Penalty u/s 271(1)(c) upheld despite notice without striking off the not applicable charge as in penalty order AO specified the applicable limb ABACUS Case Law CitationABCAUS 3359 (2020) (08) ITAT Important case law relied upon by the parties:Shweta Construction Company Pvt. Ltd. vs. ITO,B. D. Mundra & Sons, …
Education cess & Secondary and Higher Education Cess are allowable deduction while computing income chargeable under the head of profits and gains of business or profession ABACUS Case Law CitationABCAUS 3358 (2020) (08) ITAT Important case law relied upon by the parties:Sesa Goa Ltd. vs. JCIT 117 taxmann.com …
Mutual Agreement Procedure (MAP) Guidance notes released by CBDT Mutual Agreement Procedure (MAP) The Double Taxation Avoidance Agreements (DTAAs or Tax Treaties) provide rules and mechanisms for allocation of taxing rights amongst the treaty partners; avoidance of economic and juridical double taxation; and resolution of taxation not in …
CBDT transfers 13 officers in the grade of CCIT/DGIT. Additional charge given to 17 Officers CBDT has made 13 transfer/postings in the grade of Chief Commissioner of Income Tax/Director General of Income Tax. Also, additional charge of CCIT / DGIT has been given to 17 officers. Download CBDT …
Promotion and Transfer Postings in the grade of PrCCIT / Pr. DGIT – CBDT Order F. No. A-22011/3/2020-Ad-VIGovernment of India Ministry of FinanceDepartment of RevenueCentral Board of Direct Taxes North Block , New Delhi -110 00lDated : 07.08.2020 Office Order No . 143 of 2020 On promotion, the transfer/postings …
Three Insolvency Professionals offered by interim resolution professional must be from the State/UT which has highest number of creditors. IBBI (Insolvency Resolution Process for Corporate Persons) (4th Amendment) Regulations, 2020. The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution …
