Change In Postings Of Vice-Presidents Of The ITAT
Pursuant to orders dated 13th April 2017 passed by Hon'ble Shri. G. D. Agarwal, President of the ITAT, Hon'ble Shri. P. K. Bansal, Vice-President, has been posted as Vice-President of the Mumbai Zone...
View ArticleNew ITAT Vice-President Gets Warm Welcome From ITAT Bar Association
In order to felicitate Hon'ble Shri P. K. Bansal, Vice-President of the ITAT, a function was organized by the ITAT Bar Association on 5th May 2017. The function was attended by several distinguished...
View ArticleAppointment Of ITAT Members For Only Five Years Will Undermine The...
The All India Federation of Tax Practitioners (AIFTP), an apex body of tax practitioners, has addressed a detailed representation to Shri Arun Jaitley, the Union Finance Minister, pointing out that...
View ArticleBombay High Court’s Tax Bench Constitution w.e.f 05.06.2017
The Constitution of the Bombay High Court’s Tax Bench w.e.f 05.06.2017 is as followsRead more ›
View ArticleIRS Officer Demands Bribe Of Rs. 15 Crore – Busted!
Yet another senior IRS officer has fallen into the clutches of the CBI. He demanded a bribe of Rs. 15 crore and was caught red-handed accepting the first installment of Rs. 1.25 croreRead more ›
View ArticleGet Ready For Digital & Paperless Courts
The first step towards ushering in digital and paperless courts has been taken by way of the inauguration of the Supreme Court's Paperless, Digital Management System. The new system, aimed at serving...
View ArticleDraft Income Computation and Disclosure Standard (ICDS) On Real Estate...
The CBDT has released "Draft Income Computation and Disclosure Standards on Real Estate Transactions" prepared by the Committee constituted by the Finance Minister. The draft ICDS is based on the...
View ArticleITAT Proposes Important Changes To Tribunal Rules
The ITAT has issued a notice dated 11th May 2017 stating that it intends to make important changes to the Tribunal Rules. The proposed amendments deal with important aspects such as the grant of...
View ArticleCBDT Order Posting & Transferring Assistant And Deputy Commissioners Of...
The CBDT has issued Order No. 80 of 2017 dated 18.05.2017 by which it has directed the postings and transfers of several officers in the grade of Assistant And Deputy Commissioners Of Income-tax with...
View ArticleITAT Directive Reg Fixing Of Stay Applications For Hearing
Hon'ble Shri P. K. Bansal, the Vice-President of the ITAT, has issued an important directive dated 12th May 2017 with regard to the fixation of stay applications for hearing.Read more ›
View ArticleCBDT Constitutes Committee To Recommend Measures For Expeditious Recovery Of...
The CBDT has issued an Office Memorandum dated 25th May 2017 by which it has constituted a committee of high-ranking officials to study the nature and extent of arrears of direct taxes and to suggest...
View ArticleCBDT Order Promoting Chief Commissioners Of Income-tax To Pr Chief CsIT
The CBDT has issued Order No. 86 of 2017 dated 26.05.2017 by which it has promoted several officers in the grade of Chief Commissioner Of Income-tax to the post of Principal Chief Commissioner Of...
View ArticleCBDT Issues Clarification On Furnishing Statement Of Financial Transaction...
The CBDT has issued a press release dated 26th May 2017 by which it has provided important clarification on furnishing Statement of Financial Transaction (SFT) & SFT Preliminary Response u/s...
View ArticleCBDT Circular On TDS Obligation When Payment Is Made To Entities Exempt U/s 10
The CBDT has issued Circular No. 18/2017 dated 29.05.2017 in which it has dealt with the important issue regarding the requirement of Tax Deduction at Source in case of entities whose income is...
View ArticleCBDT Notification Reg Filing Of TDS Forms 15G-15H U/s 197A Of Income-Tax Act
The CBDT has issued Notification dated 30th May 2017 with regard to the obligation of the recipients/ payees to furnish to the payer a self-declaration in Form No.15G/15H under section 197A of the...
View ArticleCBDT Transfer Orders Of Pr. Chief CsIT, Addl/ Joint CsIT And Asst/ Deputy CsIT
The CBDT has issued the following transfer orders: (i) Vide order No. 87 of 2017 dated 31.05.2017, several officers in the grade of Assistant and Deputy Commissioners of Income-tax have been...
View ArticleNew ITAT Members To Get Marginal Salary Hike But Limited 3 Year Term For...
The Ministry of Finance has issued a notification dated 1st June 2017 titled the “Tribunal, Appellate Tribunal and other Authorities (Qualifications, Experience and other Conditions of Service of...
View ArticleCBDT Amends Safe Harbor Rules On Transfer Pricing For International Transactions
The CBDT has issued Notification No. 46/2017/ F. No. 370142/6/2017-TPL dated 07.06.2017 by which it has amended the Safe Harbour Rules specified in the Income-tax Rules relating to transfer pricing for...
View ArticleCBDT Transfer And Posting Orders Of Assistant And Deputy CsIT
The CBDT has vide order No. 98 of 2017 dated 09.06.2017 ordered the posting and transfer of several officers in the grade of Assistant and Deputy Commissioners of Income-tax with immediate effect and...
View ArticleAadhaar Card Is Mandatory For Filing Returns Of Income: CBDT Interprets...
The CBDT has issued a press release dated 19th June 2017 in which it has explained the implications of the Supreme Court's verdict in Binoy Visam vs. UOI dealing with the constitutional validity of...
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