CBDT orders completion of
withdrawal of Departmental ‘low-tax’ effect appeals from ITAT and HC by January
31st, in pursuance to circular no. 3 of 2018 [substantially enhancing the
monetary limits for filing appeal]; Provides status of appeals withdrawal as on
January 15th,highlights 0% pendency for withdrawal of identified appeals from
HC in CCA regions – Delhi & Mumbai, whereas CCA regions Bhubaneswar &
Guwahati show 100% pendency; While Delhi once again leads on appeals-withdrawal
from ITATs with 0% pendency, however Kolkata, Jaipur & Guwahati show over
50% pendency; Thus, CBDT remarks that, “substantial scope of withdrawal of
identified appeals exists”; Calls for immediate efforts for completing the
appeal withdrawal process.
Subscribe to:
Post Comments (Atom)
No Permanent Establishment Unless Proven by the Revenue
The Income Tax Appellate Tribunal (Delhi Bench) recently in the case of SAIC clarified an important principle in international taxation: th...
-
A new website launched for TDS related matters www.tdscpc.gov.in TRACES – T DS R econciliation A nalysis and C orrection E nabling S yste...
-
The Central Board of Direct Taxes (CBDT) released the Draft Income Tax Rules, 2026 on February 7, 2026. It has invited suggestions and opi...
-
These instructions are guidelines for filling the particulars in this Return Form. In case of any doubt, please refer to relevant provisi...
-
The posting had been move to another website. Please click the link below to get the access of the same. https://taxofindia.wordpress....
-
This Tax Alert summarizes a recent ruling of Customs, Excise and Service Tax Appellate Tribunal, Ahmedabad (CESTAT) [1] . The issue invo...
-
An eminent concern within the GST framework pertains to the entitlement of Input Tax Credit (ITC) concerning expenditures associated with In...
-
Section 68 -Cash credits Section 69 -Unexplained investments Section 69A - Unexplained money, etc Section 69B -Amount of investme...
-
On payment of Contractor, Publisher, Ad-Service Provider etc. above Rs. 20000/- in the financial year, then the TDS is must be deducted u...
-
Anna Covaco is trying to sell her ancestral property - a piece of land worth nearly Rs 10 crores in today's market. Being a senior cit...
-
PENSION SCHEME IN CASE OF AN E MPLOYEE JOINING CENTRAL GOVERNMENT OR ANY OTHER EMPLOYER ON OR AFTER JANUARY 1,2004 New pension s che...
No comments:
Post a Comment