Thursday | 18 Dec 2014
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Sec. 54EC deduction available even when part of consideration was invested in REC bonds prior to transfer of asset


IT : Even though prior to transfer of property, assessee invested part of consideration received on sale of property in REC bond, said amount would...

ITAT directs TPO to make TP adjustment after examining variation in quantum/method of depreciation of comparable


IT/ILT : Matter be remanded back to file of Transfer Pricing Officer for proper verification of claim of assessee regarding huge difference in amount of...

No sec. 80P relief as society failed to fulfil objective of providing credit facilities for agricultural purposes


IT : Where assessees were engaged in primary objective of providing financial accommodation to its members for agricultural purposes, however they were...

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