Tax Management India. Com
                        Law and Practice: A Digital eBook ...

☞ Data-bank

TMI - Tax Management India. Com
Case Laws Acts Notifications Circulars Classification Forms Articles News D. Forum
Highlights
 What's New  Latest Cases 

Share:      

H: Validity of reopening of assessment u/s 147 - approval u/s.151 - No wo...
H: Bogus LTCG - bogus share transaction - As in so far as cancellation of...
H: Levy of Anti Dumping Duty - likelihood of recurrence of dumping and in...
H: Levy of penalty u/s 112(a) and 114AA of the Customs Act - detention of...
H: Classification of goods - Air conditioners with both heating and cooli...
H: Misdeclaration and undervaluation of imported goods - Cosmetic goods -...
H: 100% EOU - Scope of letter of permission (LOP) - The entire case of re...
H: Initiation of CIRP - existence of debt and dispute or not - Having reg...
C: Relaxation in paying additional fees in case of delay in filing Form 1...
H: Excess utilisation of cenvat credit - Whether the appellant is liable ...
H: Extended period of limitation - Debonding of an EOU - allegation of sh...
H: Recovery of wrongfully availed CENVAT Credit - capital goods - As ther...
Edited Transcript of Governor’s Interview with CNBC TV18 on May 23, 2022
H: Interpretation of statute - Levy of VAT - credit note received subsequ...
N: Seeks to amend Notification No. 02/2021 dated 12 January 2021
N: Faceless Penalty (Amendment) Scheme, 2022
F: rate of tax for works contract
H: Assessment u/s 153A - No notice was issued u/s 143(2) - in framing ass...
A: ALCO-BEVERAGES IN POST COVID TIMES
A: Managing Directors of the Company to be summoned only when authorized ...
A: EXEMPTION FROM INTEGRATED TAX
Minister of State for Commerce & Industry Smt. Anupriya Patel launches...
F: In case of death of proprietor, whether Reversal of ITC is required?
C: Modification in Cyber Security and Cyber resilience framework of Quali...
C: Modification to Standard Operating Procedure in the cases of Trading M...
H: Law of Limitation - Insolvency Proceedings - Apex Courts Ruling
H: Interest on belated deposit of admitted tax in instalment u/s 80 read ...
H: Exemption form GST - Nashik Cambridge Pre-School - supply of Pre-schoo...
H: Levy of GST - Revenue Sharing invoices raised by one party on to anoth...
H: Seeking grant of bail - misuse of ID password of UDIN and OTP - Allega...
        Home        
 
Income Tax - Highlights / Catch Notes
Home Highlights December 2021 Year 2021 This
← Previous Next →

Income Tax - Addition u/s 56(2)(vii)(b) - difference in the market value...

Income Tax
11-12-2021

Addition u/s 56(2)(vii)(b) - difference in the market value and issued value of shares - assessee had established through various evidences submitted during appeal proceedings that even if Guideline value of land is considered than also the valuation of land is very high. Even the Ld. AO in its remand report, admitted the same fact of high market valuation of land but further mentioned that the same is not a relevant evidence which is against the provisions of section 56(2)(viib). - AT

View Source......Full Text

 

← Previous Next →

 

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || Database || Members || Refer Us ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.
|| Site Map - Recent || Site Map || ||