Income Tax

  • Income Tax

Tax audit ITR Due date extension Jammu kashmir AY 2016-17 to 31-12-2016 for all categories of assessees. CBDT order us 119

Tax audit ITR Due date extension Jammu Kashmir AY 2016-17 to 31-12-2016 for all categories of assessees. CBDT order u/s…

8 years ago
  • Income Tax

Public Sector Company Deemed Demerger on Shares Transfer by Central Government and reconstruction or splitting up. CBDT Notification No. 93/2016

Public Sector Company Deemed Demerger on Shares Transfer by Central Government  MINISTRY OF FINANCE Department of Revenue CENTRAL BOARD OF…

8 years ago
  • Income Tax

Difference in CPC Demand and Central Action Plan CAP-1. Income Tax Department study shows PrCCIT Regions-wise un-reconciled differences.

Difference in CPC Demand and Central Action Plan CAP-1. Income Tax Department study shows PrCCIT Regions -wise unreconciled differences. Directorate…

8 years ago
  • Income Tax

Partnership salary allowed in profit loss ratio as per deed as the remuneration clause provided the manner of quantifying as per CBDT Circular No. 739

Partnership salary allowed in profit loss ratio as per deed. Remuneration clause provided the manner of quantifying as per CBDT…

8 years ago
  • Income Tax

No Penalty 271(1)(c) even if quantum proceedings upheld additions. Merely because a bona fide explanation did not find favour, penalty not justified

No Penalty 271(1)(c) even if quantum proceedings upheld additions. Merely because a bona fide explanation did not find favour, it would not…

8 years ago
  • Income Tax

IDS 2016 Clarification-electronic communication of Form-2 and eligibility where search, seizure conducted on or after 01-06-2016. CBDT Instruction 11/2016

IDS 2016 Clarification Instruction No. 11 of 2016 F.No.142/8/2016-TPL(Part) Government of India Ministry of Finance Department of Revenue (Central Board…

8 years ago
  • Income Tax

Applicability of TDS us 194-I to lump sum lease premium paid for acquisition of long term lease. CBDT Circular No. 35/2016

Applicability of TDS us 194-I to lump sum lease premium paid for acquisition of long term lease Circular No. 35…

8 years ago
  • Income Tax

Income Tax Department vindictively disallowed agricultural income claim of Jayalalithaa. Sasikala also gets similar relief from ITAT

Income Tax Department vindictively disallowed agricultural income claim of Jayalalithaa.  Sasikala also gets relief from ITAT ABCAUS Case Law Citation:…

8 years ago
  • Income Tax

No income concealment us 271(1(c) on gift under explanation 5A. NSC declared us 153A was received as inheriting, gift from father, grandfather-ITAT

No income concealment us 271(1(c) on gift under explanation 5A. NSC declared us 153A was received as inheriting, gift from…

8 years ago
  • Income Tax

Annual Information Return Amendment Rules 114D 114E. Furnishing statements by registering officer, aggregation of AIR amounts

Annual Information Return Amendment Rules 114D 114E. Furnishing statements by registering officer, aggregation of AIR amounts. CBDT vide Notification No.…

8 years ago