ITAT Mumbai held In the case of M/s. National Pharmaceuticals vs. ITO that there is no straight jacket formula can be applied to check sufficient reasons for late filing of appeal. It will depend on the facts and circumstances of the particular case.
ITAT Delhi held In the case of M/s SRK Education & Research Charitable Trust vs. CIT that it is clear in this case that the CIT refused to grant the trust registration because there was no dissolution clause in the trust deed and also the assessee had not done any charitable activity.
ITAT Mumbai held In the case of The ACIT vs. M/s Sandeep Shrivastava that AO is not authorized to make any addition merely on account of presumption. In this case because the assessee is Share holder and Director of the company, which sold the property
ITAT Lucknow held In the case of M/s Clara Swain Hospital vs. ITO that no capital gain liability can be imposed on the assessee where he does not own the asset and more ever he has not received any payment for such transfer.
a. The financial results for the quarters ending December 2015 and March 2016 and year ending March 2016 may be filed under IFRS by such listed entities, as per the dates specified in the Listing Regulations. b. The relaxation granted is without any prejudice to the requirements of the Companies Act, 2013 w.r.t. the reporting of Financial Statements.
Corporate Identity Number (CIN) :- Each Indian company (Listed or Unlisted) has a unique 21 Digit CIN (Corporate Identity Number). This is required to be quoted on all forms. Once this number is filled, company details are automatically filled in E-F
The Prime Minister, Shri Narendra Modi, launched three gold related schemes at a function here today. The schemes are – Gold Monetization Scheme, Sovereign Gold Bond Scheme, and India Gold Coins.
CBI REGISTERS A CASE AGAINST THEN CHIEF COMMISSIONER OF INCOME TAX & OTHERS FOR POSSESSION OF ALLEGED HUGE ASSETS AND CONDUCTS SEARCHES AT EIGHT LOCATIONS The Central Bureau of Investigation has registered a case against then Chief Commissioner of Income Tax, Jodhpur & others U/s 109 of IPC and 13 (2) r/w 13 (1) (e) […]
One and a quarter per cent of the amount of such tax, for the month or for part thereof for the first month of delay and one and a half percent of the amount of such tax, for each month or for part thereof for delay beyond one month up to three months.
ITAT Amritsar held In the case of M/s. Pardeep Singh Wazir vs. The DCIT that Circular no. 1/2009, dated 27th March, 2009 issued by CBDT is effective from 01/04/2009 i.e. for the assessment year 2009-10 onwards.
