Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 (PMGKY 2016)

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 49
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Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 (PMGKY 2016)The PMGKY was an amnesty scheme announced in November 2016 for the period running up to 10.05.2017. This scheme was for people who h...

Liability of Capital Gain tax on Sale of Agricultural Land

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 105
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Liability of Capital Gain tax on Sale of Agricultural LandIn some cases, when you sell Agricultural Land – it may be entirely exempt from income tax or it may not be taxed under the head Capital Gains or it m...

PROCEDURE GOVERNING INCOME TAX PROSECUTION PROCEEDINGS

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 51
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PROCEDURE GOVERNING INCOME TAX PROSECUTION PROCEEDINGSThe procedure governing prosecution proceedings under the Income-tax Act, 1961 can be divided into two parts i.e.(1)   Procedure to be followed by the ...

Filing of appeals to Appellate Tribunal under the provisions of Prohibition of Benami Property Transactions Act, 1988

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 76
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Filing of appeals to Appellate Tribunal under the provisions of Prohibition of Benami Property Transactions Act, 1988Section 46(1) of the Prohibition of Benami Property Transactions Act, 1988 provides that any perso...

Essentials of a Drafting of a Public Trust Deed

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 45
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Essentials of a Drafting of a Public Trust DeedTrust or institutions can be formed by executing a Trust Deed. Trust deed is to be executed on non-judicial stamp paper, vary from state to state in any language suffic...

Procedure followed by the authority once the Initiating Officer (IO) get information about Benami Property

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 74
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Procedure followed by the authority once the Initiating Officer (IO) get information about Benami Property The procedure followed by the authority once the Initiating Officer (IO) get information about benami prop...

Principles of cross examination in income tax proceedings

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 45
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Principles of cross examination in income tax proceedingsThe issue of cross examination of witnesses in Income Tax proceedings has seen substantial litigation before various appellate fora. Many a time, income tax assess...

Compensation on retrenchment – Exemption as per the provisions of Section 10(10(B) of Income Tax Act, 1961

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 37
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Compensation on retrenchment – Exemption as per the provisions of Section 10(10(B) of Income Tax Act, 1961Any compensation received by a workman under the Industrial Disputes Act, 1947, or under any other Acts or rules...

Admissibility of Circumstantial Evidence in Income Tax proceedings

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 288
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Admissibility of Circumstantial Evidence in Income Tax proceedings“Men may tell  lies, but Circumstances do not”.Meaning of evidenceThe word ‘Evidence’ has been derived from the Latin word ‘evidere’ whic...

Compensation on retrenchment – Exemption as per the provisions of Section 10(10(B) of Income Tax Act, 1961

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 47
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Compensation on retrenchment – Exemption as per the provisions of Section 10(10(B) of Income Tax Act, 1961 Any compensation received by a workman under the Industrial Disputes Act, 1947, or under any other Acts...