• Income Tax

Concealment penalty deleted for excess salary appearing in Form 26AS on revision by employer

7 years ago

Concealment penalty deleted for excess salary appearing in Form 26AS on revision by employer. ITAT accepted assessee's explanation as bonafide…

  • Income Tax

Depreciation rate on printers. Printers being part of computer systems entitled for depreciation at 60%

7 years ago

Depreciation rate on printers under Income Tax. Computer peripherals like printers part of computer system & entitled for depreciation at…

  • Income Tax

Condonation of delay in filing Form no. 10B for AY 2016-17 & AY 2017-18. Deadline extended

7 years ago

Condonation of delay in filing Form no. 10B for AY 2016-17 & 2017-18. Deadline extended to 30.09.2020 for belated applications. …

  • Income Tax

CBDT extends last date for linking PAN & Aadhaar to 31.12.2019 from 30.09.2019

7 years ago

CBDT extends last date for linking PAN & Aadhaar from 30th September, 2019 to 31st December, 2019. CBDT Notification  [TO…

  • Empanelment

Empanelment of CAs for office of Official Liquidator, High Court of Gujarat

7 years ago

Empanelment of CAs for office of Official Liquidator, Gujarat High Court EMPANELMENT NOTICE Application for Empanelment of Chartered Accountants for…

  • Income Tax

Penalty u/s 271(1)(c) on notional interest on debit balances in capital account of some partners deleted

7 years ago

Penalty u/s 271(1)(c) on disallowance of notional interest on debit balances in capital account of some of the partners deleted…

  • CA CS CMA

CBDT extended ITR filing and Tax Audit due date to 31.10.2019 with interest u/s 234A. Read CBDT Order

7 years ago

CBDT has extended ITR filing and Tax Audit due date to 31.10.2019  CBDT has extended the ITR and Tax Audit…

  • Income Tax

No penalty can be imposed u/s 271(1)(c) on preponderance of probabilities – ITAT

7 years ago

No penalty can be imposed u/s 271(1)(c) on preponderance of probabilities and Revenue has to prove that claim of expenses…

  • Income Tax

Guidelines for conduct of assessment proceedings through ‘E-Proceeding’ facility during FY 2019-20

7 years ago

Guidelines for conduct of assessment proceedings through 'E-Proceeding' facility during FY 2019-20. Exceptions, personal attendance and hearings Circular No. 27/2019…

  • Income Tax

Extension of time for completing assessments in Operation Clean Money cases where ITR not filed u/s 142(1)

7 years ago

Further Extension of timeline for completing assessments in Operation Clean Money cases where no return filed in response to notice…