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Abcaus

Revision 263 abcaus

ITAT’s jurisdiction is not to rewrite the AO’s order and improve upon it. High Court uphelds Revision order u/s 263

administrator July 20, 2018 High Courts, Income Tax
ITAT’s jurisdiction is not to rewrite the AO’s order and improve upon it. High Court uphelds Revision order passed u/s 263 for lack of enquiry  ABCAUS Case Law Citation: ABCAUS 2427 (2018) 07 HC The instant appeal had been filed by the Revenue against the order of the …
GST refunds

Instructions-GST Refunds difficulties in sanctions issued by State Tax Authorities

administrator July 20, 2018 GST
Instructions-GST Refunds difficulties in sanctions issued by State Tax Authorities. DDO to send documents preferably on the same day No.Pr.CCA/CBEC/GST-IT/e-PAO  Refund/33/2017-18/263 Office of the Principal Chief Controller of Accounts Central Board of Indirect Taxes & Customs Ministry of Finance, Deptt. of Revenue DGACR Building, 1st Floor I.P Estate, …
sale of property through Power of Attorney

Section 50C not applicable to sale of property through Power of Attorney – ITAT

administrator July 20, 2018 Income Tax, ITAT
Section 50C not applicable to sale of property through Power of Attorney. Provisions at best could be invoked only in the hands of the original owner-ITAT  ABCAUS Case Law Citation: ABCAUS 2426 (2018) 07 ITAT The instant appeal had been filed by the assessee against the order of …
Rs. 100 new bank note

RBI to Issue New Design Rs. 100 Denomination Banknote in the Mahatma Gandhi (New) Series

administrator July 19, 2018 RBI
RBI to Issue New Design Rs. 100 Denomination Banknote The Reserve Bank of India will shortly issue ₹ 100 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India. The new denomination has Motif of “RANI KI VAV” …
ca

MCA invites applications from CAs at 41 locations on contract Basis on consolidated remuneration of Rs. 40000 pm

administrator July 19, 2018 CA CS CMA, ICAI, MCA
Ministry of Corporate Affairs (MCA) invites applications from Chartered Accountants (CAs) having 2 to 5 years of post-qualification experience at 41 locations  The selected candidates will be engaged as Consultant in the MCA Offices located all over India in compliance, Investigation and inspection related areas of work. The …
capital gain exemption

Denial of Section 54F exemption for quoting wrong section without examining merits-ITAT remands case to AO

administrator July 19, 2018 Income Tax, ITAT
Denial of Section 54F exemption for quoting wrong section without examining merits of deduction claimed-ITAT remands the case to Assessing Officer   ABCAUS Case Law Citation: ABCAUS 2425 (2018) 07 ITAT The instant appeal had been filed by the assessee against the order of the CIT(A) upholding  the …

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