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Abcaus

CIT revisional order 263

Set off of expenses against surrendered income held erroneous and prejudicial to the interest of revenue

administrator December 11, 2018 Income Tax, ITAT
Set off of expenses against surrendered income held erroneous and prejudicial to the interest of the revenue as assessee failed to demonstrate that income surrendered had a business link. ABCAUS Case Law Citation: ABCAUS 2664 (2018) (12) ITAT Important Case Laws Cited/relied upon: M/s. Makson Distributors, Vs. The …
income tax

CBDT reiterates that appeals against adverse judgments should be filed on merits only

administrator December 11, 2018 Income Tax
CBDT reiterates that appeals against adverse judgments should only be filed on merits even on issues mentioned in para 10 of Circular No. 3 of 2018 F. No .  279/Misc/M-93/2018-ITJ Government of India Ministry of Finance Department of Revenue Central Board Direct Taxes Judicial Section New Delhi,  11th …
strike off

Public notice for striking off names of 147 Limited Liability Partnerships by West Bengal ROC

administrator December 11, 2018 Companies Act
Public notice for striking off names of 147 Limited Liability Partnerships by West Bengal ROC u/s 75 of Limited Liability Partnership Act, 2008. Government of India Ministry of Corporate Affairs Office of Registrar of Companies, West Bengal Nizam Palace, 2nd M. S. 0. Building, 2nd Floor 234/4, Acharya …
supreme court judgment abcaus

Interest u/s 234B on failure to pay advance tax for tax payable u/s 115JB – Supreme Court admits appeal

administrator December 11, 2018 Income Tax, Supreme Court
Interest u/s 234B on failure to deposit the advance tax in respect of tax payable u/s 115JB of Income Tax Act – Supreme Court admits the question in appeal ABCAUS Case Law Citation: ABCAUS 2663 (2018) (12) SC The Revenue had filed a Civil Appeal on the questions …
Revision 263 abcaus

No revision u/s 263 without pointing out how assessment order is erroneous – ITAT

administrator December 11, 2018 Income Tax, ITAT
No revision u/s 263 without pointing out how assessment order is erroneous. Order quashed as CIT did not mention whether assessee’s contentions were acceptable or not. ABCAUS Case Law Citation: ABCAUS 2662 (2018) (12) ITAT Important Case Laws Cited/relied upon: Narayan Tatu Rane vs. ITO reported in (2016) …
finance ministry

Govt. suspends registration of 156 NGOs under FCRA 2010 for non integration of Bank accounts with PFMS

administrator December 10, 2018 FCRA
Government suspends registration of 156 NGOs under FCRA 2010 for a period of 180 days for non integration of their Bank accounts with PFMS No.II/21 022/58(951 )/PFMS/20 17/FCRA(MU) Government of India Ministry of Home Affairs Foreigners Division ORDER Major Dhyan Chand National Stadium, Outer India Gate, New Delhi-110001 …

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