Author: administrator
GST Notifications to give effect to the recommendations of the GST Council 28th meeting held on 21.07.2018 Notification No. 13/2018-Central Tax (Rate) dated 26-07-2018 View >> Seeks to amend Notification No. 11/2017- Central Tax (Rate) so as to notify CGST rates on the intra-State supply of services Notification …
Result of CA Intermediate May 2018 Exam likely to be declared on 29th July 2018 around 6.00 PM As per ICAI Announcement, the result of the Chartered Accountants Intermediate Examination (Old Course & New Course) held in May 2018 are likely to be declared on Sunday, the 29th …
Giving bribe a crime bigger than accepting it – 7 Years jail for giving bribe against 5 years term to Public Servant accepting bribe under Prevention of Corruption Amendment Act 2018 The Government has notified Prevention of Corruption (Amendment) Act 2018 which provides for a maximum punishment of …
Certificate of Nil-lower rate TDS u/s 197 and 195 of the Income Tax Act, 1961 to be issued within 30 days timeline- CBDT CBDT has instructed Income Tax Officials to adhere to prescribed time limit for issue of certificate of no deduction or deduction of tax at lower …
Extension of ITR filing due date of 31st July 2018 to 31st August 2018 by CBDT. The applicability of late fee u/s 234F also gets extended automatically F.No. 225/242/2018/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (ITA.II division) North-Block, New Delhi, …
Interest on loan against FDR security not deductible u/s 57 against interest income earned on FDR on the ground of protecting interest income from fixed deposits – ITAT ABCAUS Case Law Citation: ABCAUS 2438 (2018) 07 ITAT The instant appeal was filed by the assessee against the order …
Disallowance u/s 40(a)(ia) not affected even if payee considers the receipt as income and pays tax thereon – ITAT follows Kerala High Court ABCAUS Case Law Citation: ABCAUS 2437 (2018) 07 ITAT The appeal was filed by the assessee against the order of the Commissioner of Income Tax …
Aadhaar OTP for e-verification of income tax return has resumed Aadhaar OTP for e-verification of income tax return has resumed. It was temporarily unavailable previously Earlier, the Aadhaar based OPT EVC option had not been appearing in income tax e-filing website which baffled many. As per Income Tax …
Merely by admission of appeal against ITAT order, Revenue can not get over it. Supreme Court upholds High Court’s order and dismisses SLP of the Department ABCAUS Case Law Citation: ABCAUS 2436 (2018) 07 SC The assessee was a charitable trust registered u/s 12A of the Income Tax Act, 1961 (the Act). During the course of assessment …
CBDT directed to substitute software enabling opt out from mandatory PAN-Aadhaar Linkage for filing return filing till 31.03.2019 in line with CBDT Circular ABCAUS Case Law Citation: ABCAUS 2435 (2018) 07 HC The instant Petition was filed in the High Court praying for direction that they be allowed …
