Sponsored
    Follow Us:

Immunity under Section 270AA of Income-tax Act, 1961- CBDT Clarifies

August 16, 2018 11028 Views 0 comment Print

Section 270AA of the Income-tax Act, 1961 (the Act) inter alia provides that w.e.f. 1 st April, 2017, the Assessing Officer, on an application made by an assessee, may grant immunity from imposition of penalty under section 270A (not being penalty for misreporting) and initiation of proceedings under section 276C or section 276CC, subject to the conditions specified therein.

Income Tax Survey Information cannot be denied under RTI without communicating reasons for such rejection

August 16, 2018 1278 Views 0 comment Print

On being queried, if there existed any specific provision regarding non-disclosure of survey related information to the concerned Assessee, he cited the provision of the Finance Bill, 2017.

Vacancy for CAs having experience in Indirect Tax at Bangalore

August 16, 2018 8325 Views 0 comment Print

A leading Consultancy firm from Mumbai have Vacancy for Chartered Accountants (For the Post of Managers) with 1 to 5 Year experience in Indirect Tax i.e. Service Tax, Excise and VAT and should also be Conversant with upcoming GST laws.

E-book mechanism for issuance of securities on private placement basis

August 16, 2018 3858 Views 0 comment Print

2. With a view to further rationalise and ease the process of issuance of securities on EBP platform and in consultation with the market participants, it has been decided to provide for the following additional facilities:

Empanelment of Concurrent Auditors with Oriental Bank of Commerce

August 16, 2018 46452 Views 16 comments Print

Application for Empanelment of Concurrent Auditors with Oriental Bank of Commerce for Corporate Account based in Ludhiana Public Notice Oriental Bank of Commerce Circle Office, Ludhiana 3rd d Floor, 2439/1-2, Dhanraj Complex, Near PAU Gate No. 1 Ferozepur Road, Ludhiana-141001 Appointment of Concurrent Auditor for Corporate Account based in Ludhiana Application are Invited for appointment […]

This Independence Day, let’s start contributing to Indian Security forces actively

August 16, 2018 9471 Views 6 comments Print

Deduction under Section 80G: Every taxpayer can make contribution/donation to specific funds in order to claim deduction from his Gross Total Income to reduce the tax liability. Contributions made to certain relief funds and charitable institutions can be claimed as a deduction under Section 80G of the Income Tax Act.

ICAI Election 2018: Draft List of Voters / Proposed Polling Booths

August 15, 2018 17523 Views 1 comment Print

The members whose professional addresses are falling within the cities/towns shown in the List of proposed Polling Booths would be eligible to vote by poll at the polling centre shown in the List.

Governance of Insolvency Professional Agencies and Information Utilities

August 15, 2018 1560 Views 0 comment Print

The IPAs have responsibility to develop and regulate the profession of IPs. They carry out quasi-legislative, executive and quasi-judicial functions. While they are public utilities and front-line regulators, they must compete with one another in terms of service rendered by their members acting as IPs.

Expense cannot be disallowed merely for not having direct bearing on earning

August 15, 2018 1458 Views 0 comment Print

Loesche India case: it is not necessary that all the payments/expenditure incurred by the assessee should have direct bearing on earning of income, but some payments are also made under certain business expediency

Revised guidelines for companies to facilitate claimant’s refund by IEPF Authority

August 15, 2018 2205 Views 0 comment Print

MCA Vide its Notification No. 07/05/2017-IEPFA, dated July 19, 2018 has revised and updated the guidelines for the company to facilitate refund of claims by IEPF Authority in light of resubmission option provided in e-form IEPF-5.

Sponsored
Sponsored
Search Post by Date
August 2024
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031