Category: Income Tax
Statement recorded u/s 131 though binds the assessee cannot be independently used for making addition unless corroborated by evidences – ITAT ABCAUS Case Law Citation: ABCAUS 2784 (2019) (02) ITAT Important Case Laws Cited/relied upon by the parties CIT Vs M/s. Hotel Meriya ; Produce Co. Ltd. vs …
IRS Officer along with mother sent to Rigorous Imprisonment in a disproportionate assests case by the CBI Court The Special Judge, CBI Cases, Dehradun (Uttarakhand) has sentenced Shri Swetabh Suman (an IRS Officer of 1988 Batch), the then Additional Commissioner of Income Tax, Jamshedpur to undergo seven years …
ITD has become more technology driven and taxpayer friendly organisation committed to collect the revenue while not losing sight of the citizen-centric initiatives – says CBDT Outgoing Chairman In a message, Shri Sushil Chandra, outgoing Chairman, CBDT has expressed thanks to Income Tax Family for their support and said …
Aadhaar-PAN linking is mandatory now which has to be completed till 31.3.2019 by the PAN holders requiring filing of Income Tax Return. Income Tax Department in a latest advisory has stated that Aadhaar-PAN linking is mandatory now which has to be completed till 31.3.2019 by the PAN holders …
Shri PC Mody takes over as the new Chairman of CBDT F.No.A.12026/4/2018-Ad.IGovernment of IndiaMinistry of FinanceDepartment of Revenue*** New Delhi, the 15th February, 2019. OFFICE ORDER No. 38/2019 The President of India is pleased to appoint Shri Pramod Chandra Mody, IRS (IT:82004), presently working as Member, Central Board …
CBDT Guidelines for representation of cases before CIT(A) and formation of “Regional Talent Pool” and “National Talent Pool” The CBDT has issued an Instruction to all Pr. Chief Commissioners of Income Tax emphasizing that the income tax cases should be properly defended before the CIT(Appeals), as the department will have …
Revised Excel Auto Salary TDS Certificate Form 16 for AY 2019-20 Download Under Section 203 of Income tax Act, 1961, Every employer whether in Government sector or in private sector, is required to issue in form 16, a certificate for tax deducted at source (TDS) from salary. The …
TDS credit for wrong PAN mentioned in TDS return by employer- ITAT directs Assessing Officer (AO) to give credit of TDS to the assessee after verification ABCAUS Case Law Citation:ABCAUS 2782 (2019) (02) ITAT The sole issue involved in the instant appeal was that the CIT(A) had not …
Assistant Director, Income Tax (Investigation) sentenced to five years Rigorous Imprisonment with a fine of Rs. one lakh in a bribery case. The Special Judge, CBI Cases, Dhanbad (Jharkhand) has sentenced Sh. Swarn Singh, then Assistant Director, Income Tax (Investigation), Dhanbad to undergo five years Rigorous Imprisonment with …
Corpus donation with specific purpose of purchase of lands for furtherance of the objects not income u/s 2(24)(iia) as they were capital receipts for specific purpose – ITAT ABCAUS Case Law Citation: ABCAUS 2781 (2019) (02) ITAT Important Case Laws Cited/relied upon by the parties ITO Vs. Vokkaligara …
