- Land purchased prior to date of transfer of agricultural land not eligible for sec. 54B exemption: ITAT
- Relief couldn't be denied merely because assessee claimed exemption u/s 54F instead of sec. 54: ITAT
- Liability of guarantor in event of default by the borrower was limited only to extent of value of mortgaged property
- Activity of selling various small properties acquired from sale of land couldn't be treated as business activity
- Profit from sale of shares held for more than 17 months rightly treated as long-term capital gain: HC
- MCA removes ambiguities in ‘appointed date’ and ‘acquisition date’ with respect to mergers
- Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 and its Rules shall be effective from September 1, 2019
- Govt. issues norms for digital KYC process under Money Laundering Act
- ‘Farm-in’ exp. incurred by Oil Exploration & Production Co’s is ‘intangible asset’; eligible for dep.: CBDT
- SEBI tightens penal provisions for listing companies