Month: August 2019
CBDT relaxes time-frame u/s 143(1) for processing of refund claims of all validly filed returns up to assessment year 2017-18 F.No.225/194/2019/ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, the 5th August, 2019 Order under section 119 of the Income-tax …
Exemption u/s 54F could not be denied for fraud by builder in constructing building without NOC not disclosed to the assessee ABCAUS Case Law Citation:ABCAUS 3101 (2019) (08) ITAT Important case law relied upon by the parties:Kanan Chandra Sekhar vs. ITO, 165 ITD 315Dileep Ranjrekar, 101 taxman.com 104Balkishan …
Results of the Chartered Accountants Final Examination (Old course & New Course) and Foundation Examination held in (May-June) 2019 are likely to be declared on Wednesday, the 14th August 2019. – (03-08-2019) The results of the Chartered Accountants Final Examination(Old course & New Course) and Foundation Examination held …
Article 370 scrapped, Read Notification/Presidential Order-The Constitution (Application to Jammu and Kashmir) Order 2019. MINISTRY OF LAW AND JUSTICE (Legislative Department) NOTIFICATION New Delhi, the 5th August, 2019 G.S.R .551(E).— the following Order made by the President is published for general information:- THE CONSTITUTION (APPLICATION TO JAMMU AND …
Allowability of Exemption u/s 54 where new residential property used partly for commercial purposes . ITAT remanded case for verification of the proposition ABCAUS Case Law Citation:ABCAUS 3100 (2019) (08) ITAT Important case law relied upon by the parties:Seema Sabharwala vs. Income Tax OfficerM. Subramanian vs. DCIT i …
FCRA one-time exemption to NGOs to restore registration cancelled for three years u/s 14 for non submission of annual returns electronically No. 963913/JS(F) /2017Government of India Ministry of Home AffairsForeigners Division (FCRA Wing) MDC National StadiumNew Delhi, the August 01, 2019 PUBLIC NOTICE Subject: Exemption from the provisions …
Procedure / FAQ for filing Form DRC-03 intimation of payment made voluntarily or against Show Cause Notice (SCN) Form DRC-03 enables a taxpayer to pay tax by raising its liability voluntarily or in response to the show cause notice (SCN) raised by the Department. Form DRC-03 can be …
Income of Bangalore Water Supply and Sewerage Board exempted u/s 10(46) for 5 Assessment Years MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 56 /2019 New Delhi, the 2nd August, 2019 S.O. 2782(E).—In exercise of the powers conferred by clause (46) of section 10 of …
ICAI issues UDIN notification specifying Timeline for all certificates, GST and Tax Audit Reports and other other Audit, Assurance and Attestation functions THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA(set up by an Act of Parliament) NOTIFICATION New Delhi, the 2nd August, 2019 No.1-CA(7)/192/2019.—Whereas, to curb the malpractice of …
Change of opinion not permissible for invoking proceedings u/s 147. ITAT quashed reassessment for payment of managerial remuneration in proprietorship firm ABCAUS Case Law Citation:ABCAUS 3099 (2019) (08) ITAT Important case law relied upon by the parties:CIT v. Kelvinator of India Ltd.: 320 ITR 561(SC) The instant appeal …
