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EY Site Name
Direct Tax
Mathias Cormann appointed as Secretary General of OECD
Taxsutra Expert Column: Invisible COVID Tax on High Income Group Senior Citizens
ITAT: Rectification of reassessment order, later quashed, not tenable on issue…
Invisible COVID Tax on High Income Group Senior Citizens
Income from lottery business taxable u/s 115BB after setoff of loss u/s 71
ITAT: Income from lottery business taxable u/s 115BB after setoff of loss u/s 71
Sale of additional FSI, non-taxable capital receipt; MAT also inapplicable
ITAT: Sale of additional FSI, non-taxable capital receipt; MAT also inapplicable
ITAT: Allows ROC expenses incurred for increase of share capital u/s 35D
ITAT: Deletes penalty as assessee voluntarily offered income; Finds error bona fide…
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