Income Tax Offices open on 29th 30th and 31st March 2018. ASK Centres also open to facilitate filing of returns by the taxpayers F. No. 225/270/2017-ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the 26th March, 2018 Order under …
Explanation can not be rejected applying prudent mans behaviour test. High Court deletes addition made for cash deposits applying Principle of preponderance of probability ABCAUS Case Law Citation: ABCAUS 2261 (2018) (03) HC The appellant assessee had challenged the order of the ITAT in confirming the addition under …
Financle e-learning kit for bank audits-ICAI ties up with Infosys The Institute of Chartered Accountants of India (ICAI) is aiming in setting up a benchmark for the statutory audit of the Banks for the year 2017-18 by utilising the Finacle expertise of Infosys, which have committed to provide a …
Supreme Court explains the doctrine of mutuality. Receipts of non-occupancy charges, transfer charges, common amenity fund charges received by cooperative societies, from its members exempt from tax ABCAUS Case Law Citation: ABCAUS 2260 (2018) (03) SC The question of law that arose for consideration of the Hon’ble Supreme …
After enactment of GST, administrative Charges on Molasses can not be levied under the provision of the U.P. Sheera Niyantran Adhiniyam 1964-Allahabad High Court stays the demand. ABCAUS Case Law Citation: ABCAUS 2259 (2018) (03) HC In a recent judgment the Allahabad High Court has stayed the Administrative …
Be sensitive to the demands and the dignity the honest tax payer, the tax payer is your partner, not your adversary-President tells IRS Trainee Officers The Hon’ble President of India was talking to the 71st batch of trainee IRS offficers. The full text of his speech is as …