Trade advances are not deemed dividend u/s 2(22)(e) as they do not fall within the ambit of the word ‘advance’ – CBDT Circular Circular No. 19/2017 F.No. 279/Misc./140/2015/ITJGovernment of IndiaMinistry of FinanceCentral Board of Direct Taxes New Delhi, Dated 12th June, 2017 Sub: Settled View on section 2(22)(e) …
Difficulty in Linking new mobile number to aadhaar-UIDAI advisory for expeditious updating of mobile number To resolve the issue of difficulty being faced by few taxpayers in getting their new mobile number linked to aadhaar, UIDAI has prepared an advisory for expeditious updating of mobile number Aadhaar enrolment and …
Time Limit for assessment-When ITAT simply restored matter to AO for fresh adjudication without any finding or direction, section 153(2A) was applicable and the order was subject to time limitation prescribed. Time Limit for assessment completion u/s 153 ABCAUS Case Law Citation: ABCAUS 1276 (2017) (06) ITAT The …
Non PAN holder can furnish Form 60 electronically under EVC or in paper form as required for entering into specified transactions under Rule 114B. CBDT MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 51/2017 New Delhi, the 9th June, 2017 G.S.R. 569(E).—In exercise …
Permitted ALP variation in wholesale trading-others us 92C in international-specified domestic transaction for AY 2017-18 2018-19 MINISTRY OF FINANCE (Department of Revenue) Notification No. 50/2017 New Delhi, the 9th June, 2017 S.O. 1866(E).—In exercise of the powers conferred by the third proviso to sub-section (2) of section 92C …
Aadhaar Number must for filing Income Tax Return from 01-07-2017-CBDT clarifies that only partial relief is given by Supreme Court for PAN invalidation. Ministry of Finance Press Release dated: 10th June, 2017 Following are the major highlights of the Hon’ble Supreme Court of India’s Judgement on Aadhar PAN …
