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TDS u/s 194-I not to apply to Passenger Service Fees (PSF) by an Airline to an Airport Operator-CBDT accepts Bombay High Court Judgment Circular No. 21/2017 F.No. 279/Misc./140/2015/ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, Dated 12th June, 2017 …
Explanation 2 to Section 132B have prospective application-CBDT Circular accepting various High Courts judgment on application of seized/requisitioned assets Circular No.20/2017 F. No. 279/Misc./140/2015/ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, Dated12th June, 2017 Subject: Applicability of Explanation 2 …
Trade advances are not deemed dividend u/s 2(22)(e) as they do not fall within the ambit of the word ‘advance’ Circular No. 19/2017 F.No. 279/Misc./140/2015/ITJ Government of India Ministry of Finance Central Board of Direct Taxes New Delhi, Dated 12th June, 2017 Sub: Settled View on section 2(22)(e) …
Difficulty in Linking new mobile number to aadhaar-UIDAI advisory for expeditious updating of mobile number To resolve the issue of difficulty being faced by few taxpayers in getting their new mobile number linked to aadhaar, UIDAI has prepared an advisory for expeditious updating of mobile number Aadhaar enrolment and …
Time Limit for assessment-When ITAT simply restored matter to AO for fresh adjudication without any finding or direction, section 153(2A) was applicable and the order was subject to time limitation prescribed. Time Limit for assessment completion u/s 153 ABCAUS Case Law Citation: ABCAUS 1276 (2017) (06) ITAT The …
Non PAN holder can furnish Form 60 electronically under EVC or in paper form as required for entering into specified transactions under Rule 114B. CBDT MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 51/2017 New Delhi, the 9th June, 2017 G.S.R. 569(E).—In exercise …
Permitted ALP variation in wholesale trading-others us 92C in international-specified domestic transaction for AY 2017-18 2018-19 MINISTRY OF FINANCE (Department of Revenue) Notification No. 50/2017 New Delhi, the 9th June, 2017 S.O. 1866(E).—In exercise of the powers conferred by the third proviso to sub-section (2) of section 92C …
Aadhaar Number must for filing Income Tax Return from 01-07-2017-CBDT clarifies that only partial relief is given by Supreme Court for PAN invalidation. Ministry of Finance Press Release dated: 10th June, 2017 Following are the major highlights of the Hon’ble Supreme Court of India’s Judgement on Aadhar PAN …
No PAN invalidation for non linking with Aadhaar. Supreme Court stays provision for linking of PAN with Aadhaar No PAN invalidation for non linking with Aadhaar-Supreme Court. The The Hon’ble Supreme Court of India has pronounced its judgment on the matter on the linking of Aadhaar to Income …
Finance Minister to review performance of Public Sector Banks (PSBs) on 12th June 2017. Main Agenda is NPAs, MSE Credit, Stand-up India and Mudra Yojana among other things Ministry of Finance Press Release Dated: 9th June, 2017 The Union Finance Minister Shri Arun Jaitley to review the performance …