• RBI

Download application format for marriage cash withdrawal List of documents-proof to be annexed with the application as per latest RBI Guidelines

10 years ago

Download application format for marriage cash withdrawal  List of documents-proof to be annexed with the application as per latest RBI…

  • RBI

Revision in cash withdrawal limit for farmers-traders registered with APMC markets/mandi. Limit is 25000 for farmers and 50000 for Traders-RBI

10 years ago

Revision in cash withdrawal limit for farmers-traders registered with APMC markets/mandi. Limit is 25000 for farmers and 50000 for Traders-RBI …

  • Finance Ministry

Old bank notes of 500 accepted for seed purchase with proof of identity from Central/State Govt. Centres, PSUS or specified Corporations Universities

10 years ago

Old bank notes of 500 accepted for seed purchase with proof of identity from Central/State Govt. Centres, PSUS or specified…

  • RBI

Substandard classification of bank loans deferred 60 days due to demonetisation. Relief given in repayment by RBI relaxing Prudential Norms

10 years ago

Substandard classification of bank loans deferred 60 days due to demonetisation. Relief given in repayment by RBI relaxing Prudential Norms…

  • Income Tax

Demonetised notes not unexplained money us 69A-No penalty 271(1)(c) for concealment warranted-High Court Judgment on 1978 Demnetisation

10 years ago

Demonetised notes not unexplained money us 69A-No penalty 271(1)(c) for concealment warranted-High Court Judgment on 1978 Demnetisation The recent demonetisation…

  • Income Tax

Security deposit written off allowed as business loss us 37(1) even though rent security w/o in books was claimed wrongly as bad debts u/s 36.-ITAT

10 years ago

Security deposit written off allowed as business loss us 37(1) even though rent security w/o in books was claimed wrongly…

  • ICAI

No leakage of ICAI question paper-7 Direct Tax Laws of CA Final examination held on 13-11-2016. Institute refutes social media reports

10 years ago

No leakage of ICAI question paper-7 Direct Tax Laws of CA Final examination held on 13-11-2016. Institute refutes social media…

  • Income Tax

Sikkim connection of Demonetisation Scheme and Black Money Conversion. No income tax payable by Sikkimese person u/s 10(26AAA)

10 years ago

Sikkim connection of Demonetisation Scheme Tax Evasion. No income tax payable by Sikkimese person u/s 10(26AAA) of Income Tax Act,…

  • Income Tax

Penalty us 221(1) on tax due as per revised return of income. It is not correct to levy penalty on the amount due as per original return of income-ITAT

10 years ago

Penalty us 221(1) on tax due as per revised return of income. It is not correct to levy penalty on…

  • Income Tax

CIT-A can decide appeal against CIT revision order us 263 when no direction given to make assessment in a particular way-ITAT

10 years ago

CIT-A can decide appeal against CIT revision order us 263 when no direction given to make assessment in a particular…