Households perceptions on employment have turned pessimistic. RBI releases results of forward looking Surveys. Consumer Confidence Survey (CCS) – June 2017 Consumer Confidence Survey by RBI The June 2017 round of the Consumer Confidence Survey (CCS) conducted by the Reserve Bank of India in six metropolitan cities – Bengaluru; …
Reopening notice us 148 against amalgamated company was void ab initio as on that day the company was not in existence. Even if Department was not aware of that fact, will not make any difference to the legal position – High Court ABCAUS Case Law Citation: ABCAUS 2013 …
Recovery of undisclosed income post demonitization Press Information Bureau Government of India Ministry of Finance 01-August-2017 17:47 IST Recovery of undisclosed income post demonitization With a view to curbing financing of terrorism through the proceeds of Fake Indian Currency Notes (FICN) and use of such funds for subversive …
Increase in number of Income Tax payers after demonetisation Press Information Bureau Government of India Ministry of Finance 01-August-2017 17:45 IST Increase in number of Income Tax payers after demonetisation The number of income tax payers has increased after demonetization. During the period of 09.11.2016 to 31.03.2017, 1.96 …
Duplicate and Fake PANs identified and deleted or de-activated by the Government. 11,44,211 PANs identified as duplicate and 1,566 PANs identified as Fake Press Information Bureau Government of India Ministry of Finance 01-August-2017 17:46 IST Mandating Aadhaar linkage to PAN cards Permanent Account Number (PAN) is the key …
Section 68 not attracted to amount representing credit purchases. Findings of ITAT upheld by High Court ABCAUS Case Law Citation: ABCAUS 2012 (2017) (08) HC The respondent assessee was a Government Contractor in the business of road construction. His return of income was selected for scrutiny and …
