Further Extension of timeline for completing assessments in Operation Clean Money cases where no return filed in response to notice u/s.142(1) and assessment has to be completed u/s 144 CBDT earlier extended the time-line for completion of assessments u/s 144 of the Act in OCM cases where no …
CBDT FAQs on ITR filing-Shareholding Schedule SH-1, Assets & Liabilities (AL) , Tax at MMR in ITR-5 and Corpus donation in ITR-7 etc. Circular 26/2019 CBDT FAQs on ITR filing Circular No. 26 of 2019 F. No. 370142/1/2019-TPL (Pt.-1)Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct …
Position Limits in Interest Rate Derivatives. Category-wise position limits for 4-8 and 8-11 years bucket Securities & Exchange Board of India CIRCULAR SEBI/HO/MRD/CIR/P/2019/103 September 26, 2019 All Recognized Stock Exchanges All Recognized Clearing Corporations Dear Sir / Madam Position Limits in Interest Rate Derivatives (IRD) SEBI vide circulars …
Even in best judgment assessment, AO is required to look into surrounding circumstances, nature of expenditure claimed by other assessees in similar line of business ABCAUS Case Law Citation:ABCAUS 3156 (2019) (09) ITAT Even best judgment assessment AO required look into surrounding circumstances In the instant case, appeal …
Penalty 271(1)(c) deleted as employee was misguided by employer cooperative bank that interest income was exempt ABCAUS Case Law Citation:ABCAUS 3155 (2019) (09) ITAT Important case law relied upon by the parties:Badshah Parshad Vs. CIT, 127 ITA 601 (Patna)Rave Entertainment P.Ltd. Vs. CIT, 376 ITR 544 (All)Garden Silk …
RBI allows cost accountant’s certificate for claiming agency commission by banks. Earlier only CAs were authorised. Download Revised Formats. Read Notification RBI allows cost accountant’s certificate for claiming agency commission by banks RBI has allowed that agency banks while claiming agency commission may submit the required reconciliation certificate …