Admitted pending petitions not become non-existent or nullity by filing fresh writ. The Idea of filing fresh petition to get earlier admitted writs petitions heard rejected by High Court ABCAUS Case Law Citation: ABCAUS 1074 (2016) (12) HC Important Case Laws cited: B. Srinivasa Reddy Vs. Karnataka Urban …
Payment to Government Suppliers through e-Payment only. All payments above Rs 5,000 to suppliers, contractors ,etc. to be paid through payment advices-Finance Ministry F. No. 3(2)(1)/2016/R&P Rules/ Amendment /649 Ministry of Finance Department of Expenditure OIo Controller General of Accounts Mahalekha Niyantrak Bhawan, GPO Complex, E-Block , INA …
Verification of High Value Suspicious IDS 2016 Declarations by Abdul Razzaque with declaration Rs. 2 lakh crores suspicious in nature-Press Release Ministry of Finance 04-December, 2016 Verification of High Value Suspicious Declarations made under the IDS 2016 An Income Declaration Scheme (IDS) was announced in the Union Budget …
Penalty initiated for concealment levied for inaccurate particulars and concealment both is invalid. AO must frame a precise charge u/s 271(1)(c)-ITAT ABCAUS Case Law Citation: ABCAUS 1073 (2016) (12) ITAT Assessment Year: 2009-10 Date of Judgment: 29-11-2016 Important Case Laws cited: Zoom Communications P Ltd 327 ITR 510 …
GUIDANCE NOTE ON FATCA and CRS updated 30-11-2016 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Foreign Tax & Tax Research Division Guidance Note on Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) updated as on 30th November 2016 Purpose of …
Misuse of Jan-Dhan Accounts post demonetisation. Among rumors of freezing of JDY accounts, CBDT wanrns such account holders not to consent to deposit of undisclosed money in their accounts Ministry of Finance 04-December, 2016 Tax Investigations unearth mis-use of Jan-Dhan Accounts; Account holders once again urged by CBDT not to …
