Author: administrator
Maximizing Revenue collection without harassment is immediate priority – CBDT Chairman New appointed CBDT Chairman Shri P. C. Mody in his maiden message as chairman, CBDT has marked the maximizing Revenue collection as immediate priority. For accelerating the Revenue he has stressed on the need to widen and …
Writ Petition was not maintainable against show cause notice on the issue of service tax classification as cargo handling service instead of goods transport agency–Supreme Court quashes High Court order ABCAUS Case Law Citation:ABCAUS 2802 (2019) (02) SC Important Case Laws Cited/relied upon by the parties Deputy Commissioner, …
CBDT authorises PrCCIT to give additional charge of vacant post of CIT-Appeals CBDT, in order to ensure speedy disposal of pending cases has authorised the Principal Chief Commissioners of Income Tax (CCA) to assign additional charge of the vacant post of CIT(Appeal) under its jurisdiction. The PrCCIT can …
Allowability u/s 37(1) of fine /penalty for redemption of goods ordered to be confiscated for breach of import conditions – High Court explains the Law ABCAUS Case Law Citation:ABCAUS 2801 (2019) (02) HC Important Case Laws Cited/relied upon by the parties CIT V/s. Ahmedabad Cotton Mfg. Co Ltd. …
CBDT busts bogus donation racket u/s 35(1)(ii) by Rural Development Society, Hyderabad by issuing forged certificates of more than Rs. 40 crores F. No. 225/26/2019-ITA (II) Government of India Ministry of Finance Department of RevenueCentral Board of Direct Taxes**** Room No. 245A, North BlockNew Delhi, the 25th February, …
Depreciation on Car registered in the name of Director- Supreme Court dismisses SLP of the Revenue against dismissal of the question of law ABCAUS Case Law Citation: ABCAUS 2800 (2019) (02) SC The Hon’ble Supreme Court has dismissed the SLP of the Revenue against inter alia the issue …
RBI has decided to merge the three categories of NBFCs viz. AFC, LCs and ICs into a new category called NBFC-Investment and Credit Company (NBFC-ICC) Over a period of time, evolution of the NBFC sector has resulted in several categories of NBFCs intended to focus on specific sector/ …
Instruction Kit for ACTIVE eForm INC-22. MCA releases Form with help/important Points for Successful Submission of the e-Form The notice of change of the situation of the registered office and verification thereof shall be filed in Form No. INC-22 along with the fee and shall be attached to …
ICAI advisory on e-Form ACTIVE to be filed by every company incorporated on or before 31.12.17 ANNOUNCEMENT Sub: Any company incorporated on or before the 31.12.17 shall file the particulars of the company and its Registered Office, in E-Form ACTIVE (Active Company Tagging Identities and Verification) on or …
Pre-dating demand notice even before the assessment order was passed showed the assessee was denied any opportunity of hearing in violation of natural justice – ITAT ABCAUS Case Law Citation: ABCAUS 2799 (2019) (02) ITAT In the instant case, the assessee had filed the appeal against the order …
