Register Price / Packages DEMO Option My Bookmarks Daily Newsletters Feedback/ Suggestions
Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes
TMI - e-Newsletter     TaxTMI    Dishonour of Cheque - liability created in favour...     TaxTMI    Conversion (Amendment) of shipping bills -...     TaxTMI    Seeking re-export of goods - Absolute confiscation...     TaxTMI    Addition u/s 69A on the basis of whatsapp messages...     TaxTMI    Limitation for passing a assessment order -...     TaxTMI    Default in not depositing the TDS amount, as...     TaxTMI    Levy of GST - export of services or not - place of...     TaxTMI    Grant of Regular Bail - fraudulent passing of Input...     TaxTMI    Violation of principles of natural justice - While...     TaxTMI    Violation of principles of natural justice -...     TaxTMI    Money Laundering - The petitioner sought exemption...     TaxTMI    Refund with interest - statutory period of 60 days...     TaxTMI    Illegal arrest or not - detention for more than 24...     TaxTMI    Validity of assessment order - The court noted that...     TaxTMI    Levy of GST - Place of supply - Tax imposed on...     TaxTMI    Latest Case-Laws     TaxTMI    Latest Notifications + Circulars     TaxTMI    GST Council Decisions     TaxTMI       Right Stop
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

Conversion of a firm in Part-IX Company - resultant company is ...

Income Tax

December 3, 2014

Conversion of a firm in Part-IX Company - resultant company is further merged with another company - violation of proviso to sec. 47 (xiii) r.w.s 47A(3) - The capital gain shall be assessed in the hands of successor company in the previous year in which violation had taken place - AT

View Source

 

← Previous Next →

 

You may also like:

  1. Conversion of the partnership firm into a Pvt. Ltd. company - Violation of the conditions u/s 47(xiii) - part capital was allotted as shares to erstwhile partners and...

  2. Capital gain - conversion of the firm into company - exemption u/s 47(xiii) applies only to a case of transfer by sale, but there is no authority for capital gain at all...

  3. Short Term Capital Gain - conversion of the Partnership Firms into Companies - Additions in the hands of partners - CIT (Appeals) correctly deleted the additions on...

  4. Dishonor of Cheque - insufficiency of funds - existence of company after merger - When under a judicial order, merger of the Companies has taken place, the earlier...

  5. The firm is succeeded by the company, therefore, the cost of acquisition of the company would be as that of acquisition of the firm. The valuation of land and assets of...

  6. Capital gains - Conversion of partnership firm into company - exemption - conversion of balance in capital account of a partner into loan - transfer - Section 47A r.w.s...

  7. GUIDELINES FOR CONVERSION OF COST ACCOUNTANTS FIRMS (PARTNERSHIP/PROPRIETARY) INTO LIMITED LIABILITY PARTNERSHIPS

  8. Vicarious liability of partner of the firm - separate identity of partnership firm - merely the petitioner running a firm, but it is not a legal entity and it cannot be...

  9. Chapter IX - The Companies (Accounts) Rules, 2014. - Notification

  10. Condition to be imposed for conersion of ordinary Society into Producer Company,Part-IX A of the Companies act,1956. - Circular

  11. Addition being the amounts credited in the capital reserve - income u/s.56 - conversion of partnership firm into company - pursuant to assessee firm receiving capital...

  12. Allows conversions into companies from partnership firms, etc. with two or more members provided that in case of less than seven members the conversion would be into a...

  13. Assessment against non existent company [company merged] - assessment in the hands of the successor - Whatever action has done in the past by their share applicants...

  14. Companies (Incorporation) fourth Amendment Rules, 2016 to prescribe (i) Simplified Proforma for Incorporating Company Electronically (SPICE) and (ii) Conversion of a...

  15. Conversion from an unlimited liability company to a limited liability company - Section 18 of the Companies Act, 2013 - Applicability of the amendments to Section 18 and...

 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
What's New:
    Latest Notifications
What's New:
    Latest Circulars
H: The Allahabad High Court addressed the denial of a personal hearing in...
H: Levy of penalty u/s 129(3) subsequent to the search and seizure action...
H: Rejection of refund claim - The notices issued in this case were found...
H: Re-Determination of refund and interest thereon - Subsequent to the di...
H: Cancellation of GST registration of the petitioner - service of SCN - ...
A: GSTR 2A and GSTR 3B during 2018-19
F: Partner Remuneration
H: Validity of Ex-parte assessment order passed u/s 144B - The High Court...
H: Addition u/s 68 - shares of the assessee companies issued at huge prem...
H: Validity of search and seizure u/s 132 - The Bombay High Court quashed...
H: Power of CIT to cancel or withdraw registration invoking Section 12AA(...
H: Review petition - Validity of reopening of assessment - The High Court...
H: Reopening of assessment u/s 147 - The High Court dismissed the appeal ...
H: Demand of additional tax on simple processing of income - Applicabilit...
H: Special audit u/s 142(2A) - Complexity and Volume of Transactions - Re...
N: Amendment in Madhya Pradesh Goods and Services Tax Rules, 2017
N: Amendment in Notification No. CT-8-0002-2024-Sec-1-V(CT) (03), dated 1...
H: Interest payable to petitioner u/s 244A - Failure on the part of AO to...
H: Rejection of Application for Final Approval u/s 80G(5)(iii) - The Trib...
A: Delhi Court rules against ITC denial to NBFCs’ recovery agents.
A: Understanding Systems Audit and Process Audit: A Comparative Analysis
A: Assessee cannot be deprived of filing an appeal due to non-constitutio...
A: RECENT DEVELOPMENTS IN GST
F: GST ON POST SUPPLY DISCOUNT
C: Review of validation of KYC records by KRAs under Risk Management Framework
C: Certification requirement for key investment team of manager of AIF
A: Understanding the Role and Importance of Customs Brokers in Internatio...
A: THE ASSESSEE CANNOT BE ABSOLVED OF RESPONSIBILITY TO MONITOR THE GST PORTAL
A: HANDLING LITIGATION (APPEALS) IN GST
F: Supply of Services to State owned disaster management entity