FAQ on Revised Schedule VI to the Companies Act 1956 withdrawn by ICAI In view of issuance of Schedule III to the Companies Act, 2013 CL&CGC/ 20/ 2017-2018  25th April, 2017 Announcement Sub: Regarding withdrawal of Frequently Asked Questions on the Revised Schedule VI to the Companies Act, …

Letting out  buildings/developed space with other amenities in Industrial Park SEZ to be treated as business income  Circular N o. 16/2017 F.No. 279/Misc./140/2015/ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 25th April, 2017 SUBJECT: Lease  rent  from  letting out …

Income Tax Rule 17CB Method of valuation of accreted income of the trust/institution for additional tax u/s 115TD(2)  Chapter XII-EB of the Income tax Act, 1961 (‘the Act’) contains Special provisions relating to tax on accreted income of trusts or institutions registered under section 12AA of the Act. …

Interest on personal loan taken for business purpose allowed as business expenditure. The assessee could very well attribute the interest free funds for personal purpose. ABCAUS Case Law Citation: ABCAUS 1223 (2017) (04) ITAT The Grievance: The appellant assessee was aggrieved by the order passed by the Commissioner …

Secretive commission payment not allowable us 37(1). It was in the nature of bribe to procure business which is prohibited under explanation to Section 37(1) ABCAUS Case Law Citation: ABCAUS 1221 (2017) (04) ITAT The Grievance: The appellant assessee was aggrieved by the order passed by the Commissioner …

Annual General Transfer List in the grade of JCIT-Addl CIT of Income Tax. Request Cases 36 Relaxation Cases 73 Mandatory Transfer 27 F.No. A-22013/1/2017-Ad -VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block. New Delhi-110 001. Date: 24.04.2017. Order No. …