Category: Income Tax
SFT form 61A filing last date extended to 30-06-2017 by CBDT CBDT vide order u/s 119 has extended the last/due date for filing SFT to 30-06-2017. As per CBDT order dated 31st May, 2017, the date has been extended in order to remove inconvenience and to facilitate ease …
Form 15G-15H-depositor to furnish declaration each year of all up to date investments including current Fixed Deposit for which form is given. Declaration in Form 15G/15H to be furnished to the Deductor/Payer for each Financial Year F.No. Pr. DGIT(S)/CPC(TDS)/NOTIFICATION/2017-18 Government of India Ministry of Finance Central Board of …
Acceptance of SFT from Sub-Registrar Office and Post Office additional procedure prescribed by CBDT DGIT(S)-ADG(S)-2/e-filingnotification/106/2016 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income Tax (Systems) Notification No. 7 of 2017 Â New Delhi, 30th May, 2017 Procedure for Acceptance of Statement of Financial …
TDS in cases of minors whose both parents have become dead. Banks not to club interest income in the hand of grandparents. CBDTÂ F.No. DGIT(S)/CPC(TDS)/NOTIFICATION/2017-18 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax (Systems) New Delhi. Notification No. 5/2017 New Delhi, 29 …
TDS Deduction Requirement for entities whose income is exempt us 10 unconditionally and who are also statutorily not required  to file return u/s 139 F. No. 385/01/2015-IT(B) Government of India Ministry of Finance Department of Revenue Central Board of Direct taxes North Block, New Delhi 29th may, 2017 …
Age of Chairperson ViceChairperson Members of Tribunal Appellate Tribunal other Authorities – Amendment to section 184 of Finance Act 2017 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 29th May, 2017 S.O. 1702(E).–Whereas, the Finance Act, 2017 (7 of 2017) (hereinafter referred to as the said …
Non-disclosure of bank account due to over-sight-Concealment penalty u/s 271(1)(c) upheld as no credible explanation given for omission & source of deposits – ITAT ABCAUS Case Law Citation: ABCAUS 1268 (2017) (05) ITAT Assessment Year: 2009-10 Date/Month of Judgment/Order: May, 2017 Brief facts of the case: The assessee …
Fixed Deposit interest income during pre-operative period taxable as income from other sources and can not be set off against interest on borrowed money – ITAT ABCAUS Case Law Citation: ABCAUS 1267 (2017) (05) ITAT The Grievance: The appellant assessee was aggrieved by the order passed by the …
Voluntarily charity not business expenditure u/s 37(1). Mere assertion that it was incurred for business cannot be accepted without establishing nexus – ITAT ABCAUS Case Law Citation: ABCAUS 1266 (2017) (05) ITAT The Grievance: The appellant assessee was aggrieved by the order passed by the Commissioner of Income …
Adding another person as representative in income tax website for reasons -being absent from India, non-resident or any other Reason-User Manual/Guide 1 Introduction As per section 140, section 159 and section 160 of the Income Tax Act, 1961, there are many cases where a person is incapable from …
