Author: administrator

e-filed forms 10A 10G time barring on 31082016 which were filed during 01-02-2016 to 29-02-2016. Instruction for taking necessary action.

e-filed forms 10A 10G time barring on 31082016 which were filed during 01-02-2016 to 29-02-2016. Instruction for taking necessary action.

August 23, 2016 Income Tax
e-filed forms 10A 10G time barring on 31082016 which were filed during 01-02-2016 to 29-02-2016. Instruction for taking necessary action. DIRECTORATE OF INCOME TAX (SYSTEMS) ARA Center, Ground Floor, E-2, Jhandewalan Extension, New Delhi- 110055 F. No. System/ITBA/Exemption Module/e-filing/2016-17/7535                   …
Services Tax exemption on water supply services to Government-local authority etc. CBEC Circular No. 199/09/2016 dated 22/08/2016

Services Tax exemption on water supply services to Government-local authority etc. CBEC Circular No. 199/09/2016 dated 22/08/2016

August 23, 2016 Service Tax
Services Tax exemption on water supply services to  Government-local authority etc. Circular No. 199/09/2016-Service  Tax F. No.137/51/2016-Service Tax Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Service Tax Wing New Delhi , the 22nd August, 2016 To All Principal Chief Commissioners/Chief …
Audit without written noc from previous auditor-reprimand converted in to caution by High Court as CA was fresher in practice and omission was procedural

Audit without written noc from previous auditor-reprimand converted in to caution by High Court as CA was fresher in practice and omission was procedural

August 22, 2016 ICAI
Audit without written NOC from previous auditor-reprimand converted in to caution by High Court as the chartered accountant (CA) was only fresher into practice, the omission was procedural and trivial and no moral turpitude involved. ABCAUS Case Law Citation: 997 2016 (08) HC Date/Month of Judgment: August, 2016 Brief Facts …
Husband Wife treated single unit for capital gains deduction u/s 54 54F. Compensation paid to husband to vacate house owned by wife not allowable – ITAT

Husband Wife treated single unit for capital gains deduction u/s 54 54F. Compensation paid to husband to vacate house owned by wife not allowable – ITAT

August 21, 2016 Income Tax, ITAT, Judgments
Husband Wife treated single unit for capital gains deduction u/s 54 54F. Compensation paid to husband to vacate house owned by wife not allowable – ITAT ABCAUS Case Law Citation: 996 (2016) (08) ITAT Assessment Year: 2011-12 Date/Month of Judgment/Order: August 2016 Brief Facts of the Case: The  assessee …
CA misconduct abcaus.in

CA not guilty of misconduct when acting in individual capacity and the dealings were purely commercial not discharging any function as Chartered Accountant

August 20, 2016 High Courts, ICAI
CA not guilty of misconduct when acting in individual capacity and the dealings were purely commercial not discharging any function as Chartered Accountant – High Court ABCAUS Case Law Citation: ABCAUS 994 2016 (08) HC Brief Facts of the Case: The complainant ahd purchased 100 shares of Aban Lyod …
Consultant-Visiting Doctors TDS. Salary u/s 192 or professional fee u/s 194J? Contract for service or a contract of service? – ITAT

Consultant-Visiting Doctors TDS. Salary u/s 192 or professional fee u/s 194J? Contract for service or a contract of service? – ITAT

August 19, 2016 Income Tax, ITAT, Judgments
Consultant-Visiting Doctors TDS. Salary u/s 192 or professional fee u/s 194J. Remuneration of consultant doctors was salary liable to TDS u/s 192 while that of visiting doctors as professinal fee liable to TDS u/s 194J – ITAT   ABCAUS Case Law Citation: 993 2016 (08) ITAT Assessment years: 2011-12, 2012-13 …
CBDT

Approval of Eligible Projects-Schemes us 35AC. modification-extension

August 19, 2016 Income Tax
Approval of Eligible Projects-Schemes us 35AC. Requests received after 31-12-2016 for grant-modification-extension beyond 31032017 not to be considered.   Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes PRESS RELEASE New Delhi, 19th August, 2016. Sub: Approval of Eligible Projects or Schemes under section 35AC of …

Income-tax e-nivaran form for online grievances lodging/disposal. Step by Step Procedures. Categories/Sub-Categories of grievances that can be lodged

August 19, 2016 Income Tax
Income-tax e-nivaran form for online grievances lodging -Step by Step Procedures Income Tax Department has launched income-tax e-nivaran form for online lodging and disposal of grievances related to Assessing Officers, CPC-TDS/ITR, e-filing website team, NSDL, SBI refund Banker and Directorate of Systems. Matters not covered under e-Nivaran List …