GST Practitioners postponed to 17.12.2018 on account of Assembly Elections in some states. Examination was scheduled on 7.12.2018 Examination for Confirmation of Enrollment of GST Practitioners Postponed to 17.12.2018  The GST Practitioners Examination was scheduled to be held on 07.12.2018. However, as per Press Release of the Finance …

Service charge taken from customers by hotels / restaurants to be taxed and added to their income if not passed to staff or under-non reported. CBDT advisory on treatment of service charge taken from customers by the hotels/ restaurants under the Income-tax Act. In 2017, the Ministry of Consumer Affairs …

Disallowance u/s 14A can not exceed exempt income – Supreme Court dismisses SLP of the Department against the judgment of Delhi High Court ABCAUS Case Law Citation: ABCAUS 2639 (2018) (11) SC Important Case Laws Cited/relied upon: Commissioner of Income Tax v. Joint Investment Pvt. Ltd. 372 ITR …

Selling cost not part of cost of construction or WIP as per ICAI guidance note on accounting for real estate. ITAT delete addition made to Work in Progress ABCAUS Case Law Citation: ABCAUS 2638 (2018) (11) ITAT The appeal was preferred by the Revenue against the order of …

Concealment penalty for not offering LFC/LTC reimbursement to tax under bonafide belief that it was exempt as the employer did not deduct tax at source, deleted ABCAUS Case Law Citation: ABCAUS 2637 (2018) (11) ITAT The appeal was preferred by the assessee against the order of the Commissioner …

M/s Charutar Arogya Mandal, Gujarat approved u/s 35 (1) (ii) of Income-tax Act, 1961 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 31st October, 2018 S.O. 5759(E).—It is hereby notified for general information that the organization M/s Charutar Arogya Mandal, Gujarat (PAN:- AAATC1264G) has …