Clarification by the Central Vigilance Commission (CVC) regarding media reports stating crash of hard disc of CVC portal and loss of data stored online Media reports stating data stored online about corrupt officials was lost or deleted is totally misleading and incorrect . The Central Vigilance Commission has noticed …
Advance for purchasing capital assets not deemed divided u/s 2(22)(e). It was a trade advance in the normal course of business – ITAT ABCAUS Case Law Citation: ABCAUS 1180 (2017) (03) ITAT The Grievance: The appellant assessee company was aggrieved by the addition made by the Assessing Officer …
CIT-A not to reject new claims made first time on the ground that it was not raised before AO. Litigants can also forget vital issues while filing appeal – ITAT ABCAUS Case Law Citation: ABCAUS 1179 (2017) (03) ITAT Assessment Year : 2009-10 Date/Month of Pronouncement: March, 2017 …
Its reform not disruption. this is the mind of 21st Century people, rear Disrupter are 1.25 Billion Indians-Text of PM address at India Today Conclave Text of PM’s address (through video conference), at the India Today Conclave सबसे पहले आप सभी को इस आयोजन के लिए बहुत-बहुत बधाई-शुभकामनाएं। …
Mistake in Tax audit report-taxes can not be collected without authority of law. It is bounden duty of authorities to consider submission on merits – ITAT In a recent judgment, ITAT Mumbai while seeting aside the issue of additions based on erroneous tax audit report held that taxes …
Income Tax Department has published list of 29 tax defaulters in leading newspapers Income Tax Department has published a list of 29 tax defaulters in leading newspapers with advice to pay the tax and arrears immediately. However it is to be noted that in all the 29 cases …
