Section 50C not apply to sale of right in property-ITAT deleted addition as what was sold was right in property not land or building ABCAUS Case Law Citation: ABCAUS 2398 (2018) 07 ITAT The appellant assessee had challeneged the order passed by the CIT(A) in upholding the addition …
Review of mechanism of dividend adjustment for stock options-SEBI CIRCULAR CIR/MRD/DoP-1/P/00108/2018 July 5, 2018 To All Stock Exchanges Dear Sir/Madam, Sub: Review of Adjustment of corporate actions for Stock Options. 1. SEBI, vide Circular No. SMDRP/DC/CIR-8/01 dated June 21, 2001, prescribed a framework for adjustment of corporate actions …
Section 54F deduction for construction of additional floor in existing building allowed by ITAT as it was an independent dwelling unit with separate kitchen and electric connection ABCAUS Case Law Citation: ABCAUS 2397 (2018) 07 ITAT The appellant assessee had challeneged the order passed by the CIT(A) in upholding …
High Pitched Scrutiny Assessment-concerned AO to be transferred and no coercive action for recovery in cases identified by the Local Committee-CBDT Chairman Functioning of Local Committee to deal with tax payers’ grievances arising from High-Pitched Scrutiny Assessments In 2015, the CBDT had issued Guidelines for constitution of Local …
IBBI amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 Insolvency and Bankruptcy Board of India PRESS RELEASE 4th July, 2018 The Insolvency and Bankruptcy Board of India (IBBI) has notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process …
More than Rs 70000 crore of refunds issued in dedicated fortnight and more than 20000 matters disposed – CBDT Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 4th July, 2018 PRESS RELEASE Special drive for expeditious clearance of pending appeal …
