Affixture of income tax notice-essential conditions, procedure and law explained by ITAT. Unless notice is served on proper person in manner prescribed, service is insufficient and invalidates the jurisdiction of AO ABCAUS Case Law Citation:ABCAUS 3128 (2019) (08) ITAT Important case law relied upon by the parties:Vankat Naicken …

RBI approves surplus reserve fund transfer of Rs. 1.76 crore to Government of India RESERVE BANK OF INDIA Date : Aug 26, 2019 PRESS RELEASE RBI Central Board accepts Bimal Jalan Committee recommendations and approves surplus transfer to the Government The Central Board of the Reserve Bank of India …

Revision 263 merely for difference in income as per P&L Account & TDS statement quashed as assessment order was not erroneous & prejudicial to Revenue ABCAUS Case Law Citation:ABCAUS 3127 (2019) (08) ITAT Important case law relied upon by the parties:Malabar Industrial Co. Ltd-vs-CIT (2000) 243 ITR 83 …

Due date for furnishing GST Annual Return GSTR-9, 9A & Reconciliation Statement GSTR-9C extended to 30.11.2019 Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and Customs Order No. 7/2019-Central Tax New Delhi, the 26th August, 2019 S.O.(E).––WHEREAS, sub-section (1) of section 44 of the Central …

CBDT transferred 35 officers in the grade of Joint Commissioner /Additional Commissioner of Income Tax CBDT has made transfer/postings (Local changes) of 35 officers in the grade of Joint Commissioner /Additional Commissioner  of Income Tax with immediate effect. Out of 35 transfers, 32 are from / to Delhi …

Synthesized text of India-Japan income tax treaty as affected by Convention to Implement Measures to Prevent to Prevent Base Erosion & Profit Shifting (MLI) Japan’s Ministry of Finance has released publication of Synthesized Text of Convention to Implement Measures to Prevent to Prevent Base Erosion and Profit Shifting …