Merely a judgment rendered can not be a basis / ground for reopening an assessment u/s 147 unless assessee fails to disclose material facts truly & fully ABCAUS Case Law Citation:ABCAUS 3108 (2019) (08) ITAT Important case law relied upon by the parties:CIT vs. M/s. Ansal Housing Finance …

Clarification regarding applicability of All Industry Rates of duty drawback while fixing Brand Rate of duty drawback in post GST era Circular No. 24/2019-Customs F. No. 609/39/2019-DBKGovernment of IndiaMinistry of Finance, Department of RevenueCentral Board of Indirect Taxes & Customs New Delhi, dated 8th August, 2019 To,Principal Chief …

CBDT issues Clarification/FAQs on filling ITR forms for the Assessment Year 2019-20 The Income-tax return (ITR) forms for the Assessment Year (AY) 2019-20 were notified vide notification bearing G.S.R. 279(E). dated the 1st day April, 2019. Subsequently, the instructions for filing ITR forms were issued and the software …

Monetary limits for filing of Income Tax appeals before ITAT, High Court and Supreme Court increased further by CBDT. Read Circular Circular No. 17/2019 F. No. 279/Misc. 142/2007-ITJ(Pt.)Government of India Ministry of Finance Department of Revenue Central Board Direct Taxes Judicial Section New Delhi, 8th August  2019 Subject: …

No disallowance for cash payments u/s 40A(3) if genuineness of transactions and identity of the payee is established. ITAT deleted addition ABCAUS Case Law Citation:ABCAUS 3107 (2019) (08) ITAT Important case law relied upon by the parties:Girdharilal Soni vs. CIT reported in 179 ITR 111 (Cal).Attar Singh Gurmukh …

Allahabad Bank Concurrent / Revenue Audit for the Year 2019-20 Last date 14th August, 2019 Allahabad Bank invites applications as per prescribed format from practicing firms of Chartered Accountants firms/Retired Officials of Allahabad Bank who are willing for empanelment as Concurrent / RevenueAuditor in the Bank. The panel …