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CBEC-Mission Zero to reduce pendency of current items for successful implementation of GST from 1st April 2017. Chairman letter to Field Offices. The Chairman CBEC has written a letter to field formations for implementation of Mission Zero aimed at reducing pendency of adjudications, refunds, rebates and drawback in a …
Sovereign Gold Bond Dematerialisation List. The modification window of Reserve Bank of India is open for correction til October 21, 2016. Reserve Bank of India Press Release Date : Oct 18, 2016 Sovereign Gold Bond – Dematerialisation he Reserve Bank of India, in consultation with the Government of …
Polished granite slab used on floor is not tile under Karnataka Sales Tax Act Entry 8. that there is a distinction between polished granite stone or slabs and tiles-Supreme Court ABCAUS Case Law Citation: 1038 (2016) (10) SC Important Case Law Referred: M/s. Vishwakarma Granites v. Commissioner of …
Rakhi Sawant income tax appeals gets both relief and dismissal from ITAT-dismissal for delay, disallowance us 40(a)(ia) remanded assessee being not covered u/s 44AB ABCAUS Case Law Citation: 1037 (2016) (10) ITAT Appeal-1 dismissed for dealy There was a delay of 704 days for filing the appeal. The …
Modifications to Instruction No. 7/2016-Engagement of Standing Counsels to represent Income-tax Department before High Courts/other judicial forums F. No. 279/Misc/ M-75/ 2011-ITJ (PartII) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (A&J Division) New Delhi, the 18th October, 2016 To All Principal …
Amendment to Instruction-Special Public Prosecutors Engagement (SPPs) to represent Income Tax Department before Courts of Session/subordinate courts F. No. 279/ Misc/M-77/ 2011-ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (A&J Division) New Delhi, the 18th October, 2016 To All Principal Chief …
Penalty for late filing TDS return us 272A(2)(k) quashed as accountant had changed during the year and assessee was not aware of the delay. In a latest judgment, ITAT Mumbai quashed the penalty u/s 272A(2)(k) for late filing TDS return quashed as accountant had changed during the year …
Tax on Distributed income of Domestic Company for shares Buy-Back. Determination of amount as per Rule/section 115QA MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 94/2016 New Delhi, the 17th October, 2016 INCOME-TAX G.S.R. 982(E).—In exercise of the powers conferred by section 115QA …
ICAI warns of Misleading advertisements by educational institutes representing themselves as offering admission for chartered accountancy course ICAI has issued a public notice warning general public against misleading advertisements by colleges/educational institutions/private organizations etc. representing themselves as college of finance/accountancy, offering admission for chartered accountancy course. The public notice of ICAI …
Tax audit ITR Due date extension Jammu Kashmir AY 2016-17 to 31-12-2016 for all categories of assessees. CBDT order u/s 119 F.No. 225/195/2016/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North-Block, ITA.II Division New Delhi, the 18th October, 2016 Order under …