• Income Tax

Registration Procedure for statement us 285BA under Rule 114E for financial transactions under Income-tax Act 1961. CBDT Notification 13/2016

9 years ago

Registration Procedure for statement us 285BA under Rule 114E for financial transactions under Income-tax Act 1961. DGIT(S)-ADG(S)-2/e-filing notification/106/2016 Government of…

  • Income Tax

PMGKY 2016 Form-V Procedure for Registration and Submission for Reporting under PMGK Deposit Scheme 2016. CBDT Notification 14-2016

9 years ago

PMGKY 2016 Form-V Procedure for Registration and Submission for Reporting under Pradhan Mantri Garib Kalyan Deposit Scheme 2016. DGIT(S)-ADG(S)-2/e-filing notification/106/2016…

  • Income Tax

Reassessment notice issued with sanction from JCIT was void as under proviso to sub-section (1) of section 151 sanction was required from CCIT/CIT

9 years ago

Reassessment notice issued with sanction from JCIT was void as under proviso to sub-section (1) of section 151 sanction was…

  • Income Tax

Appeal dismissed for illegible loose papers restored. The Appeal was dismissed by CIT-A for illegible papers filed without covering letter

9 years ago

Appeal dismissed for illegible loose papers filed without covering letter restored by ITAT ABCAUS Case Law Citation: ABCAUS 1091 (2016)…

  • Income Tax

India Singapore Sign 3rd Protocol amending DTAA for source based taxation of share capital gains and transfer pricing cases-CBDT

9 years ago

India Singapore Sign 3rd Protocol amending DTAA for  source based taxation of share capital gains and to facilitate relieving of…

  • Finance Ministry

Specified Bank Notes Cessation of Liabilities Ordinance 2016 passed. Penalty of higher of Rs. 10000 or five times for dealing in old notes (SBNs)

9 years ago

Specified Bank Notes Cessation of Liabilities Ordinance 2016 passed. Penalty of higher of Rs. 10000 or five times for dealing…

  • RBI

Daily ATM cash withdrawal limit increased to Rs 4500 from 01-01-2017 per day per card from Existing limit of Rs. 2500.

9 years ago

Daily ATM cash withdrawal limit increased to Rs 4500  from 01-01-2017 per day per card from Existing limit of Rs.…

  • Income Tax

Capital gain deduction-House Sale-purchase from family members. Everybody entitled to arrange his affairs within law even if it results into tax reduction-ITAT

9 years ago

Capital gain deduction-House Sale-purchase from family members. Everybody entitled to arrange his affairs within law even if it results into…

  • ICAI

Recent Decisions of ICAI Ethical Standards Board related to chartered accountants/firm in practice.

9 years ago

Recent Decisions of ICAI Ethical Standards Board related to chartered accountants/firm in practice. Mentioning Knowledge Partner not permissible. Recent Decisions…

  • Income Tax

Direct Tax DRS Declaration filing date extended to 31-01-2017 regarding tax arrear or specified tax

9 years ago

Direct Tax DRS Declaration filing date extended to 31-01-2017 regarding tax arrear or specified tax under the Direct Tax Dispute…