Category: Income Tax
Limitation u/s 153-Period between vacation of stay and receipt of order not covered. Only the period during which the assessment proceeding is stayed by an order is covered by the Explanation 1 to Section 153- High Court ABCAUS Case Law Citation: ABCAUS 2072 (2017) (09) HC …
Interest under Section 234B of the Act cannot go beyond the stage of Section 245D(I) before the Settlement Commission as per Law declared by Supreme Court ABCAUS Case Law Citation: ABCAUS 2071 (2017) (09) HC The Grievance: The grievance made in the present case was that the …
MOU between the Ministry of Corporate Affairs and Central Board of Direct Taxes (CBDT) for Automatic and Regular Exchange of Information Press Information Bureau Government of India Ministry of Corporate Affairs 14-September-2017 15:07 IST MOU between the Ministry of Corporate Affairs and Central Board of Direct Taxes (CBDT) …
Attachment order to be notified to CERSAI by Income tax field authorities whether such order already issued or whenever the same are issued in future Directorate of Income Tax (Recovery& TDS) 6th floor, Mayur Bhawan Connaught Circus, New Delhi- 110001 Phone : 011-23411993, Fax: 011-2341-3218 F. No. 1(380)/DIT(R)/SARFAESI/17-18/ …
CBDT refusal to condone delay in filing return u/s 119(2)(b) cannot be contrary to the decision arrived at by another authority exercising analogous powers under the Income Tax Act. ABCAUS Case Law Citation: ABCAUS 2070 (2017) (09) HC The Grievance: The instant Writ Petition was filed under …
TDS on interest on deposits under Capital Gains Accounts Scheme, 1988 where the depositor has deceased to be deducted against PAN of the legal heir Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax (Systems) New Delhi Notification No. 08/2017 New Delhi, 13th, …
Direct Tax Collections up-to August, 2017 in the current FY 2017-18 show Growth of 17.5%. Beaten on demonetisaion and GDP front, Govt relies on tax figures Press Information Bureau Government of India Ministry of Finance 11-September-2017 19:12 IST Direct Tax Collections up-to August, 2017 in the current …
Promotion and Posting of in the grade of PrCCIT-CCIT-DGIT CBDT by order no. 151 of 2017 dated 08/09/2017 has made the following promotions/changes/assigned additional charges: Grade Number of Officers promoted/ Locally changed/assigned additional charges Principal Chief Commissioner of Income Tax (Pr. CCIT) 13 CCIT/DGIT 3 CCIT/DGIT 4
Challenge to reopening u/s 147-Only reasons recorded relevant which the Court has to examine and not reasons or explanations given by the AO at a later stage – High Court ABCAUS Case Law Citation: ABCAUS 2066 (2017) (09) HC The Grievance: The assessee by the instant writ …
Religious and charitable society/trust can not be denied exemption u/s 11 if not exclusively meant for one particular religious community- High Court ABCAUS Case Law Citation: ABCAUS 2065 (2017) (09) HC The Substantial Question of Law urged/framed for determination: The Revenue urged the following question: Whether it …