TDS credit for wrong PAN mentioned in TDS return by employer- ITAT directs Assessing Officer (AO) to give credit of TDS to the assessee after verification ABCAUS Case Law Citation:ABCAUS 2782 (2019) (02) ITAT The sole issue involved in the instant appeal was that the CIT(A) had not …

Prevention of Money-laundering Maintenance of Records Amendment Rules 2019. List of documents to be submit to the reporting entity MINISTRY OF FINANCE(Department of Revenue) NOTIFICATION New Delhi, the 13th February, 2019 G.S.R. 108(E).—In exercise of the powers conferred by sub-section (1), read with clauses (i), (j), (jj), (jjj) and …

Assistant Director, Income Tax (Investigation) sentenced to five years Rigorous Imprisonment with a fine of Rs. one lakh in a bribery case. The Special Judge, CBI Cases, Dhanbad (Jharkhand) has sentenced Sh. Swarn Singh, then Assistant Director, Income Tax (Investigation), Dhanbad to undergo five years Rigorous Imprisonment with …

Corpus donation with specific purpose of purchase of lands for furtherance of the objects not income u/s 2(24)(iia) as they were capital receipts for specific purpose – ITAT ABCAUS Case Law Citation: ABCAUS 2781 (2019) (02) ITAT Important Case Laws Cited/relied upon by the parties ITO Vs. Vokkaligara …

CBDT forms committees on litigation management. Committees shall examine suggestions/issues on litigation management including International Good practices CBDT in order to minimise and effectively resolve tax litigation has formed two committees. The decision was taken in the discussion held during the judicial conference held on 01.01.2019  Suggestions and …

ICAI elects New Torchbearers for the year 2019-20 The Institute of Chartered Accountants of India (ICAI) is a statutory body established under the Chartered Accountants Act, 1949 for the regulation of the profession of Chartered Accountancy in India. ICAI is celebrating 70th year of its meaningful existence with …