Income Tax

  • Income Tax

Appeal where additions made due to audit objection deleted in adverse judgment should be filed and contested on merits only

Appeal where additions made due to  audit objection deleted in adverse judgment should be filed and contested on merits only…

8 years ago
  • Income Tax

Undisclosed investment element in undisclosed purchases upheld. Peak credit rejected

Element of undisclosed investment in undisclosed purchases upheld. Peak credit of purchases rejected. AO to work out number of fund…

8 years ago
  • Income Tax

Deduction us 54-Old fund used for construction of new house. It is not mandatory that sale consideration new house should be used for construction-ITAT

Deduction us 54-Old fund used for construction of new house. It is not mandatory that only the sale consideration of house…

8 years ago
  • Income Tax

Transaction Codes for Preparation of SFT us 285BA Rule 114E. Code SFT-001 to SFT-014

Transaction Codes for Preparation of SFT us 285BA Rule 114E. Code SFT-001 to SFT-014 Transaction Specific Guidelines for Preparation of…

8 years ago
  • Income Tax

Guidelines-Preparation of SFT us 285BA Rule 114E. Statement of financial transaction Form No. 61A-CBDT Notification 1/2017

Guidelines-Preparation of SFT us 285BA Rule 114E. Statement of financial transaction Form No. 61A-CBDT Notification 1/2017 General Guidelines for Preparation…

8 years ago
  • Income Tax

Updated List-Transactions to be reported under Rule 114E and their nature and value

Updated List-Transactions to be reported under Rule 114E. Updated List-Transactions to be reported under Rule 114E. Nature and value of transactions…

8 years ago
  • 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…

8 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…

8 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…

8 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…

8 years ago