Unauthorized expansion of the scope of limited scrutiny-CBDT puts AOs violating instructions under suspension

Unauthorized expansion of the scope of limited scrutiny-CBDT puts AOs violating its instructions under suspension and advises all to comply with instructions F.No. DGIT(Vig.)/HQ/Sl/2017-18 Government of India Ministry of finance Department of Revenue Central Board of Direct Taxes New  Delhi-11 0001 Dated:    30th November, 2017 Subject: Unauthorized expansion of …

Transfer of capital from proprietorship to partnership was not reconstruction u/s 10AA – High Court

Transfer of capital from proprietorship to partnership was not reconstruction u/s 10AA, dis entitling the assessee firm the benefit of exemption-High Court    ABCAUS Case Law Citation: ABCAUS 2136 (2017) (11) HC The Revenue has filed two appeals assailing the judgment and order of the Tribunal whereby tribunal had dismissed …