Author: administrator
Penalty us 221(1) on tax due as per revised return of income. It is not correct to levy penalty on the amount due as per original return of income-ITAT ABCAUS Case Law Citation: 1058 (2016) (11) ITAT Brief Facts of the Case: The assessee filed its original return …
CIT-A can decide appeal against CIT revision order us 263 when no direction given to make assessment in a particular way except to invoke Section 50C-ITAT ABCAUS Case Law Citation: 1057 (2016) (11) ITAT Brief Facts of the Case: The appellant assessee had filed his return of income …
Not get lured by black money converters and be a crime partner. CBDT warns people allowing their bank accounts to convert black money into new notes Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 18th November, 2016. PRESS RELEASE Sub: …
Metal scrap import clearance Procedure-Shredded metallic scrap to be cleared upon furnishing pre-shipment inspection certificate. Circular No. 53/2016-Customs F. No. 450/148/2009-Cus.IV Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs ***** Room No. 227B, North Block, New Delhi, dated the 18th November, 2016 …
Cash deposits notices from Income tax department on demonetization of currency notes-sending started. Notice from Investigation Wing Siliguri It is learnt that Income Tax Department (Directorate of Investigation) apart from asking cash balances as on 08-11-2016, has started sending notices for inquiring cash deposits made. It is notable …
SC refuses stop High Courts listening demonetisation petitions challenging the move to withdraw old bank notes. Supreme Court today refused the Central Government plea to stop various High Courts from entertaining and/or listening pending petitions challenging the move to withdraw old bank notes currency of Rs 500 and …
MEF 2016-17-Call for Financial Documents of the applicants-Download List. Copies of Balancesheet, ITR, Deed, Computation, Assessment Orders are called. PD/A- 346 /2016 Dear Sir(s)/Madam, Sub: Multipurpose Empanelment for the year 2016-17 It has been decided to call for Financial Documents of the applicants for Multipurpose Empanelment, for the …
Action on using other persons Bank Accounts to deposit cash to convert black money into New Denomination Notes-Finance Ministry Ministry of Finance Dated: 18 Nov, 2016 Press Release Strict Action against Tax Evaders using other persons’ Bank Accounts to convert their Black Money into New Denomination Notes; Person(s) …
Fee for NPS Advisors-Three types of fees can be charged by retirement adviser from the subscribers to whom retirement advice had been given Ministry of Finance 18-November, 2016 Fee for NPS Advisors A Retirement Adviser can charge three types of fee from the subscribers to whom he/she has …
Action on Black Money stashed abroad.The Government has taken several steps to effectively tackle issue of black money, particularly money in abroad Ministry of Finance 18-November, 2016 Action on Black Money There is no official estimation of the amount of black money within the country and stashed …
