Income Tax Department is happy to announce the facility of Direct Login from Corporation Bank, Union Bank of India and Oriental Bank of Commerce – Net banking account to the taxpayer’s E-filing Account. Other banks are expected to follow.
As you may be aware that the depositors submit form 15G/H to the bank for no deduction of tax to be made on the interest payments made to them. However , it has been observed in your case that you have not raised Flag ‘B'(No deduction on account of 15G/H) even against a single transaction […]
The grievance which is voiced in the present petition by the assessee is that though deductor employer Amar Remedies Limited had deducted TDS for total Rs.5,86,606/ and for which Form 16 A has been issued by it, department has not given credit of the said TDS to the petitioner assessee
Import of Service The Import of Service means that the Service which is being provided by a Service Provider who is located in Non-Taxable territory and the service recipient is located in taxable territory. In such circumstances, the Service Receiver is liable to pay service tax as per Sr. No. 10 of Notification 30/2012-ST dated […]
ORDER NO. 127 OF 2014 The president is pleased to appoint the following officers of India Revenue Service (Income Tax) to the grade of Joint Commissioner of Income Tax purely on Ad-hoc basis in the P8-3 Rs. 15,600-39,100 with GP Rs.7,6001- with effect from assumption of charge for a period not exceeding one year.
In his maiden Union Budget, Finance Minister Arun Jaitley announced a number of positive measures for the real estate sector, be it easing the foreign direct investment (FDI) norms, clarity on taxation of real estate investment trusts (REIT) and boosting urban as well as rural housing.
The result of the Chartered Accountants Intermediate (IPC) Examination held in May/June, 2014 are likely to be declared on Thursday, the 21st August, 2014 around 4.00 P.M. and the same as well as the merit list (candidates securing a minimum of 55% and above marks and upto the maximum of 50th Rank on all India basis will be available on the following website:
1. (1) These rules may be called the Companies (Meetings of Board and its Powers) Second Amendment Rules, 2014.
In exercise of the powers conferred by clause (a) of sub-section (15) of section 144C of the Income-tax Act, 1961(43 of 1961) read with Income-tax (Dispute Resolution Panel) Rules, 2009 as amended from time to time and in supersession of earlier Orders constituting Dispute Resolution Panels at Mumbai and Pune, the Central Board of Direct Taxes hereby constitutes the Dispute Resolution Panels at Mumbai and Pune comprising of three Commissioners of Income-tax as Members of the said Panels with a Reserve Member in each Panel in accordance with Rule 3(3) of the Income-tax (Dispute Resolution Panel) Rules, 2009 as under:
Section 151 of the Companies Act,2013 and Rule 7 of the Companies (Appointment and Qualification of Directors) Rules,2014 deals with the appointment of director elected by small shareholder.
