BIFR Sick Companies Reliefs Claims wrongly allowed. CBDT asks Officials to immediately examine assessment record and take appropriate remedial action. Most Urgent Government of India Directorate Of Income-Tax (Recovery) 6th Floor, Mayur Bhawan, Connaught Circus, New Delhi- 110001 Ph. No. 011-23411993, Fax No. 011-23413218 Email: dit.recovery.delhi@incometaxindia.gov.in F. …
CBDT signs four more unilateral APAs Central Board of Direct Taxes (CBDT) signs four more unilateral Advance Pricing Agreements (APAs) The Central Board of Direct Taxes (CBDT),Department of Revenue, Ministry of Finance has entered into four more unilateral Advance Pricing Agreements (APAs) yesterday. The four APAs signed pertain …
Penalty 271J on CAs. Those afraid of the sword of Damocles should not aspire to be Dionysius. What impression are we offering in opposing – CA Ashutosh Lohani Budget 2017-18 proposes a penalty upon professionals for furnishing incorrect information in statutory report or certificate. The text of the …
Fake-duplicate LPG accounts identified under PAHAL amounting 3.56 Cr ore. 1.05 Cr LPG consumers have voluntarily Given Up their LPG subsidy Ministry of Petroleum & Natural Gas Press Release Dated: 6th feb, 2016 3.56 Cr fake/duplicate accounts identified for 2015-16 under PAHAL 1.05 Cr LPG consumers have voluntarily …
Jurisdictional issue not general ground requiring no adjudication. Whenever jurisdiction of an authority to pass the order is questioned then the foundational fact questioned is to be first decided-ITAT ABCAUS Case Law Citation: ABCAUS 1118 (2017) (02) ITAT Assessment Year : 2009-10 Date/Month of Judgment/Order: February, 2017 Brief …
NBFCs registration certificate cancelled by RBI. As per order nine Non-Banking Financial Companies cannot transact the business as per RBI Act Reserve Bank of India Press Release Date : Feb 06, 2017 The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following non-banking …