Section 47 of the income-tax act 1961
WebSection 115A(5) of the Income Tax Act, provides an exemption from filing ITR by NR subject to the condition that income is limited to interest, dividend… Sanjeev Madan på LinkedIn: Section 115A(5) of the Income Tax Act, provides an exemption from filing… Web1 day ago · 13.47 % Invest Now. Search for ... You can claim income tax deductions of up to Rs 1.5 lakh under Section 80C of the Income-tax Act, 1961 for booking tax-saving fixed deposits or investing in NSC. ... So, you have the option to claim a tax deduction on the interest earned from NSC under Section 80C while filing your income tax return every ...
Section 47 of the income-tax act 1961
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WebExplanation 2.-Where an individual is a partner in a firm otherwise than as partner in a representative capacity, interest paid by the firm to such individual shall not be taken into account for the purposes of this clause, if such interest is received by him on behalf, or for the benefit, of any other person. WebIncome Tax (Trading and Other Income) Act 2005, Section 47 is up to date with all changes known to be in force on or before 09 February 2024. There are changes that may be …
Web10 Apr 2024 · Section 80-IBA, i.e., the granting of deductions to developers for the construction of affordable housing [Analysis Chargeability of Capital Gains on Transfer of Asset in the hands of Land Owner] under sub-section (5A) to … Web20 Jun 2024 · SECTION 47- of Income Tax Act, 1961 Nothing contained in section 45 shall apply to the following transfers :— (vi) any transfer, in a scheme of amalgamation, of a capital asset by the amalgamating company to the amalgamated company if the amalgamated company is an Indian company;
Web19 Oct 2024 · As per section 47 (xb) of Income Tax Act, 1961 any transfer by way of conversion of preference shares of a company into equity shares of that company is not … Web12 Apr 2024 · The Tribunal opined that if the assessee was carrying on business and had some undisclosed stock then same is taxable as an undisclosed business income. The ITAT stated that the case in hand was not of undisclosed investment, albeit it was a case of undeclared business income.
Web18 Jun 2024 · In case of one domestic company, which has exercised an set under Section 115BA of the Income-tax Act, 1961 of rate from taxation from 30% to 25%, ... July 24, 2024 at 11:47 am Prakash remarks: Dear gent. Pls send me format in excel sheet with depreciation calculation and how up calculate. Thanks. Reply.
Web6 Apr 2024 · Under this new regime, the income-tax in respect of the total income of the person shall be computed at the rates provided in sub-section (1A) of section 115BAC, subject to certain conditions, including the condition that the person does not avail of specified exemptions and deductions. 2. community manager playa del carmenWeb8 Oct 2011 · Income Tax Act, 1961. Section 47. TRANSACTIONS NOT REGARDED AS TRANSFER. Nothing contained in section 45 shall apply to the following transfers : (i) Any … easy stuffed animal sewing patternWebhis employer as " Profits in lieu of Salary" under section 17(3)(iii) of Income Tax Act, 1961 as it is a well settled proposition of law that payment made by former ... 47,21,154/- from ex-gratia taken as capital receipt. The ld. A.O taxed the amount u/s 17(3)(iii) of the Act by treating it as additional compensation ... community manager temps partielWeb5 Feb 2024 · S.145A and S.145B of Income Tax Act,1961. New sections 145A and 145B have been inserted vide Finance Act,2024 in place of the existing section 145A. These two sections apply retrospectively from 01/04/2024. These sections have been inserted to bring certainty regarding the applicability of ICDS. Since, ICDS are made applicable from … community manager salaire brutWeb1 Apr 2024 · SECTION 54EC OF THE INCOME TAX ACT, 1961. Security Name PFC Capital Gain Tax Exemption Bonds –Series VII Rating ‘AAA/Stable’ by RISIL, ‘AAA ... 3/31/2024 7:47:45 PM ... community manager sin experiencia rosarioWebAmendment of section 47 X X X X Extracts X X X X. → Full Text of the Document. X X X X Extracts X X X X..... day of April, 2015,- (a) after clause (viia), the following shall be inserted, namely:- (viib) any transfer of a capital asset, being a Government Security carrying a periodic payment of interest, mad ..... community manager synonymWebwhile filing the income-tax return for AY 2014-15. • The Tax Officer alleged that there was a change in the shareholding pattern during the said AY and accordingly denied the claim of … community manager ses missions