO WIFE OR SON OR DAUGHTER.
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EDUCATIONAL TRUST IS REGISTERED UNDER SECTION 12A . FOR A.Y 2018-19 RETURN IS NOT FILED ON DUE DATE. WHETHER GROSS INCOME OR NET INCOME TAXABLE? ANY MADRAS HIGH COURT JUDGEMENT IN THIS REGARD PL SIR
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Who can sign the form 35A when the assessee is a foreign company and the directors are residing outside india and who can act as authorized representative
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can seller accept payment from 3rd party above Rs 2 lacs ? any case laws ?
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what are the effects, if no appeals are filed in such cases of protective assessments? is 263 possible in such cases?
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what will be the tds to be deducted on slot charges payment to a resident
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Section 147 Assessment