Procedure-Import of gold-silver-platinum by Nominated Agencies Circular No. 27/2016-Customs F. No 484/31/2016 – LC Govt. of India Ministry of Finance Dept. of Revenue Central Board of Excise & Customs ******** New Delhi, dated 10th June 2016 To, All Principal Chief Commissioners Customs, All Principal Chief Commissioners of Customs …
Payments to franchisees held liable to TDS us 194C not 194J. The modus operandi for collection of the fees as well as of the revenue sharing cannot determine whether the amount remitted by the assessee to the franchisee is subject to tax deduction at source u/s 194J. This was upheld by …
CA providing fake accommodation entries banned/removed from practice for life by PH High Court on reference by ICAI holding him guilty of misconduct. Case Law Details: Civil Reference No. 5 of 2012 (O&M) Institute of Chartered Accountants of India (Petitioner) v. Vivek Kapoor and others (Respondents) Date of …
STCG-LTCG of NBFC held as capital gains not business income based on broad principles as laid down by various judicial pronouncements ITAT observed that in deciding whether a transaction of sale of shares is business income or investment income taxable as short term or long term capital gain, the …
Annual Conference of CBDT-CBEC senior tax administrators 2016 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 12th June, 2016. Press Release Sub: “राजस्व ज्ञानसंगम – Annual Conference of CBDT-CBEC senior tax administrators.The two Revenue Boards first time holding the conference …
Reopening assessment us 147/148 for verification of details illegal The Assessing Officer merely sought to reopen the assessment for verification of the details, which is not contemplated under section 147 of the Act. This was held by ITAT in a recent judgment. ABCAUS Case Law Citation: 939 2016 …
