Notification No. 87/2014-Income Tax In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961) the Central Government hereby notifies for the purposes of the said clause, the ‘Karnataka Computerisation of Police Society’, a body constituted by the Government of Karnataka, in respect of the following specified income arising to that Society
Notification No. 86/2014-Income Tax In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961) the Central Government hereby notifies for the purposes of the said clause, the ‘Tamil Nadu Pollution Control Board’, a body constituted by the Government of Tamil Nadu, in respect of the specified income arising to the said Board
Notification No. 85/2014-Income Tax In exercise of the powers conferred by clause (46) of Section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, “Kerala State Electricity Regulatory Commission, a Commission constituted by the Government of Kerala in respect of the following specified income arising to that Commission
Notification No. 84/2014-Income Tax In exercise of the powers conferred by clause (46) of Section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, the ‘North East Centre for Technology Application and Reach’, a body constituted by the Central Government, in respect of the following specified income arising to the said Commission
List of CAs issuing more than 400 TAR; 18.87% CAs issued more than 45 Tax Audit Report- CAG Control on number of tax audit assignment In order to maintain the quality of tax audit to be conducted by CAs, ICAI issued Guidelines15 for the Members under the provisions of the Chartered Accounts Act, 1949. It […]
Chapter II: Appreciation of Accountants’ certifications 2.1 Introduction Certain assessees7 are required to get their accounts audited by a CA under Section 44AB of the Income Tax Act, 1961 (Act) and submit the report in the Forms prescribed in Rule 6G of the Income Tax Rules, 1962 (Rules). The CAs (also tax auditor) furnish the […]
Aghast and upset with the trend, the Delhi and Bombay High Courts and CBDT have decided to take the Income Tax bull by its horns! In order to meet the end of justice and regain the faith and credence among the tax payers CBDT and many High Court has passed strictures and recovered cost.
Bombay High Court was annoyed for filing appeal in a matter covered by a binding precedent of the Apex Court. The Court sought an explanation from the counsel for the Income Tax Department why appeal u/s 260A of the Income Tax Act has been filed by him when there was an authoritative
State Bank of India Audit Department, Local Head Office, Lucknow – 226001 Empanelment of Concurrent Auditors for Branches/Offices/CPCs situated in the districts of Uttar Pradesh falling under Bank’s Lucknow Circle Start Date : 16-DEC-2014, Close Date : 31-DEC-2014 Applications are invited from Chartered Accountants Firms (situated in the districts of Uttar Pradesh falling under Bank’s […]
We are afraid that if the Revenue persists with such stand and as has been turned down repeatedly, that would defeat the very object and purpose of the schemes and packages devised by the States. That would also result in frustrating the entrepreneurs and defeating the purpose
