• Finance Ministry

Harsh punitive actions against shell companies to prevent misuse for money laundering and tax-evasion

10 years ago

Harsh punitive actions against shell companies to prevent misuse for money laundering and tax-evasion for unearthing black money post demonetization…

  • Income Tax

CPC intimation us 143(1) applying MMR on AOP trust invalid

10 years ago

CPC intimation us 143(1) applying MMR on AOP trust invalid as jurisdiction limited for disallowing only prima facie inadmissible deductions,…

  • ICAI

ICAI Condonation-additional study course with articleship. Non submission of Form 112 amnesty measure on payment of Rs. 5,000/- fee.

10 years ago

ICAI Condonation-additional study course with articleship. Non submission of Form 112  amnesty measure on payment of Rs. 5,000/- as condonation…

  • RBI

Updated FAQs on cash withdrawal-exchange of Bank Notes by RBI dated 09-02-2017

10 years ago

Updated FAQs on cash withdrawal-exchange of Bank Notes by RBI dated 09-02-2017. Effective March 13, 2017, there will be no limits…

  • Income Tax

Paperless Assessment proceedings-E-mail based communication. Review of performance. Revised format for reporting disposal of such assessments

10 years ago

Paperless Assessment proceedings-E-mail based communication. Review of performance. Revised format for reporting disposal of such assessments F.No. 225/267/2015 ITA-II Government…

  • CBDT

Honest tax­-payers will be treated with dignity and courtesy. Greater accountability and probity in actions taken by Income Tax Officers-CBDT

10 years ago

Honest tax­-payers will be treated with dignity and  courtesy. Greater accountability and probity in actions taken  by  Income Tax Officers-CBDT …

  • Income Tax

Framing Quality assessments in Income Tax. CBDT to monitor quality of assessments more closely. 10 cases to be reported from each range

10 years ago

Framing Quality assessments in Income Tax. CBDT to monitor quality of assessments more closely. 10 cases to be reported from…

  • Income Tax

Revision us 263-Use of word “appears” showed CIT was not sure how and in what manner the assessment order passed was without investigation-ITAT

10 years ago

Revision us 263-Use of word appears showed CIT was not sure as to how and in what manner the assessment…

  • ICAI

CA Misconduct-Non reporting book entry stocks debtors sales and accounts manipulation which was statutory requirement

10 years ago

CA Misconduct-Non reporting book entry stocks debtors sales and  accounts manipulation. Reporting modus operandi of bogus transactions was statutory requirement-High…

  • Income Tax

TDS Surveys-Spot Verification where current year TDS is lower by 15%

10 years ago

TDS Surveys-Spot Verification where current year TDS is lower by 15% than corresponding period of last year to be examined-CBDT…