Day: October 8, 2018
Expecting assessee to submit voluminous details at fag end in a short period of time when AO kept assessment proceedings dormant for one year was unjustified – ITAT ABCAUS Case Law Citation: ABCAUS 2565 (2018) (10) ITAT Important Case Laws Cited/relied upon by the parties: Pr.CIT Vs. Ashokji …
Extension of due date for filing tax audit report / income tax return to 31.10.2018 by CBDT. Download Order u/s 119 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 8th October, 2018 PRESS RELEASE CBDT further extends date for filing …
IBBI (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2018. IBBI has amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 . The Insolvency and Bankruptcy Board of India (IBBI) has notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for …
TPO had no power to impose penalty u/s 271G before 01.10.2014. Law operating on the date on which the wrongful act is committed determines the penalty ABCAUS Case Law Citation: ABCAUS 2564 (2018) (10) HC Important Case Laws Cited/relied upon by the parties: Brij Mohan vs. Commissioner of …
No question of change of opinion when subject matter income not shown in original return or was not the subject of earlier reopening. High Court upheld double reopening ABCAUS Case Law Citation: ABCAUS 2563 (2018) (10) HC Important Case Laws Cited/relied upon by the parties: Commissioner of Income …
Rejection of books of account for failure to file confirmation from parties not justified. Rejection of a particular expenditure no reason for treating books of account them defective u/s 145(3) ABCAUS Case Law Citation: ABCAUS 2562 (2018) (10) ITAT Important Case Laws Cited/relied upon by the parties: CIT …