Month: December 2019
Doctors retainership fee held taxable as professional income not salary. The agreement demonstrated no master-servant relationship ABCAUS Case Law Citation:ABCAUS 3205 (2019) (12) ITAT Important case law relied upon by the parties:ACIT vs. Fortis Healthcare Ltd., 157 ITD 746ITO vs. Apollo Hospitals International Ltd., 64 SOT 302CIT vs. …
Payment of interest on interest on delayed refund u/s 244A. Delayed refund becomes part of principle amount and delayed interest includes interest for not refunding it. ABCAUS Case Law Citation:ABCAUS 3204 (2019) (12) HC Important case law relied upon by the parties:Sandvik Asia Ltd. Vs. Commission of Income …
High Court denied bail to GST Audit Superintendent when trap proceedings were followed as per rules though bribe money was recovered from wash room ABCAUS Case Law Citation:ABCAUS 3203 (2019) (12) HC In the instant case the applicant (GST Superintendent) had moved a bail application under Section 439 …
Section 293 puts absolute bars to filing suit in Civil Courts with regard to any proceedings held under the Income Tax Act – Allahabad High Court. ABCAUS Case Law Citation:ABCAUS 3202 (2019) (12) HC Important case law relied upon by the parties:Commissioner of Income Tax and another. Vs. …
Ad-hoc appointment to the grade of ACIT against vacancy year 2017-18 from 23.08.2019 to 22.08.2020 F.No. A-32013/1/2018- Ad.VIGovernment of India Ministry of Finance Department of Revenue(Central Board of Direct Taxes)***** North Block, New Delhi. The 20th December, 2019. Office Order No. 262 of 2019 In continuation of Office …
ICSI Postpones CS Exams scheduled on 20th and 21st December 2019 at all Centres across the Country and Abroad ICSI Announcement on Postponement of CS Exams It is hereby informed that the exams in respect of the following papers scheduled on 20th December and 21st December 2019 stands …
Extension of due date of payment of TDS u/s 194M and issue of Certificate in Form 16D for Sep-Oct 2019 F. No. 370142/18/2019-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueTax Policy DivisionCentral Board of Direct Taxes***** Circular no. 31/2019 147B-II, North Block, New DelhiDated 19’h December, 2019 Subject: Order …
CBDT revises Format of CA report u/s 80JJAA in respect of deduction for employment of new employees MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 104/2019 New Delhi, the 18th December, 2019 INCOME-TAX G.S.R. 937(E).—In exercise of the powers conferred by clause (c) of sub-section …
Revision u/s 263 done on issues not covered under limited scrutiny quashed as AO had already verified those issues for which limited scrutiny was conducted. ABCAUS Case Law Citation:ABCAUS 3201 (2019) (12) ITAT Important case law relied upon by the parties:Malabar Industrial Co. Ltd., (2000) 243 ITR 83(SC) …
Income Tax Act is welfare not penal legislation. intention is to provide benefit of doubt to assessee in the given facts and circumstances ABCAUS Case Law Citation:ABCAUS 3200 (2019) (12) ITAT In the instant case, the appeal was preferred by the assessee against the order of the CIT(Appeals). …