Answers By Expert: Research Team
  Taxability / TDS on ‘FMV’ of RSU /ESOP , as perquisite, when vested
To ADMN. Regret that my query posted on the Topic, a few days ago, has thus far remained to elicit  an eminent ANSWER  from your inhouse EXPERT; will you please have it attended ! To Add: As per my  information, in US and HK, - may be , in certain other countries as well, - unlike in India,  there is no taxation of 'perquisite' - hence no TDS, by employer-company in the year in which RSU is vested. That is, unlike in India , RSU  attracts tax liability (CGT) only on its 'Sale ', in the year of sale  .


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  Section 264 vs CIT(A)
If the assessee has filed an appeal before CIT. But now assessee has to file application for revision of order under section 264. Can assessee can do so? As withdrawal of appeal is not allowed and as per section 264(4) assessee cannot file application for revision of order if his appeal is pending before CIT(A)


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  Goodwill
pls analyse this order


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  Benami Prorperty
When an employer  owns up  jewellery found and seized during a search from one locker in the name of an employee , 1] can addition be made in the hands of both or either or none ? 2] Will answer 1 change if jewellery is appearing in books of employer ? 3] Will answer 2 change if only grams tally but not items ? 4]  can it be treated benami property ? If yes, in whose hands ?  


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  Regarding income tax summons notice unde sec 131(1A)
Dear sir I have received an notice from income tax department but in that there no assessing year and with the Din no it was also not found how find as it is genuine notice


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  TDS on dividend income on shares transferred to wife
I have transferred some shares to my wife. The income from dividends is offered by me u/s 64 for taxation. However I do not get the benefit of TDS made on those dividends. What steps I am required to take to claim the TDS in my return which is shown in her Form 26AS.


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  reasonable mark up
Post "New Noble Educational Society 'judgement of SC, what is Reasonable mark up ? Whether section 11 is virtually overridden? Is it at par with now litigation in Transfer pricing ?        


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  S.127-Power too transfer case
order u/s 127 passed by cit  without hearing Assessee. can it be challenged before ITAT in the absence of provision u/s 246A? what is the remedy once asst is over ?


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  153C vs 148, Jurisdction
before amendment in 2020, 2 sections , notices u/s 153C and 148 had been issued without proper jurisdiction. whether issue of one in the place of other makes order of asst void or liable to curable defect?


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  INTEREST ON REFUNDS U/S 244A(1A)
Assessment u/s 143(3) for asst year 2006-07 was made on 31/3/2008.Assessee paid demand determined.Notice u/s 148 was issued and 143(3)/147 order passed on 31/12/2009 and new demand raised.Assessee paid the demand within 30 days and gone to appeal.In appeal the CIT(A) gave major relief in 2012/ITAT gave major relief in 2015. Now the AO give appeal effect orders in FEBRUARY 2022 for both CIT(A) /ITAT ORDERS but interest u/s 244A/244A(1A) was given at 6 pc per annum. My query is whether interest u/s 244A(1A) of additional 3 percent interest per annum is applicable to assessee. Q 1)Why the same was…


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