Expeditious refund issue high priority for CBDT. Over 4.19 crore ITRs processed and over 1.62 crore refunds issued during Current…
Operation Clean Money by Income Tax Department gets overwhelming response. More than 5.27 lakh taxpayers submitted response till 12-02-2017. Ministry…
ICAI-Increase in Annual Membership-COP Fees from 01-04-2017. Institute has revised the fees to be paid by chartered accountants [TO BE…
Addition us 68 for accommodation entries-don't shoot the messenger. Addition restricted to commission earned on accommodation entries-ITAT ABCAUS Case Law…
Empanelment of Experts-Mediators Conciliators for 2017-18 Western Region, Mumbai. The last date for receiving application is 15-03-2017 before 5 PM…
Penalty 271(1)(c) for claiming higher Housing Loan Interest deduction u/s 24(b) deleted. The AO did not detect mistake but noticed…
Limitation Period us 153-Contention was that ITAT had set aside Assessment order of CIT-A only and not order of the…
FAQ-Online Cash Deposit Transactions Response-Online response can be submitted by 15th Feb 2017. CBDT has issued 35 points FAQ for…
Harsh punitive actions against shell companies to prevent misuse for money laundering and tax-evasion for unearthing black money post demonetization…
CPC intimation us 143(1) applying MMR on AOP trust invalid as jurisdiction limited for disallowing only prima facie inadmissible deductions,…