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Income Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Merely because, the assessee had leasing out the land to its ...

Income Tax

January 7, 2015

Merely because, the assessee had leasing out the land to its sister concern for establishing RMC Plant with the understanding that the RMC would be supplied to it at concessional rates and on priority basis, does not establish that the assessee had allowed sister concern to use its property for its benefit - AT

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  9. Capital gains - nature of land sold - land converted into a barren land to establish an industrial estate - land sold by the assessee through sale deed in favour of...

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  11. Assessment of tax - calculation and clubbing of turnover of two units - sister concern or independent entities - The act of the petitioner herein is an attempt to...

  12. Levy of GST - providing residential land on lease basis for which lease premium charged/received - Since the entry grants the exemption to a leased / rented residential...

  13. Valuation - sister concern was captively consuming the goods - inter-connected units - Since the appellants and their sister concerns are related persons in term of...

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  15. Penal Charges paid to Sister Concern towards cost of storage - deduction disallowed - AT

 

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