Article contains Tutorial for PAO on Registration and Login on TRAQCES portal, How to retrieve Password if you forget the same on TRACES Portal, How to view Dashboard & Profile, PAO – Statement Status for a TAN and View AIN – TAN Mapping. A. E -Tutorial PAO Registration and Login PAO Registration –Step 1 PAO […]...
F.No. 285/08/2014-IT(Inv.V)/147 -
14/06/2019
Compounding of offences is not a matter of right. However, offences may be compounded by the Competent Authority on satisfaction of the eligibility conditions prescribed in these Guidelines keeping in view factors such as conduct of the person, the nature and magnitude of the offence in the context of the facts and circumstances of each c...
Startup India is a flagship initiative of the Government of India, intended to build a strong ecosystem that is conducive for the growth of startup businesses, to drive sustainable economic growth and generate large scale employment opportunities....
The Real Estate (Regulation and Development), Act, (RERA) came into effect from May 1, 2017 and recently marked its 2nd anniversary. 2 years after the RERA was enacted, the implementation of the legislation intended to bring about transparency and regulate the highly unorganized real estate sector still remains a work in progress. The R...
Recently many of the newspaper circulating in Surat city have published a news in which they claimed that a person namely 'Manish Pachhigar', who was arrested with Asst. Charity Commissioner, Surat in alleged bribery case of Rs. 75000/- is a Chartered Accountant. While as a Matter of fact 'Manish Pachhigar' is not a Chartered Accountant...
JCIT Vs Flipkart India Pvt. Ltd. (ITAT Bangalore) -
AO was not justified in holding that losses incurred by assessee due to selling goods at less than cost price to e-commerce operators was to create marketing intangibles assets and therefore the loss to the extent it was created due to predatory pricing should be regarded as capital expenditure incurred by assessee and should be disallo...
Langar Committee Hanuman Mandir Vs Income Tax Officer (ITAT Amritsar) -
Exemption under section 11 in respect on the surplus reflected by assessees accounts was denied by AO because assessee was not registered under section 12AA, however, the matter was remanded back to AO to verify as to whether expenditure were actually incurred for the purposes of the running the institution or organizing its activities ...
Chapter XVIII chapter deals with Removal of Names of Companies from Register of Companies, which is alternative to winding up of a Company ...
Narain Jewels International Ltd. Vs DCIT (ITAT Delhi) -
Since the stock sold was very old, it was not strange to sell them at reduced rate and AO had no authority to compel assessee as to at which rate, assessee had to make sale of its goods, hence, deduction of trading loss on sale of stock was allowable....
Sri Sahasra Lingeshwara Mahakali Devasthana Vs CIT (E) (ITAT Bangalore) -
As CIT(E) rejected assessee’s application for registration ex-parte under section 12AA without affording reasonable opportunity of being heard to assessee in terms of section 12AA(1)(b)(ii), therefore, the matter was restored back to the file of the CIT (Exemptions) for fresh examination and adjudication....