Smt. B. Radha & Ors. Vs. DCIT (ITAT Hyderabad) The impugned issue to be considered is whether the reopening of assessment on the basis of so-called statement of Shri Ramalinga Raju (Satyam Computers) is warranted. As seen from the additions made, there is no live-link with the reasons recorded and the additions made. In fact, […]
We all need to file ITR to fulfil our statutory need. Many of us has experienced that in spite of taking the help of an expert you find it hand and time consuming to file ITR. Even after that you come to know about mistakes in ITR when you receive a notice from the department. Here we will guide you how to file your ITR without the help of any expert or software by using the utility available on website of Income tax department.
There shall be levied and collected in accordance with the provisions of this Chapter, a cess to be called the Krishi Kalyan Cess, as service tax on all or any of the taxable services @ 0.5% on the Value of such services for the purposes of financing and promoting initiatives to improve agriculture or for any other purpose relating thereto.
11/5/2016 – OECD countries agreed today to invite Latvia to become a member of the Organisation – a move that would extend OECD’s membership to 35 countries. OECD Secretary-General, Angel Gurría Said: “We are very pleased to welcome Latvia as a member of the OECD. This development reaffirms our Organisation’s commitment to bring together countries who […]
DSLSA approached the office of Controller General of Patents, Designs & Trade Marks Registry, Government of India to undertake a Pilot Project for amicable settlement of Opposition/ Rectification matters at the Trade Mark Registry, Delhi through its trained Advocates/ Mediators;
CBI has caught a Tax Assistant red handed while demanding & accepting a bribe of Rs.7,000/- from the complainant. A case was registered against the Tax Assistant, Income Tax Office, Kashipur (Uttrakhand) on the allegations of demanding a bribe of Rs.7,000/- from the complainant in lieu of refund of TDS. Searches were conducted at the premises of the accused.
Applications are invited from the CA/CA Firms desirous of being empanelled as Auditors in the Department of Trade & Taxes, Govt. of NCT of Delhi for conducting Special Audit of dealers u/s 58-A of the DVAT Act, 2004. The criteria for selection of CA/CA Firms for preparation of panel of Accountants for conducting Special Audit of dealers u/s 58-A of the DVAT Act,2004 is as given below:-
The Union Cabinet yesterday approved the National Intellectual Property Rights (IPR) Policy that will lay the future roadmap for intellectual property in India. The Policy recognises the abundance of creative and innovative energies that flow in India, and the need to tap into and channelise these energies towards a better and brighter future for all.
In this article we have discussed who can be registered as Liquidator for income tax e-Filing, Pre-requisites to register as Liquidator, Steps involved in Liquidator Registration, Approval Process of Liquidator and Liquidator Functionalities on e-Filing website.
In this case assessee sold a property at Rs.20 lakhs against circle rate of 89 lakhs and spent more than a crore in construction of new residential property, exemption u/s 54F was claimed but the AO allowed exemption only with reference to 20 lakhs and balance amount was assessed as capital gain.
