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line 1231, column 24: (28 occurrences) [help]
Interest paid on Partner\x92s capital covered for disallowance u/s 14A and Rule ...
^
line 1695, column 38: (2 occurrences) [help]
<pubDate>sun, 24 Jan 2016 15:00:00 GMT</pubDate>
^
line 11464, column 35: (22 occurrences) [help]
Draft Scheme Proposed Rules for Arm\x92s Length Price Computation
^
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<title>ABCAUS Excel for Chartered Accountants</title>
<link>https://abcaus.in/index_files/downloads.htm</link>
<description>by CA Ashutosh Lohani</description>
<language>en-us</language>
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<title>
ABCAUS email update have shifted to new link
</title>
<pubDate>Wed, 30 Mar 2016 17:00:00 GMT</pubDate>
<link>
https://feedburner.google.com/fb/a/mailverify?uri=Abcausin&loc=en_US
</link>
<description>
ABCAUS website now has a new look and email updates have shifted to new link. Please subscribe afresh to new link by clicking on the home page email subscription box and give your email. Thereafter activate the subscription by clicking the link sent to your email
</description>
</item>
<item>
<title>
ABCAUS email update have shifted to new link
</title>
<pubDate>Fri, 25 Mar 2016 17:00:00 GMT</pubDate>
<link>
https://feedburner.google.com/fb/a/mailverify?uri=Abcausin&loc=en_US
</link>
<description>
ABCAUS website now has a new look and email updates have shifted to new link. Please subscribe afresh to new link by clicking on the home page email subscription box and give your email. Thereafter activate the subscription by clicking the link sent to your email
</description>
</item>
<item>
<title>
ABCAUS email update have shifted to new link
</title>
<pubDate>Wed, 23 Mar 2016 18:00:00 GMT</pubDate>
<link>
https://feedburner.google.com/fb/a/mailverify?uri=Abcausin&loc=en_US
</link>
<description>
ABCAUS website now has a new look and email updates have shifted to new link. Please subscribe afresh to new link by clicking on the home page email subscription box and give your email. Thereafter activate the subscription by clicking the link sent to your email
</description>
</item>
<item>
<title>
ABCAUS email update have shifted to new link
</title>
<pubDate>Tue, 22 Mar 2016 18:00:00 GMT</pubDate>
<link>
https://feedburner.google.com/fb/a/mailverify?uri=Abcausin&loc=en_US
</link>
<description>
ABCAUS website now has a new look and email updates have shifted to new link. Please subscribe afresh to new link by clicking on the home page email subscription box and give your email. Thereafter activate the subscription by clicking the link sent to your email
</description>
</item>
<item>
<title>
ABCAUS email update have shifted to new link
</title>
<pubDate>Fri, 18 Mar 2016 17:40:00 GMT</pubDate>
<link>
https://abcaus.in
</link>
<description>
ABCAUS website now has a new look and email updates have shifted to new link. Please subscribe afresh to new link by clicking on the home page email subscription box and give your email. Thereafter activate the subscription by clicking the link sent to your email
</description>
</item>
<item>
<title>
ABCAUS email update have shifted to new link
</title>
<pubDate>Fri, 18 Mar 2016 03:00:00 GMT</pubDate>
<link>
https://abcaus.in
</link>
<description>
ABCAUS website now has a new look and email updates have shifted to new link. Please subscribe afresh to new link by clicking on the home page email subscription box and give your email. Thereafter activate the subscription by clicking the link sent to your email
</description>
</item>
<item>
<title>
ABCAUS email update have shifted to new link
</title>
<pubDate>Sun, 13 Mar 2016 15:00:00 GMT</pubDate>
<link>
https://feedburner.google.com/fb/a/mailverify?uri=Abcausin&loc=en_US
</link>
<description>
ABCAUS website now has a new look and email updates have shifted to new link. Please subscribe to new link by clicking on the above link and give your email. Thereafter activate the subscription by clicking the link sent to your email
</description>
</item>
<item>
<title>
ABCAUS email update have shifted to new link
</title>
<pubDate>Sat, 12 Mar 2016 15:00:00 GMT</pubDate>
<link>
https://feedburner.google.com/fb/a/mailverify?uri=Abcausin&loc=en_US
</link>
<description>
ABCAUS website now has a new look and email updates have shifted to new link. Please subscribe to new link by clicking on the above link and give your email. Thereafter activate the subscription by clicking the link sent to your email
</description>
</item>
<item>
<title>
ABCAUS email update have shifted to new link
</title>
<pubDate>Thu, 10 Mar 2016 10:00:00 GMT</pubDate>
<link>
https://feedburner.google.com/fb/a/mailverify?uri=Abcausin&loc=en_US
</link>
<description>
ABCAUS website now has a new look and email updates have shifted to new link. Please subscribe to new link by clicking on the above link and give your email. Thereafter activate the subscription by clicking the link sent to your email
</description>
</item>
<item>
<title>
ABCAUS email update have shifted to new link
</title>
<pubDate>Tue, 08 Mar 2016 15:00:00 GMT</pubDate>
<link>
https://feedburner.google.com/fb/a/mailverify?uri=Abcausin&loc=en_US
</link>
<description>
ABCAUS website now has a new look and email updates have shifted to new link. Please subscribe to new link by clicking on the above link and give your email. Thereafter activate the subscription by clicking the link sent to your email
</description>
</item>
<item>
<title>
ABCAUS email update have shifted to new link
</title>
<pubDate>Mon, 07 Mar 2016 18:00:00 GMT</pubDate>
<link>
https://feedburner.google.com/fb/a/mailverify?uri=Abcausin&loc=en_US
</link>
<description>
ABCAUS website now has a new look and email updates have shifted to new link. Please subscribe to new link by clicking on the above link and give your email. Thereafter activate the subscription by clicking the link sent to your email
</description>
</item>
<item>
<title>
ROC Kanpur Office shifted to Westcott Building Mall Kanpur
</title>
<pubDate>Fri, 04 Mar 2016 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/roc/kanpur-roc-office-shifted-back-westcot-building-mall-from-allenganj-khalasi-line.html
</link>
<description>
ROC Kanpur Office shifted to its old address at 37/17 Westcott Building, Mall, Civil Lines Kanpur from 10/499-B Allenganj Khalasi Line from 25-02-2016
</description>
</item>
<item>
<title>
CIT Appeals E-Form 35 Format, Signing by DSC or EVC-CBDT
</title>
<pubDate>Thu, 03 Mar 2016 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cit-appeal-e-form-35-format-signing-dsc-evc-verification-code-cbdt-notification.html
</link>
<description>
CIT Appeals E-Form 35 Format, Manner of Signing by DSC or EVC-CBDT Notification-11/2016
</description>
</item>
<item>
<title>
Deduction u/s 40(a)(iii) salaries paid expatriate employees overseas
</title>
<pubDate>Wed, 02 Mar 2016 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/40aiii-disallowance-salaries-paid-expatriate-employees-overseas-tax-paid-cbdt-circular-685-686.html
</link>
<description>
Deduction u/s 40(a)(iii) for salaries paid to expatriate employees overseas where tax was paid as per CBDT Circular 685/686-1994 allowable-Delhi HC
</description>
</item>
<item>
<title>
TDS certificate not decisive if the income from business or not
</title>
<pubDate>Wed, 02 Mar 2016 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tds-certificate-income-nomenclature-not-decisive-if-business-income-house-property-other-sources.html
</link>
<description>
TDS certificate nomenclature used as rent not decisive or determinative factor if the income is business income or income from house property-ITAT
</description>
</item>
<item>
<title>
Rule 8D Disallowance u/s 14A not compulsory or automatic
</title>
<pubDate>Wed, 02 Mar 2016 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/rule-8d-disallowance-14a-not-compulsory-automatic-on-rejection-of-assessee-computation.html
</link>
<description>
Rule 8D Disallowance u/s 14A not compulsory or automatic on rejection of computation made by assessee. Revision 263 quashed-ITAT
</description>
</item>
<item>
<title>
Govt. Clarification Tax on Provident Fund, EPF NPS withdrawal
</title>
<pubDate>Tue, 01 Mar 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/govt-clarification-provident-fund-epf-nps-taxation-proposed-in-the-budget-201617.html
</link>
<description>
Government Clarification- Tax Treatment for Recognised Provident Fund, EPF and NPS on withdrawal of 60 Percent proposed in Budget-2016-17
</description>
</item>
<item>
<title>
Deemed dividend 222e-Fund Transfers among group-sister companies
</title>
<pubDate>Tue, 01 Mar 2016 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/deemed-dividend-222e-sister-group-companies-fund-transfers-in-business-exigencies.html
</link>
<description>
Deemed dividend 222e-Fund Transfers due to business exigencies among group/sister companies wherein assessee had substantial interest-addition deleted
</description>
</item>
<item>
<title>
Incometax u/s 115TD on accreted income of charitable institution
</title>
<pubDate>Tue, 01 Mar 2016 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tax-us-115td-accreted-income-non-charitable-institution-conversion-merger-dissolution.html
</link>
<description>
Incometax u/s 115TD on accreted income on conversion merger of charitable institution u/s 12AA or 10(23C) into a non-charitable or dissolution-ChapterXIIEB
</description>
</item>
<item>
<title>
Section 44AD Turnover Threshold Limit increased 2 crores
</title>
<pubDate>Mon, 29 Feb 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/section-44ad-turnover-threshold-limit-increased-two-crores-from-fy-201617.html
</link>
<description>
Section 44AD turnover threshold limit increased to Rs. 2crores FY 201617. Presumptive Taxation to be maintained for 5 Years to be eligible assessee
</description>
</item>
<item>
<title>
Presumptive Taxation Professionals Scheme from 01-04-2017
</title>
<pubDate>Mon, 29 Feb 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/presumptive-taxation-for-professionals-scheme-from-01042017.html
</link>
<description>
Professionals Presumptive Taxation Scheme at 50 percent profits from 01-04-2017 FY 2016-17 AY 2017-18. New Section 44ADA Budget 2016-17, Finance Bill 2016
</description>
</item>
<item>
<title>
PF/EPF/NPS withdrawal in excess of 40 % taxable from 01042017
</title>
<pubDate>Mon, 29 Feb 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/epf-pf-nps-withdrwal-excess-of-forty-percent-taxable-under-section10-from-01042017.html
</link>
<description>
PF/EPF/NPS withdrawal in excess of 40 % taxable under section 10 from 01-04-2017 as per Budget 2016-17 Amendments
</description>
</item>
<item>
<title>
TDS Threshold/Rates Increase/Decrease Budget 201617
</title>
<pubDate>Mon, 29 Feb 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tds-threshold-limits-rates-increase-decrease-budget-201617-amendments.html
</link>
<description>
TDS Threshold/Rates Increase/Decrease-Rationalization of Tax Deduction at Source Provisions in Budget 2016-17
</description>
</item>
<item>
<title>
Section 87A Rebate may be withdrawn for FY 2016-17
</title>
<pubDate>Mon, 29 Feb 2016 02:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/section87A-rebate-availability-fy-201617-ay-201718-budget-2016-17.html
</link>
<description>
Section 87A Income Tax Rebate of Rs. 2000 Availability for FY 2016-17 AY 2017-18 after Budget 2016-17 Amendments
</description>
</item>
<item>
<title>
Incometax Basic Exemption Slabs FY2016-17-Not much to hope
</title>
<pubDate>Mon, 29 Feb 2016 02:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/incometax-basic-exemption-slab-limits-fy2016-17-ay2017-18-individual-huf.html
</link>
<description>
Incometax Basic Exemption Limit Slabs for FY 2016-17 AY 2017-18 for Individual and HUF after amendments made by Union Budget 2016-17
</description>
</item>
<item>
<title>
TDS-TCS Rates Chart FY 2016-17 AY 2017-18 Budget 2016-17
</title>
<pubDate>Mon, 29 Feb 2016 02:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tdstcs-rates-chart-fy2016-17-ay2017-18-revised-updated-after-budget-2016-17.html
</link>
<description>
TDS/TCS Rates Chart for FY 2016-17 AY 2017-18 updated and revised after Budget-201617 amendments
</description>
</item>
<item>
<title>
Stay Power u/s 2542A-Do all ITAT bound to follow Delhi HC Judgment
</title>
<pubDate>Sat, 27 Feb 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/stay-power-2542a-all-non-jurisdictional-itat-bound-by-delhi-high-court-judgment.html
</link>
<description>
ITAT Power to grant Stay beyond 365 days u/s 254(2A) Delhi High Court Judgment-Do non-jurisdictional ITAT bound to follow decision or it is only persuasive
</description>
</item>
<item>
<title>
Budget 2016-17 Key Highlights and watch Live Broadcast
</title>
<pubDate>Sat, 27 Feb 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/budget2016-17/incometax/incometax-servicetax-highlights-key-changes-proposed.html
</link>
<description>
Union Budget 2016-17-Watch Live Broadcast, Income Tax, Service Tax Key Features and Highlights-Bookmark this page
</description>
</item>
<item>
<title>
Additions based on cash flow projections in seized computer file
</title>
<pubDate>Fri, 26 Feb 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/additions-basis-computer-files-seized-during-search-containing-cash-flow-sales-projections.html
</link>
<description>
No additions on the basis of computer file seized during search u/s 132 containing cash flow sales projections not actual sales-Delhi High Court
</description>
</item>
<item>
<title>
Shares buyback between 01042000 31052013 taxable as capital gains
</title>
<pubDate>Fri, 26 Feb 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/shares-buyback-between-01042000-31052013-capital-gains-not-deemed-dividend-cbdt-circular.html
</link>
<description>
Shares buyback between 01042000 to 31052013 to be taxed as capital gains u/s 46A not deemed dividend in view of section 2(22)(iv)-CBDT Circular-3/2016
</description>
</item>
<item>
<title>
SEBI-Mutual Fund unclaimed redemption and dividend amounts
</title>
<pubDate>Fri, 26 Feb 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/mutual-fund-treatment-of-unclaimed-redemption-dividend-amount-distribution-circular.html
</link>
<description>
SEBI Circular on Mutual Funds-Treatment of unclaimed redemption and dividend amounts and distribution of mutual fund products
</description>
</item>
<item>
<title>
RBI-Know Your Customer KYC Direction 2016
</title>
<pubDate>Fri, 26 Feb 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/kyc-directions-guidelines-2016.html
</link>
<description>
RBI-Know Your Customer (KYC) Direction, 2016 for every bank or entity regulated by Reserve Bank of India
</description>
</item>
<item>
<title>
Budget 2016-17 Key Highlights and watch Live Broadcast
</title>
<pubDate>Fri, 26 Feb 2016 07:40:00 GMT</pubDate>
<link>
https://abcaus.in/budget2016-17/incometax/incometax-servicetax-highlights-key-changes-proposed.html
</link>
<description>
Union Budget 2016-17-Watch Live Broadcast, Income Tax, Service Tax Key Features and Highlights
</description>
</item>
<item>
<title>
Highlights-Indian Rail Budget 2016-New Trains Coaches, Services
</title>
<pubDate>Thu, 25 Feb 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/rail-budget-2016/highlights-of-union-rail-budget-2016-new-coaches-services-for-passengers.html
</link>
<description>
Highlights of Indian Rail Budget 2016. Antyodaya Express Deen Dayalu coaches for unreversed and Humsafar, Tejas and Uday for reserved unreserved passengers
</description>
</item>
<item>
<title>
Reassessment u/s 147 148 void permission given by only signature
</title>
<pubDate>Thu, 25 Feb 2016 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/reassessment-147-notice-148-void-cit-permission-151-given-by-only-affixing-signature.html
</link>
<description>
Reassessment u/s 147 void if CIT permission u/s 151 to reopening notice u/s 148 given by only affixing signature not amounting to satisfaction as required
</description>
</item>
<item>
<title>
Additions u/s 68 quashed-failure to make inquiry issue summons 131
</title>
<pubDate>Thu, 25 Feb 2016 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/additions-us-68-quashed-trust-imprest-failure-make-inquiry-despite-request-for-summon-131.html
</link>
<description>
Additions u/s 68 quashed for chartered accountant assessee for imprest received from trust. Revenue failed to make inquiry even after request to summon u/s 131
</description>
</item>
<item>
<title>
Section 12AA Deemed Registration-Non Disposal of Application
</title>
<pubDate>Wed, 24 Feb 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/section-12aa-deemed-registration-non-disposal-application-within-six-months-upheld-sc.html
</link>
<description>
Section 12AA deemed registration for Non disposal of application in 6 months. Supreme Court upheld Allahabad HC judgment in Society for Promn of Education
</description>
</item>
<item>
<title>
ICAI CA Quality Review Board foreign tour to require approval
</title>
<pubDate>Wed, 24 Feb 2016 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/chartered-accountants-quality-review-board-foreign-tour-to-require-central-govt-approval.html
</link>
<description>
ICAI Chartered Accountants Quality Review Board Chairperson members nominated by Central Government not to undertake foreign tour without prior approval
</description>
</item>
<item>
<title>
Draft Companies Cost Records/Audit Amendment Rules 2016
</title>
<pubDate>Wed, 24 Feb 2016 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/draft-companies-cost-records-and-audit-amenment-rules-2016-comments.html
</link>
<description>
Draft Companies (Cost Records and Audit) Amendment Rules 2016-MCA Notice Inviting Comments/suggestions
</description>
</item>
<item>
<title>
Reopening u/s 147 invalid if notes to account discloses information
</title>
<pubDate>Tue, 23 Feb 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/reopening-assessment-section-147-148-invalid-information-disclosed-in-notes-to-accounts.html
</link>
<description>
Reopening assessment u/s 147 148 invalid if notes schedules to the accounts discloses all required particulars/information-Delhi High Court
</description>
</item>
<item>
<title>
Income tax act applicability to company incorporated in Sikkim
</title>
<pubDate>Mon, 22 Feb 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cos-incorporated-under-companies-act-of-sikkim-applicability-income-tax-act-1961.html
</link>
<description>
Income earned by company incorporated under Sikkim Companies Act in India Prior to 01-04-1989 is also covered under Income Tax Act 1961-Delhi High Court
</description>
</item>
<item>
<title>
Procedure-National Pension Scheme eNPS Account Opening
</title>
<pubDate>Sun, 21 Feb 2016 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/nps/procedure-how-to-open-register-national-pension-scheme-account-enps.html
</link>
<description>
Procedure How to open register National Pension Scheme Account. eNPS through CRA FC-NSDL or through Pont of Presence Service Provider POP-SP
</description>
</item>
<item>
<title>
National Pension Scheme NPS-FAQ
</title>
<pubDate>Sun, 21 Feb 2016 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/nps/faq-national-pension-scheme.html
</link>
<description>
National Pension Scheme NPS- FAQ. What is NPS, who can join, tax benefits exemptions, how to open NPS account, documents required etc.
