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Reopening us 147 based on merely tax evasion petition bad as AO did not apply mind and initiated proceedings without being satisfied-ITAT Delhi

Reopening  us 147 based on merely tax evasion petition itself bad in law as the AO had not satisfied himself before initiating the proceedings that income of the assessee has escaped assessment. ITAT Delhi Case Details: ITA No.1894/Del./2012 Assessment Year : 2002-03 Ashok Arora vs. ITO Date of Order/Judgment: …

Service Tax Mega Exemption Government-local authority Amendments. Notification No. 26/2016. Turnover limit not to apply in certain cases

Service Tax Mega Exemption Government local authority Amendments GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No. 26/2016-Service Tax New Delhi, the 20th May, 2016 G.S.R.….(E).-In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994) and …

Licensing of Special Warehouses us 58A clarification regarding transitional provisions relating to custom duty Free Shops/Ship stores/Airline Stores etc.

Licensing of Special Warehouses u/s 58A clarification Circular No. 20/ 2016 – Customs F.No: 473/05/2015 – LC Govt. of India Ministry of Finance Dept. of Revenue Central Board of Excise & Customs New Delhi, dated 20th May, 2016 To, All Principal Chief Commissioners Customs, All Principal Chief Commissioners …

The Income Declaration Scheme 2016-Important Dates 30092016 for making declaration, 30112016 for payment of tax, surchage and penalty CBDT Notification 32/2016

The Income Declaration Scheme 2016-Important Dates for Compliances GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi, the 19th May, 2016 NOTIFICATION No. 32/2016 S.O. 1830(E)– In exercise of the powers conferred by section 183, section 187 and section 190 of the Finance Act, 2016 (28 …

Printing-publishing eligible for additional depreciation u/s 32(1)(iia) in view of Kerala and Delhi High Court Judgments-CBDT Circular 15/2016

Printing-publishing eligible for additional depreciation u/s 32(1)(iia) in view of Kerala and Delhi High Court Judgments Circular No. 15/2016 F No. 279/Misc/140/2015/ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 18th May, 2016 Subject:  Additional Depreciation u /s 32(1)(iia) of …