Disallowance u/s 40(a)(ia) for non deduction of tax on payments to well-known NBFCs-ITAT remands issue for examination if NBFCs offered income to tax ABCAUS Case Law Citation: ABCAUS 2633 (2018) (11) ITAT Important Case Laws Cited/relied upon: Shri Azmath Ulla vs. ACIT ITO vs. Dr. Jaideep Kumar Sharma …

AO cannot reject the exemption claim u/s 154 only because in return income shown as taxable. There is No estoppel against assessee to claim income exempt – ITAT ABCAUS Case Law Citation: ABCAUS 2632 (2018) (11) ITAT An appeal was filed by the assessee against the impugned order …

Courts are not supposed to decide academic issues unless any injury is suffered or any legal right is infringed of the person preferring the appeal ABCAUS Case Law Citation: ABCAUS 2631 (2018) (11) HC The assessee had filed an Income Tax Appeal raising the following substantial questions of …

Maternity Leave Incentive Scheme for reimbursement of 7 weeks wages to employers who employ women workers with wage ceiling upto Rs. 15000/- yet to be notified- Clarification by Ministry of Labour & Employment In a section of media, there have been some reports about Maternity Leave Incentive Scheme. In …

Central Excise Officers of DGCEI have all India jurisdiction, can issue notices/enquire into service tax matters against any assessee even it is registered with one or multiple Commissionerates. ABCAUS Case Law Citation: ABCAUS 2630 (2018) (11) HC Important Case Laws Cited/relied upon: Sri Balaji Rice Company versus Commercial …

MCA Constitues Committee for finalizing Business Responsibility Reporting (BRR) Format for Listed and Unlisted Companies based on Framework of updated NVGs F. No. 10/19/2018-CSR (Part File- 2) Government of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan, Dr. R.P. Road, New Delhi-110001 14.11.2018 OFFICE ORDER …