Extension of due date of 31st July for filing ITR for AY 2017-18 to 5th August, 2017 CBDT Order u/s 119  The CBDT has extended the due date of 31st July, 2017 to 5th August, 2017 The extension was first declared through Income Tax Department Twitter handle and …

ITR-Tax Audit Due Date Extension for Last 20 Years from AY 2003-04 to AY 2025-26 ITR / Tax Audit Due Date Extension CBDT orders for Last 20 Years from AY 2003-04 to AY 2025-26. Due Dates of Filing Income Tax Returns and Tax Audit Report: Under section 44AB …

RBI imposes monetary penalty of Rs 20 million on Union Bank of India for non-compliance with KYC norms for certain accounts related to fraud in a bank Reserve Bank of India Date : Jul 31, 2017 Reserve Bank of India imposes monetary penalty on Union Bank of India The …

Revised guidelines for stay of demand at first appeal stage. Minimum deposit amount for grant of stay increased to 20% of the disputed amount from existing 15% F. No. 404/72/93-ITCC (FTS:284146) Government of India Ministry of Finance Department  of Revenue Central Board ofDirect Taxes New Delhi,  31st July, …

Filing Income tax return without linking Aadhaar to PAN allowed but linking to be done before 31st August, 2017. However, ITRs shall not be processed until linkage.  Filing Income tax return without linking Aadhaar to PAN Allowed With the extension of the due date of 31st July 2017 …

If accounts are audited AO has to explain the rejection of profit with sufficient clarity. When there are audited accounts of an entity and the calculation of the GP ratios hinges upon their analysis, the AO should not lightly undertake an exercise that would amount to negating those …