The Supreme Court recalls its judgment delivered on 28-07-2013 delivered by a three judge Bench which had quashed the National Eligibility Entrance Test as unconstitutional. The judgment was alleged as leaked even before it was pronounced and had created a lot of controversies. A 5-judge Bench headed by Justice Anil …
CPC(TDS) Advisory for Deposit of Tax deducted and Demand for TDS Defaults with respect to Purchase of Immovable Property (26QB Statement-cum-challan) The Centralized Processing Cell (TDS) provides important tips, for the convenience of Taxpayers, who have executed any transaction for Purchase of Immovable Property exceeding Rs. 50 Lakhs …
SEBI officers discuss agenda for future in the Annual Brainstorming Session The fifth edition of the SEBI Brainstorming session was held on April 6-8, 2016 at Khopoli (Lonavala). The event was attended by more than 100 senior SEBI officers including its entire top management i.e., Executive Directors, Whole …
Indirect Taxes Committee (ITC) of Institute of Chartered Accountants of India (ICAI) had brought a publication titled as “Central Excise Law and Procedure for Jewellery Industry” with a view of familiarizing the its members and the industry with the various provisions of excise law and procedures pertaining to the …
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 11th April, 2016 Sub: Signing of Agreements with respect to Taxes between India and Maldives reg-. The Government of the Republic of India and the Government of the Republic of …
In a latest judgment, ITAT Chandigarh has held that notice u/s 148 of the Income Tax Act, 1961 served upon by affixture at a wrong address and consequent re-assessment made under section 147/148 cannot be held to be valid. Case Details: I T A No s . 335 & 336/ CHD/2015 Assessment …