• 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

10 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

10 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

10 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)

10 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.

10 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

10 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.

10 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

10 years ago

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

  • Income Tax

Two More Advance Pricing Agreements signed by CBDT related to Information Technology and Automobile sectors of the economy

10 years ago

Two More Advance Pricing Agreements signed by CBDT related to Information Technology and Automobile sectors of the economy Government of…

  • RBI

Old Notes cannot form part of bank cash balances as on 31-12-2016. RBI Circular-Closure of scheme of exchange of SBNsand Accounting

10 years ago

Old Notes cannot form part of bank cash balances as on 31-12-2016. RBI Circular-Closure of scheme of exchange of SBNs…