Income Tax

  • Income Tax

50 Postings-transfers in the grade of Commissioner of Income Tax (Local Change) CBDT Order No. 143 of 2016

F.No. A-22011/2/2016-Ad-VI Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi-110…

8 years ago
  • Income Tax

e-Return Intermediary-Company Secretaries and Cost Accountants also qualified along with Chartered Accountants

e-Return Intermediary-Company Secretaries and Cost Accountants also qualified along with Chartered Accountants MINISTRY OF FINANCE Department of Revenue CENTRAL BOARD…

8 years ago
  • Income Tax

PAN compulsory in Form No 10 for author founders trustees managers of charitable trust or institution in application for registration u/s 12A

PAN compulsory in Form No 10 for author founders trustees managers of charitable trust or institution in application for registration…

8 years ago
  • Income Tax

Direct Tax Collections Increase by 24.01 Percent up to July 2016.

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 9th August,…

8 years ago
  • Income Tax

Revision of Media Policy of Income Tax Department. CBDT constitues of committee to draft amended guidelines to regulate interaction with Media

Revision of Media Policy of Income Tax Department. CBDT constitues of committee to draft amended guidelines to regulate interaction with…

8 years ago
  • Income Tax

Surging growth in e-filing of Income Tax Returns for FY 16-17. e-verification, digitally signed ITRS , faster refunds by CPC – Press Release

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 8th August, 2016 Press…

8 years ago
  • Income Tax

Penalty 271(1)(c) can not be imposed when High Court admits substantial question of law on addition making apparent that it is debatable – ITAT

Penalty 271(1)(c) can not be imposed when High Court admits substantial question of law on quantum addition making apparent that…

8 years ago
  • Income Tax

Penalty 271(1)(c) for claiming Short Term Capital Gain STCG as Long Term Capital Gain LTCG and deduction us 54F quashed by the ITAT

Penalty 271(1)(c) for claiming STCG as LTCG and deduction us 54F quashed by the ITAT holding that if the assessee had not concealed…

8 years ago
  • Income Tax

Penalty us 271FA for late filing AIR Return quashed. Country’s tax laws are complex, complicated and require assistance of specialised tax practitioners

Penalty us 271FA for late filing AIR Return quashed by ITAT considering that the tax laws of the country are complex and…

8 years ago
  • Income Tax

Computation of book profit for the purposes of levy of MAT u/s 115JB for Indian Accounting Standards (Ind AS) compliant companies-Framework

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 5th August, 2016. PRESS…

8 years ago