• Income Tax

Tax on Distributed income of Domestic Company for shares Buy-Back. Determination of amount as per Rule/section 115QA-CBDT Notification

9 years ago

Tax on Distributed income of Domestic Company for shares Buy-Back. Determination of amount as per Rule/section 115QA MINISTRY OF FINANCE…

  • ICAI

ICAI warns of Misleading advertisements by educational institutes representing as offering admission for chartered accountancy course

9 years ago

ICAI warns of Misleading advertisements by educational institutes representing themselves as offering admission for chartered accountancy course ICAI has issued…

  • Income Tax

Tax audit ITR Due date extension Jammu kashmir AY 2016-17 to 31-12-2016 for all categories of assessees. CBDT order us 119

9 years ago

Tax audit ITR Due date extension Jammu Kashmir AY 2016-17 to 31-12-2016 for all categories of assessees. CBDT order u/s…

  • ICAI

ICAI Revised Guidance Note-Audit of Consolidated Financial Statements 2016. Since 2003 number of developments took place necessitating revised version

9 years ago

ICAI Revised Guidance Note-Audit of Consolidated Financial Statements The Auditing and Assurance Standards Board of ICAI has released out a revised Guidance Note…

  • Income Tax

Public Sector Company Deemed Demerger on Shares Transfer by Central Government and reconstruction or splitting up. CBDT Notification No. 93/2016

9 years ago

Public Sector Company Deemed Demerger on Shares Transfer by Central Government  MINISTRY OF FINANCE Department of Revenue CENTRAL BOARD OF…

  • Income Tax

Difference in CPC Demand and Central Action Plan CAP-1. Income Tax Department study shows PrCCIT Regions-wise un-reconciled differences.

9 years ago

Difference in CPC Demand and Central Action Plan CAP-1. Income Tax Department study shows PrCCIT Regions -wise unreconciled differences. Directorate…

  • Income Tax

Partnership salary allowed in profit loss ratio as per deed as the remuneration clause provided the manner of quantifying as per CBDT Circular No. 739

9 years ago

Partnership salary allowed in profit loss ratio as per deed. Remuneration clause provided the manner of quantifying as per CBDT…

  • Income Tax

No Penalty 271(1)(c) even if quantum proceedings upheld additions. Merely because a bona fide explanation did not find favour, penalty not justified

9 years ago

No Penalty 271(1)(c) even if quantum proceedings upheld additions. Merely because a bona fide explanation did not find favour, it would not…

  • Companies Act

Insolvency and Bankruptcy Code 2016-ICAI Request to give suggestions on the Draft Rules and Regulations issued by MCA

9 years ago

Insolvency and Bankruptcy Code 2016-ICAI Request to give suggestions on the Draft Rules and Regulations as issued by the Ministry…

  • Income Tax

IDS 2016 Clarification-electronic communication of Form-2 and eligibility where search, seizure conducted on or after 01-06-2016. CBDT Instruction 11/2016

9 years ago

IDS 2016 Clarification Instruction No. 11 of 2016 F.No.142/8/2016-TPL(Part) Government of India Ministry of Finance Department of Revenue (Central Board…