Answers By Expert: Law Intern
  54 and 54F
what is effective date for 54/54F regn payments or possession


► Read Answer

  Circular 16/2024 dt 18/11/24 applies to form 10 CCB
Circular 16/2024  dt 18/11/24 applies to form 10CCB as per your statement. Is there any internal communication or internal circular wch states that it applies to form 10 ccb also .


► Read Answer

  search case last authorisation on 5.10.2020
a search was conducted on the client of a c.a on 5.10.2020. alongwith residence of c.a and a cash of rs 6 lacs seized from her locker who explained that it was her professional receipts. no other incriminating material found either from her office or clients office.no notice under section 153A or 148 issued to her till date. Please guide if department can open case now under section 153A or 148 section 153 b time limit is applicable on it or not.what time limit is applicable in this case. how can she claim her seized amount from department. Thanks in…


► Read Answer

  unused amount deposited in Cap Gain Scheme before due date
1] if it pertains to section 54, what is the taxability after 3 years ? 2] if it pertains to section 54F, what is the taxability after 3 years ? can another flat be claimed against this in 4h year ?


► Read Answer

  INTERPRETATION OF SEC 244A(3)
Can additional 3% interest be awarded on IT Refund U/s 244A(1A) Rw 244A(3) abstracted as under– Sec 244A(3) —Where, as a result of an order under section 155 —– the amount on which interest was payable under sub-section (1) has been increased —— the interest shall be increased —– and the provisions of this Act shall apply accordingly.*** *** Which includes above referred sec 244(1A) also*** Kindly enlighten me in this regard Thanks


► Read Answer

  How many days it takes to receive itat order after order are pronounced
How many days it takes to receive itat order after order are pronounced


► Read Answer

  Indexed Cost of Improvements
Hey, I have sell the property for  after the indexed cost of acquisition there is a capital gain, but i have hold the property for 20 years and done lots of repair and maintenance but i don't have retain those bills so how can i prove that do i can claim some cost of improvements.


► Read Answer

  Criminal appeals
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?


► Read Answer

  INCOME TAX ACT – APPLICABILITY OF SEC 112A
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


► Read Answer

  Demand not cancelled from Income tax portal after VSV 2.0 settlement Form 4 issued
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


► Read Answer