Author: administrator
Assessee’s explanation may not be sufficient for deleting addition on merit, however, in penalty proceedings it deserves to be accepted – ITAT deletes concealment penalty imposed for addition made due to unserved summons on debtors ABCAUS Case Law Citation: ABCAUS 2591 (2018) (10) ITAT The instant appeal was …
Supreme Court bans Bharat Stage-IV compliant vehicle’s sale or registration in India from 01.04.2020. Only BS-VI compliant vehicles to be sold after cut of date ABCAUS Case Law Citation: ABCAUS 2590 (2018) (10) SC In 2003, the Government of India had announced the National Auto Policy based on the recommendations of the Mashelkar Committee constituted in 2001. BS-IV compliant vehicles were made compulsory for four …
CPC intimation treated as original notice of demand u/s 156 for filing appeal. CIT(A) rejected appeal as defective but ITAT remanded the matter ABCAUS Case Law Citation: ABCAUS 2589 (2018) (10) ITAT The instant appeal was filed by the assessee against the order of CIT(A) in rejecting the …
RFID seals to be procured from destination warehouse for deposit in and removal of goods from Customs bonded Warehouses Circular No. 39/2018-Customs F.No: 484/3/2015 – LC (Vol. II) Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs Room No.49, North Block, New …
Amendment to Form of appeal and memorandum of cross-objections to Appellate Tribunal. Revised Form 36 and Form 36A. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 72/2018 New Delhi, the 23rd October, 2018 G.S.R 1054(E).—In exercise of the powers conferred by section 253 …
Total Expense Ratio and Performance Disclosure for Mutual Funds – SEBI Direction to bring transparency, reduce portfolio churning and mis-selling in MF schemes Securities and Exchange Board of India CIRCULAR SEBI/HO/IMD/DF2/CIR/P/2018/137 October 22, 2018 All Mutual Funds (MFs)/ Asset Management Companies (AMCs)/ Trustee Companies/ Boards of Trustees of …
Income Tax Notice served on security guard at factory held validly and properly served under the provisions of Section 282(2) of the Income Tax Act, 1961-High Court Supreme Court has dismissed the SLP Filed by the assessee against the judgment of the High Court (ABCAUS 2388 (2018) (10) SC) Read …
Supreme Court bans fire crackers except green crackers or crackers with reduced emission. Joined firecrackers, series crackers or laris also banned. e-commerce websites, including Flipkart, Amazon etc., also banned from online sales ABCAUS Case Law Citation: ABCAUS 2587 (2018) (10) SC The judgment was made in a Writ Petition …
Exemption from IGST Registration to Handicraft Dealers and persons making inter-State taxable supplies of the products made by the craftsmen predominantly by hand even though some machinery may also be used Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs Notification No. 3/2018 …
No Prosecution for not seeding Aadhaar with UAN database of EPFO. Letter issued by EPFO in view of the Hon’ble Supreme Court’s judgment on AADHAAR The Central Government had issued direction to EPFO under para 78(1) of the Employee’s Provident Fund Scheme, 1952 to issue order making submission …
