Income Tax

  • Income Tax

Verification of High Value Suspicious IDS 2016 Declarations by Abdul Razzaque with declaration Rs. 2 lakh crores suspicious in nature-Press Release

Verification of High Value Suspicious IDS 2016 Declarations by Abdul Razzaque with declaration Rs. 2 lakh crores suspicious in nature-Press…

7 years ago
  • Income Tax

Penalty started for concealment levied for inaccurate particulars and concealment both is invalid-ITAT

Penalty initiated for concealment levied for inaccurate particulars and concealment both is invalid. AO must frame a precise charge u/s…

7 years ago
  • Income Tax

Guidance Note on FATCA and CRS updated 30-11-2016

GUIDANCE NOTE ON FATCA and CRS updated 30-11-2016 Government of India Ministry of Finance Department of Revenue Central Board of…

7 years ago
  • Income Tax

Misuse of Jan-Dhan Accounts for depositing undisclosed cash money by persons who have never filed returns of income-CBDT warning

Misuse of Jan-Dhan Accounts post demonetisation. Among rumors of freezing of JDY accounts, CBDT wanrns such account holders not to consent to…

7 years ago
  • Income Tax

Sales incomplete till goods delivery unless insurable risk passes to buyer. FOR destination basis sales invoice reversal for year end goods in transit valid

Sales incomplete till goods delivery unless insurable risk passes to buyer. FOR destination basis sales invoice reversal for goods in…

7 years ago
  • Income Tax

Procedure for filing and verification of Form 26A CA Certificate. Removing default of TDS Short Deduction Non Deduction-CBDT Notification

Procedure for filing and verification of Form 26A CA Certificate. Removing default of TDS Short Deduction Non Deduction-CBDT Notification F.…

7 years ago
  • Income Tax

Increased PAN applications due to demonetisation and amendments in Rule 114B and Rule 114E. Timely resolution of probable duplicate PAN

Increased PAN applications due to demonetisation and amendments in Rule 114B and Rule 114E. Timely resolution of probable duplicate PAN…

7 years ago
  • Income Tax

50C provisions not apply to transfer of right in partnership firm. Sale deed of property executed in favour of incoming partners by retiring partners-ITAT

50C provisions not apply to transfer of right in partnership firm. Sale deed was executed in favour of incoming partners…

7 years ago
  • Income Tax

Statement of income distributed by Securitisation Trust-Rule 12CC of Income Tax. Form 64E to be furnished u/s 115TCA

Statement of income distributed by Securitisation Trust-Rule 12CC of Income Tax. Form 64E to be furnished u/s 115TCA MINISTRY OF…

7 years ago
  • Income Tax

Gold jewellery ornaments holding limit and seizure-clarification

Gold jewellery ornaments holding limit and seizure-clarification   Government of India Ministry of Finance Department of Revenue Central Board of…

7 years ago