Category: Income Tax
Application for Advance Pricing Agreement Form No 3CED Amendment, Particulars of the Associated Enterprises/Parent Companies MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 16th June, 2017 Notification No. 53 /2017 S.O. 1927(E).—In exercise of the powers conferred by section 295 read …
Appeal before CIT rejected for not filed electronically remanded. Sufficient time to be given to assessee to remove defect by filing e Form-35 – ITAT ABCAUS Case Law Citation: ABCAUS 1278 (2017) (06) ITAT The Grievance: The appellant assessee was aggrieved by the order passed by the Commissioner …
Rule 10CB-Computation of interest income under secondary adjustments. Time limit for repatriation of excess money u/s 92CE (2) to be 90 days MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 52/2017 New Delhi, the 15th June, 2017 G.S.R. 590(E).— In exercise of the …
No Addition for upto 10 percent difference in DVOs report and the amount of investment shown by the assessee which is liable to be ignored – ITAT ABCAUS Case Law Citation: ABCAUS 1277 (2017) (06) ITAT The Grievance: The appellant assessee was aggrieved by the order passed by …
Foreign company resident in India u/s 115JH of the Income-tax Act 1961 Draft Notification Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, Dated 15th June, 2017 CBDT invites comments and suggestions on the Draft Notification in respect of …
Effective assessment through use of departmental database-Task Force Constituted to implement recommendations of the Committee and to submit report by 31st July, 2017 F.No. 225/205/20 17/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New-Delhi dated the 14th of June, …
Potential cases for prosecution u/s 276CC identified for failure to furnish return of income. The Section provides rigorous/simple impriosnment of 7 years to 3 months EFS Instruction No. 63 Tel: 0120-2770029, Fax: Â 0120-2770452 Email:adg2.systems@incometaxindia.gov.in DIRECTORATE OF INCOME TAX (SYSTEMS) ARA Centre, Ground Floor, E-2, Jhandewalan Extension, New Delhi-110055 …
TDS u/s 194-I not to apply to Passenger Service Fees (PSF) by an Airline to an Airport Operator-CBDT accepts Bombay High Court Judgment Circular No. 21/2017 F.No. Â 279/Misc./140/2015/ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, Dated 12th June, 2017 …
Explanation 2 to Section 132B have prospective application-CBDT Circular accepting various High Courts judgment on application of seized/requisitioned assets Circular No.20/2017 F. No. 279/Misc./140/2015/ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, Dated12th June, 2017 Subject: Applicability of Explanation 2 …
Trade advances are not deemed dividend u/s 2(22)(e) as they do not fall within the ambit of the word ‘advance’ – CBDT Circular Circular No. 19/2017 F.No. 279/Misc./140/2015/ITJGovernment of IndiaMinistry of FinanceCentral Board of Direct Taxes New Delhi, Dated 12th June, 2017 Sub: Settled View on section 2(22)(e) …
