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No Tax Can Be Levied On The Principle Of Estoppels: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that no tax can be levied on the principle of estoppel. Just because the Assessee has shown the receipt or income in the wrong head. ....

Cornet Hotel Services Suppliers Pvt , Delhi Bench , Income Tax Appellate Tribunal , Judicial Member , Four Seasons Hospitality , Four Seasons , Cornet Hotel Services ,

Flat Agreement Price & Stamp Duty Diff Can't Be Taxed: Itat, ET RealEstate

Itat: Typically, when a person books a flat, the purchase price is finalised and is reflected in the agreement. After the sum paid at the time of booking, the buyer makes periodic payments over several months. ....

Gautam Nayak , It Act , Income Tax , Income Tax Appellate Tribunal , Ncome Tax On Apartment ,

Income From The Sale Of RECs Is Capital In Nature, Is Not Subject To Taxation: ITAT

The Amritsar Bench of the Income Tax Appellate Tribunal (ITAT) has held that the income from the sale of Renewable Energy Certificates (RECs) is classified as capital in nature and is not subject to. ....

Renewable Energy Certificates Recs , Satia Industries Ltd , Amritsar Bench , Income Tax Appellate Tribunal , Renewable Energy Certificates , Anikesh Banerjee , Judicial Member , Accountant Member , Income Tax Act , Satia Industries , Capital Nature ,

Bogus Long-Term Capital Gains From Transaction In Penny Stocks: ITAT Upholds Addition

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the addition of bogus long-term capital gains from transactions in penny stocks.The bench of T.R. Senthil Kumar (Judicial. ....

West Bengal , Hemil Subhashbhai Shah , Tr Senthil Kumar , Ahmedabad Bench , Income Tax Appellate Tribunal , Judicial Member , Annapurna Gupta , Accountant Member , Investigation Directorate , Investigation Wing , Hemil Subhashbhai Shah Versus , Long Term , Capital Gains , Penny Stocks ,

Benefits Of India- Mauritius DTAA Available To Collective Investment Vehicles: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that the benefits of the Double Taxation Avoidance Agreement (DTAA) are available to collective investment vehicles.The bench of. ....

Sapein Funds Ltd , International Taxation , Sapien Capital Mauritius Limited , Sapien Funds Limited , Delhi Bench , Income Tax Appellate Tribunal , Double Taxation Avoidance Agreement , Saktijit Dey , Judicial Member , Accountant Member , Tax Residency Certificate , Sapien Capital , Collective Investment , Mauritian Act , Sapein Funds , India Mauritius ,