</description>
</item>
<item>
<title>
Deemed Dividend 222e directors account debited by banks mistake
</title>
<pubDate>Sun, 21 Feb 2016 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/deemed-dividend-222e-directors-account-debited-by-banks-mistake-reversed-later.html
</link>
<description>
Deemed Dividend 2(22)(e)-Amount wrongly debited to directors account by mistake of the bank and reversed subsequently not deemed dividend-ITAT
</description>
</item>
<item>
<title>
Reassessment 147 bad as notices u/s 148 were back dated
</title>
<pubDate>Sat, 20 Feb 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/reassessment-147-bad-notices-148-back-dated-despatched-beyond-limitation-period.html
</link>
<description>
Assessment 147 bad as notices u/s 148 were back dated and handed over to postal authorities beyond the prescribed period of limitation
</description>
</item>
<item>
<title>
No Penalty 2711c-disclosure made in ITR income return, annexure
</title>
<pubDate>Sat, 20 Feb 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-penalty-2711c-when-disclosure-made-in-return-of-income-annexure.html
</link>
<description>
Penalty 271(1)(c)-When disclosure made in return of income (ITR) or annexures, there is no concealment or furnishing of inaccurate particulars of income
</description>
</item>
<item>
<title>
No Penalty 2711c-Excess claim voluntarily declared by assessee
</title>
<pubDate>Sat, 20 Feb 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/penalty-2711c-excess-claim-not-detected-by-ito-but-suomoto-voluntarily-by-assessee.html
</link>
<description>
No Penalty 271(1)(c)-Excess cost of acquisition claimed not detected by ITO suo motu voluntarily brought to notice of the Assessing Officer by assessee
</description>
</item>
<item>
<title>
Trust registration 12A grant stage see objects not fund utilization
</title>
<pubDate>Sat, 20 Feb 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/12a-exemption-registration-grant-stage-cit-satisfy-genuine-objects-and-activities-only.html
</link>
<description>
At registration u/s 12A exemption grant stage CIT has to satisfy objects/genuineness of trust activities not fund utilization or commercial nature of activity
</description>
</item>
<item>
<title>
Section 14A disallowance-investment portfolio associated costs
</title>
<pubDate>Sat, 20 Feb 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/disallowance-14a-rule8d-indirect-administrative-expenditure-associated-investment-costs.html
</link>
<description>
Section 14A indirect admin expenditure disallowance Rule 8(D)(2)(iii) upheld where no investment portfolio associated cost claimed in personal accounts
</description>
</item>
<item>
<title>
Startups entity definition and eligibility, recognition process
</title>
<pubDate>Fri, 19 Feb 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/startup-india/entity-definition-eligibility-criteria-process-of-recognition-govt-notification.html
</link>
<description>
Startups India entity definition eligibility criteria. Up to 5 years, turnover up-to 25 crores, recognition process through mobile app/website-Notification
</description>
</item>
<item>
<title>
FATCA and CRS Implementation-CBDT Clarifications
</title>
<pubDate>Fri, 19 Feb 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/fatca-crs-clarification-cbdt.html
</link>
<description>
FATCA, CRS implementation-CBDT Clarifications, Currency, Fixed Deposit Account, Custodian, HUF, NBFC and procedure for report furnishing
</description>
</item>
<item>
<title>
Stock exchange admission fee is revenue expenditure not capital
</title>
<pubDate>Fri, 19 Feb 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/stock-exchange-admission-fee-is-revenue-expenditure-not-capital.html
</link>
<description>
Stock exchange admission fee is revenue expenditure not capital. The payment is like a license fee and it is paid only for carrying on the business-ITAT
</description>
</item>
<item>
<title>
Draft assessment order 144C(1) for non eligible assessee invalid
</title>
<pubDate>Thu, 18 Feb 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/draft-assessment-order-144c1-invalid-assessee-not-an-eligible-assessee-144c15b.html
</link>
<description>
Assessing Officer not competent to pass draft assessment order u/s 144C(1), assessee being not eligible u/s 144C(15)(b)-Delhi High Court
</description>
</item>
<item>
<title>
Conversion of LLP/Partnership Firms into Companies-Draft Amendments
</title>
<pubDate>Thu, 18 Feb 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/converstion-of-llp-partnership-firms-into-company-proposed-draft-amendment.html
</link>
<description>
Conversion of Limited Liability Partnership (LLP) and Partnership Firms into Companies-MCA Draft Amendment Rules, 2016-Comments invited
</description>
</item>
<item>
<title>
Unlimited liability company conversion into limited liability co.
</title>
<pubDate>Thu, 18 Feb 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/converstion-limited-liability-company-into-limited-liability-company-draft-amendment.html
</link>
<description>
Conversion of unlimited liability company into limited liability company-Draft companies incorporation amendment rules 2016-comments invited
</description>
</item>
<item>
<title>
No Penalty 2711c bonafide belief share sold off market exempt
</title>
<pubDate>Wed, 17 Feb 2016 15:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/penalty-2711c-bonafide-belief-listed-shares-sold-off-market-exempt-from-capital-gain.html
</link>
<description>
No Penalty u/s 271(1)(c) for concealment-assessee under bonafide belief that listed company share sold off market without STT exempt from capital gain
</description>
</item>
<item>
<title>
Pension Non-payment is continuing wrong not barred by limitation
</title>
<pubDate>Wed, 17 Feb 2016 15:10:00 GMT</pubDate>
<link>
https://abcaus.in/allahabad-hc/pension-non-payment-continuing-wrong-claim-not-affected-by-delay-laches-limitation.html
</link>
<description>
Non-payment of pension constitutes a continuing wrong and delay, laches or limitation will not thwart the claim-Allahabad High Court
</description>
</item>
<item>
<title>
Additional depreciation us 32(1)(iia) carry forward to next year
</title>
<pubDate>Wed, 17 Feb 2016 15:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/additional-depreciation-321iia-used-less-180-days-carry-forward-next-assessment-year.html
</link>
<description>
Additional depreciation allowance u/s 32(1)(iia) on plant and machinery used for less than 180 days in the succeeding assessment year-ITAT
</description>
</item>
<item>
<title>
Draft Companies Accounting Standard Amendment Rules 2016
</title>
<pubDate>Wed, 17 Feb 2016 15:10:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/draft-companies-accounting-standards-amenment-rules-2016-comments.html
</link>
<description>
Draft Companies (Accounting Standards) Amendment Rules 2016-MCA Notice Inviting Comments/suggestions
</description>
</item>
<item>
<title>
Draft Companies Indian Accounting Standard Amendment Rules 2016
</title>
<pubDate>Wed, 17 Feb 2016 15:10:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/draft-companies-indian-accounting-standards-ias-amenment-rules-2016-comments.html
</link>
<description>
Draft Companies (Indian Accounting Standards) Amendment Rules 2016-MCA Notice Inviting Comments/suggestions
</description>
</item>
<item>
<title>
Procedure/Rules-Service Tax, Excise Annual Information Return AIR
</title>
<pubDate>Tue, 16 Feb 2016 12:10:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/furnishing-annual-information-return-air-rules-2016-form-airf-from-01042016.html
</link>
<description>
Guidelines/Procedure-Furnishing Annual Information Return under Service Tax and Excise AIR Rules. Form AIRF from 01-04-2016-Notification 4/2016
</description>
</item>
<item>
<title>
CBDT resolves 5000 crores disputes under Mutual Agreement Procedure
</title>
<pubDate>Tue, 16 Feb 2016 12:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-resolves-mutual-agreement-procedure-map-disputes-of-5000-crores.html
</link>
<description>
CBDT resolves disputes under Mutual Agreement Procedure (MAP) of Tax Treaties to the tune of Rs 5000 crore since April 2014 till date
</description>
</item>
<item>
<title>
Do LMV license holder require endorsement to drive transport vehicles
</title>
<pubDate>Tue, 16 Feb 2016 12:10:00 GMT</pubDate>
<link>
https://abcaus.in/sc/lmv-licence-holder-prior-endorsement-to-drive-transport-vehicle-question-referred-to-larger-bench.html
</link>
<description>
If Drivers with LMV licence required to obtain prior endorsement to drive transport vehicles. The question referred to larger bench of Supreme Court
</description>
</item>
<item>
<title>
Rectification Order 154 to be passed in writing served on taxpayer
</title>
<pubDate>Mon, 15 Feb 2016 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/rectification-order-154-to-be-passed-in-writing-and-served-upon-taxpayer-cbdt.html
</link>
<description>
Income Tax Rectification Order u/s 154 to be passed in writing and be duly served upon the taxpayers concerned-CBDT Instruction 02-2016
</description>
</item>
<item>
<title>
Rectification Order 154-6 months time limit be followed strictly
</title>
<pubDate>Mon, 15 Feb 2016 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/rectification-order-154-passing-within-six-months-time-limit-to-be-strictly-followed-cbdt.html
</link>
<description>
Rectification Order passing u/s 154-Time Limit of 6 months u/s 154(8) must be followed strictly by assessing officer-CBDT Instruction No. 01-2016
</description>
</item>
<item>
<title>
Assessee has option u/s 80IA to choose initial assessment year
</title>
<pubDate>Mon, 15 Feb 2016 12:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/assessee-have-option-us-80ia-to-choose-first-assessment-year-for-claiming-deduction.html
</link>
<description>
Assessee has option u/s 80IA to choose initial/first assessment year from which deduction is claimed for 10 consecutive years-CBDT Circular-1/2016
</description>
</item>
<item>
<title>
Guidelines for seeking information Financial Intelligence Unit-India
</title>
<pubDate>Mon, 15 Feb 2016 12:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/guidelines-procedure-seeking-information-financial-intelligence-unit-india-fiu-ind.html
</link>
<description>
Guidelines/procedure for seeking information from Financial Intelligence Unit-India (FIU-IND) and confidentiality to be maintained-CBDT
</description>
</item>
<item>
<title>
Res Judicata not apply to income-tax proceedings but consistency
</title>
<pubDate>Sun, 14 Feb 2016 17:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/res-judicata-not-apply-to-income-tax-proceedings-but-consistency-be-maintained.html
</link>
<description>
Res Judicata not apply to income-tax proceedings but consistency and definiteness has to be maintained unless there is a manifest distinguishable feature
</description>
</item>
<item>
<title>
Expenditure buying computer software is revenue not capital
</title>
<pubDate>Sun, 14 Feb 2016 17:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/expenditure-buying-computer-software-application-revenue-not-capital-nature.html
</link>
<description>
Expenditure on an upgradation or buying of computer software application is revenue in nature not capital.
</description>
</item>
<item>
<title>
Unabsorbed depreciation set off carry forward after 8 years allowed
</title>
<pubDate>Sun, 14 Feb 2016 17:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/unabsorbed-depreciation-set-off-carry-forward-eight-years-limit-do-not-apply.html
</link>
<description>
Eight years limit for carry forward, set off not apply to unabsorbed depreciation in view of amended section 32(2) and CBDT Circular No. 14-2001
</description>
</item>
<item>
<title>
Penalty 271DE Cash Loan from Directors not deposit us 269SS-269T
</title>
<pubDate>Thu, 11 Feb 2016 15:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cash-loan-from-director-not-deposit-penalty-271de-us-269ss-269t-not-imposable.html
</link>
<description>
Penalty u/s 271D-271E not imposable for violation of section 269SS or 269T. Cash loan/repayment from/to director not deposits
</description>
</item>
<item>
<title>
ICAI-Guidance Note Depreciation Accounting Schedule II Cos Act 2013
</title>
<pubDate>Thu, 11 Feb 2016 13:10:00 GMT</pubDate>
<link>
https://abcaus.in/icai/guidance-note-depreciation-accounting-schedule-ii-companies-act-2013-fy-201617.html
</link>
<description>
ICAI-Guidance Note on Accounting for Depreciation in companies in the context of Schedule II to the Companies Act 2013 with effect from 01-04-2016
</description>
</item>
<item>
<title>
Exorbitant sale price of agricultural land not make it taxable
</title>
<pubDate>Thu, 11 Feb 2016 12:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/exorbitant-price-of-agricultural-land-sold-to-real-estate-dealer-not-makes-it-taxable.html
</link>
<description>
Merely because agricultural land is sold at exorbitant price to real estate dealer, it does not become taxable capital gains as non agricultural income
</description>
</item>
<item>
<title>
TDS deductible even if payee income is exempt u/s 11-12
</title>
<pubDate>Wed, 10 Feb 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tds-is-deductible-even-if-payee-income-exempt-us-11-12.html
</link>
<description>
TDS is deductable even if the payment made is income exempt in the hands of the payee u/s 11, 12
</description>
</item>
<item>
<title>
TDS 194C6 not deductible-transport cooperative society payments
</title>
<pubDate>Wed, 10 Feb 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tds-194c6-not-deductible-payments-transporter-cooperative-society-before-01062015.html
</link>
<description>
TDS u/s 194C(6) not deductible on payments to transport cooperative societies before amendment made wef 01-06-2015 providing for ownership condition
</description>
</item>
<item>
<title>
Writ petition under Article 226 by power of attorney holder valid
</title>
<pubDate>Wed, 10 Feb 2016 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/constitution/writ-petition-under-article-226-can-be-filed-by-power-of-attorny-holder.html
</link>
<description>
A writ petition under Article 226 of the Constitution can be filed by a power of attorney holder subject to due observance of safeguards-Allahabad High Court
</description>
</item>
<item>
<title>
Draft Revised Schedule-III of the Companies Act 2013-Comments
</title>
<pubDate>Tue, 09 Feb 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/draft-revised-schedule-iii-companies-act-2013-comments-invited.html
</link>
<description>
Draft Revised Schedule-II of the Companies Act 2013 where financial statements are drawn up under Companies Indian accounting standards rules 2015
</description>
</item>
<item>
<title>
Draft Revised Companies Auditors Report Order 2016-Comments
</title>
<pubDate>Tue, 09 Feb 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/draft-revised-companies-auditors-report-order-caro-2016-fy-2015-16-onwards.html
</link>
<description>
Draft Revised Companies Auditors Report Order (CARO) 2016 u/s 143(11) of the Companies Act, 2013 for financial year 2015-16 onwards-comments invited
</description>
</item>
<item>
<title>
Capital Gain Deduction u/s 54-residential house outside India
</title>
<pubDate>Mon, 08 Feb 2016 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/capital-gain-deduction-us-54-for-residential-house-property-situated-outside-india.html
</link>
<description>
Long Term Capital Gain Deduction u/s 54 for investment in residential house property situated outside India in foreign country is also allowable-ITAT
</description>
</item>
<item>
<title>
Penalty 272A2c for Form 52A non submission u/s 285B deleted
</title>
<pubDate>Mon, 08 Feb 2016 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/penalty-272a2c-non-submission-form-52-us-285b-deleted-not-aware-of-provisions.html
</link>
<description>
Penalty 272A2c for non submission of form no. 52A u/s 285B related to production of films deleted. Female assessee being not aware of the provisions
</description>
</item>
<item>
<title>
Issue of Online Certificate us 195(2) 195(3) TDS Instruction 51
</title>
<pubDate>Mon, 08 Feb 2016 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/issue-of-online-certificate-us-1952-1953-lower-no-deduction-tds-instruction-no-51.html
</link>
<description>
Issue of Online Certificate u/s 195(2) and 195(3) for lowerIno deduction as manual certificates not considered by CPC-TDS. Instruction No. 51- CBDT
</description>
</item>
<item>
<title>
Assessment set aside-not giving reasonable hearing opportunity
</title>
<pubDate>Sun, 07 Feb 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/assessment-set-aside-not-giving-reasonable-hearing-opportunity-cross-examin-witness.html
</link>
<description>
Assessment Proceedings set aside for not providing reasonable opportunity of hearing and cross examination of witnesses and rebut the evidences claimed
</description>
</item>
<item>
<title>
Penalty 2711c quashed-old record not in possession for time lapse
</title>
<pubDate>Sun, 07 Feb 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/penalty-2711c-quashed-not-producing-old-record-not-in-possession-for-time-lapse.html
</link>
<description>
Penalty 271(1)(c) quashed for not producing old payment record not in possession due to time passage/lapse and explanation not found to be false
</description>
</item>
<item>
<title>
Textile subsidy-Technology Upgradation Fund is Capital Receipt
</title>
<pubDate>Sun, 07 Feb 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/govt-subsidy-textile-ministry-techonology-upgradation-fund-scheme-tuf-capital-receipt.html
</link>
<description>
Government subsidy from Ministry of Textile under Technology Upgradation Fund (TUF) Scheme is Capital Receipt not Revenue
</description>
</item>
<item>
<title>
Exemption 12AA denied for both charitable non-charitable objects
</title>
<pubDate>Sun, 07 Feb 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/exemption-12aa-denied-both-charitable-non-objects-no-restriction-on-income-application.html
</link>
<description>
Exemption u/s 12AA denied for having both charitable, non-charitable objects with no legally binding clause to apply income only for charitable objects
</description>
</item>
<item>
<title>
Revision 263- it is presumed that AO gone through details filed
</title>
<pubDate>Sun, 07 Feb 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/revision-263-it-is-presumed-that-ao-gone-through-details-filed-by-assessee-applied-mind.html
</link>
<description>
Revision 263-unless proved that AO did not applied mind, it is presumed that he has gone through details filed by assessee and taken a conscious decision
</description>
</item>
<item>
<title>
High Court Writ dismissal not closes right to appeal CIT-A ITAT
</title>
<pubDate>Sun, 07 Feb 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/dismissal-writ-petition-by-high-court-not-curtail-assessees-right-to-appeal-before-cit-itat.html
</link>
<description>
Dismissal of writ petition by High Court do not forecloses assessee right to appeal before CIT-A and ITAT as per maxim-actus curiae neminem gravabit </description>
</item>
<item>
<title>
Labour charges disallowance made without facts finding deleted
</title>
<pubDate>Sun, 07 Feb 2016 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/disallowance-labour-charges-without-facts-finding-if-work-was-carried-out-or-not.html
</link>
<description>
AO not justified disallowing labour charges without giving fact finding if the assessee carried out work or not for which the expenses were claimed-ITAT
</description>
</item>
<item>
<title>
Security deposit notional interest added for fair-market rent
</title>
<pubDate>Sat, 06 Feb 2016 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/notional-interest-security-deposit-cannot-be-added-fair-market-rent-house-property.html
</link>
<description>
Notional interest on security deposit received cannot be added to derive fair rent or market rent for determining house property annual value u/s 23
</description>
</item>
<item>
<title>
Disposal of Public Grievance on priority within 2 months-CBDT
</title>
<pubDate>Fri, 05 Feb 2016 12:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/public-grievance-disposal-on-priority-bais-cpgrams-within-two-months-maximum-cbdt.html
</link>
<description>
Disposal of Public Grievance on priority within 2 months in Centralised Public Grievance Redress and Monitoring System CPGRAMS -CBDT
</description>
</item>
<item>
<title>
Signature Details Required in Chartered Accountants Certificates
</title>
<pubDate>Fri, 05 Feb 2016 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/signature-details-required-certificate-signing-manner-chartered-accountants.html
</link>
<description>
Signature Details Required to be included in Certificates issued by Chartered Accountants. Name FRN/Membership CA Firm/Member and Designation-ICAI
</description>
</item>
<item>
<title>
Income-tax Phishing email scam simple checks for taxpayers-CBDT
</title>
<pubDate>Fri, 05 Feb 2016 12:40:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/email-phishing-scam-simple-checks-for-taxpayers-cbdt.html
</link>
<description>
Income-tax Phishing email scam simple checks for taxpayers. Safeguards/steps taken by Department-CBDT
</description>
</item>
<item>
<title>
Partner capital interest disallowance 14A Rule 8D Exempt Income
</title>
<pubDate>Thu, 04 Feb 2016 15:40:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/partners-capital-interest-paid-disallowance-us-14A-rule-8d-exempt-income.html
</link>
<description>
Interest paid on Partner\x92s capital covered for disallowance u/s 14A and Rule 8D for expenditure incurred in relation to exempt income-ITAT
</description>
</item>
<item>
<title>
Factory Electricity Expenses allowed meter not in assessee name
</title>
<pubDate>Thu, 04 Feb 2016 15:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/factory-electricity-expenses-allowed-meter-bill-not-in-assessee-name.html
</link>
<description>
Electricity Expenses of factory allowed despite meter and bills not in the name of the assessee-ITAT
</description>
</item>
<item>
<title>
Audit fee apportioned between business and rent income wrong
</title>
<pubDate>Thu, 04 Feb 2016 15:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/audit-fee-apportionment-between-business-income-rent-for-disallowance.html
</link>
<description>
Company audit fee can not be proportionately disallowed by apportioning between business and rent income because it is for the very existence of company
</description>
</item>
<item>
<title>
Immovable Property Acquisition Transfer outside India-Revised Rules
</title>
<pubDate>Thu, 04 Feb 2016 15:30:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/acquisition-transfer-immovable-property-outside-india-resident-indian-revised-fema-regulations.html
</link>
<description>
Prior Approval for Acquisition and Transfer of Immovable Property outside India by Indian Resident- RBI-Revised FEMA Regulations
</description>
</item>
<item>
<title>
Limit on Possession Retention of Foreign Currency and coins
</title>
<pubDate>Thu, 04 Feb 2016 15:30:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/revised-limit-possession-of-foreign-currency-notes-coins-by-person-under-fema-regulations.html
</link>
<description>
