Conversion of shares as stock-in-trade into investment-no prohibition in law. Res-judicata no bar in like questions in subsequent years-Kolkata High Court ABCAUS Case Law Citation: ABCAUS 1205 (2017) (04) HC The Grievance: The assessee was aggrieved by order passed by the Income Tax Appellate Tribunal (‘ITAT’) The Substantial …
Revisionary order quashed as wrong allowance caused no prejudice to the interest of the Revenue and the twin conditions u/s 263 not satisfied-ITAT ABCAUS Case Law Citation: ABCAUS 1204 (2017) (04) ITAT The Grievance: The Appellant was aggrieved by the order passed by the Commissioner of Income Tax …
Revised Form 10DA for claiming new workmen wages deduction under section 80JJAA As per the amended section 80JJAA of the Income Tax Act, 1961 w.e.f 01-04-2017, where the gross total income of an assessee who is liable for tax audit u/s 44AB having business income, a deduction of …
Appeal delay condonation-oversight due to election duty. CIT(A) did not find facts false, appellant did not stand to gain by filing belated appeal- ITAT ABCAUS Case Law Citation: ABCAUS 1203 (2017) (04) ITAT The Ground of Appeal: The Appellant was aggrieved by the order passed by the CIT(A) …
Withdrawals from Provident Fund by subscribers-Revised Rules No 3/2/2017-P&PW (F)(ii) Ministry of Personnel, PG & Pensions Department of Pension & Pensioners’ Welfare Desk-F 3rd Floor, Lok Nayak Bhavan, Khan Market, New Delhi-110003 Dated: the 7th March, 2017 OFFICE MEMORANDUM Subject: Amendment to the provisions of General Provident Fund …
Checklist relating to government business for internal-concurrent audit – RBI Reserve Bank of India Systems and Controls for conduct of government banking RBI/2016-17/271 DGBA.GAD.No.2646/31.02.007/2016-17 April 7, 2017 All Agency Banks Dear Sir/Madam, Checklist-Internal-concurrent audit of Government businessSystems and Controls for conduct of government banking Please refer to our …
