Income Tax

  • Income Tax

Procedure-registration and submission of SFT u/s 285BA Rule 114E-CBDT Notification 1 of 2017

Procedure-registration and submission of SFT us 285BA Rule 114E DGIT(S)-ADG(S)-2/e-filing notification/106/2016 Government of India Ministry of Finance Central Board of…

7 years ago
  • Income Tax

TDS not applicable on provisions if payee not identifiable to whose account the credit for such TDS is to be given – ITAT

TDS not applicable on provisions if payee not identifiable to whose account the credit for such TDS is to be…

7 years ago
  • Income Tax

FAQ PMGKY 2016. Clarifications on the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016

FAQ PMGKY 2016. Clarifications on the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016  Circular No. 2…

7 years ago
  • Income Tax

Indirect Transfer provision-possible multiple taxation of the same income. Circular 41/2016 kept in abeyance-CBDT

Indirect Transfer provision-possible multiple taxation of the same income. Circular 41/2016 kept in abeyance considering representations-CBDT Government of India Ministry…

7 years ago
  • Income Tax

Revisionary power us 263-Merely raising query not sufficient. Blindly accepting only part reply is incorrect assumption of facts and non-application of mind

Revisionary power  us 263-Merely raising query not sufficient.  Blindly accepting only part reply is incorrect assumption of facts and non-application…

7 years ago
  • Income Tax

IDS-2016 condonation of delay in payment of taxes due to technical errors where payment is made through cheque, RTGS, electronic transfer

IDS-2016 condonation of delay in payment of taxes due to technical errors where payment is made through cheque, RTGS, electronic…

7 years ago
  • Income Tax

Assessment finality on search date reached if time for issuing notice us 143(2) had expired. Additions can be made only if incriminating material found-ITAT

Assessment finality on search date reached if time for issuing notice us 143(2) had expired.  In such cases additions can…

7 years ago
  • Income Tax

Understated sales rates-AO must bring evidence on record. Assessing Officer should make inquiry from parties to whom sales made to verify sale rates -ITAT

Understated sales rates-AO must bring evidence on record. Assessing Officer should make inquiry from parties to whom sales made to…

7 years ago
  • Income Tax

CBDT asks 20 Percent collection of current demand raised till November 2016 as per Central Action Plan 2016-17.

CBDT asks 20 Percent collection of current demand raised till November 2016 as per Central  Action  Plan 2016-17. CBDT Chairman…

7 years ago
  • Income Tax

No Penalty us 271(1)(c) for claiming excess depreciation in regular course with firm belief that it is legally allowable-ITAT

No Penalty us 271(1)(c) for claiming excess depreciation in regular course with firm belief that it is legally allowable and…

7 years ago