CEO Government e Marketplace (GeM) notified u/s 138(1) (a)(ii) for the purposes of furnishing information by Income Tax Department Section 138 contains provisions for disclosure of information respecting assessee. As per the provisions, a person can make an application to the Income Tax Department in Form No. 46 …

All pending scrutiny assessment to be conducted only through e-Proceeding except for search cases  CBDT has issued an Instruction (01/2018) making all pending scrutiny assessments mandatorily to be conducted only through the ‘E-Proceedings’.  Sub-section (23C) of Section 2 of the Income-tax Act, 1961 (Act), applicable from 01.06.2016, provides …

CBEC circular clarifying various issues as approved by GST Council Central Board of Excise and Customs (CBEC) has issued a circular for clarification with regard to the following issues as approved by the GST Council in its 25th meeting held on 18th January 2018. S. No. Issue Clarification 1. …

Notice u/s 148 after four years by ACIT or DCIT requires sanction by CIT under the provisions of section 151(1) before amendment by Finance Act 2015  ABCAUS Case Law Citation: ABCAUS 2196 (2018) (02) HC Prelude: Before the substitution by the Finance Act, 2015, section 151(1) of the …

Superintendents of Central Tax shall also be empowered to issue show cause notices and orders under section 74 of the CGST Act. Section 73 of the Central Goods and Services Tax Act, 2017 (CGST Act) contains provisions with respect to demand and recovery of tax not paid or …

Out of disqualified directors majority of them were directors of struck off companies  The Ministry of Corporate Affairs, in a press release issued today has revealed that out of 3,09,619 disqualified directors, 2,10,116 number of disqualified directors were directors on the Board of struck off companies The provisions …