Daily Archive: Saturday, May 7, 2016

Penalty u/s 271(1)(c) merely because quantum was decided against assessee by ITAT. The assessment and penalty proceedings are independent

Author: | Categories: Income Tax, ITAT, Judgments No comments
Penalty u/s 271(1)(c) not imposable merely because quantum was decided against assessee by ITAT. The assessment proceedings and penalty proceedings are independent proceedings. ITAT Amritsar, in a recent judgment, upheld the deletion of the peanlty when additions were made on estimation basis. Case Law Details : I.T.A No.148 (Asr)/2014 Assessment Year: 2004-05

Research Internship Scheme of RBI-Essential Qualifications, Experience, Mode of Applications, Selection Process, Duration and Stipend payable.

Author: | Categories: RBI No comments
Research Internship Scheme of RBI-Essential Qualifications, Experience, Mode of Applications, Selection Process, Duration and Stipend payable. Objectives: The Reserve Bank of India has introduced a Research Internship Scheme to provide an opportunity to young individuals to expose themselves to cutting edge research in central banking. The scheme is aimed

Certificate for receipt of interest etc u/s 195 without TDS. Persons subjected to concealment penalty can also apply-CBDT Notification 31/2016

Author: | Categories: Income Tax No comments
Certificate for receipt of interest etc u/s 195 without TDS. Persons subjected to concealment penalty can also apply-CBDT Notification 31/2016 As per section 195(3) any person entitled to receive interest / other sums on which TDS is required to be deducted may apply to Assessing Officer in Form 15C/15D

Procedure for Submission of Form 15CC for remittances u/s 195(6) to foreign company or non resident under Income Tax Rule 37BB. ITDREIN Generation

Author: | Categories: Income Tax No comments
F. DGIT(S)/ADG(S)-2/TDS e-filing Notification/110/2016 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income Tax (Systems) Notification No 8/2016 New Delhi, 4 May, 2016 Procedure for submission of Form 15CC by an authorised dealer in respect of remittances under sub-sect ion (6) of section 195

Excel Depreciation Calculator FY 201516 Companies Act 2013, Schedule-II V-2.10

Author: | Categories: Calculators, Companies Act 79 Comments
Excel Depreciation Calculator FY 201516 Companies Act 2013 as per Schedule-II Version 2.10 What’s new in version 2.100? In the new version 2.10, an error showing incorrect depreciation for useful life in certain brackets has been corrected. The maiden ABCAUS Excel Companies Act 2013 Depreciation Calculator was first launched in
error: Content is protected ! Share the page link instead