Author: administrator
RBI abolishes RTGS and NEFT transactions charges, ATM Fee Structure also under review. The Reserve Bank levies minimum charges on banks for transactions routed through its Real Time Gross Settlement System (RTGS) meant for large-value instantaneous fund transfers and the National Electronic Funds Transfer (NEFT) System for other …
Procedure for online filing of TDS/TCS returns – CBDT Notification. Option of online filing through e-filing portal or submission at TIN Centres F. No.1/3/7/CIT(OSD)/E-Filing/TDS/TCS FORMS Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income Tax (Systems) Notification No. 10 /2019 New Delhi, 04, …
Penalty u/s 271D deleted as cash loan was repaid by cheque. Reasons accepted in quantum proceedings should have been accepted in penalty proceeding ABCAUS Case Law Citation: ABCAUS 2992 (2019) (06) ITAT Important Case Laws Cited/relied upon by the parties: M.S. Lakaiah Dimple Yadav 379 ITR 177 (All.) …
Surplus income from holding exhibition by chamber of commerce held eligible for exemption u/s 11 ABCAUS Case Law Citation: ABCAUS 2991 (2019) (06) ITAT Important Case Laws Cited/relied upon by the parties: Radiological & Imaging Association vs DDIT The instant appeal filed by the assessee was against the …
Extension of ITR filing due date for salaried employees for AY 2019-20 is inevitable As predicted, CBDT has extended due date of 31st July 2019 for filing ITR to 31.08.2019 Click Here >> As per the provisions of section 139 of the Income Tax Act, 1961 (the Act), …
Registration u/s 80G(5)(vi)-Applicant need not justify taking donations. Receiving fees in cash do not impair charitable character. Approval cannot be denied for contemplating carrying out in the future an activity not as per its stated objects. ABCAUS Case Law Citation: ABCAUS 2990 (2019) (06) ITAT The present appeal …
Securities and Exchange Board of India (Depositories and Participants) (Amendment) Regulations, 2019 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 4th June, 2019 SECURITIES AND EXCHANGE BOARD OF INDIA (DEPOSITORIES AND PARTICIPANTS) (AMENDMENT) REGULATIONS, 2019 No. SEBI/LAD-NRO/GN/2019/20.—In exercise of the powers conferred by section 30 of the …
Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2019 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 4th June, 2019 SECURITIES CONTRACTS (REGULATION) (STOCK EXCHANGES AND CLEARING CORPORATIONS) (AMENDMENT) REGULATIONS, 2019 No. SEBI/LAD-NRO/GN/2019/21.—In exercise of the powers conferred by sections 4, 8A and 31 of …
ITC of GST paid on building repairs not allowable to the extent of capitalisation – AAR The allowability of ITC of GST paid on building repairs is a matter of confusion among the various professionals and prone to litigation. The building repairs may involve the following among other things: Purchase …
No further disallowance when income is computed u/s 44AD. ITAT directs AO to make assessment u/s 44AD as desired by assessee who earlier declared lower net profits ABCAUS Case Law Citation: ABCAUS 2989 (2019) (06) ITAT The only issue in this appeal filed by the assessee was against …
