Category: Income Tax
The violation, if any, of the provision of a State Act, should not come in the way of processing the application filed u/s 80G, unless the provisions of the Income Tax Act require examination of the same- ITAT ABCAUS Case Law Citation: ABCAUS 1253 (2017) (05) ITAT The …
Benefit of 30% Disallowance u/s 40(a)(ia) prior to 2015 amendment be given to assessee else AO should confirm if parties have deposited tax or not – ITAT ABCAUS Case Law Citation: ABCAUS 1252 (2017) (05) ITAT The Grievance: The appellant assessee had challenged the order passed by the …
Postings-transfers in the grade of ACIT-DCIT List of 104 Assistant-Deputy Commissioner of Income Tax (Local Change) Transferred F. No. A-22013/1/2017-Ad-VI (Pt .) Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi-110 001. Date: 18.05.2017. Order No.80 of 2017 The …
CIT-Appeals ex-parte order bad as he himself adjourned hearing for being busy, notice received on same date and AR was suffering from high fever – ITAT ABCAUS Case Law Citation: ABCAUS 1251 (2017) (05) ITAT The Grievance: The appellant assessee was aggrieved by the order passed by the …
Revision 263 for non application of section 50C. The order of the AO was held not only erroneous but also prejudicial to the interest of Revenue – ITAT ABCAUS Case Law Citation: ABCAUS 1250 (2017) (05) ITAT The Grievance: The appellant assessee was aggrieved by the order passed …
FAQ-Preparation Validation and Generation of SFT Form No 61A for reporting of cash transactions u/s 285BA read with Rule 114E FAQ-Preparation, Validation and Generation of SFT Form No 61A Deploying the Utility 1. How to install the utility on a windows platform? The downloaded zip file has to …
SFT Report Generation Utility Procedure User Guide. FAQ on Preparation, Validation and Generation of SFT Form No. 61A u/s 285BA read with Rule 114E for reporting of cash transactions Statement of Financial Transaction (SFT) Report Generation Utility User Guide 1 Introduction 1.1 Intended Audience The principal officer and …
Operation Clean Money-Traders top cash depositors during demonetization period. Income Tax Thematic Report on Taxpayer Segment Analysis The Income Tax Department on the occasion of launch of Operation Clean Money Portal by Finance Minister placed Operation Clean Money (OCM) Thematic Report #1 of May, 2017 related to Taxpayer Segment …
Operation Clean Money-High risk issues from taxpayers response-. Comprehensive risk assessment as High, Medium, Low, and Very Low -Status Report of ITD The Income Tax Department on the occasion of launch of Operation Clean Money Portal by Finance Minister placed Operation Clean Money (OCM) Status Report of May, …
Operation Clean Money-Tax payers response. As per Status Report of ITD nearly 80% cash reported out of sales or past income/savings The Income Tax Department on the occasion of launch of Operation Clean Money Portal by Finance Minister placed Operation Clean Money Status Report of May, 2017. As …