Month: June 2019
CBDT reverts four Joint Commissioners of Income Tax back to their substantive post i.e. DCIT in view of pending disciplinary/vigilance cases against them, F. No. A-32012/5/2019-Ad.VIGovernment of India Ministry of Finance Department of Revenue(Central Board of Direct Taxes)* * * * * North Block New DelhiNew Delhi, the …
ITC of GST paid on purchase of motor vehicles for supplying rent-a-cab service not admissible in terms of section 17(5)(b)(i) of the GST Act ABCAUS Case Law Citation: ABCAUS 3007 (2019) (06) AAR The Applicant was supplying cabs on a rental basis. He sought a ruling from the …
Notification on TDS under GST provisions not applicable on exempt supplies–AAR. Applicant making exempt supply to Municipal Corporation was not covered ABCAUS Case Law Citation: ABCAUS 3006 (2019) (06) AAR The Applicant was providing conservancy/solid waste management service to the Conservancy Department of the Municipal Corporation (MC) which …
Transition plan to the new GST Return. From January, 2020 onwards, all taxpayers shall be filing FORM GST RET-01 and FORM GSTR-3B shall be completely phased out The GST Council in its 31st meeting decided that a new GST return system will be introduced to facilitate taxpayers. As per a press release …
Construction of flats purchasing land amounts to civil construction and profit earned thereon, are eligible for taxation U/s 44AD of the Income Tax Act ABCAUS Case Law Citation: ABCAUS 3005 (2019) (06) ITAT The AO received information from the Director of Income Tax (Inv) that the assessee had …
Disallowance for prior period expenses deleted by the ITAT as the tax rate was the same from one year to another year ABCAUS Case Law Citation: ABCAUS 3004 (2019) (06) ITAT In this appeal, the revenue WAS aggrieved with the order of the CIT(A) in deleting the addition …
FCRA requires all NGOs to compulsory file online application for any changes amde in office bearers/key functionaries latest by 6.07.2019 F. No. 11/21022/36(0207)/2015-FCRA-II Government  of  India Ministry of Home Affairs Foreigners Division (FCRA Wing) MDC National Stadium, New  Delhi-110001 Dated: 07.06.2019 PUBLIC  NOTICE SUBJECT: Online submission and approval …
CA held guilty of misconduct being engaged in business as director. Difference between director simplicitor and director involved in business activities of  company ABCAUS Case Law Citation: ABCAUS 3003 (2019) (06) AA An appeal had been filed by the Appellant Chartered Accountant before the Appellate Authority (AA) against …
Arms Length Price of intra group management fee paid determined Nil by TPO upheld as there was no evidence on record to prove rendition of services. ABCAUS Case Law Citation: ABCAUS 3002 (2019) (06) ITAT Important Case Laws Cited/relied upon by the parties: 3M India Ltd vs. Addl. …
Penalty u/s 271D for taking cash loan from father and paternal aunt deleted following various decisions of High Courts and Tribunals ABCAUS Case Law Citation: ABCAUS 3001 (2019) (06) ITAT Important Case Laws Cited/relied upon by the parties: Mohan Karkare Vs. DCIT (1995)(127 Taxation 104) CIT v. Sunil …