RBI-Revised Limit on Possession and Retention of Foreign Currency or foreign coins-Amendment to FEMA Regulations
</description>
</item>
<item>
<title>
Penalty 271D cash business advances wrongly classified loans
</title>
<pubDate>Thu, 04 Feb 2016 15:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/penalty-271d-cash-loans-business-advances-on-the-basis-of-tax-audit-report-deleted.html
</link>
<description>
Penalty 271D levied for cash business advances accepted wrongly classified as cash loans in tax audit report u/s 44AB deleted-ITAT
</description>
</item>
<item>
<title>
Procedure Income-tax email/electronic communication/notices replies
</title>
<pubDate>Thu, 04 Feb 2016 12:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/procedure-sending-email-electronic-communication-notices-replies-incometax-rules.html
</link>
<description>
Procedure-sending Income Tax email/electronic communication/Notices/replies. Formats, Standards for ensuring secured transmission-CBDT Ntification-02/2016
</description>
</item>
<item>
<title>
Service tax rebate refund-Services received beyond factory
</title>
<pubDate>Wed, 03 Feb 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/rebate-refund-exporter-goods-services-beyond-factory-manufacture-production-premise.html
</link>
<description>
Service tax Rebate/refund-taxable services received by exporter beyond factory, production, manufacture premises for export-Notification-01/2016
</description>
</item>
<item>
<title>
Swachh Bharat Cess Refund-Services received SEZ Unit/Developers
</title>
<pubDate>Wed, 03 Feb 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/swachh-bharat-cess-refund-services-received-sez-units-developers.html
</link>
<description>
Refund of Swachh Bharat Cess paid on services received by a unit in SEZ or Developers of SEZ-Service Tax Notification-02/2016
</description>
</item>
<item>
<title>
Swachh Bharat Cess Rebate used in providing services exported
</title>
<pubDate>Wed, 03 Feb 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/swachh-bharat-cess-rebate-input-services-providing-services-exported-rule-6a.html
</link>
<description>
Swachh Bharat Cess Rebate paid on all input services used in providing services exported in terms of Rule 6A-Service Tax Notification-03/2016
</description>
</item>
<item>
<title>
Appeal Filing Delay condoned-notice affixture procedural defects
</title>
<pubDate>Tue, 02 Feb 2016 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/appeal-filing-delay-condoned-procedural-defect-notice-affixture-witness-signature.html
</link>
<description>
Appeal Filing Delay condoned for procedural defects in notice served through affixture for want of signature of independent witness, manner of affixture
</description>
</item>
<item>
<title>
No disallowance u/s 80A(5)-deduction claimed in revised return
</title>
<pubDate>Tue, 02 Feb 2016 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/deduction-not-claimed-in-original-return-but-revised-return-no-disallowance-us-80a5.html
</link>
<description>
Section 80A(5) nowhere suggests that claim should be in original return. Deduction u/s 80IB not claimed in original return but in revised return allowed
</description>
</item>
<item>
<title>
Comments/suggestions invited on Company Law Committee Report
</title>
<pubDate>Tue, 02 Feb 2016 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/online-comments-suggestions-invited-on-company-law-committee-report-clc.html
</link>
<description>
Comments/suggestions invited on Company Law Committee (CLC) Report through online facility on MCA website upto 15-02-2016
</description>
</item>
<item>
<title>
DTAA between India and Belarus- Information Exchange protocol
</title>
<pubDate>Tue, 02 Feb 2016 12:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/dtaa-india-belarus-exchange-of-information-protocol-bank-financial-institutions-secrecy.html
</link>
<description>
DTAA between India and Belarus-Notification amending Protocol for exchange of information held by a bank, financial institutions in fiduciary capacity and secrecy
</description>
</item>
<item>
<title>
1.5 Crores National Pension System NPS Subscribers as on 23-01-2016
</title>
<pubDate>Tue, 02 Feb 2016 12:30:00 GMT</pubDate>
<link>
https://abcaus.in/nps/1-15-crores-subscribers-national-pension-system-as-on-23012016.html
</link>
<description>
1.5 Crores National Pension System NPS Subscribers as on 23-01-2016. Total corpus of Rs. 90.327 crore as on 23rd January 2016
</description>
</item>
<item>
<title>
Company Law Committee CLC Report on Companies Act 2013 issues
</title>
<pubDate>Mon, 01 Feb 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/company-law-committee-clc-report-recommendations-proposed-amendments.html
</link>
<description>
Company Law Committee CLC Report-Recommendations, proposed amendments on issues arising on the implementation of the Companies Act 2013 and Rules
</description>
</item>
<item>
<title>
Revisionary Power u/s 263 barred if some enquiry was made by AO
</title>
<pubDate>Mon, 01 Feb 2016 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/revisionary-power-us-263-barred-if-some-enquiry-was-made-by-assessing-officer.html
</link>
<description>
Revision u/s 263 barred if some enquiry was made by Assessing Officer. Settled law is that commissioner can exercise jurisdiction only in no enquiry cases
</description>
</item>
<item>
<title>
Signing bilateral Advance Pricing Agreements-APAs-with UK-CBDT
</title>
<pubDate>Mon, 01 Feb 2016 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/signing-two-bilateral-advance-pricing-agreements-apas-with-united-kingdom-cbdt.html
</link>
<description>
Signing of two bilateral Advance Pricing Agreements (APAs) with United Kingdom. CBDT has so far signed 41 APAs (38 unilateral and 3 bilateral)
</description>
</item>
<item>
<title>
Female coparcener can also be HUF Karta-Delhi High Court
</title>
<pubDate>Mon, 01 Feb 2016 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/huf/eldest-female-can-also-be-karta-in-hindu-undivided-family-delhi-high-court-judgment.html
</link>
<description>
Eldest Female member can also be karta of Hindu Undivided Family (HUF) after Hindu Succession (Amendment) Act, 2005 -Delhi High Court
</description>
</item>
<item>
<title>
Principles of Mutuality-donation by co-operative society member
</title>
<pubDate>Sun, 31 Jan 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/principle-of-mutuality-voluntary-contribution-for-repair-by-cooperative-society-member.html
</link>
<description>
Principles of mutuality-voluntary donation by member of co-operative housing society for building repairs and renovation covered-ITAT
</description>
</item>
<item>
<title>
Addition us 68 Share Application Money-assessee should be confronted with information
</title>
<pubDate>Sun, 31 Jan 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/additions-68-share-application-money-assessee-should-be-confronted-with-information.html
</link>
<description>
Addition u/s 68 for Share Application Money. Assessee should be confronted with information in possession, given opportunity to cross examine witness
</description>
</item>
<item>
<title>
Liability Remission-cessation us 41(1) Time does not affect rights
</title>
<pubDate>Sun, 31 Jan 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/additions-411-remission-cessation-liability-time-does-not-affect-contractual-rights.html
</link>
<description>
Additions u/s 41(1) for liability remission/cessation without stating deductions/benefits taken earlier quashed. Time does not affect contractual rights
</description>
</item>
<item>
<title>
Motor Vehicle is Unascertained Goods until Registration-SC
</title>
<pubDate>Sun, 31 Jan 2016 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/sales-tax/motor-vehicle-unascertained-goods-until-registration-done-possession-given-to-buyer.html
</link>
<description>
Unless possession handed over to buyer after registration with RTO, motor vehicle remains unascertained/future goods for sales tax purposes-Supreme Court
</description>
</item>
<item>
<title>
Income-tax Refund Procedure if notice u/s 245 issued for set off
</title>
<pubDate>Sat, 30 Jan 2016 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/refund-procedure-notice-us-245-issued-for-set-off-returns-processed-fy-201516.html
</link>
<description>
Income-tax Refund Procedure where notice u/s 245 has been issued for set off of refunds against tax payable for ITRs processed in FY 2015-16-CBDT
</description>
</item>
<item>
<title>
SEBI FAQ on Listing Regulations and Disclosure Requirements
</title>
<pubDate>Fri, 29 Jan 2016 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/faq-listing-regulations-obligations-and-disclosure-requirements.html
</link>
<description>
SEBI FAQ on Listing Regulations, Obligations and Disclosure Requirements Regulations, 2015 based on queries/ comments received from market participants
</description>
</item>
<item>
<title>
NCLT/NCLAT Draft Rules Companies Act 2013 Comments invited
</title>
<pubDate>Fri, 29 Jan 2016 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/nclt-nclat-draft-rules-comments-suggestions-invited.html
</link>
<description>
Suggestions/comments on National Company Law Appellate Tribunal (NCLT/NCLAT) related provisions under the Companies Act, 2013
</description>
</item>
<item>
<title>
Resolution of transfer pricing disputes with USA under MAP
</title>
<pubDate>Fri, 29 Jan 2016 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/transfer-pricing-disputes-with-usa-resolution-under-mutual-agreement-procedure-map.html
</link>
<description>
Resolution of more than 100 cases of transfer pricing disputes with USA under Mutual Agreement Procedure MAP provision in India-USA DTAC-CBDT
</description>
</item>
<item>
<title>
Flat 20 percent TDS on salary paid for non furnishing PAN invalid
</title>
<pubDate>Wed, 27 Jan 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tds-flat-20-percent-deduction-on-salary-for-non-furnishing-of-pan-by-employee-invalid.html
</link>
<description>
TDS levy at flat 20 percent rate u/s 260AA on salary payments for non-furnishing PAN by employees without basic exemption limit/deductions not justified
</description>
</item>
<item>
<title>
Revision 263 valid-assessment order silent, reasons not recorded
</title>
<pubDate>Wed, 27 Jan 2016 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/revision-263-valid-if-assessment-order-silent-and-does-not-record-reasons.html
</link>
<description>
Revision u/s 263 justified if assessment order is silent, does not record reasons for conclusion reached for issues under consideration by Assessing Officer
</description>
</item>
<item>
<title>
Penalty 2711c for non-filing return of income can not be imposed
</title>
<pubDate>Tue, 26 Jan 2016 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/penalty-2711c-for-concealment-by-not-filing-return-can-not-be-imposed.html
</link>
<description>
Penalty u/s 2711c for non-filing of income tax return-there is no provision in the income tax act for levying such penalty for concealment-ITAT
</description>
</item>
<item>
<title>
Deemed dividend 222e-common shareholder applicability and ground
</title>
<pubDate>Tue, 26 Jan 2016 13:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/deemed-dividend-222e-common-shareholder-not-ground-for-applicability.html
</link>
<description>
Deemed dividend u/s 2(22)(e) not applicable on the ground of a common shareholder of both the payer company and the receiver company-ITAT
</description>
</item>
<item>
<title>
Regular assessment order without draft order u/s 144C illegal
</title>
<pubDate>Tue, 26 Jan 2016 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/issue-of-regular-assessment-order-without-draft-order-us-144c-in-drp-reference-illegal.html
</link>
<description>
Issue of regular assessment order without draft assessment order u/s 144C in DRP Reference is illegality and corrigendum can not be issued there-after
</description>
</item>
<item>
<title>
CLB Office Shifting to New Building at CGO Complex New Delhi
</title>
<pubDate>Tue, 26 Jan 2016 06:57:00 GMT</pubDate>
<link>
https://abcaus.in/clb/company-law-board-office-court-shifted-to-new-building-address-cgo-complex-new-delhi.html
</link>
<description>
Company Law Board (CLB) Office Secretariat Court I and II Shifting to New Building at CGO Complex, Lodi Road New Delhi from 01-02-2016
</description>
</item>
<item>
<title>
Income Tax e-filing DSC Management Utility for java problems
</title>
<pubDate>Mon, 25 Jan 2016 17:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/dsc-management-utility-for-java-problems-faced-in-efiling-signing-of-returns-in-browsers.html
</link>
<description>
Income Tax e-filing DSC Management Utility for signing problems in latest versions of Google Chrome, Mozilla or Internet Explorer browsers with java
</description>
</item>
<item>
<title>
CRC-company names reservation applications central processing
</title>
<pubDate>Mon, 25 Jan 2016 12:30:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/crc-for-company-name-reservation-application-central-processing-over-over-india.html
</link>
<description>
Central Registration Centre CRC for company names reservation applications Form INC-1 centrally processing and allotment on all over India basis
</description>
</item>
<item>
<title>
Vague misleading abbreviated company names no more undesirable
</title>
<pubDate>Mon, 25 Jan 2016 12:10:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/vague-misleading-abbreviated-company-names-removed-from-undesirable-list.html
</link>
<description>
Vague misleading abbreviated company names no more in undesirable name list under Rule 8 of Companies Incorporation Rules 2014-MCA Notification
</description>
</item>
<item>
<title>
Deduction u/s 54-Advance for purchasing new house eligible
</title>
<pubDate>sun, 24 Jan 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/deduction-54-advance-for-purchase-of-new-house-is-eligible-capital-gain-utilization.html
</link>
<description>
Deduction u/s 54 for advance given for purchasing new house is eligible as utilization of capital gains as per Income Tax Act, 1961-ITAT
</description>
</item>
<item>
<title>
Shares acquisition date for capital gain is date of allotment
</title>
<pubDate>sun, 24 Jan 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/date-of-share-acquisition-for-capital-gain-is-allotment-not-when-fully-paidup.html
</link>
<description>
Date of acquisition of shares for capital gains purposes is the date of allotment and not when the shares becomes fully paid-up-ITAT
</description>
</item>
<item>
<title>
CBDT Signs 7 more Unilateral Advance Pricing Agreements-APA
</title>
<pubDate>Fri, 22 Jan 2016 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-signs-7-more-unilateral-advance-pricing-agreements-apa.html
</link>
<description>
CBDT Signs 7 more Unilateral Advance Pricing Agreements (APA) making total APAs signed so far to 39 (38 unilateral and one bilateral)
</description>
</item>
<item>
<title>
Income-tax EVC generation by bank-demat account details for e-ITRs
</title>
<pubDate>Thu, 21 Jan 2016 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/evc-generation-by-giving-bank-demat-account-details-for-electronic-returns.html
</link>
<description>
Income-tax Electronic Verification Code EVC generation by giving bank or demat Account details for e-returns as Additional Modes-CBDT Notification-01/2016
</description>
</item>
<item>
<title>
Start-UPs Intellectual Property Protection Scheme-Indian Govt. SIPP
</title>
<pubDate>Wed, 20 Jan 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/ipr/starts-up-intellectual-property-protection-scheme-sipp-of-indian-government.html
</link>
<description>
Scheme for Facilitating Start-UPs Intellectual Property Protection-SIPP launched by Indian Government to promote awareness and encourage IPR protection
</description>
</item>
<item>
<title>
One more opportunity given to produce books of account before AO
</title>
<pubDate>Wed, 20 Jan 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/one-more-opportunity-to-produce-books-accounts-before-ao-in-interest-of-justice.html
</link>
<description>
One more opportunity given to produce books of account before AO for the fact that accounts are duly audited and audit report already furnished with return
</description>
</item>
<item>
<title>
HUF or Karta cannot become partner/designated partner in LLP
</title>
<pubDate>Wed, 20 Jan 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/huf-karta-can-not-become-partner-designated-partner-in-llp-clarification.html
</link>
<description>
A HUF or its Karta cannot become partner or designated partner in LLP-MCA Clarification Circular-02/2016
</description>
</item>
<item>
<title>
HMRC UK-Top Ten Worst Excuses for Delayed Tax Return of 2014
</title>
<pubDate>Tue, 19 Jan 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/hmrc-uk-top-ten-worst-excuses-for-delayed-tax-returns-2014.html
</link>
<description>
HMRC UK reveals Top Ten Worst Excuses advanced last year for missing the self assessment income tax deadline of 31st January for 2014
</description>
</item>
<item>
<title>
ICAI-incorporating Standard Arbitration Clause in legal documents
</title>
<pubDate>Tue, 19 Jan 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/standard-arbitration-clause-incorporation-in-legal-documents-agreements-advisory.html
</link>
<description>
ICAI-incorporating Standard Arbitration Clause in legal documents, agreements advisory to achieve objective to make India preferred Arbitration choice
</description>
</item>
<item>
<title>
CIT revisionary order u/s 263 for inadequate enquiry quashed
</title>
<pubDate>Tue, 19 Jan 2016 16:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cit-revision-order-263-for-inadequate-lack-of-enquiry-by-assessing-officer-quashed.html
</link>
<description>
CIT revisionary order u/s 263 for inadequate enquiry by assesssing officer quashed. There is distinction between lack of enquiry and inadequate enquiry
</description>
</item>
<item>
<title>
Assessee not obliged to prove source of source of unsecured loan
</title>
<pubDate>Tue, 19 Jan 2016 16:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/assessee-not-obliged-to-prove-source-of-source-of-unsecured-loan-creditor.html
</link>
<description>
Assessee not obliged to prove source of source of the unsecured loan creditor. The burden is to prove source of the credit only-ITAT
</description>
</item>
<item>
<title>
Justice Easwar Committee Draft Report Recommends tax Reforms
</title>
<pubDate>Tue, 19 Jan 2016 12:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/justice-easwar-committee-draft-report-recommendations-for-simplification-tax-reforms.html
</link>
<description>
Justice Easwar Committee Draft Report Recommendation for Income-tax Simplification by amendment to Income Tax Act, 1961 and Administrative Reforms
</description>
</item>
<item>
<title>
Online Filing Income Accumulation Charitable Trust Option u/s 11
</title>
<pubDate>Mon, 18 Jan 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/online-income-accumulation-option-filing-section-11-for-charitable-trust-form-9a-10.html
</link>
<description>
Online Filing Charitable Trust Income Accumulation Option under section 11(1)-(2) by filing electronic Form 9A-10 under DSC-EVC-CBDT Notification-3/2016
</description>
</item>
<item>
<title>
CPC Bengaluru awarded ISO 9001:2008 Standard for Quality Management
</title>
<pubDate>Mon, 18 Jan 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cpc-bengaluru-awarded-iso-9001-2008-standard-for-quality-management-services.html
</link>
<description>
CPC Bengaluru, awarded ISO 9001:2008 standard for Quality Management System Certificate by British Standards Institution BSI
</description>
</item>
<item>
<title>
Patent Applications New Numbering Format in India from 05-01-2016
</title>
<pubDate>Sun, 17 Jan 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/patent-trademark/new-numbering-format-for-patent-applications-examination-request-in-india.html
</link>
<description>
New Numbering Format for Patent Applications, Request for Examination for uniformity in accessibility, processing by Indian Patent Offices from 05-01-2016
</description>
</item>
<item>
<title>
Section 80G5 Approval Application Rejection for Undelivered Notice
</title>
<pubDate>Sun, 17 Jan 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/80g5-approval-application-rejection-for-undelivered-notice-without-considering-documents.html
</link>
<description>
Rejection of Application for Approval u/s 80G(5) due to undelivered notice returned back without considering documents already filed restored back-ITAT
</description>
</item>
<item>
<title>
FAQs Corporate Social Responsibility-CSR-MCA Circular 01/2016
</title>
<pubDate>Fri, 15 Jan 2016 15:10:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/faq-on-csr-corporate-social-responsibility-section-135-mca-circular-01-2016.html
</link>
<description>
FAQS on Corporate Social Responsibility (CSR) under section 135 of the Companies Act 2013-MCA Circular 01/2016 dated 12-01-2016 answers 23 questions
</description>
</item>
<item>
<title>
Steps taken to reduce litigation up to December 2015-CBDT
</title>
<pubDate>Fri, 15 Jan 2016 12:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/steps-taken-to-reduce-litigation-in-last-three-months-ended-december-2015-cbdt.html
</link>
<description>
Steps taken to reduce litigation in last three months up to December 2015-CBDT Press Release. Revision of Monetary Limits and other circulars
</description>
</item>
<item>
<title>
Refunds upto Rs.5,000/- issue without outstanding arrear adjustment
</title>
<pubDate>Fri, 15 Jan 2016 10:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/refund-upto-rs-5000-to-be-issued-without-outstanding-arrear-adjustment.html
</link>
<description>
Issue of refunds up to Rs.5,000/- or with outstanding arrear up to Rs.5000/- in Non-CASS cases without adjustment for AYs 2013-14, 2014-15
</description>
</item>
<item>
<title>
Penalty 2711c-TDS, service tax deposited late after return filing
</title>
<pubDate>Thu, 14 Jan 2016 14:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/penalty-2711c-late-deposit-tds-service-tax-not-added-back-40ia-43b-in-computation.html
</link>
<description>
Penalty u/s 271(1)(c) for failure to add back expenses u/s 40ia 43b in income tax computation when TDS, service tax deposited late after return filing date
</description>
</item>
<item>
<title>
Penalty 271B for non tax-audit of CA partner salary/remuneration
</title>
<pubDate>Thu, 14 Jan 2016 13:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/penalty-271b-non-tax-audit-44ab-of-salary-remuneration-of-practicing-ca-partner.html
</link>
<description>
Penalty 271B for non tax-audit u/s 44AB of salary/remuneration of CA partner not imposable u/s 273B for bonafide belief of non tax-audit requirement
</description>
</item>
<item>
<title>
ICAI CPE hours compliance extension calendar Year 2015 to 31032016
</title>
<pubDate>Thu, 14 Jan 2016 12:10:00 GMT</pubDate>
<link>
https://abcaus.in/icai/cpe-hour-compliance-requirement-extension-for-calendar-year-2015-to-31032016.html
</link>
<description>
ICAI CPE hours compliance requirement extension for calendar Year 2015. Last date extended from 31-12-2015 to 31-03-2016
</description>
</item>
<item>
<title>
Do you watch TV popular insult comedy shows-What is the limit?
