Direct Tax Laws & International Taxation - January 2026

Stamp Duty Value on the date of sale (transfer) i.e, 01.08 2024 is % 51 Lakh Both Mr. Rohan and Mr. Sohan are Resident Indians. The land sold by Mr. Rohan is a Capital Asset in term of Section 2( 14) of Income Tax Act, (ii) A Co-operative bank has Provided, the followings information 4 relating to cash withdrawals by its two customers during the F.Y. 2024-25 : Date of Cash Mr. A (Savings Account) Mr. B (Current Account) Withdrawal…

5. (a) Answer any two out of the following 3 sub-parts, viz. (i), Your answer should cover : + Issue involved «Provisions applicable + Analysis and application | . Conclusion 5% October, 2024, M/s D Pvt. Ltd. filed its return of income for | (i) Onl and on | the AY 2024-25. 02/04/2025, the Assessing Officer issued an intimation to in a period of 15 days from the date of the notice. The return was found to be defective correct…

(13) Name of the | Turnover Investment | Date of Date of Date of entity in plant purchase | payment actual and as per the | payment machinery agreement Teal Pvt. Ltd. % 34 @15 crores | 11/01/2025 01/03/2025 | 28/02/2025 crores Cyan Pvt. Ltd. | %3 crores | % 45 lakhs | 21/11/2024 01/12/2024 | 28/02/2025 Rust Pvt. Ltd. = 25 TS crores | 01/03/2025 20/04/2025 | 18/04/2025 crores Discuss whether P Associates is in compliance with the relevant…