• Income Tax

Amendment to Instruction-Special Public Prosecutors Engagement (SPPs) to represent Income Tax before Courts of Session/subordinate courts

10 years ago

Amendment to Instruction-Special Public Prosecutors Engagement (SPPs) to represent Income Tax Department before Courts of Session/subordinate courts F. No. 279/…

  • Income Tax

Penalty for late filing TDS return us 272A(2)(k) quashed as accountant had changed

10 years ago

Penalty for late filing TDS return us 272A(2)(k) quashed as accountant had changed during the year and assessee was not…

  • Income Tax

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

10 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

10 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

10 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

10 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

10 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.

10 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

10 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

10 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…