Misbehaviour and harassment by Sr. Officers of the Income Tax Department-Advisory  Principal Director General of Income Tax (Administration & TPS) has issued an advisory to all Pr. Chief Commissioners of Income Tax on the issue of complaints received regarding misbehaviour by Senior Officers of the Department. Misbehaviour and …

in-built security and privacy features in Electoral Bonds Government clarifies in-built security features of the Electoral Bonds  Random Serial Number, invisible to the naked eye, present on the Bond not linked to any party transaction or cannot be used for tracking the transactions SBI does not share the …

Government assures supply of currency notes to ATMs to meet unusual spurt in demand  Government reviews the currency circulation in the country  Government and RBI have taken all steps to meet unusual demand of the currency Adequate reserves of currency to meet the rising demands Non Functional ATMS to be …

Dealers opting composition levy not required to furnish details of inward supply in Form GSTR-4-Clarification Clarification on the manner of filing the Quarterly Return by Composition Dealers in FORM GSTR-4  Doubts are being raised about the manner of filing the quarterly return by composition dealers in FORM GSTR-4. In …

Deduction 54F-House used for commercial activity not counted for limit of one residential house on the date of transfer of the original asset- ITAT ABCAUS Case Law Citation: ABCAUS 2289 (2018) (04) ITAT The appellant assessee was aggrieved by the order That the CIT(Appeals sustaining the addition made …

Exclusive Jurisdiction of one CIT-A overs cases assessed under the Black Money Act 2015. Nineteen such stations notified by CBDT  The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (BM Act) has been  enacted  to deal with the problem of Black money in …