Only AO holding charge over an assessee for assessment purposes could issue reassessment notice u/s 148 – ITAT ABCAUS Case Law Citation ABCAUS 3587 (2022) (03) ITAT Important case law relied referred:Lt. Col. Paramjeet Singh vs. CIT (1996) 220 ITR 446Attar Singh & Ors. In the instant case, …
Credit Guarantee Scheme for Subordinate Debt for Stressed SMEs NPA loan accounts extended till 31.03.2022 Government had announced creation of ‘Distressed Assets Fund- – Subordinate Debt for Stressed MSMEs’ on 13th May, 2020, under the Aatma Nirbhar Bharat Package. A scheme viz. ‘Credit Guarantee Scheme for Subordinate Debt’ was …
Chartered Accountant/ CA Firms s permitted to register on GeM Portal for rendering professional services ICAI has issued clarification on Chartered Accountants in Practice/Firms of Chartered Accountants registering themselves on GeM (Government e- marketplace) Portal As the members are aware, Government of India has mandated procurement of goods …
CBDT approves Sri Shankara Cancer Foundation for weighted deduction of expenditure on scientific research CBDT has approved ‘Sri Shankara Cancer Foundation, Bangalore (PAN: AAHTS5593F)’ under the category of ‘University, College or other institution’ for deduction of expenditure on scientific research for the purposes of clause (ii) of sub-section …
Deduction of annual mixed used charge not allowable from house property income u/s 23(1) of the Income Tax Act 1961 – ITAT ABCAUS Case Law CitationABCAUS 3586 (2022) (03) ITAT In the instant case, the assessee had challenged the order passed by the CIT(A) in upholding the disallowance …
Empanelment as Special Audit u/s 142(2A) of CA Firms for Financial Year 2022-23 & 2023-24 by PCCIT U.P. (East) Lucknow. Last Date 16.03.2022 Income Tax Department, Lucknow has invited application (EOI) from chartered accountant firms for empanelment for the Financial Year 2022-23 and 2023-24 for allotment of Special …
