AO if not satisfied must compute FMV 56(2)(viia) Rule 115UA himself. Where a method has been prescribed by the legislature, that method alone shall be followed for computation of the fair market value INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES “A” : HYDERABAD ITA.No.871/Hyd/2015 Assessment Year 2011-2012 M/s. Medplus …
Interest on Fixed Deposit given as Bank Guarantee pre-requisite condition to pollution Board is capital receipt as business activities not commenced INCOME TAX APPELLATE TRIBUNAL DELHI BENCH: ‘‘A’ SMC, NEW DELHI I.T.A .No.-6257/DEL/2015 (ASSESSMENT YEAR-2012-13) NV International Pvt. Ltd. (APPELLANT) vs. ITO (RESPONDENT) Date of Order: 08-03-2016 ORDER PER SUCHITRA …
Addition cannot be made on the basis of the statement recorded during survey under section 133A INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “C”, NEW DELHI I.T.A. No. 6509/DEL/2014 A.Y. 2010-11 M/S IIBS INFONET (P) LTD (APPELLANT) vs. ACIT (RESPONDENT) Date of Order: 08/03/2016 ORDER PER H.S. SIDHU : JM This appeal by …
Roll back of 60% taxation of EPF/NPS withdrawal announced The Finance Bill, 2016 (Budget 2016-17) had proposed income tax on 60% of the total corpus of Recognised Provident Funds (including EPF) and NPS at the time of withdrawal. However after severe criticism of the Government, the Finance Minister …
Associations not having official website may intimate details of Foreign Contribution on Ministry’s website F. No. II.21022/23{76)/2015-FCRA-III Government of India Ministry of Home AffairsForeigners Division (FCRA Wing) NDCC-11 Building, Jai Singh Road,New Delhi-110001 Dated. 3rd March 2016 Notice Intimation of Quarterly Receipt of Foreign Contribution Foreign Contribution Regulation …
Service Tax Return Form ST-3 revision/amendments for Swachh Bharat Cess payable and deposited Government of India Ministry of Finance Department of RevenueCentral Board of Excise and Customs New Delhi, the 8th March, 2016 18 Phalguna, 1937Saka Notification No. 20/2016-Service Tax G.S.R….. (E). – In exercise of the powers …
