CBDT asks for withdrawal of Income Tax Appeals in accordance with revision of monetary limits as per Circular No.3/20 18 dated 11.07.2018 issued by the Board Withdrawal of appeals in consequent to Circular No. 3/2018  CBDT vide Circular No. 3/2018 dated 11.07.2018 has enhanced the monetary limits for …

Ex parte penalty order passed ignoring adjournment application filed set aside as the  CIT-A  had never ever bothered to peruse the Appellate Folder ABCAUS 2420 (2018) 07 ITAT The instant appeal was filed by the assessee against an order passed by the Commissioner of Income Tax (Appeals) whereby …

CBIC to observe Third Refund Fortnight to clear pending refunds  Refunds of GST have been a concern for the Government and Trade for the past several months.  In this regard, the CBIC has observed two special drives cum refund fortnights in the Month of March, 2018 (15th to …

Sale of Edible white button mushroom held as agricultural income exempt u/s 10(1). Soil even when separated from land continues to be a specie of it – ITAT ABCAUS Case Law Citation: ABCAUS 2419 (2018) 07 ITAT The Hon’ble President ITAT had referred the following question to the …

MCA constitutes committee to review decriminalisation of offences under the Companies Act 2013 where a penalty could be levied instead MCA has constituted a 10-Member Committee to review the offences under the Companies Act, 2013  The Ministry of Corporate Affairs (MCA) has constituted a 10 Member Committee, headed by …

Non constitution of GST Appellate Tribunal in the State of Uttar Pradesh-High Court calls personal affidavit from Principal Secretary on reasons for delay and steps taken till date. ABCAUS Case Law Citation: ABCAUS 2418 (2018) 07 HC The instant writ petition had been filed against the proceedings under …