Objectionable Condition No. 1- On receipt of audit report, department may call the auditor for seeking any clarification or ask them to complete audit, if it is found that particular area has not been examined properly.
India has the hoary history of civilization, culture and religions. Hinduism constitutes the religion of the majority population of this country though other religions are given the due importance. Hindus constitute about 80.5% of India’s population.This religion has a cosmopolitan outlook respecting the ideologies of other religious groups as evidence by the co-existence of people following their own faiths.
CIRCULAR NO. 19 of 2015-16 Dated 17/08/2015 I, Vijay Kumar, Commissioner, Value Added Tax, do hereby extend the last date of filing of online/hard copy of first quarter return for the year 2015-16, in Form DVAT-16 ,DVAT-17 and DVAT-48 along with required annexure/enclosures to 25/08/2015.
B Bala Narasimha Reddy Vs PR.CIT (AP High Court)- In the present case impugned order is bereft of any reasons and further the same has not dealt with the contentions raised by the petitioner in his application filed under Section 220(2A) of the Act
Punjab & Haryana High Court held in Manpreet Kaur vs CIT that if the assesse had claimed exemption u/s 54 for utilizing the sales proceeds in the construction of the residential house then the onus to prove that the sales proceeds had actually been used in the construction of residential house in on assesse.
Notification No. 71/2015 – Income Tax In exercise of the powers conferred by section 32 and section 32AD of the Income-tax Act. 1961 (43 of 1961), the Central Government hereby notifies the following districts of the State of Bihar as backward areas under the first proviso to clause (iia) of sub-section (1) of section 32 and sub-section (1) of section 32AD, namely :-
Notification No. 70/2015 – Income Tax 126. Computation of period of stay in India in certain cases. – (1). For the purposes of clause (1) of section 6, in case of an individual, being a citizen of India and a member of the crew of a ship, the period or periods of stay in India shall, in respect of an eligible voyage, not include the period computed in accordance with sub-rule (2).
Notification No. 69/2015 – Income Tax Dated- 17th August, 2015Amendment in Notification No. S.O. 359, dated 30-3-1988 Principal Directors General), Principal Chief Commissioners, Directors General of Income-tax (Investigation), Chief Commissioners of Income-tax (Central), Director General of Income-tax (I and CI) and Chief Commissioner of Income-tax (Exemptions) shall be subordinate to the Central Board of Direct Taxes;
Notification No. 41/2015-Customs (ADD)Whereas, in the matter of ‘Diketopyrrolo Pyrrole Pigment Red 254 (DPP Red 254)’ (hereinafter referred to as the subject goods), falling under heading 3204 or 3206 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act), originating in, or exported from the People’s Republic of China
No.F.7(400)/Policy/VAT/2011/PF/565-79 Dated: 17/8/2015 collection of tax, interest, penalty or any other amount due under the Act or Central Sales Tax Act, 1956 from the dealers registered or liable to be registered under the Act, casual traders, contractees (TAN holders) and any other person in e-payment mode only,