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ICAI-Increase in Annual Membership-COP Fees from 01-04-2017. Institute has revised the fees to be paid by chartered accountants THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA New Delhi, the 9th February, 2017 NOTIFICATION No.1-CA(7)/179/2017:– In exercise of the powers conferred under sub-section (3) of section 4 and 5, sub-section …
Addition us 68 for accommodation entries-don’t shoot the messenger. Addition restricted to commission earned on accommodation entries-ITAT ABCAUS Case Law Citation:ABCAUS 1125 (2017) (02) ITAT Assessment Year : 1995-96Date/Month of Pronouncement: February, 2017 Brief Facts of the Case:The present judgment was delivered in the second round of litigation. …
Empanelment of Experts-Mediators Conciliators for 2017-18 Western Region, Mumbai. The last date for receiving application is 15-03-2017 before 5 PM Government of India Ministry of Corporate Affairs Office of the Regional Director, Western Region Eversest, 5th Floor, 100, Netaji Subash Marg, Mumbai-400002 NOTICE FOR INVITING APPLICATIONS FOR EMPANELLING EXPERTS …
Penalty 271(1)(c) for claiming higher Housing Loan Interest deduction u/s 24(b) deleted. The AO did not detect mistake but noticed it from the reply of the assessee – ITAT Judgment ABCAUS Case Law Citation:ABCAUS 1124 (2017) (02) ITAT Assessment Year : 2008-09Date/Month of Pronouncement: February, 2017 Important Case …
Limitation Period us 153-Contention was that ITAT had set aside Assessment order of CIT-A only and not order of the Assessing Officer-Allahabad HC Judgment ABCAUS Case Law Citation:ABCAUS 1123 (2017) (02) HC Important Case Laws Cited/relied upon:CIT Vs Purshottamdas T. Patel, reported in 209 ITR 52 (Guj.) Substantial …
FAQ-Online Cash Deposit Transactions Response-Online response can be submitted by 15th Feb 2017. CBDT has issued 35 points FAQ for guidance in the subject Cash Transaction 2016 Frequently Asked Questions Viewing Information 1. Which internet browser should I use to view and file response on e-filing portal? Ans: …
Harsh punitive actions against shell companies to prevent misuse for money laundering and tax-evasion for unearthing black money post demonetization Ministry of Finance Press Release Dated: 10-02-2017 Harsh punitive actions to be taken against the deviant Shell Companies including freezing of Bank Accounts, striking off the names of …
CPC intimation us 143(1) applying MMR on AOP trust invalid as jurisdiction limited for disallowing only prima facie inadmissible deductions, allowances – ITAT In a recent judgment, ITAT Rajkot held that CPC intimation us 143(1) applying MMR on AOP trust invalid as jurisdiction limited for disallowing only prima …
ICAI Condonation-additional study course with articleship. Non submission of Form 112 amnesty measure on payment of Rs. 5,000/- as condonation fee. ICAI ANNOUNCEMENT Condonation of Breach of Regulation 65 & 78 – Non submission of Form 112 The Council of the Institute has decided to condone the delay in …
Updated FAQs on cash withdrawal-exchange of Bank Notes by RBI dated 09-02-2017. Effective March 13, 2017, there will be no limits on cash withdrawals from Savings Bank accounts. Withdrawal of Legal Tender Character of the old Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- and The …