Evaluation of CA exams answer books – ICAI announces reforms made. Digital & Machine based evaluation, Stepwise marking, online test of examiners etc. In view of the recent news where CA exams answer books were found in possession of unauthorised books, ICAI, for the knowledge of the stakeholders …
Duty drawback permitted on FoB value without deducting foreign bank charges – CBIC Clarification on short realisation of export proceeds due to bank charges Duty drawback permitted on FoB value without deducting foreign bank charges Circular No. 33/2019-Customs F. No. 609/19/2019-DBKGovernment of IndiaMinistry of Finance, Department of RevenueCentral …
TDS payable as at year end is allowable expenditure in cash basis of accounting. it can not be said that the above sum had not been paid by the assessee ABCAUS Case Law Citation:ABCAUS 3152 (2019) (09) ITAT In the instant case, an appeal was filed by the …
Exemption from TDS on cash withdrawals u/s 194N to commission agents/traders of Agriculture Produce Market Committee (APMC) Exemption from TDS on cash withdrawals to commission agents/traders of Agriculture Produce Market Committee MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 70/2019 New Delhi, the 20th September, …
CBDT allows higher depreciation on motor cars, buses, lorries & taxis with retrospective effect in a bid to support slump struck automobile sectors CBDT allows higher depreciation on automobiles with retrospective effect MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 69 /2019 New Delhi, the …
Jurisdiction of PCIT / CIT extended in respect of specified cases/persons in the addition to their existing jurisdiction. MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 71/2019 New Delhi, the 20th September, 2019 (Income-tax) S.O. 3426(E).—In exercise of the powers conferred by sub-section (1) and …