</title>
<pubDate>Wed, 13 Jan 2016 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/comedy-show/limit-of-comedy-mimicry-actors-desist-watching-popular-insult-comedy-shows.html
</link>
<description>
Desist from watching and promoting TV popular insult comedy shows that have grown like a menace. What should be the limit of the comedy/mimicry artists
</description>
</item>
<item>
<title>
ITAT Rule 27-Condition Precedent and Scope of Interference
</title>
<pubDate>Wed, 13 Jan 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-explain-rule-27-conditions-precedent-scope-of-interference-illustration.html
</link>
<description>
ITAT explains and illustrates Rule-27 of ITAT Rules 1963. Two Essential Elements are Condition Precedent and Scope of Interference
</description>
</item>
<item>
<title>
Guidelines/Procedure for e-payment of Refund/Rebates-CBEC
</title>
<pubDate>Wed, 13 Jan 2016 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/cbec/guidelines-procedure-for-e-payment-refunds-rebates-excise-custom-servicetax.html
</link>
<description>
General Guidelines/Procedure for Implementation of e-payment of Refund/Rebates of Exceise, Custom and Service Tax through authorized banks CBEC Circular
</description>
</item>
<item>
<title>
Seal-Stamp not required on PAN application/ Correction Form 49A-A
</title>
<pubDate>Wed, 13 Jan 2016 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/seal-stamp-not-required-on-pan-application-correction-form-49aa-from-non-individuals.html
</link>
<description>
Seal or Stamp not required on PAN application from 49A, 49AA or Form for Change or Correction from non-individuals-TIN-NSDL Clarification
</description>
</item>
<item>
<title>
Dissenting shareholders Exit opportunity under Cos Act 2013-SEBI
</title>
<pubDate>Tue, 12 Jan 2016 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/exit-opportunity-to-dissenting-shareholders-under-companies-act-2013.html
</link>
<description>
Exit opportunity to dissenting shareholders under Companies Act, 2013, Review of prudential limits on investments by Mutual Funds-SEBI Board Meeting
</description>
</item>
<item>
<title>
Depreciation on NSE BSE Stock Exchange Card-Allowability
</title>
<pubDate>Tue, 12 Jan 2016 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/depreciation-on-nse-bse-stock-exchange-card-allowability.html
</link>
<description>
Depreciation u/s 32(1)(ii) on NSE Stock Exchange Card allowed by ITAT following Supreme Court Judgment
</description>
</item>
<item>
<title>
PF Contribution 5 days Grace Period for payment withdrawn
</title>
<pubDate>Mon, 11 Jan 2016 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/epfo/pf-contribution-concessional-grace-period-of-five-days-withdrawn-epfo-circular.html
</link>
<description>
PF Contribution concessional grace period of 5 days removed. Employers now required to pay contributions by 15th of the month-EPFO Circular
</description>
</item>
<item>
<title>
Delhi High Court refuses to interfere with Odd Even Car Scheme
</title>
<pubDate>Mon, 11 Jan 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/delhi-govt/delhi-high-court-refuses-to-interfere-with-odd-even-day-car-scheme-15012016.html
</link>
<description>
Delhi High Court refuses to interfere with Odd Even Car Scheme of Kejriwal Delhi Government which is to continue till 15-01-2016. Download Full Judgment
</description>
</item>
<item>
<title>
Satisfaction for Disallowance us/ 14A to be by Assessing Officer Only
</title>
<pubDate>Mon, 11 Jan 2016 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/disallowance-14a-satisfaction-to-be-recorded-by-ao-only-cit-appeals-no-power-to-correct-defect.html
</link>
<description>
For making Disallowance us/ 14A, satisfaction is to be recorded by Assessing Officer only. CIT(A) have no power to correct such jurisdictional defects-ITAT
</description>
</item>
<item>
<title>
ICAI- MEF Draft Bank Branch Auditors Panel 2015-16
</title>
<pubDate>Sun, 10 Jan 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai-mef/draft-bank-branch-auditors-panel-2015-16.html
</link>
<description>
ICAI-Multi Purpose Empanelment Form MEF Draft Bank Branch Auditors Panel for the year 2015-16
</description>
</item>
<item>
<title>
Film Abandonment expenses written off disallowed being in stock
</title>
<pubDate>Sun, 10 Jan 2016 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/abondoned-film-written-off-continued-stock-in-trade-revenue-expenses-disallowed.html
</link>
<description>
Film abandoned written off but continued in stock in trade. Assessee cannot claim something in income return and follow something in books of account-ITAT
</description>
</item>
<item>
<title>
Revision 263 without specifying how disallowance us 14A wrong
</title>
<pubDate>Sun, 10 Jan 2016 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/revision-order-263-rejecting-disallowance-14a-made-voluntarily-without-basis-unjustified.html
</link>
<description>
Revision order u/s 263 unjustified without specifying how disallowance u/s 14A would be more than voluntarily made and disclosed by the assessee itself-ITAT
</description>
</item>
<item>
<title>
illness accident reasonable cause for condoning delay in appeal filing
</title>
<pubDate>Sun, 10 Jan 2016 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/condonation-of-delay-in-appeal-filing-counsel-illnes-accident-reasonable-cause.html
</link>
<description>
Condonation of delay in filing appeal-illness and accident of the counsel drafting the appeal held as reasonable cause by ITAT
</description>
</item>
<item>
<title>
Self-made vouchers ad-hoc disallowance for labour charges
</title>
<pubDate>Sat, 09 Jan 2016 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/self-made-vouchers-disallowance-for-labour-charges-without-pointing-any-defects.html
</link>
<description>
Ad-hoc disallowance for labour charges without pointing out any specific defect in self-made vouchers and wage-sheets produced not justified-ITAT
</description>
</item>
<item>
<title>
Changes in the APAR format of assessing officers-CBDT
</title>
<pubDate>Sat, 09 Jan 2016 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/changes-in-apar-format-of-assessing-officers.html
</link>
<description>
Changes in the APAR format-performance of assessing officers to be measured for quality of assessment, pace of disposal, and efforts widening of tax base
</description>
</item>
<item>
<title>
No penalty 271B for 44AB non-audit of preceding assessment years
</title>
<pubDate>Sat, 09 Jan 2016 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-penalty-271b-tax-audit-44ab-failure-for-non-audit-preceedng-assessment-years.html
</link>
<description>
No penalty imposable u/s 271B where assessee could not comply with tax audit provisions u/s 44AB because of non-audit of preceding assessment years-ITAT
</description>
</item>
<item>
<title>
How to protect tax financial information over internet from scams
</title>
<pubDate>Sat, 09 Jan 2016 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/how-to-protect-tax-financial-information-from-internet-scam-best-practices-by-irs-usa.html
</link>
<description>
How to protect your tax and financial information over internet from scams, impersonators-suggestions by Internal Revenue Services, (IRS) USA
</description>
</item>
<item>
<title>
Mobile tower roof/terrace installation rent house property income
</title>
<pubDate>Fri, 08 Jan 2016 15:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/mobile-tower-installation-rent-at-roof-terrace-chargeable-as-house-property-income.html
</link>
<description>
Rent for installation of cellular/mobile tower at the roof/terrace is chargeable to tax under the head income from house property not other sources-ITAT
</description>
</item>
<item>
<title>
Even ex-parte CIT-A order to state reasons determination points
</title>
<pubDate>Fri, 08 Jan 2016 15:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cit-appeal-order-even-ex-parte-us-2506-to-state-reasons-points-of-determination.html
</link>
<description>
CIT-Appeals u/s 250(6) passing an order even ex parte is required to dispose appeal stating points for determination decision thereon and the reason-ITAT
</description>
</item>
<item>
<title>
Penalty u/s 221 rws 140A3 non-payment of self assessment tax
</title>
<pubDate>Fri, 08 Jan 2016 15:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/penalty-221-140a3-non-payment-self-assessment-tax-before-filing-return-of-income.html
</link>
<description>
Levy of Penalty u/s 221 rws 140A(3) for non-payment of self assessment tax before filing return of income ITR due to financial hardship deleted-ITAT
</description>
</item>
<item>
<title>
Capital gain deduction us 54F two adjacent joined together flats
</title>
<pubDate>Fri, 08 Jan 2016 03:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/capital-gain-deduction-54f-ltcg-for-two-joint-together-adjacent-flats-allowable.html
</link>
<description>
Capital gain deduction u/s 54F for two joined together, adjacent flats is not violation of condition of not more than one residential house-ITAT
</description>
</item>
<item>
<title>
Dharamshala room rent charges not business activity u/s 2(15)
</title>
<pubDate>Thu, 07 Jan 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/dharamshala-room-rent-charges-not-business-activity-us-215-but-chartitable-service.html
</link>
<description>
Dharamshala room rent charges not business activity u/s 2(15) as dominant motive not profit but charitable service providing affordable rate accommodation
</description>
</item>
<item>
<title>
TDS lower rate deduction u/s 197 on system generated certificate
</title>
<pubDate>Thu, 07 Jan 2016 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tds-lower-rate-deduction-us-197-on-production-of-systen-generated-certificate-only.html
</link>
<description>
Lower rate TDS deduction on production of system generated certificate u/s 197 only to avoid defaults for wrong quoting of certificate number-CPC TDS
</description>
</item>
<item>
<title>
Settlement commission lacks power to direct special audit u/s 142(2A)
</title>
<pubDate>Thu, 07 Jan 2016 09:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/settlement-commision-lacks-power-to-direct-special-audit-us1422a-delhi-hc.html
</link>
<description>
Settlement commission lacks power to direct special audit u/s 142(2A) in the course of settlement proceedings under Chapter XIX-A of Income Tax Act, 1961
</description>
</item>
<item>
<title>
Partner Interest Remuneration 40b allowed from surrendered income
</title>
<pubDate>Wed, 06 Jan 2016 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/partners-remuneration-interest-40b-allowability-from-surrendered-undisclosed-income.html
</link>
<description>
Interest and Remuneration u/s 40(b) to Partners allowable from the undisclosed business income surrendered during survey and added to book profit-ITAT
</description>
</item>
<item>
<title>
Cash Credits us 68 Expecting assessee produce party unreasonable
</title>
<pubDate>Wed, 06 Jan 2016 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cash-credits-68-once-initial-onus-dischaged-expecting-assessee-produce-parties-unreasonable.html
</link>
<description>
Once initial onus u/s 68 is discharged, expecting assessee produce parties physically before AO unreasonable. He can use his powers if any doubt-Delhi HC
</description>
</item>
<item>
<title>
Black Money Act-Collections of Rs 2,428.4 crores upto 31-12-2015
</title>
<pubDate>Wed, 06 Jan 2016 09:00:00 GMT</pubDate>
<link>
https://abcaus.in/black-money-act-2015/collections-till-31122015-fall-short-amount-involved-in-september-declarations.html
</link>
<description>
Black Money Act-Rs 2,428.4 crores received as tax and penalty upto 31-12-2015. Collections fall short by 41.69% of declaration of September, 2015
</description>
</item>
<item>
<title>
Black Money Act-Collections of Rs 2,428.4 crores upto 31-12-2015
</title>
<pubDate>Wed, 06 Jan 2016 09:00:00 GMT</pubDate>
<link>
https://abcaus.in/black-money-act-2015/collections-till-31122015-fall-short-amount-involved-in-september-declarations.html
</link>
<description>
Black Money Act-Rs 2,428.4 crores received as tax and penalty upto 31-12-2015. Collections fall short by 41.69% of declaration of September, 2015
</description>
</item>
<item>
<title>
Official Twitter Account Handle of Income Tax Department India
</title>
<pubDate>Wed, 06 Jan 2016 09:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/official-twitter-account-handle-of-income-tax-department-india.html
</link>
<description>
Official Twitter Account Handle of Income Tax Department India. Initially it will consist of press releases and dissemination of information
</description>
</item>
<item>
<title>
No Penalty u/s 271(1)(c) income/additions made on estimated basis
</title>
<pubDate>Tue, 05 Jan 2016 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-penalty-2711c-when-income-determined-additions-made-on-estimated-basis.html
</link>
<description>
Penalty u/s 271(1)(c) can not be imposed when addition made or income determined is on estimated basis and it is a settled legal position-ITAT
</description>
</item>
<item>
<title>
Negotiable Instruments Amendment Bill 2015 from 15-06-2015
</title>
<pubDate>Tue, 05 Jan 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/cheque-dishonour/negotiable-instrument-amendment-bill-2015-effective-from-15062015.html
</link>
<description>
Negotiable Instruments Amendment Bill 2015 applicable from 15-06-2015 seek to clarify jurisdictional issues in cheque dishonour cases as per SC Judgment
</description>
</item>
<item>
<title>
ICAI Convocation on 24-01-2016 CAs enrolled during April-Sep 2015
</title>
<pubDate>Tue, 05 Jan 2016 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/convocation-to-be-held-on-24012016-ca-members-enrolled-during-april-september-2015.html
</link>
<description>
ICAI Convocation to be held on 24-01-2016 in 11 cities for distributing certificates to newly qualified members enrolled during April 2015 to September 2015
</description>
</item>
<item>
<title>
India tops Worst Botnet, ranks 6th in Worst Spam Countries
</title>
<pubDate>Tue, 05 Jan 2016 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/email-anti-spam-policy/india-tops-worst-botnet-spam-country-lacks-regulations-can-spam-act.html
</link>
<description>
India tops the 10 Worst Botnet Countries and ranks 6th in 10 Worst Email Spam Country as per Spamhaus Project. High-time for Anti Spam Regulations
</description>
</item>
<item>
<title>
Penalty 2711c-assessee during assessment himself revised calculations
</title>
<pubDate>Mon, 04 Jan 2016 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/penalty-2711c-during-assessment-proceedings-himself-revised-calculations-informed-ao.html
</link>
<description>
No Penalty 2711c if assessee during assessment proceedings himself and voluntarily revised calculations and brought to Assessing Officer notice-ITAT
</description>
</item>
<item>
<title>
Penalty 272A2k Delayed TDS Return due to Funds Shortage deleted
</title>
<pubDate>Mon, 04 Jan 2016 13:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/penalty-272a2k-tds-return-delay-due-to-funds-shortage-deposited-with-interest-273b.html
</link>
<description>
Penalty u/s 272A(2)(k) deleted for delay in filing TDS returns due to shortage of funds and TDS deposited with interest being reasonable cause u/s 273B
</description>
</item>
<item>
<title>
CPC TDS-Improvements in TDS Compliance during the Year 2015
</title>
<pubDate>Mon, 04 Jan 2016 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cpc-tds-compliance-improvements-year-2015-timely-payment-filing-defaults-invalid-pans.html
</link>
<description>
CPC TDS-Compliance Improvements during the Year 2015. Timely Payment-Filing, Outstanding TDS Defaults and Invalid PANs-TDS Compliant Year-2015
</description>
</item>
<item>
<title>
Guidance Note-Reporting requirements FATCA CRS u/s 114F-114H-CBDT
</title>
<pubDate>Mon, 04 Jan 2016 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/guidance-note-reporting-requirements-fatca-crs-rule-114f-114g-114h-compliance.html
</link>
<description>
Guidance Note-Reporting requirements of Foreign Account Tax Compliance Act FATCA, Common Reporting Standard CRS u/s 114F-114H-CBDT
</description>
</item>
<item>
<title>
Excel Service Tax Payment Challan GAR7. Database and SBC Codes
</title>
<pubDate>Mon, 04 Jan 2016 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/index_files/excelservicetaxchallangar7.htm
</link>
<description>
Excel Service Tax Challan GAR-7 with database facility and Swachh Bharat Codes (SBC) download revised version 2016
</description>
</item>
<item>
<title>
Simultaneous deductions allowability u/s 80HHC 80IA/80IB-SC
</title>
<pubDate>Sun, 03 Jan 2016 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/simultaneous-deductions-under-section-80hhc-80ia-80ib-supreme-court-judgment.html
</link>
<description>
Simultaneous deductions under Section 80HHC and 80-IA/80IB Question of allowability referred to Supreme Court larger bench
</description>
</item>
<item>
<title>
Advance booking amount for plots sale-additions u/s 68 deleted
</title>
<pubDate>Sun, 03 Jan 2016 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/advance-land-plot-booking-instalment-amount-addition-made-cash-credit-68-deleted.html
</link>
<description>
Advance booking instalment amount for sale of land plots from customer. Additions made u/s 68 as unexplained cash credit deleted-ITAT
</description>
</item>
<item>
<title>
Penalty order limitation period 2751c from first show cause notice
</title>
<pubDate>Sun, 03 Jan 2016 11:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/penalty-order-limitation-period-2751c-from-date-of-first-show-cause-notice-issuance.html
</link>
<description>
Limitation period of Six Months u/s 275(1)(c) for passing penalty order has to be computed from the date of issuance of first show cause notice-ITAT
</description>
</item>
<item>
<title>
Admission of additional grounds purely legal going to the root
</title>
<pubDate>Sun, 03 Jan 2016 11:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/admission-of-additional-grounds-purely-legal-nature-going-to-root-of-the-matter-itat.html
</link>
<description>
Admission of additional grounds purely legal in nature, going to the root of matter and requiring no new facts should be accepted for adjudication-ITAT
</description>
</item>
<item>
<title>
Wrong CA advice reasonable ground for appeal delay condonation
</title>
<pubDate>Sun, 03 Jan 2016 11:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/wrong-advice-ca-counsel-reasonable-ground-condonation-delay-appeal-cross-objection.html
</link>
<description>
Wrong-non advice by chartered accountant counsel was a reasonable ground for condonation of the delay in filing the cross objections/appeals-ITAT
</description>
</item>
<item>
<title>
Powers Delegation to RD to Receive Inspection Report u/s 208-MCA
</title>
<pubDate>Fri, 01 Jan 2016 12:30:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/delegation-regional-director-power-receive-inspection-inquiry-report-us-208.html
</link>
<description>
Delegation Central Government Powers to Regional Directors to Receive Inspection/Inquiry Report under section 206/207/208 of Companies Act 2013-MCA
</description>
</item>
<item>
<title>
House Property annual value based on magicbricks.com quashed
</title>
<pubDate>Fri, 01 Jan 2016 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/house-property-annual-value-computation-taking-magicbricks-website-rent-rates-quashed.html
</link>
<description>
House property annual value computation based on Rental Rate available at magicbricks.com website instead of municipal valuation quashed-ITAT
</description>
</item>
<item>
<title>
Bank Matured Term deposits become demand deposits-no TDS-194A
</title>
<pubDate>Fri, 01 Jan 2016 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/bank-matured-term-demand-deposits-savings-bank-interest-rates-tds-194a-not-applicable.html
</link>
<description>
Bank Term deposits on maturity become demand deposits qualifying for savings bank interest rate as per RBI guidelines hence TDS u/s 194A(1) not applicable
</description>
</item>
<item>
<title>
Penalty 271(1)(c) under MAT Assessment 115JB/115JC-CBDT
</title>
<pubDate>Fri, 01 Jan 2016 05:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/penalty-2711c-additions-assessment-tax-us-115jb-115jc-prior-ay-201617-cbdt-circular.html
</link>
<description>
Penalty 271(1)(c) for additions/disallowances made but assessment under MAT provisions u/s 115JB/115JC prior to AY 2016-17-CBDT Circular-25-2015
</description>
</item>
<item>
<title>
Satisfaction Recording u/s 158BD/153C to be as per SC Guidelines
</title>
<pubDate>Thu, 31 Dec 2015 15:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/recording-of-satisfaction-note-us-158bd-153c-as-per-supreme-court-guidelines-cbdt-circular.html
</link>
<description>
Recording Satisfaction Note u/s 158BD/153C of the Income Tax Act to be as per Supreme Court Guidelines in Calcutta Knitwears Case-CBDT Circular 24/2015
</description>
</item>
<item>
<title>
New Rule 114E Annual Information Return AIR u/s 285BA-Form-61A
</title>
<pubDate>Thu, 31 Dec 2015 15:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/annual-information-return-air-new-rule-114e-us-285ba-information-statement-form-61a.html
</link>
<description>
New Rule 114E for Annual Information Return (AIR) u/s 285BA. Statement of Financial Transaction to be in Furnished in Form-61A- CBDT Notification-95/2015
</description>
</item>
<item>
<title>
PAN Verification under New Rule 114D and Form 60 Statement
</title>
<pubDate>Thu, 31 Dec 2015 15:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/pan-verification-under-new-pan-rules-114c-statement-of-form-60-information-rule-114d.html
</link>
<description>
Verification of PAN as per New Rules 114B and Form 60 Statement to be Furnished. Rule 114C and 114D-CBDT Notification-95/2015
</description>
</item>
<item>
<title>
New PAN Rules 114B applicable 01-01-2016. CBDT Notification-95/2015
</title>
<pubDate>Thu, 31 Dec 2015 15:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/new-pan-rules-114b-applicable-from-01012016-cbdt-notification-95-2015.html
</link>
<description>
New PAN Rules 114B for quoting in Specified Transactions applicable from 01-01-2016. Verification of PAN and Statement in Form No. 60 and 61
</description>
</item>
<item>
<title>
CBDT-Streamlining Scrutiny Assessment and e-communication Initiatives
</title>
<pubDate>Thu, 31 Dec 2015 12:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/streamlining-scrutiny-assessment-proceedings-facilitating-e-communication-cbdt.html
</link>
<description>
CBDT Initiatives taken for Streamlining Scrutiny Assessment Proceedings and Facilitating Electronic Communication for fair and transparent tax administration
</description>
</item>
<item>
<title>
New PAN rules for specified transactions effective from 01012016
</title>
<pubDate>Thu, 31 Dec 2015 12:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/new-pan-quoting-rules-effective-from-01012016-sal-purchase-over-2-lakhs-covered.html
</link>
<description>
New PAN quoting rules 114B are applicable from 01-01-2016. Sale/Purchase Transactions exceeding Rs. 2 Lakhs covered
</description>
</item>
<item>
<title>
Non carrying activities per se not Business discontinued/closure
</title>
<pubDate>Thu, 31 Dec 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/business-activities-not-carried-out-during-year-not-closure-discontinuance-perse.html
</link>
<description>
Business activities not carried out during year per se cannot lead to conclusion that business was discontinued or closed, disallowance made deleted-ITAT
</description>
</item>
<item>
<title>
Notice u/s 147ultra vires if time to serve u/s 143(2) not expired
</title>
<pubDate>Thu, 31 Dec 2015 04:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/reassessment-notice-us-147-ultra-vires-where-time-to-serve-notice-1432-not-expired.html
</link>
<description>
Incometax Reassessment Proceedings initiated u/s 147 held ultra vires where time to issue scrutiny notice u/s 143(2) by Assessing Officer had not expired.
