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NSDL latest e-TDS TCS Return Preparation Utility (RPU) Version 5.3 from FY 2007-08 NSDL has revised the e-TDS TCS RPU utility for preparing of TDS/TCS returns. e-TDS/TCS RPU version 5.3 for Statement(s) from FY 2007-08 onwards has been released. Also e-TDS/TCS File validation utility (FVU) versions 2.184 for …
Electronic Submission of DGFT Appendix 4H Certificates digitally signed by Chartered Accountants, Company Secretaries, Cost Accountants, Chartered Engineers, etc. Government of IndiaMinistry of Commerce and IndustryDepartment of CommerceDirectorate General of Foreign TradeVanijya Bhawan, New Delhi Date: 17 October 2024 Trade Notice No. 21 /2024-25 ToAll Exporters/Members of Trade …
Cryptic order passed in casual manner by CIT(A) liable for imposition of cost on account of gross violation of statutory provisions of law and principles of natural justice. In a recent judgment, the ITAT Amritsar has held that a cryptic order passed in casual manner by the CIT(A) …
Empanelment to act as ICAI exam observers for January 2025 CA Examination. Last date to apply is 20.11.2024 Empanelment of Chartered Accountant Members to act as Observers at Examination Centres for The Chartered Accountants Examinations to be held in January 2025 ICAI proposes to empanel members to act …
CBDT notifies tolerance range in transfer pricing for variation between ALM u/s 92C for AY 2024-25 MINISTRY OF FINANCE(Department of Revenue) Notification No. 116/2024 New Delhi, the 18th October, 2024 INCOME-TAX S.O. 4571(E).—In exercise of the powers conferred by the third proviso to sub-section (2) of section 92C …
Loose excel sheets without any corroboration thereof, was not adequate enough to draw adverse inference of unaccounted loans by the assessee-firm – ITAT In a recent judgment, the ITAT Chennai has held that loose excel sheets found during search without any corroboration thereof, was not adequate enough to …
CBDT Notifies the Income-tax (Eighth Amendment) Rules, 2024. Income /Loss and ITDS employee may report to employer in Form12BA MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 112/2024 New Delhi, the 15th October, 2024 G.S.R. 639(E).— In exercise of the powers conferred by section 295 …
CBDT issues revised guidelines 2024 for compounding of offences under Income-Tax Act 1961 In conformity with the Finance Minister’s budget announcement on simplification and rationalization of compounding procedure, CBDT has issued Revised Guidelines for Compounding of offences under the Income-tax Act, 1961(the ‘Act’) on 17.10.2024. Section 279(2) of …
Penalty u/s 271B confirmed for lack of proof that Books of accounts were destroyed by termite In a recent judgment, the ITAT Visakhapatnam has confirmed penalty u/s 271B holding that assessee was not able to submit any evidences to show that books of accounts were destroyed by white …
Whether assessee filed or not filed return in view of section 10(26)(AAA) tax can not be levied on the assessee being a Sikkimese. In a recent judgment, the ITAT Kolkata has held that irrespective of whether assessee filed or not filed return of income, in view of section …