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Stamp Value As On Date Of Agreement Of Sale Of Property Has To Be Considered For Applicability Of Section 56(2)(vii)(b): ITAT

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that stamp value as on the date of agreement of sale of the property, in the year 2010 (i.e., Rs. 1.4 Cr), has to be considered for the. ....

Challa Nagendra Prasad , Manuj Sabharwal , Delhi Bench , Income Tax Appellate Tribunal , Income Tax , Judicial Member , Accountant Member , Assessing Officer , Prakash Estates , For Appellant , Stamp Value , Ection 56 2 Viib ,

Freeze on bank accounts: ITAT allows Congress to operate accounts subject to IT Department lien

Congress treasurer Ajay Maken had described the freezing of party's bank accounts as freezing of democracy ahead of the parliament elections in India. ....

Vivek Tankha , Ajay Maken , Abhinav Sharma , It Department , Congress Member Of Parliament , Youth Congress , Vice President , Judicial Member Abhinav Sharma , Congress Member , Senior Advocate Vivek Tankha , Income Tax Appellate Tribunal , Itat Delhi , Congress Bank Accounts , Bank Accounts Frozen , Legal News , Court News , High Court , Congress Press Conference , Freezing Of Democracy , Congress Mp Vivek Tankha , Twitter Video Vivek Tankha , Freezing Of Congress Bank Accounts , Congress Itat Delhi , It Department , Congress It Case , Congress Annual Return ,

tax: Some tax clarity for non-profits - The Economic Times

A tax officer has the power to call for any documents/information of the entity to conduct an inquiry as he thinks necessary to satisfy himself about the occurrence of a specified violation , and pass an order to cancel the registration of such entity, even for previous years (and all subsequent years after that), in cases where the officer notices any specified violations , or if a case is selected by risk management strategy formulated by CBDT. ....

Direct Tax , Tax Clarity , Non Profits , Taxmans Power , Tax Exempt Status , Foreign Contribution Regulation Act ,

OYO Not Liable To Deduct TDS On Minimum Guarantee Payments Made To Hotels: ITAT

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the assessee OYO is not liable for TDS under Section 194C of the Income Tax Act on the minimum guarantee payments made to. ....

Ajay Vohra , Delhi Bench , Income Tax Appellate Tribunal , Income Tax Act , Kul Bharat , Judicial Member , Accountant Member , Assessing Officer , For Appellant , Educt Tds ,

Salary earned by a 'non-resident' overseas cannot be taxed in India, tribunal rules

The Income Tax Appellate Tribunal (ITAT) ruled in favor of a salaried individual working abroad, stating that his overseas income should not be taxed in India. The case involved a non-resident employee who was deputed by an Indian company to work in Austria. The ITAT s decision emphasizes that income earned by non-residents for services performed outside India should not be subject to taxation. ....

Devi Dayal , Amarpal Singh Chadha , Income Tax Appellate Tribunal , Income Tax , Non Resident Indians , Nri Tax ,