https://www.thehindubusinessline.com/economy/pms-rooftop-scheme-for-1-cr-homes-may-open-up-30-40-gw-of-installation-opportunity/article67860201.ece Clipped from: https://www.thehindubusinessline.com/economy/pms-rooftop-scheme-for-1-cr-homes-may-open-up-30-40-gw-of-installation-opportunity/article67860201.ece Centre plans to light up 1 crore homes with clean power under the PM Surya Ghar: Muft Bijli Yojana’ scheme The Centre’s proposed
Category: Hsg Society
👌👌👌👌👌👌👌Section 80P Deduction not eligible on FDR Interest from Bank of Baroda: ITAT Ahmedabad
https://taxguru.in/income-tax/section-80p-deduction-eligible-fdr-interest-bank-of-baroda-itat-ahmedabad.html Clipped from: https://taxguru.in/income-tax/section-80p-deduction-eligible-fdr-interest-bank-of-baroda-itat-ahmedabad.html Matar Taluka Local Board Teachers Co-operative Credit Society Ltd. Vs DCIT (ITAT Ahmedabad) Introduction: In a significant ruling by the Income Tax Appellate
CBDT issues Circular Condoning Delay for Claiming Deduction u/s 80P for A.Y. 2018-19 to A.Y. 2022-23
Clipped from: https://www.taxscan.in/cbdt-issues-circular-condoning-delay-for-claiming-deduction-u-s-80p-for-a-y-2018-19-to-a-y-2022-23/303773/ The Central Board of Direct Taxes (CBDT) vide circular number 13/2023 issued on 26th July 2023 condemned the delay for claiming the deduction under Section
👍👍👍👍👍New scheme for solar rooftops – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/new-scheme-for-solar-rooftops/3390996 Clipped from: https://www.financialexpress.com/opinion/new-scheme-for-solar-rooftops/3390996/ Solar rooftops have problems like cost and maintenance but PMSY deserves a fair shot Of the target of grid-connected 175 GW of
👌Section 80P(2)(d) deduction allowable to Co-Op Society on Interest Income from co-op banks
https://taxguru.in/income-tax/section-80p2d-deduction-allowable-co-op-society-interest-income-co-op-banks.html Clipped from: https://taxguru.in/income-tax/section-80p2d-deduction-allowable-co-op-society-interest-income-co-op-banks.html Reserve Bank Staff and Officers Vs ITO (ITAT Mumbai) The Income Tax Appellate Tribunal (ITAT) Mumbai has provided a significant ruling on
Implications of Not Claiming Exemptions under Section 115BAC
https://taxguru.in/income-tax/implications-claiming-exemptions-section-115bac.html Clipped from: https://taxguru.in/income-tax/implications-claiming-exemptions-section-115bac.html Introduction: Section 115BAC offers taxpayers an alternative tax regime with certain conditions. However, opting for this regime comes with implications, especially in terms
👌Denial of deduction claimed u/s 80P(2)(d) of IT Act regard to interest received from Co-Operative Banks /Scheduled Banks : ITAT Directs Readjudication
Clipped from: https://www.taxscan.in/denial-of-deduction-claimed-u-s-80p2d-of-it-act-regard-to-interest-received-from-co-operative-banks-scheduled-banks-itat-directs-re-adjudication-read-order/373205/ By Aparna. M – On February 9, 2024 4:02 pm – 2 mins read The Bangalore bench of Income Tax Appellate Tribunal ( ITAT ) directed re adjudication upon
Income Tax Circular 13/2023: Condonation for 80P Deduction Returns
https://taxguru.in/income-tax/income-tax-circular-13-2023-condonation-80p-deduction-returns.html Clipped from: https://taxguru.in/income-tax/income-tax-circular-13-2023-condonation-80p-deduction-returns.html Introduction: Circular No. 13/2023-Income Tax, Dated: 26th July, 2023, addresses the condonation of delay under section 119 of the Income Tax Act, 1961,
👌Nomination is not a statutory testament, says Supreme Court in landmark verdict – The Hindu BusinessLine
https://www.thehindubusinessline.com/business-laws/nomination-is-not-a-statutory-testament-says-supreme-court-in-landmark-verdict/article67682996.ece Clipped from: https://www.thehindubusinessline.com/business-laws/nomination-is-not-a-statutory-testament-says-supreme-court-in-landmark-verdict/article67682996.ece With this decision, the Supreme Court settles the debate over nomination and ownership of shares of a company Recently, the Supreme Court,
Interest on deposits from co-op bank eligible for Section 80(2)(d) deduction
https://taxguru.in/income-tax/interest-deposits-earned-co-operative-bank-eligible-deduction-u-s-80-2-d.html#google_vignette Clipped from: https://taxguru.in/income-tax/interest-deposits-earned-co-operative-bank-eligible-deduction-u-s-80-2-d.html#google_vignette Chetak Co-Operative Housing Society Ltd. Vs ITO (ITAT Mumbai) Conclusion: Co-operative society received/earned interest on deposits with the co-operative bank was eligible for
Section 80P(4) not restrict Section 80P(2) deduction claimed by Co-op Society: HC
https://taxguru.in/income-tax/section-80p4-restrict-section-80p2-deduction-claimed-co-operative-society-hc.html Clipped from: https://taxguru.in/income-tax/section-80p4-restrict-section-80p2-deduction-claimed-co-operative-society-hc.html CIT Vs Tamilnadu Cooperative Housing Federation Ltd. (Madras High Court) Introduction: In a significant legal development, the Madras High Court recently delivered a
Nominee of Shares: SC Ruling on Absolute Ownership vs Succession Laws
https://taxguru.in/company-law/nominee-shares-sc-ruling-absolute-ownership-vs-succession-laws.html Clipped from: https://taxguru.in/company-law/nominee-shares-sc-ruling-absolute-ownership-vs-succession-laws.html Shakti Yezdani & Anr. Vs Jayanand Jayant Salgaonkar & Ors. (Supreme Court of India) Introduction: The Supreme Court of India recently delivered
Property Gift Deed cannot be treated as Sham Transaction for mere non-registration of deed
https://taxguru.in/income-tax/property-gift-deed-treated-sham-transaction-non-registration-deed.html Clipped from: https://taxguru.in/income-tax/property-gift-deed-treated-sham-transaction-non-registration-deed.html ACIT Vs Vibha Taneja (ITAT Delhi) Background: The case involves an appeal by the revenue against the CIT(A)-15, Delhi’s order for the assessment