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Addition for liability existing in balance sheet u/s 41(1). CIT(A) had no locus standi to enhance the assessment for the reason of cessation of liability – ITAT ABCAUS Case Law Citation: ABCAUS 1272 (2017) (06) ITAT The Grievance: The appeal of the assessee was directed against the order …
Disciplinary Action on Government Servant-Major Penalties. Written statement submission and enquiry report time reduced MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) NOTIFICATION New Delhi, the 2nd June, 2017 G.S.R. 548(E).—In exercise of the powers conferred by the proviso to article 309 and clause …
RBI-Financial Literacy Quiz Reserve Bank of India Date : Jun 02, 2017 Financial Literacy Quiz To emphasize the importance of financial literacy, the Reserve Bank of India is observing June 5-9, 2017 as Financial Literacy Week across the country. The Week will focus on four broad themes, viz. …
CA acting as middleman arranging accommodation entries of share capital-premium through fictitious companies. Commission income estimated @ 1% upheld ABCAUS Case Law Citation: ABCAUS 1271 (2017) (06) ITAT The Grievance: The appeal of the assessee was directed against the order passed by CIT(A) confirming the addition, on estimation …
Tibunal Appellate Tribunal and other Authorities (Qualifications, Experience and other Conditions of Service of Members) Rules 2017 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 1st June, 2017 G.S.R. 514(E).—In exercise of the powers conferred by section 184 of the Finance Act, 2017 (7of 2017), the …
Introduction of Legal Entity Identifier for OTC derivatives markets Reserve Bank of India RBI/2016-17/314 FMRD.FMID No.14/11.01.007/2016-17 June 01, 2017 To All eligible participants in the OTC derivatives markets Dear Sir/Madam Introduction of Legal Entity Identifier for OTC derivatives markets The Legal Entity Identifier (LEI) code has been conceived …
CA Revised Course-FAQs and Implementation Schedule Revised Scheme of Education and Training for CA Course, FAQs and Implementation Schedule The Institute of Chartered Accountants of India (ICAI) has formulated the Revised Scheme of Education and Training in lines with International Education Standards issued by International Federation of Accountants (IFAC) …
Coffee table book on Income Tax Department titled as “The journey so far” to include remarkable, archival pictures, documents which narrate the journey Coffee Table Book on Income Tax Department Income Tax Department is proposing to take out a coffee table book on Income Tax Department titled as …
NPS New Functionalities to provide ease of operation for benefit of subscribers/nodal officers.Simplification of account opening, withdrawal, grievance management etc. Press Information Bureau Press Release 1st June, 2017 New Functionalities released under NPS to provide the ease of operation for the benefit of subscribers and nodal offices. Pension …
Short Term Capital Gain when purchases of any share not repeated. Income held by ITAT as capital gain not business income ABCAUS Case Law Citation: ABCAUS 1270 (2017) (06) ITAT The Grievance: The appeal of the assessee was directed against the order passed by CIT(A) confirming the assessment …
