CBDT further defers clause 30C and clause 44 related to GAAR & GST compliance in Tax Audit Report Form 3CD till 31.03.2020 In 2018 also the CBDT vide Circular No. 6/2018 had deferred till 31.03.2019, the clauses related to GAAR & GST compliance in Revised Form 3CD 31.03.2019 …
Mere transporting goods to customers not enough to claim higher depreciation unless assessee is in business of transportation or running trucks on hire ABCAUS Case Law Citation: ABCAUS 2925 (2019) (05) ITAT The appeal was filed by the Department (the Revenue) against the order of the Commissioner of …
Disallowance u/s 37 for penalty/demurrage for late delivery of goods not for any offence prohibited by law but merely normal business expenditure – ITAT ABCAUS Case Law Citation: ABCAUS 2924 (2019) (05) ITAT Important Case Laws Cited/relied upon by the parties Mahalakshmi Sugar Mills Co. Ltd. vs. CIT …
Non furnishing reasons recorded-High court quashed reassessment order admitting writ as an exceptional case for invoking power under Article 226 ABCAUS Case Law Citation: ABCAUS 2923 (2019) (05) HC Important Case Laws Cited/relied upon by the parties Commissioner of Income-tax vs. Trend Electronics 61 taxman.com 308 (Bombay) …
Reassessment order passed without disposing objections bad in law. Dismissal of SLP by Supreme Court without assigning reasons not a declaration of law ABCAUS Case Law Citation: ABCAUS 2922 (2019) (05) ITAT Important Case Laws Cited/relied upon by the parties National Thermal Power Co., Ltd., Vs. CIT …
Additional Charge in the grade of CCIT – CBDT Order F.No. A-22011/4/2019-Ad-VI Government of India Ministry of Finance Department of Revenue(Central Board of Direct Taxes) Office Order No. 111 of 2019 North Block , New Delhi -110001Dated: 13.05.2019 The following officers are hereby ordered to hold the additional …