No concealment penalty based on circumstantial evidence of bogus purchases where the income was estimated on the basis of circumstances brought on record ABCAUS Case Law Citation: ABCAUS 2575 (2018) (10) ITAT Important Case Laws Cited/relied upon by the parties: CIT Vs. Gujarat Ambuja Export Ltd. Sanjay Oilcake …
Prohibition of Benami Property Transactions (Removal of Difficulties) Order 2018. Reference to Initiating Officer, representation by other parties MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) ORDER New Delhi, the 9th October, 2018 INCOME-TAX S.O.5194 (E).—Whereas, sub-section (1) of section 48 of the Prohibition of Benami Property Transactions Act,1988 (45 …
Release of convicts prosecuted under Income Tax Act on probation- Special Judge dismiss Revenue’s appeal delay condonation application for casual approach ABCAUS Case Law Citation: ABCAUS 2574 (2018) (10) AC Important Case Laws Cited/relied upon by the parties: Mohd. Hasim Vs State of UP State of Nagaland Vs.Lipok …
Applicability of Customs provisions to Cruise Ship/Tourism. escorting ship, obligations of domestic / international passengers, self-assessment of cruise vessels etc. Instruction No. 15/2018-Customs F.No. 450/214/2015-Cus IV Government of India Ministry of Finance Department of Revenue (Central Board of Indirect Taxes& Custom) Room No. 229 A, North Block New Delhi, …
Allahabad High Court issues notice to CBDT on levy of interest u/s 234A despite due date extension A Division Bench of Hon’ble Allahabad High Court in a PIL filed by Lucknow CA Tax Practitioners Association issued notice to CBDT on the issue of levy of interest u/s 234A …
High Court directs payment to Kerala Chief Minister’s Distress Relief Fund for restoration of the appeals and consideration on merits by Tribunal ABCAUS Case Law Citation: ABCAUS 2573 (2018) (10) HC Many High Courts have issued directions to Petitioners to deposit sums to Kerala Chief Minister’s Distress Relief …