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Abcaus

Extension of time for linking link PAN with Aadhaar to 30-06-2018

administrator March 27, 2018 Income Tax
Extension of time for linking link PAN with Aadhaar to 30-06-2018 F. No.225/270/2017 ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North-Block, ITA.II Division New Delhi, dated the 27th of March, 2018 Order under Section 119 of the Income-tax Act. 1961 …

Deemed dividends not exempted u/s 10(34) in the hand of the payee-High Court

administrator March 27, 2018 High Courts, Income Tax
Deemed dividends not exempted u/s 10(34) in the hand of the payee since there is no payment of additional tax under Section 115(O)-High Court ABCAUS Case Law Citation: ABCAUS 2263 (2018) (03) HC The appellant assessee had challeneged the order of the ITAT holding that assessee was liable …

Reassessment upheld for non disclosure of Interest income set off against interest on loans

administrator March 27, 2018 High Courts, Income Tax
Reassessment upheld for non disclosure of Interest income set off against interest on loans and advances when production was not commenced ABCAUS Case Law Citation: ABCAUS 2262 (2018) (03) HC The appellant Revenue was aggrieved by the order of the first appellate authority and the Income Tax Appellate …

CBEC Clarification on issues related to GST on Job Work-Circular No.38/12/2018 dated 26th March 2018

administrator March 27, 2018 GST
CBEC Clarification on issues related to GST on Job Work. Procedures for sending goods and compliance requirements for principal & job worker Clarification on issues related to Job Work- CBEC has issued Circular No.38/12/2018 dated 26th March, 2018 clarifying issues related to Job Work As per the circular, the …

350 rupee coin to commemorate 350th Birth Anniversary of Guru Gobind Singh Ji

administrator March 26, 2018 Finance Ministry
Central Government  to issue coin of three hundred fifty rupees denomination to commemorate the occasion of 350th Birth Anniversary of Shri Guru Gobind Singh Ji . Accordingly, the Ministry of Finance has notified the Coinage (Issue of Commemorative coin on the occasion of 350th Birth Anniversary of Shri …

Income Tax Offices and ASK Centres open on 29th 30th and 31st March 2018

administrator March 26, 2018 Income Tax
Income Tax Offices open on 29th 30th and 31st March 2018. ASK Centres also open to facilitate filing of returns by the taxpayers F. No. 225/270/2017-ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the 26th March, 2018 Order under …

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