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Two Separate Directorate of Income Tax-Tax Payer Services-I & II to be set up by re-designating DIT (TDS) and DIT (lnfra-3) F.No. A-11011/02/2015-Ad.VII Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes *** New Delhi, the 24th January, 2017 Order No. 01/Ad.VII/2017 Subject: …
Transfer of unlisted shares by SEBI registered Category I & II Alternative Investment Funds- Income tax treatment. fresh directions by CBDT F. No. 225/12/2016/ITA.IIGovernment of IndiaMinistry of FinanceDepartment of Revenue (CBDT) North Block, New Delhi, the 24th of January, 2017 ToAll Principal Chief-Commissioners of Income-tax/All Principal Directors General …
Guiding Principles for determination of POEM of a Company. Place of effective management u/s 6(3) after amendment. Circular No. 06 of 2017 F. No. 142/11/2015-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Dated: 24th January, 2017 Subject: Guiding Principles for determination …
Indirect Transfer Provisions Circular 41/2016 kept in abeyance due to the issue of possible multiple taxation of the same income. Circular No. 4 of 2017 F.No 500/43/2012-FT&TRJV Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (FT&TR- Division) New Delhi, 20th January, 2017. …
Appeal where additions made due to audit objection deleted in adverse judgment should be filed and contested on merits only CIRCULAR NO. 5/2017 FTS No. 279157/ITJ Government of India Ministry of Finance Central Board of Direct Taxes New Delhi, Dated 23rd January, 2017 Subject: Measures for reducing litigation- Clarification …
Element of undisclosed investment in undisclosed purchases upheld. Peak credit of purchases rejected. AO to work out number of fund rotations required for achieving undisclosed purchases -ITAT ABCAUS Case Law Citation:ABCAUS 1107 (2017) (01) ITAT Assessment Year : 2010-11 The Issue for determination:The issue before the ITAT was …
Transport Allowance to deaf-dumb employees at double rates. Central Government employee to get double allowance from 19-02-2014-Finmin No. 20/2/2016-E-II(B) Government of India Ministry of Finance Department of Expenditure *** North Block, New Delhi. Dated: 17.01.2017 OFFICE MEMORANDUM Subject:– Grant of Transport Allowance at double the normal rates to …
Deduction us 54-Old fund used for construction of new house. It is not mandatory that only the sale consideration of house sold is to be utilized for purchasing or constructing a new residential house-ITAT ABCAUS Case Law Citation:ABCAUS 1106 (2017) (01) ITAT Important Case Laws Cited/relied upon:Smt. Shantaben P. …
PMGKDS 2016-Co-operative Banks not authorised to accept deposits. Para 7 (1) of the notification has been amended in this regard. Ministry of Finance Ministry of Finance Dated: 20/01/2017 Press Release Amendment in Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016 The Government of India, in consultation with the …
Stock exchanges to provide Fair-transparent data feeds access by formulating comprehensive policy document irrespective of type of mechanism used-SEBI Securities and Exchange Board of India CIRCULAR SEBI/HO/MRD/DP/CIR/P/2017/08 …
