CA Srinivas Rao Posts - TopicsExpress

Sec. 54F relief denied as assessee had acquired another
Sec. 54F relief denied as assessee had acquired another residential house within 1 year of transfer of capital asset November 12, 2014[2014] 50 taxma...

HC upholds Sec 54(1) exemption benefit in respect of 2 separate
HC upholds Sec 54(1) exemption benefit in respect of 2 separate residential houses purchased to avoid disharmony / litigation between brothers, facts ...

ITAT says issuance of corporate guarantees by Bharti Airtel to
ITAT says issuance of corporate guarantees by Bharti Airtel to lender bank for its AE did not constitute ‘international transaction’ u/s 92B; Corp...

Karnataka HC rules that for determination of Sec 80IA(5) deduction
Karnataka HC rules that for determination of Sec 80IA(5) deduction quantum, loss and depreciation of eligible business already set off against income ...

Bombay HC expresses disappointment on absence of counsels leading
Bombay HC expresses disappointment on absence of counsels leading to adjournments and delay in disposing of cases; Such state of affairs intolerable h...

No power to ITAT to grant stay beyond 365 days in light of third
No power to ITAT to grant stay beyond 365 days in light of third proviso to Sec. 254(2A) inserted by Finance Act, 2008; Courts must respect legislativ...

Advance money received towards booking of flats/shops/offices,
Advance money received towards booking of flats/shops/offices, advance simplicitor, not ‘loan’ or ‘deposit’ u/s 269T; Repayment of such advanc...

Cairn Energy Plc (‘Cairn’) announces correspondence from
Cairn Energy Plc (‘Cairn’) announces correspondence from Indian IT Department is in respect of retrospective amendments introduced in 2012; Cairn ...