• Excise/Custom

Custom Duty Free Shops Digital accounting records of receipt storage operations and removal of goods. Custom Circular No. 32/2016

10 years ago

Circular No. 32 / 2016 - Customs F. No: 473 / 05 / 2015 – LC Govt. of India Ministry…

  • Income Tax

No disallowance us 40aia if Form 15G 15H not furnished to Commissioner as there is no liability to deduct TDS – ITAT

10 years ago

No disallowance us 40aia if Form 15G 15H not furnished to Commissioner as there is no liability to deduct TDS.…

  • Income Tax

Expenditure claim allowed in assessment proceedings can not be disallowed/restricted u/s 154 – ITAT

10 years ago

Expenditure allowed in assessment proceedings can not be restricted/disallowed in rectification proceedings u/s 154 which has a limited scope - ITAT…

  • Income Tax

Wheel loaders Graders are Motor vehicles eligible for higher depreciation rate at 40% – ITAT

10 years ago

Wheel loaders, Graders are Motor vehicles and are certainly eligible for higher depreciation rate at 40% as per Appendix I…

  • Income Tax

Revised formats of income tax notices u/s 143(2). Three separate formats for limited scrutiny, complete scrutiny and manual selection. CBDT Notification

10 years ago

F. No. 225/162/2016/ITA.II Government of India Ministry of Finance Department of Revenue CBDT North Block, New Delhi, dated the 11th…

  • ICAI

ICAI-Discontinue receiving hard copy of Journal. Go Green Initiative in view of e-Journal available in PDF and user-friendly e-magazine formats

10 years ago

ICAI-Discontinue receiving hard copy of Journal. Go Green Initiative in view of e-Journal available in PDF and user-friendly e-magazine formats…

  • Income Tax

Income Declaration Scheme ICDS 2016 Confidentiality-No Official to disclose to any person/authority any document/records. CBDT Notification 56/2016

10 years ago

Income Declaration Scheme ICDS 2016 Confidentiality GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 56/2016, F.No.142/8/2016-TPL ORDER…

  • Income Tax

No TDS Deduction us 197A1D by IFSC Banking Units IBUs on deposits by non-resident on or after 01-04-2005. CBDT Circular 26/2016

10 years ago

Circular No 26/2016 F.No. 275/26/2016-IT(B) Government of India Ministry of Finance Department  of  Revenue Central Board of Direct Taxes North…

  • Income Tax

No TDS late deposit interest if cheque deposited in bank within due date – ITAT

10 years ago

No TDS late deposit interest if cheque deposited in bank within due date in view of CBDT Circular No. 261…

  • Income Tax

Bad debts written off in same/first assessment year eligible for deduction u/s 36(1)(vii) after amendment and in terms of CBDT Circular 12/2016

10 years ago

Debts written off in the same/first assessment year eligible for deduction u/s 36(1)(vii) as after the amendment w.e.f. 1st April…