Category: Income Tax

Limitation Period us 153-Contention was that ITAT had set aside Assessment order of CIT-A only and not that of the AO-Allahabad HC Judgment

Limitation Period us 153-Contention was that ITAT had set aside Assessment order of CIT-A only and not that of the AO-Allahabad HC Judgment

February 11, 2017 High Courts, Income Tax, Judgments
Limitation Period us 153-Contention was that ITAT had set aside Assessment order of CIT-A only and not order of the Assessing Officer-Allahabad HC Judgment ABCAUS Case Law Citation: ABCAUS 1123 (2017) (02) HC Important Case Laws Cited/relied upon: CIT Vs Purshottamdas T. Patel, reported in 209 ITR 52 …
CPC intimation us 143(1) applying MMR on AOP trust invalid as jurisdiction limited for disallowing only prima facie inadmissible deductions

CPC intimation us 143(1) applying MMR on AOP trust invalid as jurisdiction limited for disallowing only prima facie inadmissible deductions

February 10, 2017 Income Tax, ITAT, Judgments
CPC intimation us 143(1) applying MMR on AOP trust invalid as jurisdiction limited for disallowing only prima facie inadmissible deductions, allowances – ITAT ABCAUS Case Law Citation: ABCAUS 1122 (2017) (02) ITAT Assessment Year : 2013-14 Date/Month of Pronouncement: February, 2017 Important Case Laws Cited/relied upon: J.K.S. Employees …
Paperless Assessment proceedings-E-mail based communication. Review of performance. Revised format for reporting disposal of such assessments

Paperless Assessment proceedings-E-mail based communication. Review of performance. Revised format for reporting disposal of such assessments

February 10, 2017 Income Tax
Paperless Assessment proceedings-E-mail based communication. Review of performance. Revised format for reporting disposal of such assessments F.No. 225/267/2015 ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi, the 10th February, 2017 To Pr Chief Commissioners of Income-tax Ahmedabad …
Honest tax­-payers will be treated with dignity and courtesy. Greater accountability and probity in actions taken by Income Tax Officers-CBDT

Honest tax­-payers will be treated with dignity and courtesy. Greater accountability and probity in actions taken by Income Tax Officers-CBDT

February 10, 2017 CBDT, Income Tax
Honest tax­-payers will be treated with dignity and  courtesy. Greater accountability and probity in actions taken  by  Income Tax Officers-CBDT  GOVERNMENT OF INDIA Ministry of Finance/Department of Revenue Central Board of Direct Taxes North Block, New Delhi-110001 E-mail : chairmancbdt@nic .in Tele: 23092648 & Telefax :23092544 SUSHIL CHANDRA …
Revision us 263-Use of word “appears” showed CIT was not sure how and in what manner the assessment order passed was without investigation-ITAT

Revision us 263-Use of word “appears” showed CIT was not sure how and in what manner the assessment order passed was without investigation-ITAT

February 9, 2017 Income Tax, ITAT, Judgments
Revision us 263-Use of word appears showed CIT was not sure as to how and in what manner the assessment order passed was without investigation and enquiry-ITAT ABCAUS Case Law Citation: ABCAUS 1121 (2017) (02) ITAT Assessment Year : 2008-09 Date/Month of Pronouncement: February, 2017 The Grievance: The …
BIFR Sick Companies Reliefs Claims wrongly allowed. CBDT asks Officials to immediately examine assessment record and take remedial action

BIFR Sick Companies Reliefs Claims wrongly allowed. CBDT asks Officials to immediately examine assessment record and take remedial action

February 7, 2017 CBDT, Income Tax
BIFR Sick Companies Reliefs Claims wrongly allowed. CBDT asks Officials to immediately examine assessment record and take appropriate remedial action.            Most Urgent Government of India Directorate  Of Income-Tax (Recovery) 6th Floor, Mayur Bhawan, Connaught Circus, New Delhi-  110001 Ph. No. 011-23411993,   Fax  No.     011-23413218 Email:   dit.recovery.delhi@incometaxindia.gov.in F. …
CBDT signs four more unilateral APAs pertaining to Manufacturing, Financial and Information Technology sectors of the economy.

CBDT signs four more unilateral APAs pertaining to Manufacturing, Financial and Information Technology sectors of the economy.

February 7, 2017 Income Tax
CBDT signs four more unilateral APAs Central Board of Direct Taxes (CBDT) signs four more unilateral Advance Pricing Agreements (APAs) The Central Board of Direct Taxes (CBDT),Department of Revenue, Ministry of Finance has entered into four more unilateral Advance Pricing Agreements (APAs) yesterday. The four APAs signed pertain …