Income Tax Archive

Quoting Aadhaar Number in Income Tax Return Compulsory. Existing PAN holders to intimate Aadhaar to ITD or PAN will become invalid

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Quoting Aadhaar Number in Income Tax Return Compulsory. Existing PAN holders to intimate Aadhaar to Income tax Authorities or PAN will become invalid Quoting Aadhaar Number in Income Tax Return Compulsory It is learnt from unconfirmed sources that a new section 139AA has been proposed in the amended Finance

Entire amount of undisclosed purchases can not be added as profit. In absence of information on sales, only profit element can be taxed – ITAT

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Entire amount of undisclosed purchases can not be added as profit. In absence of information on sales of such purchases only profit element can be taxed – ITAT ABCAUS Case Law Citation: ABCAUS 1181 (2017) (03) ITAT Assessment Year : 2007-08 Date/Month of Pronouncement: March, 2017 Brief Facts of

Cash Transaction Limit us 269ST reduced to Rs 2 lakhs -Revenue Secretary Tweet

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Cash Transaction Limit us 269ST reduced to Rs 2 lakhs. As per Revenue Secretary tweet, Govt in official amendment to Finance Bill has proposed so. Finance Bill 2017 had proposed a check on domestic black money by inserting a new section 269ST in the Income Tax Act, 1961 to provide that no

No need to Exempt interest on minor Maintenance deposit us 64 when the money is deposited in favour of child on the direction of the Court-Law Commission

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No need to Exempt interest on minor Maintenance deposit us 64 when the money is deposited in favour of child on the direction of the Court-Law Commission  Prospects of Exempting Income arising out of Maintenance Money of ‘Minor’ The Punjab and Haryana High Court, in the case Payal Mehta

TDS JAGRUKTA movie by DTRTI Kolkata by CBDT Member. Video is in English, Hindi, Bengali, Marathi, Gujarati, Punjabi, Telgu, Tamil & Kannad

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TDS JAGRUKTA movie  TDS- JAGRUKTA a movie by DTRTI, Kolkata in English, Hindi, Bengali, Marathi, Gujarati, Punjabi, Telgu, Tamil &Kannad has been released by Shri Gopal Mukherjee, Member ( Rev & TPS), CBDT. The Video starts with a sholk from Sanskrit followed by a short story of how a

Procedure of TAN Application through SPICe Form No. INC-32 of MCA. CBDT Notification

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Procedure of TAN Application through SPICe Form No. INC-32 of MCA   F.No.  Pr. DGIT(S)/ADG-2/TAN Application Notification/20992-21016 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax (Systems) Notification  No. 2 of 2017 New Delhi,  th of March, 2017 Procedure of TAN application through Simplified Profoma

Advance for purchasing capital assets not deemed divided u/s 2(22)(e). It was a trade advance in the normal course of business – ITAT

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Advance for purchasing capital assets not deemed divided u/s 2(22)(e). It was a trade advance in the normal course of business – ITAT ABCAUS Case Law Citation: ABCAUS 1180 (2017) (03) ITAT The Grievance: The appellant assessee company was aggrieved by the addition made by the Assessing Officer (‘AO’)
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