Committees to visit States to report status of demonetisation scheme implementation. At least 2 days to be given to allocated…
Download application format for marriage cash withdrawal List of documents-proof to be annexed with the application as per latest RBI…
Revision in cash withdrawal limit for farmers-traders registered with APMC markets/mandi. Limit is 25000 for farmers and 50000 for Traders-RBI …
Old bank notes of 500 accepted for seed purchase with proof of identity from Central/State Govt. Centres, PSUS or specified…
Substandard classification of bank loans deferred 60 days due to demonetisation. Relief given in repayment by RBI relaxing Prudential Norms…
Demonetised notes not unexplained money us 69A-No penalty 271(1)(c) for concealment warranted-High Court Judgment on 1978 Demnetisation The recent demonetisation…
Security deposit written off allowed as business loss us 37(1) even though rent security w/o in books was claimed wrongly…
No leakage of ICAI question paper-7 Direct Tax Laws of CA Final examination held on 13-11-2016. Institute refutes social media…
Sikkim connection of Demonetisation Scheme Tax Evasion. No income tax payable by Sikkimese person u/s 10(26AAA) of Income Tax Act,…
Penalty us 221(1) on tax due as per revised return of income. It is not correct to levy penalty on…