Presumption that commission cannot be paid for purchase wrong. No evidence that commission came back to assessee or agents were related parties – ITAT ABCAUS Case Law Citation: ABCAUS 2533 (2018) 09 ITAT Important Case Laws Cited/relied upon by the parties: Commissioner of Income Tax Vs Inbuilt Merchants …
Non member has no voting right in Committee of Creditors under IBC-2016. Non member cannot be regarded voted against a resolution or abstained from voting Financial creditor till admitted as a CoC member has no voting right Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, …
Tax Authorities acting as handwriting experts holding wage register fabricated. ITAT quashed the disallowance based on probability of forged signatures ABCAUS Case Law Citation: ABCAUS 2532 (2018) 09 ITAT The assessee was a manufacturing footwear. During the assessment proceedings, it was observed by the AO that the salary …
ICSI Secretarial Standard on Report of the Board of Directors SS-4. The Standard prescribes principles for making disclosures in the Report ICSI Secretarial Standard on Report of the Board of Directors SS-4 The Companies Act, 2013, requires the report of Board of Directors of every company to be …
Reopening on the basis of alleged VDIS declaration information from CBDT quashed when AO was not having declaration / documents while recording reasons ABCAUS Case Law Citation: ABCAUS 2530 (2018) 09 HC The appellant assessee had filed an appeal against the order of the CIT(A) challenging the initiation …
CBDT Extends ITR and Tax Audit Report filing due date for AY 2018-19 to 15.10.2018. Download CBDT Order u/s 119 F.No. 225/358/2018/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North-Block, ITA.II Division New Delhi, the 24th of Sept mber, 2018 Order under …