Draft Assessment order u/s 144C with demand and penalty notice is illegal as it partakes the character of final assessment order – ITAT ABCAUS Case Law Citation: ABCAUS 3013 (2019) (06) ITAT Important Case Laws Cited/relied upon by the parties: Pr. CIT Vs. Lionbridge Technologies Pvt. Ltd. International …
Exemption u/s 54B available even if part of land is in cultivation, there is no requirement that entire land should be in cultivation for claiming benefit. Merely because of admission to disallowance, assessee can not be denied the benefit to which he is eligible ABCAUS Case Law Citation: …
CBDT revises Guidelines for Compounding of Offences under Direct Tax Laws, 2019 Section 279(2) of the Income Tax Act, 1961 (the Act) provides that any offence under Chapter XXII of the Act may, either, before or after the institution of proceedings, be compounded by the Pr. CCIT/CCIT/Pr. DGIT/DGIT. …
Presumptive Tax u/s 44ADA-reduce tax rate, increase threshold says ICAI in its Pre-Budget Memorandum-2019 on Direct Taxes and International Tax to the Government The Finance Act, 2016 has inserted a new section 44ADA which provide for special provision for computing profits and gains of profession on presumptive basis. …
SEBI issues guidelines for Enhanced Disclosures by Credit Rating Agencies. Cumulative Default Rates, Probability of Default benchmarks CIRCULAR SEBI/ HO/ MIRSD/ DOS3/CIR/P/2019/70 June 13, 2019 ToAll Credit Rating Agencies (CRAs) registered with SEBIAll Debenture Trustees(DTs) registered with SEBI Dear Sir/ Madam, Sub: Guidelines for Enhanced Disclosures by Credit …
GSTR-9 filing due date for FY 2017-18 if extended to 10.07.2019 or not? Query raised to UP Commercial Tax Department Yesterday the Amurjala had reported that the date has been extended. Since no official communication at the end of the U.P. Commercial Tax Department was available in this …
