Jurisdiction of CIT Appeals under the Black Money Act 2015. Region wise list including additional powers for cases of International Taxation Notification F.No. 279/Misc./M-44/2018-ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** Room No.12, 5th Floor, Jeevan Vihar Building, Sansad Marg …

High Court revives prosecution for not filing return. An indefinite period for compliance can never be the intention of the law   ABCAUS Case Law Citation: ABCAUS 2553 (2018) (10) HC Important Case Laws Cited/relied upon by the parties: Sasi Enterprises v. Assistant Commissioner of Income Tax (2014) …

We are committed to arrange liquidity to IL& FS says Finance Ministry Firm and Decisive Government Action taken to preserve value and assets of IL& FS In a Press Released issued today, the Finance Ministry said that the Government stands fully committed to ensure much needed liquidity arranged …

Incorporation of LLP made fully online-Milestone in Ease of Doing Business Another Milestone in the direction of “Ease of Doing Business”: Incorporation of Limited Liability Partnership (LLP) through a complete online system made a reality  Today, one can start business by incorporating a company through an on-line process …

CIT(A) erred by not admitting additional evidences in case restored by Tribunal. Once the matter has been considered by the Tribunal and restored to the files of the CIT(A) there was no question of not admitting the evidences furnished by the assessee – ITAT ABCAUS Case Law Citation: …

Deduction 54B for agricultural land purchased prior to sale deed allowed. Date of actual transfer or even purchase of new land not always relevant – ITAT ABCAUS Case Law Citation: ABCAUS 2551 (2018) (10) ITAT Important Case Laws Cited/relied upon by the parties: CIT Vs. Janardhan Dass 299 …