Procedure for registration and submission of SFT u/s 285BA under Rule 114E modified. With effect from 9th April 2018, registration,…
Order of prosecution for TDS late deposit open to judicial review but in a limited manner to ensure that the…
Procedure for submission of electronic Form No 60 declaration by a person not having a PAN who enters into any…
CBDT notifies Income Tax Return Forms for Assessment Year 2018-19 The Central Board of Direct Taxes(CBDT) has notified Income Tax…
Pensioners also eligible to standard deduction of Rs 40,000/- or the amount of pension, whichever is less, under Section 16…
Penalty u/s 271B for sales disclosed during survey can not be levied for failure to get accounts audited u/s 44AB…
Expenses claimed in profit and loss account not amount to concealment. ITAT deletes penalty u/s 271(1)(c) following Supreme Court judgment ABCAUS…
Process to be followed for registration as Registered Valuer with Insolvency and Bankruptcy Board (IBBI) of India under the Companies…
For rectification of wrong penalty section no notice u/s 154(3) was required to assessee as he was aware of offence…
CBDT constitutes working group on High Net Worth Individuals-HNWI. They may migrate to other countries and treat themselves non-residents for…