WebI. THE INCOME TAX ACT, 1961 SHORT NOTES S.NO TOPICS P. NO * * 1. Advance payment of tax 293 * 2. Aggregation of income 204 ... General charging section 76 83. Gratuity 94 84. Hedging transaction 151 85. House rent allowance 104 * 86. Illegal income 11 ... * 138. Resident 80 * 139. Resident in India 80 * * 140. Residential status of Individuals 80 Web11 Apr 2024 · A two-judge bench comprising Justice R Mahadevan and Justice Mohammed Shaffiq observed that the reassessment proceedings initiated by the assessing officer beyond four years from the end of the relevant assessment year in question namely 2010-2011 is legally impermissible.
46 Application for information under clause (b) of sub-section (1) …
Web26 Jul 2024 · The Income Tax Department, in a final warning to taxpayers and PAN Card-holders, recently tweeted on its Official Twitter handle that, “As per Income-tax Act, 1961, … Web11 Apr 2024 · The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the penalty is not leviable in absence of proper show cause notice to the assessee.. Zile Singh Kashyap, the assessee challenged the order dated 15.11.2024 passed by the Commissioner of Income Tax (Appeals)-16, Delhi under Section 250 of the Income Tax Act, 1961 for … speed ocean
How to apply for clearance or approval of a transaction from HMRC
WebThe provision for computing capital gains in slump sale transactions is included in Section 50B of the Income-tax Act of 1961 (Act). Prior to the amendment made by the Finance Act of 2024, the entire amount of consideration was construed as the actual consideration received or accumulated on account of the transfer of the division or enterprise, as the … Web17 Feb 2024 · Provision to furnish such correct updated return which is likely to reduce the potential litigation has been introduced by a new section 139 (8A) in the Union Budget … WebRefusal to supply information under clause (b) of sub-section (1) of section 138 of the Income-tax Act, 1961 No. Office of the Date To With reference to your application dated … speed ocean line sac