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![Sale through GPA Holder for a Less Consideration in favour of Children does not attract Section 50C: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Service-Tax-Rent-Immovable-Property-Taxscan.jpg "Sale through GPA Holder for a Less Consideration in favour of Children does not attract Section 50C: ITAT [Read Order]")
Sale through GPA Holder for a Less Consideration in favour of Children does not attract Section 50C: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad bench has recently held that the provisions of section 50C of the Income Tax Act, 1961 would not...
![Addition for Unexplained Cash Credit can’t be merely on Suspicion: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Unexplained-Cash-Credit.jpg "Addition for Unexplained Cash Credit can’t be merely on Suspicion: ITAT [Read Order]")
![No Income Tax on Compensation / Enhanced Compensation Received on Compulsory Acquisition of Agricultural Land: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Retrenchment-Compensation-Taxscan.jpg "No Income Tax on Compensation / Enhanced Compensation Received on Compulsory Acquisition of Agricultural Land: ITAT [Read Order]")
![Micro Finance Activity is not ‘Charitable’: ITAT denies Tax Exemption to Trust [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/Micro-Finance-Activity-ITAT-Taxscan.jpg "Micro Finance Activity is not ‘Charitable’: ITAT denies Tax Exemption to Trust [Read Order]")
![Provision for Gratuity can be Deducted while Computing Book Profit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/Gratuity-Deducted-Taxscan.jpg "Provision for Gratuity can be Deducted while Computing Book Profit: ITAT [Read Order]")
RBI amends Manner of Receipt and Payment under FEMA (Manner of Receipt and Payment) (Second Amendment) Regulations, 2020
The Reserve Bank of India (RBI) has amended the manner of receipt and payment under Foreign Exchange Management (Manner of Receipt and Payment) (Second Amendment) Regulations, 2020. The Reserve Bank...
![Assessing Officer cannot reject a Claim without any basis: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Assessing-Officer-Taxscan-1.jpg "Assessing Officer cannot reject a Claim without any basis: ITAT [Read Order]")
Enhanced Sale Consideration u/s 50C can’t be taken to determine Capital Gain Exemption: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) has held that the sale consideration enhanced by invoking section 50C of the Income Tax Act, 1961 cannot be extended to computation under...
![Enhanced Sale Consideration u/s 50C can’t be taken to determine Capital Gain Exemption: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Capital-Gain-Tax-Taxscan.jpg "Enhanced Sale Consideration u/s 50C can’t be taken to determine Capital Gain Exemption: ITAT [Read Order]")
![Yes Bank Crisis: Withdrawal limit capped at INR 50k after RBI’s Action [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/04/GST-Yes-Bank-Taxscan.jpg "Yes Bank Crisis: Withdrawal limit capped at INR 50k after RBI’s Action [Read Notification]")
