No concealment penalty-non disclosure of disallowance 40(a)(ia) in computation of income as the issue is debatable due to High Court decisions ABCAUS Case Law Citation: ABCAUS 1076 (2016) (12) ITAT Assessment Year: 2008-09 Date of Judgment: 01-12-2016 Brief Facts of the Case: During the scrutiny proceedings of the …

Organizing tax payer educational workshops in FY 2017-18 regarding online e-filing, TDS credit mismatch, rectification, grievances  redressal etc. by Income Tax Department. Addl. DIRECTOR GENERAL OF INCOME TAX (Tax Payer Services)-II, Ministry of Finance, Govt. of India E-2, ARA Centre, Jhadewalan Ext.,New Delhi-110055 Phone  No.  011-23519117,  Fax No.  011-23593268 …

BRICS Heads of Revenue and expert meeting on Tax Matters Mumbai. Communiqué of Meeting Issued on 06-12-2016 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 06 December, 2016 PRESS RELEASE Sub : Meeting of the BRICS Heads of Revenue and …

SC stays order to place security guards at all ATMs 24×7. The Gauhati High Court in suo motu PIL had issued directions for preventing ATM frauds. The Apex Court yesterday stayed the order of the Gauhati High Court directing all banks to deploy security guards at all ATMs 24×7 round …

No excise duty on branded gold-silver coins of 99.5 and 99.9% purity when manufactured from gold/silver on which duty has been paid-Notification  GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 36/2016 – Central Excise New Delhi, the 1st December, 2016 G.S.R. (E). – In exercise …

Exemption us 10(19A) apply to whole palace including let out part and not confined only to portion in actual occupation of Ruler-Supreme Court ABCAUS Case Law Citation: ABCAUS 1075 (2016) (12) SC Assessment Year: 1978-79  Important Case Laws cited: Maharawal Laxman Singh vs. C.I.T. C.I.T. vs. H.H. Maharao …