Review of Section 50C of the Income Tax Act Accommodation World 0 Share itShare itBy Legal Cell Section 50C of the Income Tax Act, 1961, is a crucial provision that deals with the […]
Compensation received from builder for redevelopment of society building is not capital gain Accommodation World 0 Share itShare itBy Legal Cell Laxmankumar R. Daga, Mumbai vs Ito 14(1)(1), Mumbai on 15 March, 2017 PER N.K. PRADHAN, AM […]
No Capital Gain Tax On Society Redevelopment:- Income Tax Appellate Tribunal – Mumbai Accommodation World 0 Share itShare itBy Legal Cell Income Tax Appellate Tribunal – Mumbai Chiranjeev Lal Khanna, Mumbai vs Assessee In principle, though the […]
CBDT notifies Rule for determination of value of perquisite in respect of residential accommodation provided by employer Accommodation World 0 Share itShare itBy Staff Reporter The Finance Act, 2023 brought in an amendment for the purposes of calculation of “perquisite” with […]
Income Tax implication on Members of society under redevelopment Accommodation World 0 Share itShare itBy Legal Cell As discussed, the capital gains on transfer of development rights to the developer arises : to […]
Consideration for permission to use TDR/ FSI not chargeable to tax: ITAT Mumbai Accommodation World 0 Share itShare itBy Legal Cell The assessee co-op housing society gave permission to a developer to construct 2 floors and 8 […]
No Capital Gain Tax On Society Redevelopment Accommodation World 0 Share itShare itBy Legal Cell Kushal K. Bangia vs. ITO (ITAT Mumbai) – In principle, though the scope of “income” in […]
Society Redevelopment is Not Transfer in society’s hands Accommodation World 0 Share itShare itBy Legal Cell Raj Ratan Palace Co-op Hsg Soc vs. DCIT (ITAT Mumbai)- The assessee-society had merely given permission […]
Applicability of Chapter XXC of Income Tax to Housing Society, Additional FSI & TDR Accommodation World 0 Share itShare itBy Vimal C. Punmiya, Chartered Accountant 1. Before delving into the applicability of provisions of Chapter XXC and Taxability […]
No Capital Gain Tax On Society Redevelopment Accommodation World 0 Share itShare itBy Legal Cell Kushal K. Bangia vs. ITO (ITAT Mumbai) – In principle, though the scope of “income” in […]