</description>
</item>
<item>
<title>
MGT-7 Annual Return AOC-4 Date Extension-Tamil Nadu and Puducherry
</title>
<pubDate>Wed, 30 Dec 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/extension-mgt7-aoc-4-filing-date-to-30012016-for-tamilnadu-puducherry.html
</link>
<description>
Extension of last date for filing MGT-7 Annual Return and AOC-4 Financial Statement in the State of Tamil Nadu and UT of Puducherry-MCA Circular 16-2015
</description>
</item>
<item>
<title>
Step-wise Procedure Electronic Appeal CIT-Appeals Form-35 Filing
</title>
<pubDate>Wed, 30 Dec 2015 14:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/step-wise-procedure-guide-filing-electronic-appeal-before-cit-appeals-form-35.html
</link>
<description>
Step-wise Procedure for Filing Electronic Appeal before CIT-Appeals in Form No. 35. How to File Guide for those required to e-file ITRs
</description>
</item>
<item>
<title>
E-filing First Appeal before CIT-A mandatory for e-ITR filers-CBDT
</title>
<pubDate>Wed, 30 Dec 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/electronic-filing-first-appeal-before-cit-appeals-mandatory-for-person-required-to-file-e-returns.html
</link>
<description>
Electronic filing of first appeal before CIT(Appeals) mandatory for persons required to file the return of income-ITR electronically-CBDT Press Release
</description>
</item>
<item>
<title>
Penalty u/s 221 TDS/Interest deposit delay in cash crunch deleted
</title>
<pubDate>Wed, 30 Dec 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/penalty-221-delay-tds-late-interest-not-imposable-for-genuine-cash-cruch-reasonable-cause.html
</link>
<description>
Penalty u/s 221 for delay in TDS/Late Interest deposit could not be levied due to genuine cash crunch which was reasonable and sufficient cause-ITAT
</description>
</item>
<item>
<title>
Deduction u/s 54EC on transfer of depreciable assets allowable
</title>
<pubDate>Wed, 30 Dec 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/deduction-54ec-on-depreciable-assets-allowable-short-term-capital-gain-stcg-section-50.html
</link>
<description>
Deduction u/s 54EC on depreciable assets transfer allowable despite that it is short term capital gain STCG under section 50 of Income Tax Act 1961-ITAT
</description>
</item>
<item>
<title>
CBDT Memebers work distribution wef 29-12-2015
</title>
<pubDate>Wed, 30 Dec 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdtmemberszonedistribution.html
</link>
<description>
CBDT modification in the Work distribution among members from 29-12-2015-Order No 249/2015
</description>
</item>
<item>
<title>
CASS Scrutiny-important issues, assessment scope CBDT Instruction
</title>
<pubDate>Tue, 29 Dec 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cass-scrutiny-enquiry-scope-important-issues-limited-complete-scrutiny-cbdt-instruction.html
</link>
<description>
Cases selected under Computer Aided Scrutiny Selection CASS, Important issues, scope of enquiry, Limited and Complete Scrutiny-CBDT Instruction-20/2015
</description>
</item>
<item>
<title>
Initial scrutiny notice to be issued with questionnaire-CBDT Instruction
</title>
<pubDate>Tue, 29 Dec 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/scrutiny-notice-to-be-issued-with-questionnaire-of-information-documents-required-cbdt.html
</link>
<description>
Initial scrutiny notice u/s 143(2) 142(1) to be accompanied by questionnaire with details of documents information to be furnished-CBDT Instruction-19/2015
</description>
</item>
<item>
<title>
Penalty 272B for quoting wrong PAN in TDS returns deleted-ITAT
</title>
<pubDate>Tue, 29 Dec 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/penalty-272b-quoting-wrong-pan-139a-tds-quarterly-return-rectified-subsequently-itat.html
</link>
<description>
Penalty 272B for quoting wrong PAN u/s 139A in TDS returns. Mistake not on account of assessee and rectified when correct PAN Numbers furnished by deductees
</description>
</item>
<item>
<title>
No LPG Subsidy Benefit on Taxable Income exceeding Ten Lakhs
</title>
<pubDate>Mon, 28 Dec 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-lpg-subsidy-benefit-taxable-income-exceeding-ten-lakh-consumers-spouse.html
</link>
<description>
No LPG subsidy benefit on taxable income exceeding Ten Lakhs for consumer or his/her spouse in previous financial year-Press Release
</description>
</item>
<item>
<title>
Joint Owners Housing loan Interest Deduction u/s 24(b) Percentage
</title>
<pubDate>Mon, 28 Dec 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/housing-loan-interest-24b-deduction-joint-owner-percentage-individual-share-not-specified.html
</link>
<description>
If house purchased from common funds of joint-owners, individual shares not specified then housing loan Interest u/s 24b is allowed in equal percentage-PH HC
</description>
</item>
<item>
<title>
No TDS u/s 194A on Fixed deposits in Court Registrar Name
</title>
<pubDate>Mon, 28 Dec 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-tds-194a-fixed-deposits-in-registrar-general-name-by-courts-direction-cbdt-circular.html
</link>
<description>
No TDS u/s 194A on Fixed deposits in the name of Registrar General on the directions of the Court till the recipient determined-CBDT Circular 23/2015
</description>
</item>
<item>
<title>
Kelkar Committee Report PPP Infrastructure Model Download
</title>
<pubDate>Mon, 28 Dec 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/finmin//kelkar-committee-report-infrastructure-development-ppp-model-key-highlights-recommendations.html
</link>
<description>
Dr Kelkar Committee Report on Revisiting and Revitalising the PPP Model of Infrastructure Development-Key Highlights and Key Recommendations
</description>
</item>
<item>
<title>
Legality of notice u/s 153C in Remand proceedings-Allahabad HC
</title>
<pubDate>Mon, 28 Dec 2015 09:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/legality-notice-us-153c-remand-proceedings-cit-appeals-order-not-challenged-before-itat.html
</link>
<description>
Where appellant did not challenge CIT(A) order before ITAT, in remand proceedings on Revenues appeal, legality of notice u/s 153C can not be considered
</description>
</item>
<item>
<title>
Claim not made in return can be made before appellate authority
</title>
<pubDate>Sun, 27 Dec 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/deduction-not-claimed-in-return-of-income-can-be-made-before-appeallate-authorities.html
</link>
<description>
Deduction even if not claimed in return of income tax or before assessing officer, can be made before appellate authorities including CIT(Appeals)-ITAT
</description>
</item>
<item>
<title>
Deduction u/s 54(1) available even if construction incomplete
</title>
<pubDate>Sun, 27 Dec 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/deduction-541-available-even-if-construction-possession-deed-not-complete-taken-made.html
</link>
<description>
Deduction u/s 541 available even if construction of residential house not complete, possession not taken or not transferred in the name of assessee-ITAT
</description>
</item>
<item>
<title>
TDS Lower Deposit Self-Declaration-How to submit reply to Notice
</title>
<pubDate>Sun, 27 Dec 2015 12:30:00 GMT</pubDate>
<link>
https://abcaus.in/tdscpc/tds-lower-deposit-self-declaration-submit-response-cpc-notice-period-01042015-to-15102015.html
</link>
<description>
TDS Lower deposit Self Declaration. Procedure to submit response to Centralized Processing Cell CPC-TDS Notices for the period 01-04-2015 to 15-10-2015
</description>
</item>
<item>
<title>
Merchant Banker, Investment Advisory Services not ALP comparable
</title>
<pubDate>Sun, 27 Dec 2015 08:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/merchant-banker-investment-advisory-services-not-comparable-for-alp-computation.html
</link>
<description>
Merchant Banker and Investment Advisory Services not comparable for Arm Length Price ALP Computation for International Transaction-ITAT
</description>
</item>
<item>
<title>
No Penalty 2711c-Quantum Proceedings Additions Remanded Back
</title>
<pubDate>Sat, 26 Dec 2015 13:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/penalty-2711c-when-impugned-additions-in-quantum-proceedings-remanded-back-to-ao.html
</link>
<description>
No Penalty u/s 271(1)(c) can be imposed when impugned additions made in quantum proceedings remanded back to the file of assessing officer-ITAT
</description>
</item>
<item>
<title>
TDS Liability 194C covers all contracts-written, oral, implied, or quasi
</title>
<pubDate>Sat, 26 Dec 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tds-liability-us-194c-covers-not-only-written-contracts-but-oral-implied-quasi-also.html
</link>
<description>
TDS liability u/s 194C is attached to all contracts, written oral, implied or quasi contracts. Intermediaries arranging transport treated sub-contractors
</description>
</item>
<item>
<title>
Construction contract retention money taxable when become payable
</title>
<pubDate>Fri, 25 Dec 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/retention-money-construction-contracts-taxable-in-year-it-become-payable-as-per-terms.html
</link>
<description>
Construction contract retention money withheld for satisfactory completion taxable in the year it become payable after defect liability was over
</description>
</item>
<item>
<title>
Book fair tickets sale stall rent not trade/commerce u/s 2(15)
</title>
<pubDate>Fri, 25 Dec 2015 12:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/book-fair-ticket-sale-stall-rent-not-trade-us-215-for-denial-of-exemption-us-11-12.html
</link>
<description>
Book fair tickets sale stall rent income not trade/commerce u/s 2(15) for denial of exemption u/s 11-12. Depreciation not applicable to charitable activities
</description>
</item>
<item>
<title>
Disallowance Interest 361iii Concessional Loans by Cold Storage
</title>
<pubDate>Fri, 25 Dec 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/interest-disallowance-361iii-concessional-rate-loan-to-farmers-by-cold-storage-owner.html
</link>
<description>
Disallowance of Interest u/s 36(1)(iii) to Cold Storage Owner for Concessional Interest Rate Loans to Farmers in Business Expediency deleted by ITAT
</description>
</item>
<item>
<title>
Delhi Odd Even Car Day-wise Formula from 1st to 15 January 2015
</title>
<pubDate>Thu, 24 Dec 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/delhi-govt/odd-even-day-wise-car-formula-from-1st-to-15-january-blueprint-exemptions-fine.html
</link>
<description>
Kejriwal Delhi Government Odd Even Car Formula Blue-print from 1st to 15 January 2015 for Curbing Pollution. Day wise, Exemptions and Fine for Violation
</description>
</item>
<item>
<title>
ICAI Rs. 1000 Quick Heal Offer Expiring 31122015. Top Test Results
</title>
<pubDate>Thu, 24 Dec 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/quick-heal-offer-31122015-see-test-results-of-top-anti-virus-software-make-right-decision.html
</link>
<description>
ICAI Rs. 1000/- Quick Heal Offer Expiring 31-12-2015. See Top Anti-virus Software Test Results and Make Right Decision. Go for Protection not the Price
</description>
</item>
<item>
<title>
Disallowance 40A(3) wages cash payments under labour union pressure
</title>
<pubDate>Thu, 24 Dec 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/disallowance-40a3-wage-arrear-cash-payment-under-labour-union-pressure.html
</link>
<description>
Disallowance u/s 40A(3) for wage arrears payment in cash under labour union pressure where bearer cheques deposited directly in bank account of the payee
</description>
</item>
<item>
<title>
UP Dying-in-Harness Rules 1974 to include married daughters also
</title>
<pubDate>Thu, 24 Dec 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/allahabad-high-court/up-dying-harness-rule-family-include-married-daughters-compensatory-appointment.html
</link>
<description>
UP Dying-in-Harness Rules 1974 to include even married daughters for compensatory appointment. Exclusion struck down as illegal by Allahabad High Court
</description>
</item>
<item>
<title>
CBDT-Income Tax Notice letters to contain email phone numbers
</title>
<pubDate>Wed, 23 Dec 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/notices-letters-communication-to-contain-email-telephone-numbers-of-signing-officers-cbdt.html
</link>
<description>
CBDT-Income Tax Notice/letter/communication to contain email, phone numbers of officers signing it for facilitating tax-payers electronic interface with Department
</description>
</item>
<item>
<title>
MAT u/s 115JB not applicable to foreign company From 01-04-2001
</title>
<pubDate>Wed, 23 Dec 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/mat-provisions-115jb-not-applicable-to-foreign-companies-fiis-fpis-from-01042001-cbdt.html
</link>
<description>
MAT Provisions u/s 115JB not applicable to foreign company (including an FII/FPI From 01-04-2001 subject to DTAA/Companies Act-CBDT Instruction 18/2015
</description>
</item>
<item>
<title>
Professional Fee TDS Certificate/26AS difference with returned income
</title>
<pubDate>Wed, 23 Dec 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/difference-income-tds-certificate-26as-return-payer-not-claimed-payments-as-expenses.html
</link>
<description>
ITAT-No Addition for professional Fee Income in TDS Certificate/26AS and returned income difference where payments not claimed as expenses by Payer
</description>
</item>
<item>
<title>
Draft Guideline-Place of Effective Management Poem of Company
</title>
<pubDate>Wed, 23 Dec 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/draft-guidelines-determination-place-effective-management-poem-company-residence.html
</link>
<description>
Draft Guidelines for Determination of Place of Effective Management (Poem) of a Company for determination of its residential status under Income Tax Act
</description>
</item>
<item>
<title>
RBI-Dedicated helpline email guidance in cross-border forex transactions
</title>
<pubDate>Tue, 22 Dec 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/dedicated-helpline-email-for-guidance-in-cross-border-forex-transactions-within-regulation.html
</link>
<description>
RBI-Dedicated helpline Email for start-ups for guidance/assistance for undertaking cross-border forex transactions within Foreign Exchange Management regulations
</description>
</item>
<item>
<title>
ICAI Revised Eligibility to engage articled assistants-Regulation 43
</title>
<pubDate>Tue, 22 Dec 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/revised-eligibility-to-engage-article-assistant-by-ca-in-practice-salaried-employment-regulation-43.html
</link>
<description>
ICAI-Revised Eligibility to engage articled assistants by Chartered Accountants in full time practice or in salaried employment under Regulation 43
</description>
</item>
<item>
<title>
Deemed dividend u/s 2(22)(e) includes Loan to concerns/companies also
</title>
<pubDate>Tue, 22 Dec 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/deemed-dividend-222e-loans-advances-to-concerns-companies-also-covered.html
</link>
<description>
ITAT-Loan to concerns/companies also deemed dividend u/s 2(22)(e) to be taxed in the hands of shareholders of such concerns in their shareholding percentage
</description>
</item>
<item>
<title>
ITAT Ahmedabad dismissed 325 Appeals for Low Tax Effect
</title>
<pubDate>Mon, 21 Dec 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-disposes-325-appeals-by-single-order-for-low-tax-effect-cbdt-instruction-21-2015.html
</link>
<description>
ITAT Ahmedabad following soma textile case, dismissed another 325 Appeals, Cross Objection by Single Order for Tax Effect lower than Rs. 10 Lakhs as per CBDT Instruction 21/2015
</description>
</item>
<item>
<title>
Uploading certified copies of Interim Orders on CLB website
</title>
<pubDate>Mon, 21 Dec 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/clb/uploading-cetified-copies-of-interim-orders-on-website-of-company-law-board.html
</link>
<description>
CLB Circular- Uploading of certified copies of Interim Orders passed by Principal/New Delhi Bench on Company Law Board website for 15 Days Period
</description>
</item>
<item>
<title>
Amount received on Carbon Credits transfer not Taxable-ITAT
</title>
<pubDate>Sun, 20 Dec 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/carbon-credit-transfer-receipts-amount-not-income-profit-hence-not-taxable.html
</link>
<description>
Carbon credits for reducing carbon emission/greenhouse effect not in the nature of profit/income, amount realized on transfer not taxable-ITAT
</description>
</item>
<item>
<title>
Excel Form 15CB as revised by CBDT Notification 93/2015
</title>
<pubDate>Sun, 20 Dec 2015 08:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometaxforms/15CAfiling-excelform15CB.html
</link>
<description>
Online filing of income tax form 15CA and new revised excel form 15CB under Rule 37BB as amended by CBT Notification 93/2015
</description>
</item>
<item>
<title>
TDS u/s 194H on Credit Card Swap Bank Charges for Goods Sale-ITAT
</title>
<pubDate>Sat, 19 Dec 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tds-commission-us-194h-credit-card-swap-bank-charges-on-sale-of-goods-not-liable.html
</link>
<description>
ITAT-No Commission TDS u/s 194H on Credit/Debit Card Swap Charges paid to Bank for Sale of Goods as It is not a payment by principal to the agent
</description>
</item>
<item>
<title>
Zonal charge distribution amongost CBDT Members wef 18-12-2015
</title>
<pubDate>Sat, 19 Dec 2015 10:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdtmemberszonedistribution.html
</link>
<description>
CBDT Order-Distribution of Zones amongst the Members of CBDT with effect from 18-12-2015
</description>
</item>
<item>
<title>
NSDL eTDS RPU Java Version 1.4 FVU 2.145 Download FY 2015-16
</title>
<pubDate>Sat, 19 Dec 2015 04:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/nsdl-etdstcs-rpu-java-version-1.4-fvu-2.145-release-q3-december-fy-2015-16-download.html
</link>
<description>
NSDL eTDS-TCS RPU 1.4 Java FVU Version 2.145 Download Latest Quarterly eTDS Statements for December Quarter FY 2015-16
</description>
</item>
<item>
<title>
MCA-Auditor to report fraud involving Rs. 1 Crores or more-Rule 13
</title>
<pubDate>Sat, 19 Dec 2015 02:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/auditors-to-report-fraud-of-rs-one-crores-or-more-rule-13-amendment-notification.html
</link>
<description>
MCA Notification-Statutory/Cost/Secretarial Auditor to report fraud involving Rs. 1 Crores or more. Amendment to Rule 13 Companies Audit/Auditors Amendment Rules, 2015
</description>
</item>
<item>
<title>
MCA-Rule 6A Omnibus annual basis related party transactions approval
</title>
<pubDate>Fri, 18 Dec 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/rule-6a-omnibus-audit-committee-approval-related-party-transactions-annual-basis.html
</link>
<description>
MCA Notification Rule 6A-Omnibus approval of Audit Committee for related party transactions on annual basis. Criteria, Factors and Period
</description>
</item>
<item>
<title>
Employer contribution u/s 43B paid on/before ITR due date allowable-CBDT
</title>
<pubDate>Fri, 18 Dec 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/employers-pf-contribution-paid-on-before-return-itr-due-date-allowable-cbdt-circular-22-2015.html
</link>
<description>
Employer\x92s contribution for employees welfare (PF etc.) allowable u/s 43B if paid on or before 'due date' of return/ITR filing-CBDT Circular 22/2015
</description>
</item>
<item>
<title>
SEBI to distribute disgorgement amount to investors affected by IPO Irregularities
</title>
<pubDate>Fri, 18 Dec 2015 02:00:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/distribution-of-disgorgement-amount-to-eligible-investors-effected-by-ipo-irregularities.html
</link>
<description>
SEBI exercising newly conferred recovery powers distributing disgorgement amount to the eligible investors affected by IPO Irregularities
</description>
</item>
<item>
<title>
Designated Income-tax authority for declaration u/s 59 Black Money Act
</title>
<pubDate>Thu, 17 Dec 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/black-money-act-declaration-foreign-assets-us-59-designated-authority-from-18122015.html
</link>
<description>
Change in Designated Income-tax authority for making declaration of undisclosed foreign assets u/s 59 of Black Money Act from 18-12-2015
</description>
</item>
<item>
<title>
CA Certificate Form 15CB Non-resident payment up to 5 Lakhs not required
</title>
<pubDate>Thu, 17 Dec 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/ca-certificate-form-15cb-not-required-up-to-5-lakhs-payment-to-non-resident-cbdt-notification.html
</link>
<description>
CA Certificate Form 15CB not required for Non-resident payments up to Rs. 5 Lakhs in Financial Year. CBDT Notification-93/2015 Amendment in Form 15CA 15CB
</description>
</item>
<item>
<title>
SC-RBI and FIs/Banks not in Fiduciary Relationship for RTI Act 2005
</title>
<pubDate>Wed, 16 Dec 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/supreme-court/rbi-financial-institutions-banks-no-fiduciary-relationship-must-provide-rti-information.html
