Category: Income Tax
Transfers-Postings list in the grade of CIT. CBDT has issued a list of 245 transfers/postings in the garde of Commissioners of Income Tax (CIT) CBDT has issued a list of 245 transfers/postings in the garde of Commissioners of Income Tax (CIT). The present place of those transferred are …
Exemption from the provision of section 269ST prohibiting cash receipt of Rs. 2 lakhs or more MINISTRY OF FINANCE (Department of Revenue) Notification No. 57 /2017 New Delhi, the 3rd July, 2017 S.O. 2065(E).—In exercise of the powers conferred by clause (iii) of the proviso to section 269ST …
NPA interest write off-Income Tax Act to override NHB Act. Deduction for past due interest to be based on 6 months u/s 43D read with Rule 6EB-Delhi High Court ABCAUS Case Law Citation: ABCAUS 1284 (2017) (07) HC The Grievance: The Petitioner company had filed the present petition …
CIT erred in rejecting revision application u/s 264 on the ground of maintainability. CIT ought to have entertained the revision petition on merits- Delhi High Court ABCAUS Case Law Citation: ABCAUS 1283 (2017) (07) HC The Grievance: The Petitioner company had filed the present petition under Article 226 …
Procedure of intimating AADHAAR number to Income Tax Department by PAN holder and quoting AADHAAR in PAN applications iu/s 139AA F.No. Â DGIT(S)/DIT(S)-1/Aadhaar Seeding/0005/2015/Part 6 GOVERNMENT OF INDIA CENTRAL BOARD OF DIRECT TAXES DIRECTORATE Â OF INCOME- TAX (SYSTEMS) Notification No. 7 of 2017 New Delhi, Â 29th June, 2017 Subject …
Aadhaar Number or Enrolment ID compulsory for PAN Application. Amendment to Rule 114 of Income tax Rules and Form 49A for PAN allotment Aadhaar Number or Enrolment ID compulsory for PAN Application MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 56/2017 New Delhi, …
Doubtful advances written off treated as provisions not allowable expenditure u/s 37(1) in contrast to bad debts w/o u/s 36(i)(vii) qua sundry debtor – ITAT ABCAUS Case Law Citation: ABCAUS 1281 (2017) (06) ITAT The Grievance: The appellant assessee was aggrieved by the order passed by the Commissioner …
Revised format of income-tax notices u/s 143(2) for e-proceedings under Limited/Complete Scrutiny under CASS and Compulsory Manual Selection Issue of notices under section 143(2) of Income-Tax Act, 1961 in revised format F.No.225/157/2017 /ITA.II Government of India Ministry of Finance Departtnent of Revenue (CBDT) North Block, New Delhi, dated …
Mere third party statement of accommodation entries not sufficient to reopen assessment in the absence of any nexus of statement to alleged share applicants-ITAT ABCAUS Case Law Citation: ABCAUS 1279 (2017) (06) ITAT The Grievance: The appellant assessee was aggrieved by the order passed by the Commissioner of …
Furnishing of PAN related information to National Intelligence Grid. CBDT authorises DGIT-Systemsfor to furnish bulk information to NATGRID TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New …
