Description: Where assesses is not a shareholder of the paying company, the dividend is not assessable in its hands. The
Read MoreDescription: S.47 (iv): Capital gains – Capital loss – Transfer of business and work-in-progress – 100 per cent subsidiary. Assessee
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Read MoreDescription: S.12A : Charitable Trust – Registration as public Trust not necessary for S.12A “charity” registration. Registration as a public
Read MoreDescription: S.254(2) : Appellate Tribunal – Rectification of mistakes – Orders not cited – Tribunal entitled to do “own research”
Read MoreDescription: Expenditure incurred on heart operation was not deductible. Under section 31 also 37 (1) because of following reasons: Heart
Read MoreDescription: Interest on enhanced compensation of land is liable to be taxed once it was received . Dy CIT vs.
Read MoreDescription: S. 260 A : Appeal to High court – condonation of delay – long delay due to Procedural reasons
Read MoreDescription: Income subject to TDS – Assessee’s income being tax deductible at source under s.195, no interest under ss.234B and
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