</link>
<description>
Supreme Court-RBI and Financial Institutions/Banks do not share Fiduciary Relationship and RBI under RTI Act must provide information related to them
</description>
</item>
<item>
<title>
SC Broad Guidelines-Finalizing Collegium Memorandum of Procedure
</title>
<pubDate>Wed, 16 Dec 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/supreme-court/broad-guidelines-for-finalizing-existing-collegium-memorandum-of-procedure.html
</link>
<description>
Supreme Court lays down broad factors/guidelines for finalizing existing Collegium Memorandum of Procedure by Govt in consultation with Chief Justice
</description>
</item>
<item>
<title>
Assessment Order Revision Survives repeal u/s 81 of UP VAT Act 2008
</title>
<pubDate>Wed, 16 Dec 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/up-vat/revision-assessment-order-us-10b-1948-act-survives-repeal-under-section-81-up-vat-act-2008.html
</link>
<description>
Remedy of revision against assessment order under UP Trade Tax Act 1948 u/s 10B survives repeal by virtue of Section 81 of UP Value Added Tax Act 2008
</description>
</item>
<item>
<title>
CBDT-Collegium for withdrawal of Appeals before High Courts
</title>
<pubDate>Wed, 16 Dec 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-collegium-for-withdrawal-of-non-prosecutable-appeals-pending-before-high-courts.html
</link>
<description>
Collegium for considering withdrawal of Appeals pending before High Courts where the same are no longer considered prosecutable-CBDT Office Memorandum
</description>
</item>
<item>
<title>
CBDT-Significant decisions taken in last 3 months for better services
</title>
<pubDate>Wed, 16 Dec 2015 04:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-significant-decisions-taken-last-three-months-for-better-taxpayers-services.html
</link>
<description>
CBDT-Significant decisions taken in last 3 months providing better taxpayer services, improving ease of doing business, reducing burden of compliance
</description>
</item>
<item>
<title>
CBDT-Initiatives for reducing litigation to reduce tax-payers grievances
</title>
<pubDate>Wed, 16 Dec 2015 04:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-steps-taken-to-reduce-litigation-collegium-appeal-monetary-limit-revision.html
</link>
<description>
CBDT-Initiatives for reducing litigation to reduce grievances of the taxpayers. Appeals Monetary Limit Revisions and Collegium for withdrawal of appeals
</description>
</item>
<item>
<title>
PAN mandatory for transactions exceeding Rs 2 lakh from 01012016
</title>
<pubDate>Wed, 16 Dec 2015 02:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/quoting-pan-mandatory-transactions-exceeding-rs-2-lakhs-from-01012016-changes-rule-114b.html
</link>
<description>
CBDT-Quoting of PAN mandatory for transactions of amount exceeding Rs.2 lakh cash or cheque payments wef 01-01-2016. Changes in Rule 114B
</description>
</item>
<item>
<title>
Service tax on job work services in apparel exporter-Clarification
</title>
<pubDate>Tue, 15 Dec 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/applicability-on-job-work-services-apparel-exporters-garment-fabrication-clarification.html
</link>
<description>
Clarification on Service tax applicability on job work services received by apparel exporters in relation to fabrication of garments-Circular 190/09/2015
</description>
</item>
<item>
<title>
Tamil Nadu, Puducherry Advance Tax Last Date Extension to 31-12-2015
</title>
<pubDate>Tue, 15 Dec 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/extension-advance-tax-payment-tamilnadu-puducherry-last-date-december-31122015.html
</link>
<description>
CBDT-Tamil Nadu, Puducherry Extension of last date of payment of December installment of Advance Tax FY 2015-16 for all assessees corporate non-corporate
</description>
</item>
<item>
<title>
Deemed dividend 222e-Exempt Capital gain not accumulated profits
</title>
<pubDate>Tue, 15 Dec 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/deemed-dividend-222e-exempt-capital-gains-accumulated-profits-family-members-not-covered.html
</link>
<description>
ITAT-Exempt capital gain excluded from accumulated profits definition for the purpose of deemed dividend u/s 2(22)(e) and family members not covered
</description>
</item>
<item>
<title>
CLB-Chennai Kolkata Benches Constitution Changes from 14-12-2015
</title>
<pubDate>Tue, 15 Dec 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/clb/chennai-kolkata-benches-constitution-changes-from-14122015-to-13032015.html
</link>
<description>
CLB-Changes in the Constitution of Chennai and Kolkata Benches of Company Law Board with effect from 14-12-2015 to 12-03-2015
</description>
</item>
<item>
<title>
Scribbled notes with not be accepted 01-01-2016-RBI denies news
</title>
<pubDate>Mon, 14 Dec 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/currency-notes-with-scibbling-not-be-accepted-from-01012016-social-media-fake-message.html
</link>
<description>
RBI denies fake message circulating in Social Media that currency notes with scribbling on them shall not be accepted by public banks from 01-01-2016
</description>
</item>
<item>
<title>
Scribbled notes with not be accepted 01-01-2016-RBI denies news
</title>
<pubDate>Mon, 14 Dec 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/currency-notes-with-scibbling-not-be-accepted-from-01012016-social-media-fake-message.html
</link>
<description>
RBI denies fake message circulating in Social Media that currency notes with scribbling on them shall not be accepted by public banks from 01-01-2016
</description>
</item>
<item>
<title>
Safe Harbour Rule 10D(2A) Amendment CBDT Notification-90/2015
</title>
<pubDate>Mon, 14 Dec 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/safe-harbour-rule-10d2a-amendment-information-documents-to-be-maintained-us-92d.html
</link>
<description>
Safe Harbour Rule 10D(2A) Amendment. International/Specified Domestic Transaction Information/Documents to be Maintained u/s 92D CBDT Notification-90/2015
</description>
</item>
<item>
<title>
Difference of Income in accounts and as per TDS certificates
</title>
<pubDate>Sun, 13 Dec 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/addition-for-income-difference-in-accounts-tds-certificates-cash-mercantile-system.html
</link>
<description>
Addition deleted for difference of Income in accounts and TDS certificates due to mercantile accounting system and payer deducting TDS on cash basis-ITAT
</description>
</item>
<item>
<title>
No Penalty 271(1)(c) where revised return was accepted by AO
</title>
<pubDate>Sun, 13 Dec 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-penalty-us-2711c-where-assessee-filed-revised-return-which-was-accepted-by-ao.html
</link>
<description>
No Penalty 271(1)(c) imposable where assessee accepted bogus purchase as additional income voluntarily filed revised return which was accepted by AO-ITAT
</description>
</item>
<item>
<title>
No Penalty 271(1)(c) merely for amounts surrender by assessee
</title>
<pubDate>Sun, 13 Dec 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-penalty-us-2711c-on-amounts-surrendered-for-mental-peace-to-avoid-litigation.html
</link>
<description>
Penalty u/s 271(1)(c) can not be imposed merely because the assessee had surrendered the amounts for mental peace to avoid litigation-ITAT
</description>
</item>
<item>
<title>
CBDT Circular 21/2015 New Revised Monetary Limits Filing Appeals
</title>
<pubDate>Sat, 12 Dec 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-revised-monetary-limits-for-filing-appeals-before-itat-high-supreme-court-10122015.html
</link>
<description>
CBDT Circular 21/2015. Revised Monetary Limits (Tax effect) for Filing Appeals retrospectively before ITAT, High Courts and Supreme Court on case merits
</description>
</item>
<item>
<title>
Foreign Agent commission allowable business expenditure no TDS 195
</title>
<pubDate>Sat, 12 Dec 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/commission-paid-to-foreign-agent-allowable-business-expenditure-no-tds-us-195.html
</link>
<description>
ITAT-Payment of commission to a foreign agent is allowable business expenditure. Since agent was not operating in India, TDS u/s 195 not applicable
</description>
</item>
<item>
<title>
ITAT-Where sale is genuine, purchase cannot be bogus
</title>
<pubDate>Fri, 11 Dec 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/where-sales-is-genuine-purchases-can-not-be-bogus-disallowance-made-deleted.html
</link>
<description>
ITAT-Where sale is genuine, purchase cannot be bogus. if purchases disallowed what will happen to the corresponding sales being shown
</description>
</item>
<item>
<title>
SEBI-Basic Services Demat Account BSDA Facility
</title>
<pubDate>Fri, 11 Dec 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/facility-of-basic-services-demat-account-bsda.html
</link>
<description>
SEBI-Basic Services Demat Account BSDA facility with limited services to achieve wider financial inclusion and to encourage holding demat accounts
</description>
</item>
<item>
<title>
Project/year-wise books of account for claiming deduction u/s 80IA
</title>
<pubDate>Fri, 11 Dec 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/deduction-us-80ia-infrastructure-project-year-wise-books-account-maintaining-impractical.html
</link>
<description>
When assessee executing numerous infrastructure projects it is impractical to maintain project/year-wise books of account for claiming deduction u/s 80IA-ITAT
</description>
</item>
<item>
<title>
ITAT-No Additions merely for assessee inability to produce parties
</title>
<pubDate>Thu, 10 Dec 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-additions-mere-assessees-inability-produce-parties-doners-without-cross-examination.html
</link>
<description>
ITAT-Additions can not be made merely for assessee inability to produce parties/doners or without giving opportunity of witness\x92s cross examination
</description>
</item>
<item>
<title>
New pre-filling incorrect TDS data facility for online rectification
</title>
<pubDate>Thu, 10 Dec 2015 09:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/new-facility-of-prefilling-tds-data-online-rectification-incorrect-tds-details.html
</link>
<description>
CBDT-Simplified Process and new facility of pre-filling TDS data while submitting online rectification for incorrect TDS details
</description>
</item>
<item>
<title>
Clarification defective returns notices issued to FII/FPIs u/s 139(9)
</title>
<pubDate>Thu, 10 Dec 2015 09:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-clarification-regarding-defective-returns-notices-us-1399-to-fii-fpis.html
</link>
<description>
CBDT-Clarification regarding notices of defective returns issued to FII/FPIs u/s 139(9) in cases where Balance Sheet and PL account not filled
</description>
</item>
<item>
<title>
CAG CA firms/LLPs Online Empanelment for FY 2016-2017
</title>
<pubDate>Thu, 10 Dec 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/cag-online-empanelment/chartered-accountants-ca-firms-llp-fy-2016-17-from-01-01-2016.html
</link>
<description>
CAG Online Empanelment of Chartered Accountant firms/LLPs Application for Financial year 2016-2017 from 01-01-2016 to 15-02-2016
</description>
</item>
<item>
<title>
Report Revenue Neutral Rate (RNR) and GST Rate Structure
</title>
<pubDate>Wed, 09 Dec 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/gst/committee-report-revenue-neutral-rate-rnr-and-rate-structure-for-goods-and-services-tax.html
</link>
<description>
Report on the Revenue Neutral Rate (RNR) and Structure of Rates for the Goods and Services Tax (GST) by Committee headed by Chief Economic Adviser CEA
</description>
</item>
<item>
<title>
SEBI Guidelines-Depositories Outsourcing Non-core Activities
</title>
<pubDate>Wed, 09 Dec 2015 14:30:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/guidelines-depositories-outsourcing-policy-non-core-activities-third-party-due-deligence-audit.html
</link>
<description>
SEBI Guidelines for Outsourcing Policy to be followed by Depositories. Core Activities, Due Deligence, Monitoring and Audit of Third Parties
</description>
</item>
<item>
<title>
Tamilnadu Service Tax Payment/Return Filing Date Extension
</title>
<pubDate>Wed, 09 Dec 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/excise-payment-return-filing-due-date-extension-tamilnadu-november-month-20122015-31122015.html
</link>
<description>
In Tamilnadu Central Excise/Service Tax Payment/Return Filing Due Date November Month Extended to 20-12-2015 and 31-12-2015. Notification-25-26-2015
</description>
</item>
<item>
<title>
Incorrect Availment/Utilisation Service Tax Cenvat Credit-CAG Report
</title>
<pubDate>Tue, 08 Dec 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/cag-report-2015-incorrect-availment-utilisation-cenvat-credit-on-works-contracts-rs-22-59-crores.html
</link>
<description>
Incorrect Availment/Utilisation of Cenvat Credit of Rs. 22.59 crores-CAG Report No. 26/2015 on Levy and Collection of Service Tax on Works Contract
</description>
</item>
<item>
<title>
Non-Payment/Short-Payment of Works Contracts Servicetax-CAG Report
</title>
<pubDate>Tue, 08 Dec 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/cag-report-2015-non-short-payment-of-service-tax-on-works-contracts-rs-44-74-crores.html
</link>
<description>
Non-Payment/Short-Payment of Service Tax of 44.74 Crores - CAG Report No. 26/2015 on Levy and Collection of Service Tax on Works Contract
</description>
</item>
<item>
<title>
Works Contracts Service Tax Incorrect Exemption Availment-CAG Report
</title>
<pubDate>Tue, 08 Dec 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/cag-report-2015-incorrect-availment-of-works-contracts-exemption-rs-17-81-crores.html
</link>
<description>
Incorrect Availment of Service Tax Exemption of Rs. 17.81 crores- CAG Report No. 26/2015 on Levy and Collection of Service Tax on Works Contract
</description>
</item>
<item>
<title>
No Rectification Proceedings u/s 154 of highly debatable issue
</title>
<pubDate>Mon, 07 Dec 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-rectification-us-154-of-highly-debatable-issues-mistake-must-be-obvious-patent.html
</link>
<description>
No Rectification u/s 154 of highly debatable issue. Mistake must be obvious and patent and not something established by long drawn reasoning process-ITAT
</description>
</item>
<item>
<title>
There is No Law that Sale Can not made at less than manufacturing cost
</title>
<pubDate>Mon, 07 Dec 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-law-sale-less-than-manufacturing-cost-low-profit-margin-no-reason-to-suspect.html
</link>
<description>
There is no law that assessee cannot make sale at less than manufacturing cost. Faliure to earn better profit margin no reason to believe suppression-ITAT
</description>
</item>
<item>
<title>
Satisfaction Recording u/s 153C Must Even if Same Assessing Officer
</title>
<pubDate>Sun, 06 Dec 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/recording-satisfaction-us-153c-ao-person-searched-assessee-same-must-belongs-relates.html
</link>
<description>
Satisfaction Recording u/s 153C must even if AO of Person Searched and assessee same. Belongs to is different from the expression relates to-Delhi HC
</description>
</item>
<item>
<title>
CBDT-TDS/TCS deposit Date Extensionin Tamil-Nadu to 20-12-2015
</title>
<pubDate>Sat, 05 Dec 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tds-tcs-deposit-date-extension-in-tamilnadu-for-november-from-07122015-to-20122015.html
</link>
<description>
CBDT-Extension of Due Date of TDS/TCS deposit in Tamil-Nadu State for the month of November from 07-12-2015 to 20-12-2015 due to flood
</description>
</item>
<item>
<title>
Cash Discounts given out of profit margin not commission us 194H
</title>
<pubDate>Sat, 05 Dec 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cash-discounts-given-out-of-profit-margins-not-commission-liable-to-tds-us-194h.html
</link>
<description>
ITAT-50 Percent Cash discounts given to scooter sub-dealers out of profit margin not commission and do not attract TDS under section 194H
</description>
</item>
<item>
<title>
No further assessment jurisdiction when income declared u/s 44AF/44AE
</title>
<pubDate>Sat, 05 Dec 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/if-assessee-complied-with-section-44ae-44af-no-furher-assessment-jurisdiction-for-ao.html
</link>
<description>
ITAT-When assessee complied with section 44AF/44AE, there is no jurisdiction for AO to make further assessment as books of account not required u/s 44AA
</description>
</item>
<item>
<title>
Section 68 Unexplained Cash Credit not apply to return u/s 44AD
</title>
<pubDate>Sat, 05 Dec 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/section-68-unexplained-cash-credits-not-apply-to-return-filed-us-44ad-for-no-books-account.html
</link>
<description>
ITAT-In the absence of Boooks of Account, Section 68 related to Unexplained Cash Credit not applicable to return filed u/s 44AD on Estimated Profit Basis
</description>
</item>
<item>
<title>
Income tax Service of notice summons order electronically by email rules
</title>
<pubDate>Fri, 04 Dec 2015 12:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/rule-127-for-electronic-email-service-of-notice-summons-orders-cbdt-notification.html
</link>
<description>
CBDT makes Income Tax rule 127 for Service of notice, summons, requisition, order and other communication by electronically by email. Notification 89/2015
</description>
</item>
<item>
<title>
Compulsory Gold Monetization of gold held in Indian temples
</title>
<pubDate>Fri, 04 Dec 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/finmin/govt-denies-plans-to-compulsory-monetize-golds-held-by-charitable-institutions-temples.html
</link>
<description>
Government Clarification and denial on Media Reports on Compulsory Gold Monetization of Idle gold held in Charitable Institutions/Indian temples
</description>
</item>
<item>
<title>
Setting up not commencement of business relevant under Incometax
</title>
<pubDate>Fri, 04 Dec 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/setting-up-not-commencement-of-business-relevant-for-allowance-of-expenditure-claim.html
</link>
<description>
ITAT-Setting up and not the commencement of business relevant under section 3 of Income-tax Act. Revision order u/s 263 disallowing expenditure quashed
</description>
</item>
<item>
<title>
CBDT-Issue of Non CASS Refunds below Rs 50000 AY2013-2014-15
</title>
<pubDate>Fri, 04 Dec 2015 07:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/expeditious-issue-of-refunds-below-rs-50000-non-cass-cases-ay-201314-201415.html
</link>
<description>
CBDT-Expeditious process and issue of refunds below Rs.50,000/- in Non-CASS cases for AYs 2013-14 and 2014-15
</description>
</item>
<item>
<title>
No 271(1)(c) Penalty if income assessed u/s 115JB under MAT provision
</title>
<pubDate>Thu, 03 Dec 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-penalty-us-2711c-when-income-is-assessed-us-115jb-under-mat-provisions.html
</link>
<description>
ITAT-When income is assessed u/s 115JB as per MAT provision, no penalty can be imposed u/s 271(1)(c) for concealment or inaccurate particulars
</description>
</item>
<item>
<title>
CBDT Circular-Salaries Income Tax Deduction During FY 2015-16
</title>
<pubDate>Thu, 03 Dec 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tds-deductions-from-salaries-section-192-during-fy-201516-cbdt-circular-20-2015.html
</link>
<description>
CBDT Circular-20/2015 Income-Tax TDS Deduction From Salaries During the Financial Year 2015-16 under Section 192 of The Income-Tax Act 1961
</description>
</item>
<item>
<title>
Procedure formats for New Electronic Form No.15G 15H Filing
</title>
<pubDate>Wed, 02 Dec 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/procedure-format-for-new-electronic-15g-15h-form-filing-uin-to-be-allotted-to-declarants.html
</link>
<description>
Procedure, Formats, Guide for new Electronic Form No.15G 15H Declaration Filing. Unique Identification Number UIN to be allotted-CBDT Notification 4-2015
</description>
</item>
<item>
<title>
CBDT-Corporate Connect TDS Mechanism for Banks/Corporates
</title>
<pubDate>Wed, 02 Dec 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/corporate-connect-tds-authentication-downloading-mechanism-for-corporates-banks.html
</link>
<description>
Corporate Connect-Banks/Corporates Authentication Mechanism for TDS Correction statements, TDS certificates, Consolidated Files-CBDT Notification 03/2015
</description>
</item>
<item>
<title>
CBDT-Incometax raids at Karti Chidambaram based on credible information
</title>
<pubDate>Wed, 02 Dec 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-raids-on-firms-associate-of-karti-chidambaram-based-on-credible-information.html
</link>
<description>
CBDT says income tax raids at firms/associates of former finance minister son Karti Chidambaram are based on credible information of tax evasion
</description>
