Electronic sealing-deposit in and removal of goods from customs bonded Warehouses. Data elements and procedure to be used under Warehousing Regulations Circular No. 19 I 2018- Customs F.No: 484/3/2015- LC (Vol II) Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs …

Date of transfer of immovable property is when sale deed is executed and not when it is recorded by the Registrar. ITAT deletes addition u/s 56(2)(vii)(b) The instant appeals were filed by the assessee against the order of the CIT(A) confirming the action of assessing officer (AO) in …

Orders u/s 234E not appealable before CIT(A). Department not obliged to serve the order separately upon the assessee when available online – ITAT  The instant appeals were filed by the assessee against the order of the CIT(A) confirming the order imposing late fees under section 234E of the …

Penalty 271B treating cash deposits in bank as turnover u/s 44AB upheld by Tribunal when assessee could not explain source of deposit in bank accounts  The instant appeals were filed by the assessee against the order of the CIT(A) confirming the penalty levied under section 271B of the …

Disallowance 40(A)(3) for cash payment deleted when payee was new. When genuiness of payment not doubted there was every possibility that party refused to cheques / Demand draft – ITAT  ABCAUS Case Law Citation ABCAUS 2372 (2018) 06 ITAT During the course of the assessment proceedings, the Assessing …

The Companies (Registered Valuers and Valuation) Second Amendment Rules 2018 – MCA Notification MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 13th June, 2018 G.S.R. 559(E).—In exercise of the powers conferred by section 247 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central …