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Abcaus

promotion

Promotion of 118 Income Tax Officers (ITOs) to the grade of Assistant Commissioner of Income Tax (ACIT)

administrator August 23, 2018 Income Tax
Promotion of 118 Income Tax Officers (ITOs) to the grade of Assistant Commissioner of Income Tax (ACIT)  CBDT has promoted 118 Income Tax Officers (ITOs) to the grade of Assistant Commissioner of Income Tax (ACIT) on ad hoc basis for the vacancy year 2017-18 for the period of …
Extension of last date for filing DIR-3 KYC

Extension of last date for filing DIR-3 KYC ro 15th September 2018 without any fee

administrator August 23, 2018 Companies Act
MCA has reduced DIR-3 KYC Late Fee to Rs. 500/- till 5th october, 2018 MCA reduces DIN KYC (DIR 3) Late Fee to Rs. 500/- till 05.10.2018. Notification   Earlier: Extension of last date for filing DIR-3 KYC to 15th September 2018 without any fee. Rs. 50oo shall …
stay order

High Court stays penalty proceedings during pendency of petition u/s 264 filed before Commissioner of Income Tax

administrator August 22, 2018 High Courts, Income Tax
High Court stays penalty proceedings during pendency of petition u/s 264 filed before Commissioner of Income Tax ABCAUS Case Law Citation: ABCAUS 2482 (2018) 08 HC The instant petition was filed by assessee against the impugned penalty notice issued by the Assessing Officer (AO) under Section 221(1) of …

Custom exempts goods imported for donation to flood affected people in Kerala-Notification

administrator August 21, 2018 Excise/Custom
Custom exempts goods imported and intended for donation for relief and rehabilitation of people affected by the recent floods in Kerala-Notification Ministry of Finance (Department of Revenue) Notification No. 59/2018-Customs New Delhi, the 21st August, 2018 G.S.R. 789(E).—In exercise of the powers conferred by sub-section (1) of section 25 …
GSTR-3B due date

Last date of filing GSTR-3B for the month of July 2018 extended to 24th Aug 2018 – Notification

administrator August 21, 2018 GST
Last date of filing GSTR-3B for the month of July, 2018 has been extended to 24th Aug, 2018.  The last date for Filing of Return in FORM GSTR-3B for the month of July, 2018 has been extended till 24th August, 2018 for all class of taxpayers by the Competent …
property purchased in joint names

Capital gain Exemption u/s 54 allowed for new property purchased in joint names with wife & daughter

administrator August 21, 2018 Income Tax, ITAT
Capital gain Exemption u/s 54 can not be denied for new property purchased in joint names of self wife & daughter when the amount was actually invested-ITAT ABCAUS Case Law Citation: ABCAUS 2481 (2018) 08 ITAT Important Case Laws Cited/relied upon: CIT vs. Kamal Wahal (2013) 351 ITR …

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