Procedure for using functionality of Compliance Check for Section 206AB & 206CCA for non filers of ITRs Recently CBDT vide Circular No. 11/2021 dated 21.06.2021 issued Compliance Check Functionality for Section 206AB & 206CCA of Income-tax Act 1961. Section 206AB and 206CCA, effective from 1st …
Gold Metal Loans-Banks to provide option to borrower to repay part of GML in physical gold in lots of one kg or more AS per RBI directions nominated banks are authorized to import gold and designated banks participating in Gold Monetization Scheme, 2015 (GMS) can extend Gold (Metal) …
Finance Minister asks Infosys to solve problems faced in e-filing portal without further loss of time Right from the launch of new income tax efiling portal, on 7th June 2021 it has succumbed to technical glitches and users/taxpayers are finding it very difficult to ensure the due compliances …
CIT exemption cannot sit in appeal against affiliation granted to asseesee by Education Board. Permission examined by board can not be a subject matter of fresh examination by the CIT exemption. ABCAUS Case Law CitationABCAUS 3512 (2021) (06) ITAT In the instant case, the assessee had challenged the …
Non-specific penalty notice u/s 271(1)(c) issued by assessing officer violates mandatory requirement of law and doctrine of prejudice cannot be invoked ABCAUS Case Law CitationABCAUS 3511 (2021) (06) ITAT Important case law relied referred:Mohd. Farhan A. ShaikhRajesh Kumar v. CIT State of Orissa v. Dr. Binapani Dei Dilip …
BSE Administration & Supervision Limited granted recognition as Investment Adviser Administration and Supervisory Body under SEBI (Investment Advisers) Regulations 2013 SECURITIES & EXCHANGE BOARD OF INDIA CIRCULAR SEBI/HO/IMD/IMD-I/DOF1/P/CIR/2021/579 June 18, 2021 ToAll Investment AdvisersInvestment Adviser Administration and Supervisory Body Dear Sir / Madam, Subject: Framework for administration and …