E-assessment Scheme, 2019 | CBDT Notification
In its bid to curb corruption by making tax filing and their review faceless, the government has come out with e-assessment scheme, 2019 making it...
CBDT Circulars On Prosecution Of Offenses And Compounding Of Offenses Under Direct Tax Laws
Circular No. 24 12019 F.No.2 85/08/2014-IT(Inv. V)/ 349 Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) ******* Room No....
Declaration for GST transitional credit beyond the due date: Gujarat High Court Judgement
In M/S SIDDHARTH ENTERPRISES THROUGH PARTNER MAHESH LILADHAR TIBDEWAL Versus THE NODAL OFFICER SPECIAL CIVIL APPLICATION NO. 5758 of 2019 the Gujarat High Court (HC)...
Liability Of Non-Executive Directors For Offenses Committed By The Company
In <strong>Rajendra Shah s/o. Ambalal Shah vs. The State of Maharashtra</strong> CRIMINAL WRIT PETITION NO.1528 OF 2016, the Bombay High Court has laid down important...
CBDT Circular On Bogus Long-Term Capital Gain (LTCG)/Short Term Capital Loss (STCL) On Penny Stocks
Several references have been received by the Board that in large number of cases where organised tax-evasion scam is noticed through bogus Long-Term Capital Gain...
Guidelines for manual selection of returns for Complete Scrutiny during the financial-year 2019-20
Cases selected for ‘Limited Scrutiny’ but credible specific information has been/is received from any law- enforcement/intelligence/ regulatory authority or agency regarding tax-evasion in such cases,...
Modification by CBDT in the new system of approval in respect of application under section 197 of Income Tax Act
Various administrative and systematic difficulties related to such amount of revenue forgone under the newly introduced system of online application uls 195/197 of the LT....
ITAT Vice Presidents Transferred By Justice P P Bhatt
Shri Pramod Kumar, Vice President, Income Tax Appellate Tribunal, Ahmedabad Zone
(with Headquarter at Mumbai) is transferred to ITAT Mumbai Benches as Vice President
(Mumbai Benches) w.e.f....
CBDT Consolidated circular No. 22/2019 dt. 30.08.2019 for assessment of Startups
In order to provide hassle-free tax environment to the Startups, a series of announcements have been made by the Hon’ble Finance Minister in her Budget...
Taxation Of Startups – Angel Tax: Complete Guide
This is a guide to the levy of "angel tax" on start-ups. It summarizes the legislative amendments made to the Income-tax Act 1961 and also...