Assessee’s explanation may not be sufficient for deleting addition on merit, however, in penalty proceedings it deserves to be accepted – ITAT deletes concealment penalty imposed for addition made due to unserved summons on debtors ABCAUS Case Law Citation: ABCAUS 2591 (2018) (10) ITAT The instant appeal was …
Supreme Court bans Bharat Stage-IV compliant vehicle’s sale or registration in India from 01.04.2020. Only BS-VI compliant vehicles to be sold after cut of date ABCAUS Case Law Citation: ABCAUS 2590 (2018) (10) SC In 2003, the Government of India had announced the National Auto Policy based on the recommendations of the Mashelkar Committee constituted in 2001. BS-IV compliant vehicles were made compulsory for four …
CPC intimation treated as original notice of demand u/s 156 for filing appeal. CIT(A) rejected appeal as defective but ITAT remanded the matter ABCAUS Case Law Citation: ABCAUS 2589 (2018) (10) ITAT The instant appeal was filed by the assessee against the order of CIT(A) in rejecting the …
RFID seals to be procured from destination warehouse for deposit in and removal of goods from Customs bonded Warehouses Circular No. 39/2018-Customs F.No: 484/3/2015 – LC (Vol. II) Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs Room No.49, North Block, New …
Amendment to Form of appeal and memorandum of cross-objections to Appellate Tribunal. Revised Form 36 and Form 36A. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 72/2018 New Delhi, the 23rd October, 2018 G.S.R 1054(E).—In exercise of the powers conferred by section 253 …
Total Expense Ratio and Performance Disclosure for Mutual Funds – SEBI Direction to bring transparency, reduce portfolio churning and mis-selling in MF schemes Securities and Exchange Board of India CIRCULAR SEBI/HO/IMD/DF2/CIR/P/2018/137 October 22, 2018 All Mutual Funds (MFs)/ Asset Management Companies (AMCs)/ Trustee Companies/ Boards of Trustees of …
