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Concealment penalty on filing revised return after enquiry by Investigation Wing deleted as revised return was within the stipulated period prescribed u/s 139(5) ABCAUS Case Law Citation:ABCAUS 3061 (2019) (07) ITAT Important Case Laws Cited/relied upon by the parties:CIT Vs. Kulwant Singh’ (2019) 104 Taxmann.com 340 The instant …
Cash deposited in bank from amount given by husband for household expenses. ITAT accepted the explanation and deleted addition made u/s 69A ABCAUS Case Law Citation: ABCAUS 3060 (2019) (07) ITAT The instant appeal was filed by the assessee against the order of the CIT(A) whereby he partially …
Income of non resident shipping company u/s 172-Assessee asked to furnish proof that income tax return filed in foreign country or certificate from IRA ABCAUS Case Law Citation:ABCAUS 3059 (2019) (07) ITAT Important Case Laws Cited/relied upon by the parties:Alabra Shipping Pte Ltd. (2016) 129 DTR (Rjt) (Trib) …
Clarifications on frequently asked questions (FAQ), regarding filing of NFRA-1 form Q 1. Who needs to file NFRA-1 Form? Ans. Kindly refer to the chart below: *Â As on date, no Body Corporate has been notified under Section 1 (4) (f) of the Companies Act, 2013. #Â A foreign company …
Issues on payment of 3rd installment under IDS-2016. Bank Holidays towards due-date and delayed credit by Bank. CBDT Circular Circular  No. 15/2019 Government of IndiaMinistry of Finance Department of RevenueCentral Board of Direct Taxes (ITA. II) North Block, New Delhi, the 12th day of July, 2019 Subject: Issues …
Clarification on certain procedural and technical issues regarding IDS 2016. Excess payment of liability, non uploading IDS Form 3. CBDT Order u/s 119 F. No.225/282/2017/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (ITA.II) North Block, New Delhi, the 12th day of …
Requirement u/s 143(2) is of service of notice and not issue of notice. ITAT explains the law on service of notice under Income Tax Act , 1961 ABCAUS Case Law Citation:ABCAUS 3058 (2019) (07) ITAT Important Case Laws Cited/relied upon by the parties:V. R. A. Cotton Mills P. …
RBI extends last date for filing Foreign Liabilities and Assets FLA return for 2018-19 to 31.07.2019 RBI, in view of the recent change in reporting platform for submission of FLA return, has extended the last date for filing the FLA return for 2018-19 to July 31, 2019 for …
Mobile application for verification of e-way bill by UP Commercial Department Commercial Tax Department, Uttar Pradesh, under section 68 of UP GST Act 2017 and rule 138B of UPGST Rules, has issued directions for making checking of transport vehicles carrying goods, easy and effective. As per the directions, …
Download Pre-filled XML of ITRs 1, 2, 3 and 4 for AY 2019-20. Step by Step Procedure Pre-filled XML of ITR 1, 2, 3 and 4 for AY 2019-20 are now available at Income tax efiling website. Prefilled XML of other ITRs are expected shortly. Step by Step …
