GST Council approves CGST and IGST Bills. Main Features of Central Goods and Services Tax (CGST) and the Integrated Goods…
Election Commission bans exit polls till 9th March, 2017 evening Election Commission of India Press Release Dated: 04/03/2017 Ban on…
Disallowance us 40A(3) when income-profits are estimated. ITAT following Allahabad High Court judgment deletes additions for cash payments u/s 40A(3)…
Revised Pension claim Form-Aadhaar. Simplified UAN based Form 10-D has been revised. Aadhaar authentication was made compulsory earlier-EPFO EMPLOYEES' PROVIDENT…
Issue of notice us 133(6) for cash deposits verification under Operation Clean Money. CBDT issues Instructions for procedure to be…
Section 43B applicable to both employee and employer contributions. No disallowance can be made u/s 36(1)(va) if paid before ITR…
ICAI-Penalty u/s 271J on chartered accountants be withdrawn. ICAI advocates withdrawal of penalty in its Post-Budget Memorandum submitted to the…
Cash transaction charge Rs 150 per transaction by banks plus taxes & cess after 4 free cash transactions per month.…
Commercial expediency-Disallowance for loan-advance u/s 40A(2).Once commercial expediency established beyond doubt no further test to be applied -Allahabad High Court…
Income declared us 132(4) is voluntary offer, the statement cannot be considered as detection by the Revenue. Penalty u/s 271(1)(c)…