Competition Commission of India imposes penalty on All India Chess Federation for abuse of dominant position and imposing unreasonable restraints on chess players/irganisations Competition Commission of India (CCI) issues order against All India Chess Federation (AICF) for abuse of dominant position and imposition of unreasonable vertical restraints on …
Name of purchaser to be mentioned on the face of Demand Draft, pay order, banker’s cheques, etc., by the issuing bank 15th September 2018 inwards-RBI Incorporation of Name of the Purchaser on the Face of the Demand Draft Reserve Bank of India has decided to incorporate the name …
Repetition in calculating amount of escaped income was non-application of mind by the AO who persisted with his mistaken belief in rejecting objections but also in adding the entire amount to the returned income – High Court ABCAUS Case Law Citation: ABCAUS 2412 (2018) 07 HC The instant …
Use of Aadhaar in Ayushman Bharat – Desirable and not “Must” Some newspapers have reported today that the use of Aadhaar Card will be a “must” to avail benefits under the Ayushman Bharat – National Health Protection Mission. This is factually incorrect. Notification of the Ayushman Bharat – …
When sales accepted as genuine, entire purchases cannot be treated as bogus and added to the income but the profit element – ITAT ABCAUS Case Law Citation: ABCAUS 2411 (2018) 07 ITAT The instant appeal was filed by the assessee against the order of the CIT(A) in The …
Disallowance of Partners remuneration of CA firm deleted by ITAT as the deed mentioned the method of quantification u/s 40(b)(v) of the Income Tax Act ABCAUS Case Law Citation: ABCAUS 2410 (2018) 07 ITAT The instant appeal was filed by a chartered accountants firm against the order of …