Latest 11 FAQ-IDS 2016 Circular No.25 of 2016 F.No.142/8/2016-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) Dated 30th of June, 2016 Clarifications on the Income Declaration Scheme, 2016 The Income Declaration Scheme, 2016 (hereinafter referred to as ‘the Scheme’) …
FAQ on deemed cost of Property, Plant and Equipment under Ind AS 101, First-time Adoption of Indian Accounting Standards* Issue: Ind AS 101 provides that the net carrying amounts of all of its Property, Plant and Equipment as per previous GAAP can be used as deemed cost on the …
Pre-2005 Banknotes Exchange from 01072016 at RBI Select Offices-Cities. Reserve Bank of India Exchange of Pre-2005 Banknotes at Select Offices of RBI from July 01, 2016 Date : Jun 30, 2016 The Reserve Bank of India has observed that a major portion of the pre-2005 banknotes have been …
Limitation us 275 imposing penalty starts from the date of initiation by the Assessing Officer though it is imposable by Additional/Joint Commissioner of Income-tax but there is no bar on the initiation of penalty proceedings by the ITO. Proceedings us 272A(2)(k), 271C held time barred by ITAT ABCAUS …
Assessment u/s 153A based on pre-search enquiries and not on incriminating material unearthed during search seizure operation u/s 132 invalid – ITAT ABCAUS Case Law Citation:960 2016 (06) ITATDate/Month of Order/Judgment – June, 2016Assessment Year: 2006-07 & 2007-08 Important Judgments Cited/Relied upon: CIT vs. Kabul Chawla – 380 ITR …
No. 25/1/2016-NCLT Government of India National Company Law Tribunal, 6th Floor. Block -3, CGO Complex Lodhi Road, New Delhi-110003 Dated 29th June, 2016 ORDER Consequent to the notification no. S.O. 1935 (E) dated 1.6.2016 issued by the Central Government, Ministry of Company Affairs following criteria has been laid …
