Examine This Report on HBS Case Solution
No declare is usually to be accepted beyond a duration of six many years through the conclusion with the appropriate assessment year from which the declare is always to be produced. The Circular lays down the classes of authorities entitled to entertain delayed returns saying refunds/losses. –xx–
What on earth is Reduction to company in respect of dividend paid out of previous taxed gains? Precisely what is Aid to particular charitable institutions or resources in regard of specific dividends? Part 236 and 236A of Revenue Tax Act 1961
Also of note: The Thunder rarely dragged Haliburton into a select-and-roll and designed him shift laterally swiftly on defense. Anticipate far more of that in Recreation 7.
“Anticipatory Bail is really an Outstanding energy, not to be used to be a make any difference obviously”: HC denies aid in assets dispute assault case
No section of the doc need to be distributed or copied (except for personal, non-commercial use) without express created permission of itatonline.org ‹ Taxability of subsidy/assistance furnished by the Central/ Condition Government, underneath the Cash flow Tax Act, 1961
The contention of your Department that there is no provision in regulation letting these interest on curiosity was negated- desire on desire was payable under Segment 240 from the Act. These curiosity is payable considering the fact that Area 240 uses the phrases ‘any volume’. The typical fascination requires the colour of tax on which further curiosity is payable.
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‘When the assessment proceedings are still pending, it can be idle to talk of any volume or any refund turning into because of the assessee in regard of that assessment calendar year, individual-ly in the light of Area 237’
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three. Inside a case where refund assert has arisen consequent to the Court docket order, the period of time for which any these proceedings have been pending right before any Courtroom of Legislation shall be dismissed though calculating the stated period of 6 many years, presented this kind of condonation application is submitted within 6 months in the finish of the review month wherein the Courtroom order was issued or the top of economic calendar year whichever is later on.