Category: Income Tax
e-Return Intermediary-Company Secretaries and Cost Accountants also qualified along with Chartered Accountants MINISTRY OF FINANCE Department of Revenue CENTRAL BOARD OF DIRECT TAXES NOTIFICATION New Delhi, the 9th August, 2016 S.O. 2670(E).—In exercise of the powers conferred by sub-section (1B) of section 139 of the Income tax Act, …
PAN compulsory in Form No 10 for author founders trustees managers of charitable trust or institution in application for registration u/s 12A MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 9th August, 2016 INCOME-TAX S.O. 2671(E).— In exercise of the powers …
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 9th August, 2016. Sub: Direct Tax Collections Increase by 24.01% up to July, 2016- reg The figures for direct tax collections up to July, 2016 show that net revenue collections …
Revision of Media Policy of Income Tax Department. CBDT constitues of committee to draft amended guidelines to regulate interaction with Media F. No.402/95/2016-17/MC Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 9th August, 2016. OFFICE MEMORANDUM Sub: Revision of the …
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 8th August, 2016 Press Release Sub: Surging growth in Electronic filing of Income Tax Returns for F.Y. 16-17-reg. The facility of e-verification of IT returns has been used by over 75.3 Lakh …
Penalty 271(1)(c) can not be imposed when High Court admits substantial question of law on quantum addition making apparent that addition is debatable – ITAT ABCAUS Case Law Citation: 982 2016 (08) ITAT Assessment Year: 2005-06 Date/Month of Judgment: August 2016 Brief Facts of the Case: During the …
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 any fact while filing the return and filed the copies of the document along with the return, merely because the sale proceeds were shown as a long term capital gain …
Penalty us 271FA for late filing AIR Return quashed by ITAT considering that the tax laws of the country are complex and complicated and require assistance of specialised tax practitioners. ABCAUS Case Law Citation: 980 2016 (08) ITAT Date/Month of Judgment: August 2016 Important Judgments relied by the assessee: Motilal …
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 5th August, 2016. PRESS RELEASE Subject: Framework for computation of book profit for the purposes of levy of MAT under section 115JB of the Income-tax Act, 1961 for Indian Accounting Standards (Ind …
First Bilateral APA with Japanese company with Rollback provision making it fourth bilateral Advance Pricing Agreement signed by CBDT Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, 4th August, 2016. PRESS RELEASE Sub: Signing of Bilateral Advance Pricing Agreement by CBDT The Central …
