• Income Tax

CBDT-Signing of 11 unilateral Advance Pricing Agreements (APAs) on 28/03/2016

10 years ago

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 29th March,…

  • Income Tax

Indian National Congress Party (INC-I) not entitled to exemption u/s 13A being failed comply with three conditions of the section 13A

10 years ago

In a recent judgment, the Delhi High Court has held that Indian National Congress Party (INC) (I) not entitled to…

  • FCRA

Extension-Registration validity and renewal under FCRA 2010. Registration Validity extended to 31-10-2016 and renewal application time to 30-06-2016

10 years ago

F. No. 11/21022/36{027)/2015-FCRA-II Government of India Ministry of Home Affairs Foreigners Division (FCRA Wing) 1st Floor, NDCC-11 Building, Jai Singh…

  • Sukanya Samriddhi

Sukanya Samriddhi Account Rules 2016. Amendment and Revised Rules Government Notification

10 years ago

Sukanya Samriddhi Account Rules 2016 Government Notification The Government has amended Sukanya Samriddhi Account Rules 2014 by 2016 Rules MINISTRY…

  • Income Tax

Mere AIR information that deposits made in bank account not indicative that income has escaped assessment u/s 147

10 years ago

In a recent judgment, ITAT Amritsar has upheld that the mere AIR information that deposits were made in a bank account do…

  • Income Tax

Additions u/s 69A upheld for maximum peak bank deposits instead of closing balances for the day

10 years ago

In a recent judgment, ITAT, Amritsar has ruled that CIT(A) was right in taking the the highest amount of cash deposits…

  • Income Tax

Assessing Officer to apply directly for PAN allotment in arrears demand cases without PAN

10 years ago

Income Tax Department has issued an instruction ( ITBA-PAN Instruction No.4) dated 1st March, 2016 to all Chief/Principal Commissioners regarding allotment of…

  • Income Tax

Selection of scrutiny for the cases selected manually on the basis of recommendations of CPC for AY 2013-14

10 years ago

Selection of scrutiny for the cases selected manually on the basis of recommendations of CPC for AY 2013-14 AST- Instruction…

  • Income Tax

Keyman Insurance Policy (KIP) Premium is an allowable business expenditure

10 years ago

In a recent judgment, ITAT Amritsar has endorsed that Premium of Keyman Insurance Policy (KIP) is an allowable business expenditure. Case…

  • Income Tax

Shipping charges using non-resident shipping are not liable to TDS u/s 172(8) as supplemented by CBDT Circular No. 723/1995

10 years ago

ITAT Amritsar, in a recent judgment has held that shipping charges (Inland haulage charges, Terminal handling charges, Bunker adjustment factor,…