DCIT vs United Bank of India
Disallowance of deduction-Section 40(a) (ia) of the Income Tax Act, 1961. Section 194A of the Income Tax Act, 1961. Non deduction of tax on interest on matured deposits-The AO disallowed deduction under section 40(a) (ia) of the Act for not deduction tax at source on interest on matured term deposits. The assessee cla [LexDoc Id : 492373]
Venna Nageswara Rao (HUF) vs ITO
Exemption from capital gain-Section 54F of the Income Tax Act, 1961. Reinvestment of consideration in property-The assessee had sold land and computed capital gains for which exemption was claimed under section 54F of the Act, for reinvesting the sale proceeds [LexDoc Id : 492375]
