Author: administrator
Bogus share capital entry to obtain bank loan. Addition made u/s 68 remanded back to verify facts in view of re-casted and revised audited balance sheet and ROC filing-ITAT ABCAUS Case Law Citation: 1031 (2016) (10) ITAT Brief Facts of the Case: The was a provate limited company …
Form No 68 application us 270AA2-grant of immunity from penalty provisions u/s 270A of the Income-tax Act 1961 The Budget 2016-17 (Finance Act, 2016) has provided for the rationalisation of the penalty provisions under the Income Tax Act, 1961. Section 271 related to penalty for failure to furnish return, …
Section 68 is about satisfaction of AO not CIT us 263 to sit on the judgment of Assessing Officer. Revision order can not be made merely on audit objection basis-ITAT ABCAUS Case Law Citation: 1030 (2016) (10) ITAT Important case Laws cited: CIT v. Sohana Woollen Mills – …
Suggestions invited-Industry-Trade Associations Budget 2017-18 regarding changes in direct and indirect taxes by Finance Ministry F.No.334/12/2016-TRU Government of India Ministry of Finance Department of Revenue Tax Research Unit Room No. 146G, North Block New Delhi, dated the 6th October, 2016 To Trade and Industry Associations Subject: Suggestions from the …
PART B-PART C of MEF 2016-17 made live till 31-10-2016 to enable the applicants fill and edit the same. No need to send the declarations again-ICAI Message from PDC, ICAI Dear Professional Colleagues, Season’s Greetings, Sub: PART B and PART C of MEF 2016-17 has been made live …
CBDT to share info of Private Hospitals Nursing Homes Medical Clinics, Medical Colleges/Research Institutes, Diagnostic Centre, Pathological Labs, with CAG DIRECTORATE OF INCOME TAX (SYSTEMS) ARA Centre, Ground Floor, E-2, Jhandewalan Extension, New Delhi-110055 F.No. System/ITBA/CAG/DGA(CR)/16-17/172-7830 …
UP Police Dial-100 Mobile Application-UP-100 Emergency Services Chief Minister Shri Akhilesh Yadav on 5th October, 2016 inaugurated much awaited and much talked new Project UP-100. UP-100 is the new name given to Dial-100 Emergency police services. It is claimed that police shall reach the user within 5-10 minutes. …
Expenditure for obtaining right to use spectrum for telecommunication services. Allowability of upfront fee paid or deferred on actual payment basis or as per accounting method employed. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 89/2016 New Delhi, the 4th …
Peak Filing 2016-MCA 21 Corporate Seva Kendra-help desks (phone no. 0124-4832500) would give priority to e-filing/ answering queries ICAI ANNOUNCEMENT Sub: Peak Filing Preparation 2016- MCA 21 As you are aware it is time of peak filing of Balance Sheet & Annual Return under the Companies Act. To …
Non Productivity Linked Bonus 2015-16 to Central Government Employees in Group-C and D and Non-gazetted employees in Group-B equivalent to 30 days No. 7/24/2007/E-III (A) Government of India Ministry of Finance Department of Expenditure ( E III-A Branch) ***** OFFICE MEMORANDUM North Block,New Delhi Subject: Grant of Non-Productivity …