Daily Archives: August 22, 2018

डुप्लिकेट पैन कैसे वापस करें : How to Surrender Duplicate PAN

By | August 22, 2018

How to Surrender Duplicate PAN : Income Tax News 62 Visit https://incometax.intelenetglobal.com/pan/pan.asp The extra PAN numbers may be surrendered using one of the several modes of surrender advertised by the department, viz., (i) Help Desk set up in Income-tax offices all over the country set-up for this purpose; (ii) the Assessing Officer (DCIT/ACIT/ITO); (iii) web-site of the department www.incometaxindia.gov.in and (iv) Aaykar… Read More »

change in method of valuation of stock is allowed for computing Actual Income/loss :HC

By | August 22, 2018

HIGH COURT OF CALCUTTA United Bank of India v. Commissioner of Income Tax, W.B.-IV, Calcutta I.P MUKERJI AND AMRITA SINHA, JJ. ITR NOS. 19 OF 1999 & 7 OF 2000 JUNE  27, 2018 Abhratosh Majumdar, Sr. Adv., Avra Majumdar, and Amiya Kanti Bandyopadhyay, Advs. for the Petitioner. Md. Nizamuuddin, R.N. Bandyopadhyay, and Aniket Mitra, Advs. for the Respondent. JUDGMENT ITR No. 7 of 2000… Read More »

Specific corpus donation not taxable even if trust wasn’t registered u/s 12A : ITAT

By | August 22, 2018

The amount of Rs. 2,30,00,000/- was received by the assessee trust from Bank of India towards corpus fund. The said amount was specifically directed to be kept as a tied-up fund and only interest earned from the same was to be utilised for the furtherance of the objects of the trust corpus donations being in… Read More »

Scope Extended by CBDT for filing Appeal by Income Tax Department for Low Tax Effect :Circular No. 3 of 2018 modified

By | August 22, 2018

Appeal by Income Tax Department for Low Tax Effect The Central Board of Direct Taxes (CBDT) has modified Para 10 of Circular No. 3 of 2018 issued on 11-07-2018 that provides that adverse judgement relating to issues enumerated in said para should be contested no merits notwithstanding that the tax effect entailed is less than… Read More »

NHPC Empanelment of GST Auditors

By | August 22, 2018

NHPC Empanelment of GST Auditors   NOTICE INVITING EXPRESSION OF INTEREST (EOI) FOR EMPANELMENT/APPOINTMENT OF GST AUDITORS NHPC Ltd. invites Expression of Interest (EOI) from Firms/LLPs of Chartered Accountants  (CA) / Cost Accountants (CMA) for Empanelment/ Appointment of GST Auditors. The detailed document for EOI consisting Scope of work, Selection Criteria, terms & conditions and… Read More »

Date Extended for GST returns by taxpayers in Kerala, Mahe and Kodagu

By | August 22, 2018

Date Extended for GST returns by taxpayers in Kerala, Mahe and Kodagu Explanation in Hindi by CA Satbir Singh Press Release : Date Extended for GST returns by taxpayers in Kerala, Mahe and Kodagu Ministry of Finance Extension of last date for filing GST returns by taxpayers in Kerala, Mahe and Kodagu extended Posted On:… Read More »

Notification No 35/2018 Central Tax : GSTR-3B Date for July 2018 Extended

By | August 22, 2018

Notification No 35/2018 – Central Tax Seeks to extend the due date for filing of FORM GSTR-3B for the month of July, 2018 [ Refer Also Notification No 36/2018 Central Tax Dated 24th August, 2018: GSTR-3B due date for Kerala ,Kodagu and Mahe for July 2018 and August 2018 Read Notification No 35/2018 – Central… Read More »