• Income Tax

Penalty 271(1)(c) can not be imposed when High Court admits substantial question of law on addition making apparent that it is debatable – ITAT

9 years ago

Penalty 271(1)(c) can not be imposed when High Court admits substantial question of law on quantum addition making apparent that…

  • Income Tax

Penalty 271(1)(c) for claiming Short Term Capital Gain STCG as Long Term Capital Gain LTCG and deduction us 54F quashed by the ITAT

9 years ago

Penalty 271(1)(c) for claiming STCG as LTCG and deduction us 54F quashed by the ITAT holding that if the assessee had not concealed…

  • Income Tax

Penalty us 271FA for late filing AIR Return quashed. Country’s tax laws are complex, complicated and require assistance of specialised tax practitioners

9 years ago

Penalty us 271FA for late filing AIR Return quashed by ITAT considering that the tax laws of the country are complex and…

  • IRDAI

IRDAI-Guidelines on Remuneration of Non-executive Directors and Managing Director /Chief Executive Officer / Whole-time Directors of Insurers

9 years ago

To all Private sectors Insurers Ref:IRDA/F&A/GDL/LSTD/154/08/2016 Date:05-08-2016 Guidelines on Remuneration of Non-executive Directors and Managing Director /Chief Executive Officer /…

  • Income Tax

Computation of book profit for the purposes of levy of MAT u/s 115JB for Indian Accounting Standards (Ind AS) compliant companies-Framework

9 years ago

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 5th August, 2016. PRESS…

  • Black Money

Agreement between India and Saint Kitts for information Exchange relating to taxes.

9 years ago

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 21st July, 2016 S.O. 2488(E).—Whereas, an Agreement between the Government…

  • GST

Next Steps in Goods and Service Tax-Road map to GST Revenue Secretary’s presentation after passage of Constitution Amendment Bill

9 years ago

NEXT STEPS GOODS AND SERVICES TAX: THE ROADMAP TO GST  Revenue Secretary's presentation on next steps required about GST after…

  • EPFO

Employers attestation not required for UAN based Claim Form No. 31 (UAN). EPFO clarification

9 years ago

For Web Circulation Only Employees Provident Fund Organization Ministry of Labour and Employment  Govt. of India No. WSU/10(1)2011/Changes in MAP/2078…

  • EPFO

EPFO-filing online epf returns by units of exempted establishments. Clarification that only the main establishment is required to file online returns

9 years ago

Employees' Provident Fund Organisation (Ministry of Labour, Govt. Of India) No. C-Ex/32(27)07/WB/EX/EZ/8848                …

  • RBI

Cheque dishonour-Cheque book non issue procedure relaxation. Even for four dishonours during FY for insufficient fund bank to determine their response.

9 years ago

Dishonour of cheques – Modification in procedure RBI/2016-17/33 DBR.No.Leg.BC.3/09.07.005/2016-17 August 04, 2016 All Scheduled Commercial Banks (Including RRBs) Dear Sir/…