Abcaus

IDS 2016 Clarification-electronic communication of Form-2 and eligibility where search, seizure conducted on or after 01-06-2016. CBDT Instruction 11/2016

administrator October 13, 2016 Income Tax

IDS 2016 Clarification Instruction No. 11 of 2016 F.No.142/8/2016-TPL(Part) Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) *** New Delhi, the 13th October, 2016 To, All Principal Chief Commissioners of Income-tax Sub.: The Income Declaration Scheme, 2016 – reg. Representations have been …

Applicability of TDS us 194-I to lump sum lease premium paid for acquisition of long term lease. CBDT Circular No. 35/2016

administrator October 13, 2016 Income Tax

Applicability of TDS us 194-I to lump sum lease premium paid for acquisition of long term lease Circular No. 35 /2016 F. No. 275/29/2015-IT(B) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi 13th October, 2016 Subject: Applicability of …

Income Tax Department vindictively disallowed agricultural income claim of Jayalalithaa. Sasikala also gets similar relief from ITAT

administrator October 13, 2016 Income Tax, ITAT, Judgments

Income Tax Department vindictively disallowed agricultural income claim of Jayalalithaa. Sasikala also gets relief from ITAT ABCAUS Case Law Citation: 1033 (2016) (10) ITAT Brief Facts of the Case(s): In both the cases, among other thing, the claim of agricultural income was disallowed by the Assessing Officer (AO) …

No income concealment us 271(1(c) on gift under explanation 5A. NSC declared us 153A was received as inheriting, gift from father, grandfather-ITAT

administrator October 11, 2016 Income Tax, ITAT, Judgments

No income concealment us 271(1(c) on gift under explanation 5A. NSC declared us 153A was received as inheriting, gift from father, grandfather-ITAT ABCAUS Case Law Citation: 1032 (2016) (10) ITAT Important case law cited: Sheraton Apparels Vs. ACIT (2002) 256 ITR 20 Brief Facts of the Case: The …

Contribution to Pension Fund on salary exceeding 15000 per month. Option to be exercised by employee and employer jointly – EPFO

administrator October 11, 2016 EPFO

Contribution to Pension Fund on salary exceeding 15000 per month. Option to be exercised by employee and employer jointly – EPFO EMPLOYEES’ PROVIDENT FUND ORGANISATION Letter No. Pension-1/12/33/EPS Amendment/96/18592 …

Foreign Trade Data Dashboard with Enhanced feature launched. It gives a graphical collection of exports imports and balance of trade of India

administrator October 10, 2016 Government

Foreign Trade Data Dashboard with Enhanced feature launched. New Dashboard gives a graphical collection of exports imports and balance of trade of India Ministry of Commerce & Industry Press release dated 10/10/2016 Launch of Enhanced Foreign Trade Data Dashboard As part of the initiative of the Ministry of …