CBDT provides ITR Filing Compliance Check Functionality for Scheduled Commercial Banks Now banks can check whether assessee has filed ITR…
When quantum additions deleted, penalty u/s 271(1)(b) not leviable for failure to comply with notices u/s 142(1). At best it…
Extension of time limit for compliance of action under GST anti-profiteering provisions to 30.11.2020 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD…
Use of Caveats, Limitations and Disclaimers by the Registered Valuers in Valuation Reports - IBBI Guidelines The IBBI has issued…
GSTN new functionalities-Multiple amendments enabled in Table-4 of GSTR-8 and TCS facility extended for Composition taxpayers New functionalities made available…
Addition for bogus purchases as unexplained cash credits whether u/s 68 or u/s 41(1) as cessation of liability? No additions…
Bank passbook / statements not books of account of assessee and hence no addition can be made u/s 68 of…
Income Tax to share information with Scheduled Commercial Banks MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No.…
Last date for filing GSTR-4 for FY 2019-20 extended to 31st October 2020 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF…
Relaxation in processing of documents of FPIs not to apply to entities from jurisdictions where lockdown has already been lifted…