Daily Archives: July 20, 2019

Sec 54F time limit for Purchase of House should be considered from date of agreement to sell

By | July 20, 2019

HIGH COURT OF GUJARAT Kishorbhai Harjibhai Patel v. Income Tax Officer J.B. PARDIWALA AND A.C. RAO, JJ. R/TAX APPEAL NO.1378 OF 2018 JULY  8, 2019 B.S. Soparkar for the Appellant. Varun K. Patel for the Respondent. B.S. Soparkar for the Appellant. Varun K. Patel for the Respondent. JUDGMENT   J.B. Pardiwala, J. – This Tax Appeal under Section 260A of the Income Tax Act,… Read More »

New Rule to Unblock E way Bill under GST : Rule 138E CGST

By | July 20, 2019

New Rule to Unblock E way Bill under GST : Rule 138E CGST Rule – 138E, Central Goods and Services Tax Rules, 2017 ……. Provided that the Commissioner may, on receipt of an application from a registered person in FORM GST EWB-05, on sufficient cause being shown and for reasons to be recorded in writing, by… Read More »

Scrip Wise details of long term capital gains in Schedule 112A of ITR is optional – CBDT

By | July 20, 2019

As per advisory hosted at income tax e-filing website, Schedule 112A and 115AD(1)(iii) of long term capital gain are provided in the Income Tax Return software as per the Instructions to the Notified ITR form and based on taxpayer feedback. The advisory says that taxpayers have an option to either enter the Scrip wise details… Read More »