</item>
<item>
<title>
SEBI-Introduction of System-driven Securities Market disclosures
</title>
<pubDate>Tue, 01 Dec 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/system-driven-securities-market-disclosure-implementation-procedure-first-phase.html
</link>
<description>
SEBI-Introduction of system-driven securities market disclosures. Procedure for Implementation of First Phase. PAN of the promoter/promoter group a must
</description>
</item>
<item>
<title>
Consistency and uniformity must in the approach of Income Tax
</title>
<pubDate>Tue, 01 Dec 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/there-has-to-be-consistency-uniformity-in-the-approach-of-income-tax-department.html
</link>
<description>
ITAT-There has to be consistency and uniformity in the approach of Income Tax Department in the assessees own case in the subsequent AY on the same set of facts
</description>
</item>
<item>
<title>
Incometax Surcharge, education cess not leviable under DTAA
</title>
<pubDate>Tue, 01 Dec 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/surcharge-education-cess-not-leviable-under-dtaa-double-taxation-avoidance-agreement.html
</link>
<description>
ITAT-Surcharge and education cess is not leviable when the tax rate is prescribed under double taxation avoidance agreement (DTAA)
</description>
</item>
<item>
<title>
SEBI- Quarterly Financial Results Publishing Format Prescibed
</title>
<pubDate>Tue, 01 Dec 2015 11:30:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/prescribed-format-for-publishing-quarterly-financial-results-by-listed-companies.html
</link>
<description>
SEBI-Format Prescribed for Publishing Quarterly Financial Results by Companies Listed in Stock Exchanges
</description>
</item>
<item>
<title>
SEBI approves Listing of Stock Exchanges and Depositories
</title>
<pubDate>Tue, 01 Dec 2015 03:10:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/listing-of-stock-exchanges-and-depositories-approved-by-sebi-board.html
</link>
<description>
SEBI approves Listing of Stock Exchanges and Depositories with 51% Public Shareholding to be classified as infrastructure Company
</description>
</item>
<item>
<title>
Annual Return MGT-7 Preparation Certifying Guidance Note ICSI
</title>
<pubDate>Mon, 30 Nov 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/annual-return-mgt7-preparation-signing-certification-errors-guidance-note-checklist-icsi.html
</link>
<description>
Annual Return MGT-7 Preparation Signing and Certifying Draft Guidance Note by ICSI. Trouble Shooting Checklist, Management Representation Letter
</description>
</item>
<item>
<title>
Annual Return MGT7, AOC4 Last Date Extension to 31-12-2015
</title>
<pubDate>Mon, 30 Nov 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/extension-annual-return-mgt7-aoc4-last-date-filing-from-30112015-to-3112015.html
</link>
<description>
Extension of last data of filing Annual Return MGT-7 AOC-4 XBRL E-Forms without additional fee from 30-11-2015 to 31-12-2015-MCA Circular 15/2015
</description>
</item>
<item>
<title>
No Penalty 272A(2)(k) for TDS Return Delay due to Systems Error
</title>
<pubDate>Mon, 30 Nov 2015 04:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-penalty-272a2k-tds-return-filing-delay-by-ca-due-to-system-errors-data-files-mismatch.html
</link>
<description>
No Penalty 272A(2)(k) to be imposed due to systems error and for TDS return filing delay by Chartered Accountant due to mismatch in data files-ITAT
</description>
</item>
<item>
<title>
ICAI representation-CA not allowed appear before income tax
</title>
<pubDate>Sat, 28 Nov 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/representation-to-prcit-chandigarh-ca-should-not-be-allowed-appeare-in-incometax-proceedings.html
</link>
<description>
ICAI representation to PrCIT Chandigarh on proposal that CAs should not be allowed to appear in proceedings before income tax authorities
</description>
</item>
<item>
<title>
Irrecoverable advance rent security deposit not revenue expenses
</title>
<pubDate>Sat, 28 Nov 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/irrecoverable-advance-rent-security-deposit-written-off-not-allowed-revenue-expenses.html
</link>
<description>
Irrecoverable advance rent security deposit written off claimed as revenue expenses not allowable as as it created a capital asset only-ITAT
</description>
</item>
<item>
<title>
80IB Deduction allowability-Scrap Sales, Insurance Income for goods loss
</title>
<pubDate>Sat, 28 Nov 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/80ib-deduction-allowable-to-scrap-sale-insurance-claim-income-for-loss-of-finished-goods.html
</link>
<description>
Deduction u/s 80IB is allowable for Scrap sales of industrial undertaking manufacturing process and insurance income for loss of manufactured finished goods
</description>
</item>
<item>
<title>
Penalty u/s 271(1)(c) for Higher/Wrong Depreciation Claim deleted
</title>
<pubDate>Sat, 28 Nov 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/penalty-2711c-high-wrong-depreciation-rate-claimed-computer-software-development.html
</link>
<description>
ITAT-Penalty u/s 271(1)(c) deleted for claiming Higher/Wrong Depreciation on Computer Software and Software Development Expenses duly disclosed in return
</description>
</item>
<item>
<title>
Accumulation u/s 11(1)(a) to be on Gross Receipts from all sources
</title>
<pubDate>Sat, 28 Nov 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/income-accumulation-us-111a-to-be-computed-on-gross-receipts-from-all-sources.html
</link>
<description>
Accumulation of Income u/s 11(1)(a) at 15 Percent is to be computed on Gross Receipts (not net surplus) from all sources of income-ITAT
</description>
</item>
<item>
<title>
No Additions u/s 68 Share Application Money Common Address
</title>
<pubDate>Sat, 28 Nov 2015 05:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/share-application-money-additions-us-68-for-common-address-of-investor-deleted.html
</link>
<description>
No Additions u/s 68 for mere fact that some investors of Share Application Money have a common address to doubt their identity/genuineness-Delhi HC
</description>
</item>
<item>
<title>
CBDT- 31 Advance Pricing Agreements (APAs) Signed Till Date
</title>
<pubDate>Fri, 27 Nov 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/signing-advance-pricing-agreements-apas-31-signed-till-date-cbdt.html
</link>
<description>
CBDT-Signing Advance Pricing Agreements (APAs). Till Now 31 APAs (30 unilateral and one bilateral) have been entered
</description>
</item>
<item>
<title>
ITAT-Sale Bill issue in liquor Business practically impossible
</title>
<pubDate>Fri, 27 Nov 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/liquor-retail-sale-business-issue-of-sales-bills-to-customers-not-practically-possible.html
</link>
<description>
ITAT-It is practically impossible to issue sale bills to the customers for retail sale of liquor. Books of Account Rejection and Notional 8 Percent GP Rate Applied deleted
</description>
</item>
<item>
<title>
CBEC Clarification-Service-tax Levy on Seed Testing wef 01072012
</title>
<pubDate>Fri, 27 Nov 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/clarification-servicetax-levy-agricultural-seed-testing-incidental-activities-wef-01072012.html
</link>
<description>
CBEC Circular-189/8/2015. Clarification regarding levy of service tax on activities incidental to Agricultural Seed Testing with effect from 01-07-2012
</description>
</item>
<item>
<title>
Human Intervention a must for regarded as technical services u/s 194J
</title>
<pubDate>Thu, 26 Nov 2015 16:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/in-absence-of-human-intervention-call-roaming-not-technical-services-us-194j.html
</link>
<description>
In the absence of human intervention Mobile Call Roaming facility would not amount to technical services u/s 194J-Punjab and Haryana High Court
</description>
</item>
<item>
<title>
Reopening us 147 148 basis of Assessment Record/ CBDT Circular
</title>
<pubDate>Thu, 26 Nov 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/reopening-us-147-148-basis-of-assessment-records-cbdt-circular-change-of-opinion.html
</link>
<description>
ITAT-Reopening u/s 147, 148 on the basis of mere Assessment Record or CBDT Circular amounts to Change of Opinion which is not allowed
</description>
</item>
<item>
<title>
Incometax ICDS 145(2) Opinions invited for guidance/clarification
</title>
<pubDate>Thu, 26 Nov 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/income-computation-disclosure-standars-icds-section-145-opinions-invited-for-clarifications.html
</link>
<description>
Income Computation and Disclosure Standards ICDS notified u/s 145(2) of Income-tax Act. To issue comprehensive guidance/clarification, Opinions invited
</description>
</item>
<item>
<title>
Supreme Court-Compact disc also document as per Evidence Act
</title>
<pubDate>Thu, 26 Nov 2015 05:00:00 GMT</pubDate>
<link>
https://abcaus.in/supreme-court/compact-disc-also-document-as-per-definition-of-document-in-evidence-act.html
</link>
<description>
Supreme Court-Compact disc also a document as per the definition of document in Evidence Act. Courts have erred in law in rejecting the disc in question
</description>
</item>
<item>
<title>
CA Should not be allowed in Income Tax proceedings
</title>
<pubDate>Wed, 25 Nov 2015 09:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/prcit-chandigarh-letter-ca-should-not-be-allowed-appeare-in-incometax-proceedings.html
</link>
<description>
PrCIT Chandigarh invited comments on the subject that Chartered Accountants Should not be allowed in proceedings before Income Tax Authorities
</description>
</item>
<item>
<title>
ITAT-CPC TDS Policy limiting PAN correction 2 alfa 2 numberical bad
</title>
<pubDate>Tue, 24 Nov 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cpc-tds-internal-policy-limiting-pan-change-to-two-alpha-two-numberical-only-bad-itat.html
</link>
<description>
ITAT Quashes CPC-TDS order rejecting TDS Return correction due to internal policy of limiting PAN changes of 2 alfa and 2 numberical characters only
</description>
</item>
<item>
<title>
Key Highlights of 7th Central Pay Commission Recommendation
</title>
<pubDate>Mon, 23 Nov 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/7th-pay-commission/key-highlights-recommendations-of-seventh-central-pay-commission.html
</link>
<description>
Key Highlights Of Recommendations Of Seventh Central Pay Commission, Proposed Date, Minimum and Maximum Pay, New Pay Structure, Increments
</description>
</item>
<item>
<title>
No Disallowance u/s 40A(3) for Cash deposited directly in bank account
</title>
<pubDate>Mon, 23 Nov 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-disallowance-section-40a3-cash-direclly-deposited-in-bank-account-creditors-supplier.html
</link>
<description>
ITAT-No Disallowance u/s 40A(3) Rule 6DD for Cash deposited directly in bank account of supplier/creditor. Purpose is only preventive and to check tax evasion
</description>
</item>
<item>
<title>
Delhi HC rejects Retraction of Missing Statement Recorded u/s 132(4)
</title>
<pubDate>Mon, 23 Nov 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/retraction-of-statement-recorded-us-1324-without-affidavit-missing-in-department-file.html
</link>
<description>
Delhi HC Rejects Retraction from Statement Recorded u/s 132(4) missing in file but not challenged in assessment not supported by affidavit under ITAT Rules
</description>
</item>
<item>
<title>
ITAT-Disallowance u/s 14A Rule 8D recording of satisfaction must
</title>
<pubDate>Sun, 22 Nov 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/exempt-income-expenses-disallowance-us-14a-rule-8d-recording-satisfaction-must.html
</link>
<description>
ITAT-In order to invoke disallowance u/s 14A, Rule 8D, Assessing Officer must record satisfaction as to how assessee\x92s claim is not correct
</description>
</item>
<item>
<title>
ITAT-Unavailed CENVAT/MODVAT and Closing Stock Valuation
</title>
<pubDate>Sun, 22 Nov 2015 08:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/closing-stock-value-increased-by-unutilized-cenvat-modvat-purchase-should-also-increase.html
</link>
<description>
ITAT-If closing stock value is increased by unutilized CENVAT/MODVAT, purchases should also be increased by same amount under exclusive accounting method
</description>
</item>
<item>
<title>
CBDT-Phasing out Deductions under Income Tax Act 1961
</title>
<pubDate>Fri, 20 Nov 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/phasing-out-deductions-under-income-tax-act-1961-as-per-budget-announcement.html
</link>
<description>
CBDT-Phasing out Deductions under Income Tax Act 1961- Finance Minister\x92s Budget announcement. Profit, Investment, Area linked, weighted deductions, sunset clause
</description>
</item>
<item>
<title>
Registration u/s 12AA can not be refused for Non-commencement of activities
</title>
<pubDate>Thu, 19 Nov 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/registration-us-12aa-can-not-be-refused-for-non-commencement-of-activities.html
</link>
<description>
ITAT-At grant of registration stage, non-commencement of activities by the Trust cannot be a ground for refusal of registration u/s 12AA Income Tax Act
</description>
</item>
<item>
<title>
ITAT-Deduction for pilferage/ obsolescence of stock disallowed
</title>
<pubDate>Thu, 19 Nov 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/pilferage-obsolescence-stock-deduction-disallowed-for-non-production-of-evidence-list.html
</link>
<description>
ITAT-Deduction for pilferage/ obsolescence of stock disallowed for non mention of inventories in FIR and non production of any list and evidence
</description>
</item>
<item>
<title>
CBDT Clarification-Vodafone case Conciliation outside arbitration
</title>
<pubDate>Thu, 19 Nov 2015 05:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/vodafone-case-conciliation-outside-arbitration-cbdt-clarification.html
</link>
<description>
CBDT Clarification-Unauthenticated reports on conciliation in the Vodafone case outside arbitration. Govt. has not finalized Term of Reference yet
</description>
</item>
<item>
<title>
Delhi VAT-Forms Auto-downloading facility disabled for a tax period
</title>
<pubDate>Wed, 18 Nov 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/delhi-vat/forms-auto-downloading-facility-disabled-if-sale-purchase-ratio-falls-below-60-percent.html
</link>
<description>
Delhi VAT-Forms Auto-downloading facility disabled for a tax period where purchase sales ratio including stock transfer/local transactions falls below 60 Percent
</description>
</item>
<item>
<title>
SC-Bill of Exchange Default Bank Compensation-interest tax act 1974
</title>
<pubDate>Wed, 18 Nov 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/compensation-banks-bill-of-exhange-purchased-default-not-covered-interest-tax-act-1974.html
</link>
<description>
SC-Interest/Compensation received by banks for default in payment of Bill of Exchange purchased/discounted is not liable to the Interest Tax Act 1974
</description>
</item>
<item>
<title>
Income Tax Authorities can not attach Bank Cash Credit/Overdraft
</title>
<pubDate>Wed, 18 Nov 2015 05:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/bank-cash-credit-overdraft-account-can-not-be-attached-by-income-tax-authorities.html
</link>
<description>
Bank Cash Credit/Overdraft Account of the assessee can not be attached by Income Tax Authorities u/s 226(3)-Calcutta High Court
</description>
</item>
<item>
<title>
CBDT-Procedure Filing Curing Defective Appeals Delhi High Court
</title>
<pubDate>Tue, 17 Nov 2015 12:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-procedure-filing-appeals-curing-defective-appeals-effective-representation-delhi-hc.html
</link>
<description>
CBDT-Procedure Filing/Curing Defective Appeals, Effective Representation in Delhi HC-Mechanism, Time Limits, issues pending in other HC, Supreme Court
</description>
</item>
<item>
<title>
ITAT-Deduction u/s 10(23C)(iiiad) not claimed in return allowed
</title>
<pubDate>Tue, 17 Nov 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/department-must-not-take-advantage-of-assessee-ignorance-deduction-1023ciiiad-allowed.html
</link>
<description>
ITAT-Income Tax Department must not take advantage of the ignorance of assessee as to his rights. Deduction u/s 10(23C)(iiiad) not claimed in return allowed
</description>
</item>
<item>
<title>
New Accounting code for Swachh Bharat Cess payment allotted
</title>
<pubDate>Mon, 16 Nov 2015 17:30:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/new-accounting-codes-for-swachh-bharat-cess-payment-allotted-minor-head-506.html
</link>
<description>
New accounting codes allotted for Swachh Bharat Cess payment. New Minor Head 506 by Controller General of Accounts CBEC Circular-188/7/2015
</description>
</item>
<item>
<title>
ITAT-disallowance u/s 14A when Exempt income expenses not claimed
</title>
<pubDate>Mon, 16 Nov 2015 17:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-disallowance-us-14a--rule-8d-when-no-expenses-related-to-exempt-income-claimed.html
</link>
<description>
ITAT-No disallowance u/s 14A/Rule 8D when assessee has not claimed any expenses attributable to earning of exempt income
</description>
</item>
<item>
<title>
Swachh Bharat Cess (Sbc) Frequently Asked Questions FAQ
</title>
<pubDate>Mon, 16 Nov 2015 13:30:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/swachh-bharat-cess-sbc-20-frequently-asked-questions-faq-by-cbec.html
</link>
<description>
Swachh Bharat Cess (Sbc) Twenty Frequently Asked Questions (FAQ) by CBEC
</description>
</item>
<item>
<title>
Punjab Haryana HC Liquidator 50 Companies Dissolution Notice
</title>
<pubDate>Mon, 16 Nov 2015 13:20:00 GMT</pubDate>
<link>
https://abcaus.in/mca/dissolution-notice-of-50-companies-by-official-liquidator-punjab-haryana-high-court.html
</link>
<description>
Official Liquidator Punjab and Haryana High Court Application for dissolution of the Fifty Companies. Objections by Stakeholders to be filed within 30 Days
</description>
</item>
<item>
<title>
SEBI-Streamlining Equity Shares/Convertibles Public Issue Process
</title>
<pubDate>Mon, 16 Nov 2015 12:30:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/streamlining-equity-shares-convertibles-public-issue-process-reduce-listing-time-to-6-working-days.html
</link>
<description>
SEBI Circular-Streamlining Equity Shares/Convertibles Public Issue Process, Reduce listing time to 6 working days, enhancing applications submission points
</description>
</item>
<item>
<title>
HLC to interact with Trade and Industry on Tax Laws Tenure Extended
</title>
<pubDate>Mon, 16 Nov 2015 09:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tenure-high-level-committee-to-interact-trade-industry-for-tax-laws-extended-by-one-year.html
</link>
<description>
Tenure of the High Level Committee (HLC) to interact with Trade and Industry on Tax Laws Extended by one year beyond 25th November, 2015
</description>
</item>
<item>
<title>
Review of its own judgment by ITAT not permissible under law
</title>
<pubDate>Sun, 15 Nov 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/review-of-its-own-judgment-by-itat-not-permissible-under-law.html
</link>
<description>
When ITAT already given a decision/judgment by applying its mind, review/rectification of the same under Section 254(2) not permissible
</description>
</item>
<item>
<title>
ITAT imposes exemplary cost for non-appearnace before tax authorities
</title>
<pubDate>Sun, 15 Nov 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-imposes-exemplary-token-penalty-on-assessee-for-non-appearance-before-tax-authorities.html
</link>
<description>
ITAT imposes exemplary/token penalty/cost on the assessee for non-appearnace before Income tax authorities in response to various notices issued
</description>
</item>
<item>
<title>
ITAT-Penalty 271(1)(c) Undisclosed Foreign Bank Account income
</title>
<pubDate>Sun, 15 Nov 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/penalty-2711c-undisclosed-foreign-bank-account-rent-free-accomodations-revised-itr.html
</link>
<description>
ITAT-Penalty 271(1)(c) deleted for income from Undisclosed Foreign Bank Account and Rent Free Accomodation Perquisite, when ITR was revised accordingly
</description>
</item>
<item>
<title>
ITAT-Penalty 271(1)(c) ITR Due date not expired at Search Time
</title>
<pubDate>Sun, 15 Nov 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/penalty-2711c-itr-filing-due-date-not-expired-at-search-time-no-incriminatng-document-found.html
</link>
<description>
ITAT-Penalty 271(1)(c) deleted as due date for filing ITR u/s 139(1) not expired when search was conducted and no incriminating document found
</description>
</item>
<item>
<title>
Duplicate audited PL Account, AO must find facts to reliability
</title>
<pubDate>Sun, 15 Nov 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/duplicate-sets-of-audited-accounts-ao-must-give-fact-findings-can-not-pick-choose-one.html
</link>
<description>
