Insights

Shailendra padhiyar 05/12/24 Shailendra padhiyar 05/12/24

International Financial Services Centres Authority (Informal Guidance) Scheme, 2024

Shailendra padhiyar 27/11/24 Shailendra padhiyar 27/11/24

Capital reserve arising from amalgamation is not taxable under Section 28(iv)

Shailendra padhiyar 11/10/24 Shailendra padhiyar 11/10/24

Maximum Surcharge Rate to be considered in the computation of MMR applicable to Private Discretionary Trust

Amendments to Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 The Ministry of Finance has recently notified amendments to the Foreign Exchange Management (Non- Debt Instruments) Rules, 2019 (‘NDI Rules’) vide the Foreign

Shailendra padhiyar 30/08/24 Shailendra padhiyar 30/08/24

The Ministry of Finance has recently notified amendments to the Foreign Exchange Management (Non- Debt Instruments) Rules, 2019 (‘NDI Rules’) vide the Foreign Exchange Management (Non-Debt Instruments) (Fourth Amendment) Rules, 2024 (‘Amendment’). The key amendments are summarized below:

Mumbai ITAT holds that exemption u/s 54F will be available on sale of depreciable asset During FY2013-14,Sonia Pathak Khanna (‘assessee’) sold an office premises, for Rs.57 lakhs, on which depreciation had been claimed since FY 2009-10

Shailendra padhiyar 08/08/24 Shailendra padhiyar 08/08/24

During FY2013-14,Sonia Pathak Khanna (‘assessee’) sold an office premises, for Rs.57 lakhs, on which depreciation had been claimed since FY 2009-10 and treated the gains arising thereon as long term capital gain. Further, the written down value of such asset as on 01 April 2013 was Rs.16.70 lakhs

Publications

Depreciation on goodwill

Depreciation on goodwill

Depreciation on goodwill

Alerts

Our Expertise

Quick Links