Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights April 2019 Year 2019 This

Stay of demand - demand arise due to non set of past losses - ...

Income Tax

April 19, 2019

Stay of demand - demand arise due to non set of past losses - losses exhausted due to addition in earlier year and appeal against those orders are pending before tribunal in which stay was granted by ITAT - deposit reduced to 5% as against 20% ordered by Pr.CIT

View Source

 


 

You may also like:

  1. Remission of duty on loss of goods - cement and cement clinkers - it can be safely concluded that the shortage is due to transit loss - demand set aside - AT

  2. Stay of demand for penalty u/s.271(1)(c) - quantum appeal pending - assessee prima-facie having fair chance of win - enforcement for recovery would cause serious loss...

  3. Stay of demand - guideline for stay of demand on payment of 20% of the disputed demand (earlier 15%) till the final disposal of the first appeal - Adjustment of future...

  4. Loss on pictures - bad debts - the assessee has claimed to incurred Loss due to non-recovery of advances and therefore, claimed it as loss which is not impermissible under the law.

  5. Loss reduced due to adj. u/s 143(1) – demand of tax is sustainable

  6. Due Date to Submit Advance Duty - Compounded Levy Scheme – The entire issue is technical in nature, and there is no loss of Revenue - stay granted - AT

  7. Setting off the long term capital loss arising on sale of shares not subject to STT against long term capital gain arising from sale of Shares subjected to STT exempt...

  8. CBDT's clarification on instructions on Stay of Demand / Guidelines for stay of demand

  9. Set off of losses - Merely because the two set of transactions are liable for different rate of tax, it cannot be said that income from these transactions does not arise...

  10. Closure of their factory due to disconnection of power supply - demand of central excise duty - power connection of the appellant unit was never restored during the...

 

Quick Updates:Latest Updates