Category: Hsg Society
*******No Tax on Redevelopment Flats u/s 56(2)(x) of Income Tax Act: ITAT
Clipped from: https://www.taxscan.in/no-tax-on-redevelopment-flats-u-s-x-of-income-tax-act-itat/504748/?utm_source=signinbutton&utm_medium=txn&utm_campaign=checkoutsigninbtn Receiving a new flat in place of an old one is a case of ‘extinguishment’ of property rights rather than an income-generating transaction
👌👌👌Here’s 9 Income Tax relief to Cooperative societies including Cash Transactions u/s 269T
Clipped from: https://www.taxscan.in/9-income-tax-relief-to-cooperative-societies-including-cash-transactions-u-s-269t-minister-amit-shahs-rajya-sabha-reply/466082/ The income tax reliefs provided to the cooperatives was listed by the Minister of Cooperation Amit Shah in his written reply before the