Day: April 4, 2019
High Court imposes penalty of Rs. 50,000/ on Income Tax Department for harassment of assessee in illegally attaching bank account and denying stay of demand ABCAUS Case Law Citation:ABCAUS 2862 (2019) (04) HC Important Case Laws Cited/relied upon by the parties KEC International Ltd. Vs. B.R. Balkrishnan, 251 ITR 158MMRDA Vs. Deputy DIT (Exemption) (2015) 230 Taxman 178 In the instant case, …
Indian Advance Pricing Agreement regime moves forward with signing of 18 APAs in March 2019 Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, 3rd April, 2019 PRESS RELEASE Indian Advance Pricing Agreement regime moves forward with signing of 18 APAs by CBDT in …
Sale of land made by partnership firm can not be added in partner’s hand. Assessment has to be done in the right hands ABCAUS Case Law Citation: ABCAUS 2861 (2019) (04) ITAT Important Case Laws Cited/relied upon by the parties ITO Vs. Ch. Atchaiah reported at 218 ITR …
CBIC analysis of ITR/TDS data received from CBDT shows possible leakage of Service Tax revenue As per Central Board of Indirect Taxes & Customs (CBIC), DG (Systems) has undertaken an analysis of the Income Tax Returns (ITR)/Tax deducted at Source (TDS) data for FY 2015-16 received from the …