• Income Tax

Section 139A not to apply to non-resident who invests in a specified fund

5 years ago

Section 139A not to apply to non-resident (except company) who makes investment in a specified fund subject to few conditions…

  • Income Tax

Govt. designates 3 Special Courts in Maharashtra for trial under Income-tax Act

5 years ago

Govt. designates three Special Courts in Maharashtra for trial of offences punishable under the Income-tax Act, 1961 MINISTRY OF FINANCE(Department…

  • SEBI

Trustees of Mutual Funds to appoint dedicated officer for administrative assistance

5 years ago

Trustees of Mutual Funds to appoint dedicated officer to give administrative assistance in monitoring various activities of the AMCs Securities…

  • Income Tax

No Penalty u/s 271AAB unless undisclosed income found from seized material

5 years ago

No Penalty u/s 271AAB unless undisclosed income found from seized material. Disclosure made in statement u/s 132(4) not sufficient to…

  • Income Tax

Penalty u/s 271(1)(c) upheld despite notice without specifying applicable charge

5 years ago

Penalty u/s 271(1)(c) upheld despite notice without striking off the not applicable charge as in penalty order AO specified the…

  • Income Tax

Education cess & Secondary and Higher Education Cess are allowable deductions

5 years ago

Education cess & Secondary and Higher Education Cess are allowable deduction while computing income chargeable under the head of profits…

  • Income Tax

Mutual Agreement Procedure (MAP) Guidance Notes by CBDT

5 years ago

Mutual Agreement Procedure (MAP) Guidance notes released by CBDT Mutual Agreement Procedure (MAP)  The Double Taxation Avoidance Agreements (DTAAs or…

  • Income Tax

CBDT transfers 13 officers in the grade of CCIT/DGIT. Additional charge given to 17 Officers

5 years ago

CBDT transfers 13 officers in the grade of CCIT/DGIT. Additional charge given to 17 Officers CBDT has made 13 transfer/postings…

  • Income Tax

Promotion and Transfer Postings in the grade of PrCCIT / Pr. DGIT – CBDT Order

5 years ago

Promotion and Transfer Postings in the grade of PrCCIT / Pr. DGIT - CBDT Order F. No. A-22011/3/2020-Ad-VIGovernment of India Ministry…

  • bankruptcy

Three IPs offered by IRP must be from State/UT with highest number of creditors

5 years ago

Three Insolvency Professionals offered by interim resolution professional must be from the State/UT which has highest number of creditors. IBBI…