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Adding another person as representative in income tax website for reasons -being absent from India, non-resident or any other Reason-User Manual/Guide 1 Introduction As per section 140, section 159 and section 160 of the Income Tax Act, 1961, there are many cases where a person is incapable from …
Permission for non-agricultural use not make land non-agricultural liable to capital gain tax when it was proved beyond doubt that lands were agricultural in nature – ITAT ABCAUS Case Law Citation: ABCAUS 1265 (2017) (05) ITAT The Grievance: The appellant assessee was aggrieved by the order passed by …
New One Rupee Currency Note Printing Rule 2017 Notification. The Note shall be predominantly of pink green colour on obverse and reverse combination of others MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 25th May, 2017 G.S.R. 516(E).—In exercise of the powers conferred by clause …
CBDT Clarification on furnishing SFT form 61A and Preliminary Response to Nil specified transaction for the year Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, 26th May, 2017. PRESS RELEASE CBDT Issues Clarification on furnishing Statement of Financial Transaction (SFT) & SFT Preliminary …
Committee to recommend measures for expeditious recovery of tax arrears. CBDT constitutes 7 members committee to study and analyse the issue F. No . 385/20/2017-IT(B) Government of India Ministry of Finance Central Board of Direct Taxes ***** Dated: 25.05.2017 Office Memorandum Subject: Constitution of Committee to recommend measures …
EOI-Physical verification of Fixed Assets of ICAI units. CA Firm to compile a comprehensive Fixed Assets Register and codification apart from physical verification Notice inviting Expression of Interest for physical verification of Fixed Assets located at various units of the Institute of Chartered Accountants of India Applications arehereby …
Submission of SFT-AIR for issue of Savings Bond of Rs 5 lakh or more u/s 285-BA of Income Tax Act 1961- RBI advisory to Banks Reserve Bank of India Submission of Annual Information Return relating to issue of Bonds for ₹ 5 lakh or more under Section 285 …
GST Tax rates would be lesser for Sugar Tea and Coffee and Milk Powder. Proposed GST Tax rates would be much lesser than the prevailing incidence of taxes Proposed GST Tax rates would be lesser than the prevailing taxes in case of Sugar, Tea and Coffee (other than …
Distinction between statements us 132(4) and 133A explained by Delhi High Court. Quashing of reopening of concluded assessments of earlier AYs upheld ABCAUS Case Law Citation: ABCAUS 1264 (2017) (05) HC The Issue: The main contention of the appellant Revenue was that the decision of the Division Bench …
Audit of Consolidated Financial Statements-Using Work of Another Auditor Parent auditor to consider observation of component auditor as per SA 600-ICAI ICAI Announcement Important Clarification on Amendment to Paragraph 17 of Revised Guidance Note on Audit of Consolidated Financial Statements I. The Council of ICAI at its 365th …
