After lapse of 10 years second impugned notice dated 30th October, 2017 was issued to the Petitioner asking him to appear for hearing. The Petitioner filed an application dated 9th November, 2017 before the authority expressing its inability to collect documents after such a long lapse of time.
ITO Vs Sk. Sahanewaj Ali (ITAT Kolkata) CBDT had modified Circular No. 3 of 2018 dt. 11/07/2018. Further, the CBDT in its circular F. No. 279/Misc./M-93/2018-ITJ, dt. 20/08/2019, has clarified that the revised monetary limits, so mentioned in Circular No. 17/2019 is applicable to all pending appeals. As per these circulars all the revenue appeals […]
Sole issue for determination is ‘whether amendment made by Finance Act, 2014 to Section 40(a)(ia) is to be applied retrospectively or not’.
Explore consequences of default in TDS payment – Interest, Assessee in Default, Penalty, Imprisonment, Compounding. Expert insights on Income Tax provisions, consequences, and ways to navigate TDS defaults. Source: Income Tax Act, India, TDS Payment, Legal Consequences.
Under section 18(f) of IBC Code, Mr. S. Muthuraju being IRP of the CD from 14.06.2017 to 20.09.2017 was required to take control and custody of any asset over which the CD has ownership rights, as recorded in the balance sheet of the CD.
Securities and Exchange Board of India PR No.8/2023 New Logo of SEBI unveiled on the occasion of SEBI Foundation Day Securities Market regulator, SEBI has a new logo from today. The new logo was unveiled at a function held at SEBI Head Office, Mumbai on the occasion of SEBI Foundation Day in the presence of […]
RBI decided to permit AD Category-II entities to allow online submission of Form A2. AD Category-II entities shall frame appropriate guidelines with the approval of their Board within the ambit of extant statutory and regulatory framwework.
When dealing with minor additions and alterations in respect of a particular apartment, plot or building, it is mandated that notwithstanding anything contained in any law, contract or agreement, once the plans are disclosed to an allottee who has agreed to take an apartment, plot or building, the promoter is not permitted to make even minor changes or alterations other than those which are excluded, without the previous consent of the allottee to whom such an apartment, plot or building has been allotted.
Explore key exemptions and deductions from salary under the Income Tax Act, 1961. Understand benefits like standard deduction, HRA, LTA, and more. Expert insights for tax planning. Source: Indian Income Tax Rules, Tax Exemptions, Financial Year 2023-24.
ITC Limited Vs Commissioner of Central Excise (CESTAT Chennai) Whether the IDSC/ICNC debit note raised by Bhadrachalam Unit have to be considered as a component of cost of raw materials of the appellant and Whether the unabsorbed overheads due to idle capacity have to be included in the cost of production? n the case of […]
