Web• Section 2 (1B) of the Income Tax Act defines “amalgamation” as under : “Amalgamation”, in relation to companies, means ... [Section 41(1)] • Period during which the asset was held by the transferor company will be considered for determining holding period [Section 2(42A)] Web10 May 2024 · Some of the recent case laws on Section 41. 1. Surplus resulting from assignment of loan at present value of future liability was not cessation or extinguishment of liability as loan was to be repaid by …
Income from Other Sources: Meaning, Inclusions, Deductions
Web1 Jan 2007 · The amendments contained in the Taxation Laws Amendment Act, 2008 amend various provisions of the so-called corporate rules contained in sections 41 to 47 of the Income Tax Act No.58 of 1962 (the Act). Broadly speaking, these rules provide rollover tax relief in certain circumstances where assets are transferred between group companies. Web1 day ago · Section 269ST of the Income Tax Act இரண்டு இலட்ச ரூபாய்க்கு மேலான எந்த பண கொடுக்கல் வாங்கலும் வங்கி மூலமாக மட்டுமே நடக்க வேண்டும். bunnings oil heaters for sale
Part 41 - TCA Notes for Guidance FA 2024 - Revenue
WebAnalysis of Section 41 (1) of Income Tax Act, 1961. Income Tax - In business there are … Web11 Apr 2024 · Income Tax Know-how ... Learn more about tax saving investments under Section 80C and how you can benefit from them. Videos . Words Worth . Archive of articles that focus on the investing philosophy of masters like Warren Buffet, Walter Schloss, Charlie Munger and more. ... Web14 Apr 2024 · April 14, 2024 Section 41 (1) prohibits ad hoc or estimate-based additions Section 41 (1) prohibits ad hoc or estimate-based additions Fact and issue of the case The aforesaid appeal has been filed by the Revenue against order dated 02.12.2024, passed by NFAC Delhi, for the quantum of assessment passed u/s 143 (3), for the AY 2016-17. bunnings oil heater