Reopening for cash deposits for non response to notice u/s 133(6) is illegal where assessment was completed u/s 143(3)/147 and 4 years have lapsed. Soon after the demonetization, the Income Tax Department (‘Department’) had launched a scheme called “operation Clean money” for online verification of cash deposits in …
Revised timelines for completion of due diligence under Rule 114H(8) under alternative procedure of FATCA self-certifications to be provided till 30-04-2017 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 11th April, 2017. Timelines for Closure of financial accounts …
Digitally signed E-PAN card can be submitted as proof of identity to other agencies electronically. CBDT issues PAN and TAN within 1 day to companies. Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 11th April, 2017. CBDT issues …
Government makes compliance of Labour Laws and Rules easy by doing away with overlapping fields and reduce the number of forms. Ministry of Labour & Employment 10-April, 2017 Government makes compliance of Labour Laws and Rules easy Government reduces number of forms and Reports from 36 to 12 …
MCA Public Notice to strike off more than 2 lakhs companies u/s 248(1) for non commencement or carrying on of business. Objection to be filed within 30 days. FORM No. STK – 5 PUBLIC NOTICE ————– Ministry of Corporate Affairs has hosted on its website Public Notice (Form …
Despite more than prescribed Trucks-income computed u/s 44AE at rates prescribed in the section with benefits of salary & partner’s interest-ITAT Order ABCAUS Case Law Citation: ABCAUS 1208 (2017) (04) ITAT The Grievance: In the instant case, both the assessee and the Revenue were in cross-appeals against order …
