Day: September 13, 2019
Instructions for Processing of time barred returns with refund claims. Detailed scheme of validation and process for ITRs from AY 2006-07 to 2017-18 ITBA-Processing Instruction No 9 DIRECTORATE OF INCOME TAX (SYSTEMS)ARA Center, Ground Floor, E-2, Jaandewalan ExtensionNew Delhi-110055 F. No. System/ITBA/Instruction/ITR Processing/177/16-17/ Dated : 12.09.2019 To,All Principal Chief …
A company cannot have any personal expenditure. ITAT deleted ad hoc disallowance on vehicle running and maintenance expenditure ABCAUS Case Law Citation:ABCAUS 3146 (2019) (09) ITAT In the instant case, one of the issue was related to ad-hoc disallowance being 10% of the vehicle repairs and maintenance expenditure. …
Biggest ever pan-India operation against fraudulent claim of IGST refund by exporters A biggest ever pan-India joint operation was carried out jointly by Directorate General of GST Intelligence and Directorate General of Revenue Intelligence against fraudulently claiming refund of IGST by exporters DGGI & DRI crackdown …
Cost Inflation Index Chart for FY 2019-20 notified by CBDT. Read Up to date table of CII from FY 2001-02 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 12th September, 2019 (INCOME-TAX) S.O. 3266(E).—In exercise of the powers conferred by clause (v) of …
Income Tax E-assessment Scheme 2019 notified by CBDT from 12.09.2019. Read Notification MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 61/2019- Income Tax New Delhi, the 12th September, 2019 S.O. 3264(E).-In exercise of the powers conferred by sub-section (3A) of section 143 of the Income-tax …
