Author: administrator
Interest u/s 234B on failure to deposit the advance tax in respect of tax payable u/s 115JB of Income Tax Act – Supreme Court admits the question in appeal ABCAUS Case Law Citation: ABCAUS 2663 (2018) (12) SC The Revenue had filed a Civil Appeal on the questions …
No revision u/s 263 without pointing out how assessment order is erroneous. Order quashed as CIT did not mention whether assessee’s contentions were acceptable or not. ABCAUS Case Law Citation: ABCAUS 2662 (2018) (12) ITAT Important Case Laws Cited/relied upon: Narayan Tatu Rane vs. ITO reported in (2016) …
Government suspends registration of 156 NGOs under FCRA 2010 for a period of 180 days for non integration of their Bank accounts with PFMS No.II/21 022/58(951 )/PFMS/20 17/FCRA(MU) Government of India Ministry of Home Affairs Foreigners Division ORDER Major Dhyan Chand National Stadium, Outer India Gate, New Delhi-110001 …
Tax exemption limit for lump sum NPS withdrawals on exit increased to 60% making entire withdrawal exempt As per Press Release of Finance Ministry, the Union Cabinet in its Meeting on 6th December, 2018 has approved the following proposal for streamlining the National Pension System (NPS). 1. Enhancement of the …
Effective GST rate on complex building flat etc. No tax on sale after issue of completion certificate by the competent authority. Effective tax rate on complex, building, flat etc. It is brought to the notice of buyers of constructed property that there is no GST on sale of complex/ …
Extension of due date for filing GST Annual Audit Report/Returns FORM GSTR-9, FORM GSTR-9A and FORM GSTR-9C to 31st March, 2019 Press Release 7th December, 2018 Extension of due date for filing FORM GSTR-9, FORM GSTR-9A and FORM GSTR-9C FORM GSTR-9 and FORM GSTR-9A have been notified vide …
Period of holding under Rule 8AA on conversion u/s 115JG(1) to include previous owner by mode of acquisition u/s 49(1) or section 115JG(1) – Notification MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 86/2018 New Delhi, the 6th December, 2018 INCOME-TAX S.O. 6054(E).—In …
Unabsorbed depreciation, set off/carry forward of losses, tax credit u/s 115JG for conversion of Indian Branch of Foreign Bank into Indian Subsidiary company – CBDT Notification MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No.85/2018 New Delhi, the 6th December, 2018 INCOME-TAX S.O. 6053(E).— …
CIT(Appeals) Bhopal-1 appointed Appellate Authority for all cases under Black Money Act within territorial jurisdiction of MP & CG States. CBDT Notification MINISTRY OF FINANCE (Department of Revenue) (OFFICE OF THE PRINCIPAL CHIEF COMISSIONER OF INCOME TAX) NOTIFICATION Bhopal, the 5th October, 2018 S.O. 6036(E).—In exercise of the …
No tax deduction u/s 194A for Senior Citizens where aggregate amounts of interest credited or paid during financial year does not exceed Rs. fifty thousand – CBDT F. No. Pro DGIT(S)/CPC(TDS)/Notification/2018-19 Notification No. 06/2018 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax (Systems) …
