Author: administrator
Amendment to forms of application for obtaining advance ruling in Form No. 34C, 34D for quoting identification number of non-resident MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 31/2018-Income Tax New Delhi, the 13th July, 2018 G.S.R. 647(E).―In exercise of the powers conferred …
Section 54 Exemption not require utilisation of sale proceeds of original capital asset only. Investment out of bank loan and owned fund allowable- ITAT ABCAUS Case Law Citation: ABCAUS 2421 (2018) 07 ITAT The instant appeal was filed by the assessee against an order passed by the Commissioner …
CBDT asks for withdrawal of Income Tax Appeals in accordance with revision of monetary limits as per Circular No.3/20 18 dated 11.07.2018 issued by the Board Withdrawal of appeals in consequent to Circular No. 3/2018 CBDT vide Circular No. 3/2018 dated 11.07.2018 has enhanced the monetary limits for …
Ex parte penalty order passed ignoring adjournment application filed set aside as the CIT-A had never ever bothered to peruse the Appellate Folder ABCAUS 2420 (2018) 07 ITAT The instant appeal was filed by the assessee against an order passed by the Commissioner of Income Tax (Appeals) whereby …
CBIC to observe Third Refund Fortnight to clear pending refunds Refunds of GST have been a concern for the Government and Trade for the past several months. In this regard, the CBIC has observed two special drives cum refund fortnights in the Month of March, 2018 (15th to …
Sale of Edible white button mushroom held as agricultural income exempt u/s 10(1). Soil even when separated from land continues to be a specie of it – ITAT ABCAUS Case Law Citation: ABCAUS 2419 (2018) 07 ITAT The Hon’ble President ITAT had referred the following question to the …
MCA constitutes committee to review decriminalisation of offences under the Companies Act 2013 where a penalty could be levied instead MCA has constituted a 10-Member Committee to review the offences under the Companies Act, 2013 The Ministry of Corporate Affairs (MCA) has constituted a 10 Member Committee, headed by …
Non constitution of GST Appellate Tribunal in the State of Uttar Pradesh-High Court calls personal affidavit from Principal Secretary on reasons for delay and steps taken till date. ABCAUS Case Law Citation: ABCAUS 2418 (2018) 07 HC The instant writ petition had been filed against the proceedings under …
Cost Accountants should ensure that products and services are delivered at a competitive price but without compromising on quality – President President of India inaugurates platinum jubilee celebrations of Institute of Cost Accountants of India; says Cost Accountants should ensure that products and services are delivered at a …
Expenses on Business Management Course abroad for directors son held as not incurred wholly and exclusively for the purpose of business of assessee ABCAUS Case Law Citation: ABCAUS 2417 (2018) 07 HC The instant appeal was filed by the appellant company against the order passed by the Income …
