Category: Income Tax
FAQ-Preparation Validation and Generation of SFT Form No 61A for reporting of cash transactions u/s 285BA read with Rule 114E FAQ-Preparation, Validation and Generation of SFT Form No 61A Deploying the Utility 1. How to install the utility on a windows platform? The downloaded zip file has to …
SFT Report Generation Utility Procedure User Guide. FAQ on Preparation, Validation and Generation of SFT Form No. 61A u/s 285BA read with Rule 114E for reporting of cash transactions Statement of Financial Transaction (SFT) Report Generation Utility User Guide 1 Introduction 1.1 Intended Audience The principal officer and …
Operation Clean Money-Traders top cash depositors during demonetization period. Income Tax Thematic Report on Taxpayer Segment Analysis The Income Tax Department on the occasion of launch of Operation Clean Money Portal by Finance Minister placed Operation Clean Money (OCM) Thematic Report #1 of May, 2017 related to Taxpayer Segment …
Operation Clean Money-High risk issues from taxpayers response-. Comprehensive risk assessment as High, Medium, Low, and Very Low -Status Report of ITDÂ The Income Tax Department on the occasion of launch of Operation Clean Money Portal by Finance Minister placed Operation Clean Money (OCM) Status Report of May, …
Operation Clean Money-Tax payers response. As per Status Report of ITD nearly 80% cash reported out of sales or past income/savings The Income Tax Department on the occasion of launch of Operation Clean Money Portal by Finance Minister placed Operation Clean Money Status Report of May, 2017. As …
Modus operandi for conversion of unaccounted cash during Operation Clean Money/demonetization by bullion traders/jewellers, Petrol pumps, Contractors, Shell companies etc. The Income Tax Department on the occasion of launch of Operation Clean Money Portal by Finance Minister placed Operation Clean Money Status Report of May, 2017. As per …
Operation Clean Money Phase-II Enforcement action in high risk cases to be taken i.e.; verification, search, survey, scrutiny – Finance Minister Ministry of Finance Press Release 16-May, 2017 The Union Minister of Finance, Shri Arun Jaitley, launches Operation Clean Portal; Will enable citizen engagement for creating a tax …
Business or House Property income-Onus was on assessee to show that out of income or substantial income was from letting out of the property being principal business activity – SC ABCAUS Case Law Citation:ABCAUS 1249 (2017) (05) SC Important Case Laws Cited relied upon:Chennai Properties and Investments Limited …
FAQ-Salary TDS Return for 4th Quarter 24Q4 by NSDL. 10 Questions answered including Annexure-II reporting requirement for 4th quarter. FAQ-Salary TDS Return for 4th Quarter 24Q4 Question 1. How is the Form 24Q for the fourth quarter of FY 2005-06 different from the Form 24 Q to be furnished …
Bogus purchase disallowance reduced from loss declared by the assessee as the purchases were related to the same business only – ITAT ABCAUS Case Law Citation: ABCAUS 1247 (2017) (05) ITAT The Grievance: The appellant assessee was aggrieved by the order passed by the Commissioner of Income Tax(A) …
