• Income Tax

CBDT has exempted 702 startups from angel tax u/s 56(2)(viib) of Income Tax Act

7 years ago

CBDT has exempted 702 startups from angel tax u/s 56(2)(viib) of Income Tax Act. Startups receiving investments from Ventures Capital…

  • Income Tax

CBDT transfers 385 officers in the grade of Assistant Commissioner/Deputy Commissioner

7 years ago

CBDT transfers 385 officers in the grade of Assistant Commissioner/Deputy Commissioner CBDT has ordered the following transfer/postings of the officers…

  • GST

Filling compound,land etc. with silver sand & earthwork in layers classifiable as site preparation service

7 years ago

Indian Filling compound, tank, low land etc. with silver sand and earthwork in layers classifiable as site preparation service under…

  • RBI

RBI urges public to accept all coins, ignore rumours of fake coins

7 years ago

RBI urges public to accept all coins as legal tender. Bank urges traders, shop-keepers & public to not to give…

  • GST

DG Audit discloses GST audit plan & strategy for 2019-20. Audit to be desk-based for small taxpayers

7 years ago

DG Audit discloses GST audit plan & strategy for the year 2019-20. Audit to cause least inconvenience and shall be…

  • GST

Service of moving railway wagons/rakes classifiable as railway pushing & towing service

7 years ago

Service of moving empty or loaded wagons/rakes at siding is classifiable as railway pushing and towing service ABCAUS Case Law…

  • Income Tax

Cash Payments itself not undisclosed income unless corresponding asset found in search

7 years ago

Cash Payments itself not undisclosed income of assessee in the absence of corresponding asset found at the time of search.…

  • Income Tax

Not Pre-filling of ITR / TDS data-ITD advisory to Taxpayers

7 years ago

Not Pre-filling of ITR / TDS data-Taxpayers advised to verify pre-filled data carefully & fill manually if required, use latest…

  • Income Tax

Addition made only on the basis of statement which was later retracted unjustified – ITAT

7 years ago

Addition made only on the basis of statement which stood retracted on the next day itself was unjustified. ITAT deleted…

  • Income Tax

Reassessment order quashed for not supplying reasons recorded for re-opening despite written request

7 years ago

Reassessment order quashed for not supplying reasons recorded for re-opening the assessment u/s 148 in spite of assessee’s written request…