Monthly Archives: August 2019

CBDT Circular No 19/2019 Dated 14th Aug 2019 : Income Tax Notice and Order Communication process

By | August 14, 2019

Circular No. 19/2019 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, dated the 14th August, 20 19 Subject: Generation/Allotment/Quoting of Document Identification Number in Notice/Order/Summons/letter/correspondence issued by the Income-tax Department – reg. With the launch of various e-governance initiatives, Income-tax Department is moving toward total computerization of… Read More »

Taxation of Capital Gains in 2019-20 Taxmann Book

By | August 14, 2019

Taxation of Capital Gains – As amended by Finance (No. 2) Act 2019 (8th Edition August 2019) Paperback – 2019 by Taxmann (Author) Law stated in this book is as amended by the Finance (No.2) Act, 2019 Price Rs 1575 Click here to buy online Paperback: 640 pages Publisher: Taxmann; 8th Edition August 2019 edition (2019)  

CBDT introduced DIN for All Notices, Assessments Appeals Orders Etc

By | August 14, 2019

CBDT takes further steps to ensure transparency in Tax Administration by bringing in concept of DIN Posted On: 14 AUG 2019 6:11PM by PIB Delhi With a view to bringing greater transparency in the functioning of the tax-administration and improvement in service delivery, almost all notices and orders of Income Tax Department are being generated… Read More »

CBDT rebuts incorrect reports about Income Tax notices to Durga Puja Committees

By | August 14, 2019

Press Information Bureau Government of India Ministry of Finance 13 AUG 2019 There have been reports in the media about Income Tax notices being issued to Durga Puja Committees in Kolkata recently. The reports also mention that Income Tax notices were sent to the Durga Puja Committee Forum in the last few weeks. It is… Read More »

ITC on Motor Car purchased for Demo purpose available : AAR

By | August 13, 2019

Whether ITC on Motor Car purchased for Demo purpose can be availed as credit on capital goods & set off against output tax payable Held Yes Goa Authority of Advance Ruling Chowgule Industries Private Limited GOA/GAAR/07 of 2018-19/4796 dated 29.03.2019 Pradip Mahatme, CA and Kishor M. Bandekar, AR for the Applicant. PROCEEDING (Under Section 98 of the Goa Goods… Read More »