• Income Tax

email based paperless assessment proceedings scheme. Hyderabad and Kolkata added in list as 6th 7th cities after Ahmedabad Delhi, Bangalore, Chennai, Mumbai

10 years ago

email based paperless assessment proceedings scheme. Hyderabad and Kolkata added in list as 6th 7th cities  F.No.225/267/2015/ITA.II Government of India…

  • Income Tax

Section 292BB can not cure time barred notice us 1432 issued after prescribed time limit. There is distinction between issue, service of notice-Allahabad HC

10 years ago

Section 292BB can not cure time barred notice us 143(2) issued after prescribed time limit. There is distinction between issue…

  • Income Tax

Committee notified for examining applications under Rule 10VA for approval of offshore funds having fund managers located in India-CBDT Press Release

10 years ago

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, the 23…

  • Income Tax

FMV determination and reporting requirement for Indian concern-Indirect transfer provisions-section 9(1)-CBDT Press Release

10 years ago

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, Dated 23rd…

  • Income Tax

Form 15G 15H UID Furnishing Relaxation for the quarter ending 31-12-2015 and 31-3-2016 in the quarterly statement of deduction of tax-CBDT Circular 18/2016

10 years ago

Form 15G 15H UID Furnishing Relaxation for the quarter ending 31-12-2015 and 31-3-2016 Circular No 18/2016 F.No 142/32/2015-TPL Government of…

  • Income Tax

Period of reference us 144B-144BA to be excluded for limitation u/s 153 except where IAC/CIT exercises powers, performs functions of ITO-Supreme Court

10 years ago

Period when reference was made to IAC u/s 144B (now 144BA) to be excluded while computing the period of limitation u/s…

  • RBI

Global Volatility-India was better prepared. India should try to take sensible measures without getting too ambitious, as we have done so far-Governor RBI.

10 years ago

Global volatility-India was better prepared. India should try to take sensible measures without getting too ambitious, as we have done…

  • RBI

Strengthening Free Enterprise in India – from tiny shops to large internet start-ups, the spirit of entrepreneurship is alive-Raghuram Rajan, Governor RBI

10 years ago

Strengthening Free Enterprise in India - from tiny shops to large internet start-ups, the spirit of entrepreneurship is alive. Reserve Bank…

  • Income Tax

Fresh tangible material not required to reopen if return processed u/s 143(1) and intimation is sent. AO to form only reasons to believe that income escaped-Delhi High Court

10 years ago

Fresh tangible material not required to reopen an assessment where the initially the return of income is processed u/s 143(1) and an…

  • Income Tax

CBDT Instruction 1916 Jewellery relief is applicable to additions also. This is held by ITAT Delhi taking the pre-dominant view of various High Courts

10 years ago

CBDT Instruction 1916 dated 11-05-1994 cbdt-instruction-1916 Jewellery relief is applicable to additions also. This is held by ITAT Delhi taking…