If accounts are audited AO has to explain the rejection of profit with sufficient clarity. When there are audited accounts…
Limitation period for revision Petition 264 starts with service of intimation u/s 143(1) and not from the date when assessee…
Reopening reasons must explain what material was not disclosed which the assessee ought to have disclosed. Explanation-1 of section 147…
Data of cash deposits in bank etc by Government servant to be shared with Vigilance. ITD asked to send the…
Income Tax Department to install CCTV cameras to improve the safety and security of officers/officials and office premises DIRECTORATE GENERAL…
Income and deductions claimed in ITR should also match with form 16 issued by the employer or Form 16A. issued…
Income Tax to furnish Details of ITR and Tax audit report to MCA among other information as per furnishing bulk…
Issues arising from implementation of MAT on IndAS compliant companies. Recommendations of the MAT-Ind AS Committee. comments/ suggestions invited Government…
FAQ-Computation of book profit for levy of MAT u/s 115JB for Indian Accounting Standards Ind AS compliant companies Circular Number…
Facility in return for reporting bank account by non-residents who do not have bank account in India and who are…