TDS in cases of minors whose both parents have become dead. Banks not to club interest income in the hand of grandparents. CBDT  F.No. DGIT(S)/CPC(TDS)/NOTIFICATION/2017-18 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax (Systems) New Delhi. Notification No. 5/2017 New Delhi, 29 …

TDS Deduction Requirement for entities whose income is exempt us 10 unconditionally and who are also statutorily not required  to file return u/s 139  F. No. 385/01/2015-IT(B) Government of India Ministry of Finance Department of Revenue Central Board of Direct taxes North Block, New Delhi 29th may, 2017 …

RBI Scholarship Scheme for Faculty Members of Academic Institution teaching economics or finance to undertake short term research Reserve Bank of India Date : Apr 18, 2017 Scholarship Scheme for Faculty Members from Academic Institution he Reserve Bank of India invites application as per prescribed format from full-time …

Age of Chairperson ViceChairperson Members of Tribunal Appellate Tribunal other Authorities – Amendment to section 184 of Finance Act 2017 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 29th May, 2017 S.O. 1702(E).–Whereas, the Finance Act, 2017 (7 of 2017) (hereinafter referred to as the said …

New Twitter Handle to invite GST related queries launched Ministry of Finance Press Release Ministry of Finance, Government of India launches a new Twitter Handle @askGST_GoI to invite queries from all taxpayers and other stakeholders on GST. The Department of Revenue, Ministry of Finance, Government of India has …

Non-disclosure of bank account due to over-sight-Concealment penalty u/s 271(1)(c) upheld as no credible explanation given for omission & source of deposits – ITAT ABCAUS Case Law Citation: ABCAUS 1268 (2017) (05) ITAT Assessment Year: 2009-10 Date/Month of Judgment/Order: May, 2017 Brief facts of the case: The assessee …