CA floated 90 companies for fake accommodation entries. However Reopening u/s 147 held bad as merely based on Investigation Wing Report which is without application of mind. ABCAUS Case Law Citation: 1015 (2016) (09) ITAT Brief Facts of the Case: A search operation u/s 132 of the Income-tax …
Recording two separate reasons for reopening u/s 147 148 bad as it itself shows non-application of mind and assumption of wrong jurisdiction – ITAT ABCAUS Case Law Citation: 1014 (2016) (09) ITAT Brief Facts of the Case: In the instant case, the assessee was aggrieved by the order …
No TDS liability us 194C for back to back contract in JV. Joint venture and its constituent members had no contractor or sub-contractor relationship -ITAT ABCAUS Case Law Citation: 1013 (2016) (09) ITAT Brief Facts of the Case: The assessee was an AOP which was forme as a joint …
Commissioner can allow fresh deduction claim u/s 264 under revision petition without requirement of filing of revised income tax return – Kerala High Court ABCAUS Case Law Citation: 1012 (2016) (09) HC Important Judgments Cited: Parekh Brothers v. Commissioner of Income Tax Goetze (India} Ltd. v. Commissioner of Income Tax …
Companies Mediation and Conciliation Rules 2016. CA CS CMA eligible for appointment as mediator/conciliator in the panel of experts under section 442 MCA has notified the Companies (Mediation and Conciliation) Rules, 2016. Under Section 442 of the Companies Act, 2013, the Central Government is authorised to maintain a panel …
IEPF Form Filing-Relaxation of additional fees. For Form 1-INV falling between 25-03-2016 to 06-09-2016, Form IEPF1 can be filed up to 03-10-2016-MCA Notification General Circular No. 10/2016 No. 05/05/2016-IEPF Government of India Ministry of Corporate Affairs 5th Floor, ‘A” Wing, Shastri Bhawan, Dr. R. P. Road New Delhi, …
