CBDT Guidelines for representation of cases before CIT(A) and  formation of “Regional Talent Pool” and “National Talent Pool” The CBDT has issued an Instruction to all Pr. Chief Commissioners of Income Tax  emphasizing that the income tax cases should be properly defended before the CIT(Appeals), as the department will have …

Revised Excel Auto Salary TDS Certificate Form 16 for AY 2019-20 Download Under Section 203 of Income tax Act, 1961, Every employer whether in Government sector or in private sector, is required to issue in form 16, a certificate for tax deducted at source  (TDS) from salary. The …

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 …