Professional Update For the Day: Direct Tax:- CBDT has issued a circular via circular no. 41 of 2016 dated… Read More
Professional Update For the Day: Direct Tax:- CBDT has decided to reduce the existing rate of deemed profit of… Read More
Professional Update For the Day: Direct Tax:- CBDT warns of penal action if I-T returns are 'drastically' changed against misusing the… Read More
Professional Update for the Day: Direct Tax:- CBDT clarified that filing of revised return cannot be used as the tool… Read More
Professional Update For the Day: Direct Tax:- CBDT has issued a prèss release dated 14th December 2016 regarding filling of… Read More
Professional Update For the Day: Direct Tax:- CBDT has advised its Assessing Officers, not to reopen past assessments merely on the… Read More
Professional Update for the Day: DIRECT TAX: Reopening u/s 147 of the assessment is not valid if the reasons recorded… Read More
Professional Update For the Day: Direct Tax:- TPO has to give reasons why one particular TP method is chosen over… Read More
Professional Update For the Day: Direct Tax:- ITAT Amritsar in the belo mentioned case held that Once the books of… Read More
Professional Update For the Day: Direct Tax:- CBDT issued clarification regarding Chapter VI-A deduction on enanced profits vide Circular No. 37/2016… Read More