ITAT-In case of duplicate sets of audited PL Account, AO must give a fact finding to the reliability of such accounts, He can not merely Pick and Choose one
</description>
</item>
<item>
<title>
ITAT-Medical Treatment Expenses of Company MD-Deduction allowed
</title>
<pubDate>Sat, 14 Nov 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/deduction-allowed-for-medical-treatment-expenses-of-company-managing-director.html
</link>
<description>
ITAT-Deduction allowed for Foreign Medical Treatment/Travel Expenses of Managing Director (MD) of Company on which FBT paid treating them Perquisites
</description>
</item>
<item>
<title>
ITAT-Individual/HUF/Firms not eligible for deduction u/s 80IA(4)
</title>
<pubDate>Sat, 14 Nov 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/proprietor-firm-huf-not-eligible-for-deduction-us-80ia4-for-infrastructure-project-facility.html
</link>
<description>
ITAT-Individual proprieter/HUF/Firms not eligible for deduction u/s 80IA(4) of the Income Tax Act, 1961 for developing/operating infrastructure facility
</description>
</item>
<item>
<title>
ITAT-Education u/s 2(15) can be imparted through affiliated schools
</title>
<pubDate>Fri, 13 Nov 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/education-us-215-can-be-imparted-through-affiliated-schools-not-run-directly.html
</link>
<description>
ITAT-Revenue wrong in holding that only running schools directly amounts to imparting education u/s 2(15). Education can be imparted through affiliated schools
</description>
</item>
<item>
<title>
Before order u/s 263 enquiry prima-facie opinion facts recording must
</title>
<pubDate>Fri, 13 Nov 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/before-revision-order-us-263-cit-must-make-enquiry-record-findings-form-prima-facie-opinion.html
</link>
<description>
ITAT-Before passing revision order u/s 263 Commissioner must make enquiry and form a prima-facie opinion after recording of facts that order is erroneous
</description>
</item>
<item>
<title>
Swachh Bharat Cess-Air Travel Insurance Lottery Money Changing
</title>
<pubDate>Fri, 13 Nov 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/swachh-bharat-cess-air-travel-insurance-money-changing-lottery-notification-25-2015.html
</link>
<description>
Swachh Bharat Cess on the Business of Air Travel, Insurance, Money Changing, Lottery Distributor or Selling Agents- Service Tax Notification 25/2015
</description>
</item>
<item>
<title>
Swachh Bharat Cess and Reverse Charge Applicability
</title>
<pubDate>Fri, 13 Nov 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/swachh-bharat-cess-liability-as-per-reverse-charge-mechanism-by-service-receiver.html
</link>
<description>
Applicability of Reverse Charge Mechanism, Payment by Service Receiver to the Levy of Swachh Bharat Cess. Service Tax Notification 24/2015
</description>
</item>
<item>
<title>
Swachh Bharat Cess shall be applicable on the Abated Values
</title>
<pubDate>Fri, 13 Nov 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/swachh-bharat-cess-levy-on-abated-values-calculated-at-specified-percentages.html
</link>
<description>
Swachh Bharat Cess shall be applicable on the Abated Value Calculated at specified Percentage- Service Tax Notification 23/2015
</description>
</item>
<item>
<title>
Swachh Bharat Cess Levy Clarifications FAQ by CBEC
</title>
<pubDate>Fri, 13 Nov 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/clarification-faq-on-the-levy-of-swachh-bharat-cess-by-cbec.html
</link>
<description>
CBEC issues clarifications and FAQ on the Levy of Swachh Bharat Cess with effect from 15-11-2015
</description>
</item>
<item>
<title>
ITAT-Land Brokerage Charges Disallowed without rebutting evidences bad
</title>
<pubDate>Thu, 12 Nov 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/disallowance-land-purchase-brokerage-without-rebutting-evidences-provided-deleted.html
</link>
<description>
ITAT-Land Purchase Brokerage Charges arbitrararily restricted and disallowed without rebutting evidences provided by assessee bad hence allowed
</description>
</item>
<item>
<title>
ITAT-Disallowance u/s 43B unpaid leave encashment provision
</title>
<pubDate>Thu, 12 Nov 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/disallowance-us-43bf-for-unpaid-provision-of-leave-encashment-payable-to-employees.html
</link>
<description>
ITAT Uphelds disallowance u/s 43B(f) of the Income Tax Act on account of unpaid provision of leave encashment payable to employees
</description>
</item>
<item>
<title>
ICAI Draft Guidance Note-Depreciation Schedule-II Companies Act 2013
</title>
<pubDate>Thu, 12 Nov 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/draft-guidance-note-important-issues-arising-from-depreciation-schedule-ii-companies-act-2013.html
</link>
<description>
ICAI Draft Guidance Note-Important Issues related to depreciation arising from Schedule-II under Companies Act, 2013
</description>
</item>
<item>
<title>
ITAT-Assessee should not be made to suffer for counsel negligence
</title>
<pubDate>Thu, 12 Nov 2015 09:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/settled-law-is-that-for-the-negligence-of-counsel-assessee-should-not-be-made-to-suffer.html
</link>
<description>
ITAT-It is well settled law that for the negligence of counsel, assessee should not be made to suffer. Additional evidences admiited, matter remanded to AO
</description>
</item>
<item>
<title>
ITAT-Excess Income application u/s 11(1)(a) Carry Forward Set off
</title>
<pubDate>Thu, 12 Nov 2015 08:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/carry-forward-ans-set-off-of-excess-income-application-us-11-by-charitable-institution.html
</link>
<description>
ITAT-Excess application of income u/s 11(1)(a) by Charitable Institution can be carried forward for set off as application of the income of future years
</description>
</item>
<item>
<title>
ITAT-Taxability of advance by client to advocates for expenses
</title>
<pubDate>Wed, 11 Nov 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/advance-for-expenses-by-client-to-advocate-as-agent-not-taxable-under-cash-basis-of-accounting.html
</link>
<description>
ITAT-Advances from clients for expenses to be done by solicitor/advocate as his agent can not be taxed as income under cash basis of accounting
</description>
</item>
<item>
<title>
Printed notice 271(1)(c) not striking out/specifying clause defective
</title>
<pubDate>Wed, 11 Nov 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/printed-concealment-penalty-notice-274-2711c-without-striking-out-relevant-clause-defective.html
</link>
<description>
ITAT-Printed Show cause notice u/s 274/271(1)(c) defective as it did not striked out/specified if it was for concealment/furnishing inaccurate particulars
</description>
</item>
<item>
<title>
Satisfaction 271(1)(c) must be discernible from assessment order
</title>
<pubDate>Wed, 11 Nov 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/penalty-2711c-ao-satisfaction-must-be-discernible-from-assessment-order-as-a-whole.html
</link>
<description>
ITAT-Satisfaction u/s 271(1)(c) need not be recorded in particular manner but reading the assessment order as a whole it should be clearly discernible
</description>
</item>
<item>
<title>
No Penalty u/s 271(1)(c) for non disclosure on professional advice
</title>
<pubDate>Wed, 11 Nov 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-penalty-2711c-non-disclosure-paintings-sale-personal-effects-on-professional-advice.html
</link>
<description>
ITAT-Penalty u/s 271(1)(c) can not be imposed for non disclosure of Paintings sold believing them as tax exempt personal effects on professional advice
</description>
</item>
<item>
<title>
Higher Interest Rate on Related Parties Unsecured Loans Reasonable
</title>
<pubDate>Mon, 09 Nov 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/higher-interest-rate-on-unsecured-loans-from-related-parties-than-bank-rate-reasonable.html
</link>
<description>
ITAT-Higher Interest paid on unsecured loans to related parties was held reasonable in view that bank loans are taken against the charge on the property
</description>
</item>
<item>
<title>
ITAT-Stock valuation FIFO method not compulsory in Income Tax
</title>
<pubDate>Mon, 09 Nov 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/fifo-method-for-stock-valuation-not-compulsory-except-consistent-accounting-policy.html
</link>
<description>
ITAT-Stock valuation FIFO method nowhere in Income Tax prescribed as compulsory. Generally accepted accounting policy should be adopted consistently
</description>
</item>
<item>
<title>
Local Committees Constitution for HighÂPitched Scrutiny Grievances
</title>
<pubDate>Mon, 09 Nov 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/local-committees-constitution-taxpayers-grievances-from-high-pitched-scrutiny-assessment.html
</link>
<description>
CBDT Instruction 17/2015. Constitution of Local Committees in each Pr. CCIT Region to deal with Taxpayers Grievances from HighÂPitched Scrutiny Assessment
</description>
</item>
<item>
<title>
ITAT-Disallowance u/s 36(1)(iii) for interest-free loans advances
</title>
<pubDate>Mon, 09 Nov 2015 11:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/disallowance-361iii-interest-on-borrowed-capital-for-giving-interest-free-loans-advances.html
</link>
<description>
ITAT-No disallowance of interest u/s 36(1)(iii) for advancing interest-free loans advances out of own funds. Borrowed capital should be used for business
</description>
</item>
<item>
<title>
No Penalty u/s 271(1)(c) for inflated stock statement to bank
</title>
<pubDate>Sun, 08 Nov 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-penalty-2711c-for-difference-in-stock-as-per-itr-books-and-inflated-bank-stock-statement.html
</link>
<description>
ITAT-No Penalty u/s 271(1)(c) imposition merely for difference in Stock as per ITR/Books and inflated value in bank statement to avail higher credit limits
</description>
</item>
<item>
<title>
My Stamp Scheme-Print Your Own Images on Indian Postage Stamps
</title>
<pubDate>Sun, 08 Nov 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/my-stamp-scheme/print-your-own-photographs-images-logo-in-indian-postage-under-my-stamp.html
</link>
<description>
My Stamp Scheme-Print Your own personalised photographs, images, logos etc. on Indian Postage Stamps alongside Commemorative Images
</description>
</item>
<item>
<title>
Share Capital Loss allowed for Company wound up under Exit Scheme
</title>
<pubDate>Sat, 07 Nov 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/reassessment-148-147-for-capital-loss-on-shares-of-company-wound-up-under-exit-scheme.html
</link>
<description>
ITAT-Reopening u/s 148 Reassessment u/s 147 disallowing Long Term Capital Loss on Shares of Company wound up under MCA Easy/Simplified Exit Scheme quashed
</description>
</item>
<item>
<title>
ITAT-Land Devlopment Expenses 50% allowed for non inspection
</title>
<pubDate>Sat, 07 Nov 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/land-development-expenses-half-allowed-for-want-of-proof-and-no-spot-inspection.html
</link>
<description>
ITAT-Land Devlopment Expenses allowed 50% in view of the fact neither assessee proved actual work nor authorities carried out spot inspection
</description>
</item>
<item>
<title>
Expenses incurred through credit card of MD of company allowable
</title>
<pubDate>Sat, 07 Nov 2015 09:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/expenses-through-credit-card-of-managing-director-being-agent-of-company-allowable.html
</link>
<description>
ITAT-Managing Director is an agent of company, expenses incurred through his credit card for business of the company can not be said to be not allowable
</description>
</item>
<item>
<title>
Peak theory applicable for Bank continuous withdrawal re-deposit
</title>
<pubDate>Sat, 07 Nov 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/peak-theory-additions-applicable-for-continuous-cash-withdrawals-deposits-in-bank-account.html
</link>
<description>
ITAT-Peak theory Addition applicable when cash continuously withdrawn and re-deposited in bank account, if amounts used for purchases it can not be applied
</description>
</item>
<item>
<title>
Swachh Bharat Cess Rate notified as 0.5 Percent from 15-11-2015
</title>
<pubDate>Fri, 06 Nov 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/govt-notifies-swachh-bharat-cess-rate-half-percent-except-exempt-services-from-15112015.html
</link>
<description>
CBEC Notification 22/2015, Swachh Bharat Cess to be levied at the Rate of 0.5 Percent. It shall not apply to Services which are exempt from Service Tax
</description>
</item>
<item>
<title>
Date of Applicability of Swachh Bharat Cess from 15-11-2015
</title>
<pubDate>Fri, 06 Nov 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/govt-notifies-date-of-applicability-of-swachh-bharat-cess-from-15112015.html
</link>
<description>
Service Tax Notification 21/2015-Government notifies Date of Applicability of Swachh Bharat Cess from 15-11-2015
</description>
</item>
<item>
<title>
CBDT-6 Months Limit Limit for Application u/s 12AA to be followed strictly
</title>
<pubDate>Fri, 06 Nov 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-six-months-time-limit-for-application-us-12aa-to-be-strictly-followed-by-cit-exemption.html
</link>
<description>
CBDT Instruction-CCIT (Exemptions) to monitor that application u/s 12AA are disposed off within prescribed time limit of 6 months strictly by CIT (Exemptions)
</description>
</item>
<item>
<title>
CBDT Notifies Transfer Pricing ALM 1 % Tolerance Range AY 2015-16
</title>
<pubDate>Fri, 06 Nov 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tolerance-range-one-percent-for-arm-length-price-us-92c-transfer-pricing-ay-201516.html
</link>
<description>
CBDT-Notification 86/2015. Tolerance Range of one percent for determining arm length price u/s 92C for Transfer Pricing cases for AY 2015-16
</description>
</item>
<item>
<title>
Partnership Deed can be filed any time before Assessment Completion
</title>
<pubDate>Fri, 06 Nov 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/revised-partnership-deed-can-be-filed-us-1842-1844-anytime-before-assessment-completion.html
</link>
<description>
ITAT-Revised/Supplementary Partnership Deed along with income tax return u/s 184(2) or 184(4) can be filed at any time before Completion of Assessment
</description>
</item>
<item>
<title>
Revision Order 263 directing Specific Additions/Disallowances Bad
</title>
<pubDate>Fri, 06 Nov 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/revision-order-263-directing-ao-to-make-specific-additions-disallowances-bad-in-law.html
</link>
<description>
ITAT-Revision Order u/s 263 directing Assessing Officer to make Specific Additions/Disallowances Bad in Law as CIT had Exceeded his Jurisdiction
</description>
</item>
<item>
<title>
No Incometax bar in keeping cash at home according to requirements
</title>
<pubDate>Thu, 05 Nov 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/there-is-no-bar-in-incometax-act-keeping-cash-at-home-according-to-requirement.html
</link>
<description>
ITAT uphelds that there is no bar in incometax keeping cash at home according to requirements. The cash was kept by assessee for purchasing property
</description>
</item>
<item>
<title>
Third Party Insurance Premium Rates for e-rickshaws 3 Wheelers
</title>
<pubDate>Thu, 05 Nov 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/irda/third-party-insurance-premium-battery-powered-4000-watts-three-wheeler-ecart-erickshaws.html
</link>
<description>
IRDA-Third party Insurance Premium Rates for battery powered three wheelers e-carts e-rickshaws not exceeding 4000 watts for carrying goods, passengers
</description>
</item>
<item>
<title>
Statement Recorded u/s 132(4) under Mental Pressure during Search
</title>
<pubDate>Thu, 05 Nov 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/addition-for-surrender-amount-statement-1324-recorded-under-pressure-during-search.html
</link>
<description>
ITAT-Additions for amount Surrendered merely on the basis of Statement Recorded u/s 132(4) under Distress, Mental Pressure during Serach Seizure Quashed
</description>
</item>
<item>
<title>
SEBI-Voting Results Format of Listed Entities for Stock Exchange
</title>
<pubDate>Wed, 04 Nov 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/voting-results-format-submission-by-listed-entities-to-stock-exchanges-within-48-hours.html
</link>
<description>
SEBI-Format of Voting Results to be submitted by Listed Companies to Stock Exchange within forty eight hours of conclusion of its General Meeting
</description>
</item>
<item>
<title>
Business Responsibility Report Format of Listed Entities Annual Return
</title>
<pubDate>Wed, 04 Nov 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/business-responsibility-report-brr-format-for-listed-companies-annual-return.html
</link>
<description>
SEBI-Business responsibility report format in Annual Return detailing initiatives taken by the listed company on environmental, social and governance
</description>
</item>
<item>
<title>
RBI- Sovereign Gold Bonds Scheme 2015 FAQ
</title>
<pubDate>Wed, 04 Nov 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/sovereign-gold-bond-scheme-2015-faq.html
</link>
<description>
RBI-Sovereign Gold Bonds Scheme 2015 Frequently Asked Questions (FAQ). Eligibility, Gift, Loan Security, Incometax, maximum limit,dmat, minor etc.
</description>
</item>
<item>
<title>
Interest Free amount for Purchasing Exim License are Trade Advances
</title>
<pubDate>Tue, 03 Nov 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/interest-free-advance-for-purchasing-exim-license-are-not-loans-but-trade-advances.html
</link>
<description>
ITAT-Interest Free amount given for purchasing Exim License are Trade Advances given in the ordinary course of business not in the nature of Loans
</description>
</item>
<item>
<title>
Vigilance Directors of more than 20 Companies and Same Address
</title>
<pubDate>Tue, 03 Nov 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/sit/greater-vigilance-person-holding-directorship-more-than-20-companies-operating-same-address.html
</link>
<description>
SIT Calls for Greater Vigilance of Persons holding Directorship in more than 20 Companies and if 20 Companies are Operating from the Same Address
</description>
</item>
<item>
<title>
Appeal Dismissed Form-36 not signed by Society Member/Principal Officer
</title>
<pubDate>Mon, 02 Nov 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/appeal-dismissed-form36-not-signed-by-member-principal-officer-of-society.html
</link>
<description>
ITAT-Appeal Dismissed on the ground of Appeal Form-36 not signed by a Member or Principal Officer of the Society
</description>
</item>
<item>
<title>
If Books are Rejected, GP of the year cannot be used computing Average
</title>
<pubDate>Mon, 02 Nov 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/if-books-accounts-rejected-gross-profit-of-that-year-can-not-be-used-to-compute-average-gp.html
</link>
<description>
ITAT-If Books of Accounts Rejected u/s 145(3) then Gross Profit/Book Results for that year cannot be Considered for Working out the Estimated Average GP
</description>
</item>
<item>
<title>
Interest from Banks Non-SLR Securities Taxable as Business Income
</title>
<pubDate>Mon, 02 Nov 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/interest-from-non-slr-securities-of-banks-taxable-as-business-income-cbdt-circular.html
</link>
<description>
CBDT Circular-18/2015 Interest from Non-SLR Securities of Banks Taxable as Profits and Gains of Business and Profession not Income from Other Sources
</description>
</item>
<item>
<title>
Institutes Consultancy Services through Professors Taxable 11(4A)
</title>
<pubDate>Sun, 01 Nov 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/consultancy-services-by-institute-through-professors-held-business-income-us-114a.html
</link>
<description>
ITAT-consultancy services rendered by the institute through its professors constituted non-charitable business income and hence taxable under section 11(4A)
</description>
</item>
<item>
<title>
Registration 12AA no bar for Partly Charitable Religious Objects
</title>
<pubDate>Sun, 01 Nov 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/registration-12aa-trust-society-can-not-denied-for-mixed-objects-partly-religious-charitable.html
</link>
<description>
ITAT-Registration u/s 12AA and Exemption u/s 11 can not be denied to Trust/Society on the Ground of Mixed Objects ; Partly Charitable Partly Religious
</description>
</item>
<item>
<title>
Deemed Dividend u/s 2(22)(e) not apply to current account transactions
</title>
<pubDate>Sat, 31 Oct 2015 14:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/deemed-dividend-provisions-section-222e-not-applicable-to-current-account-transactions.html
</link>
<description>
ITAT-Loan and Current accounts are different and provisions of Section 2(22)(e) are not applicable to transactions in the nature of current account
</description>
</item>
<item>
<title>
Reopening u/s 147 within 4 Years on Mere Change of Opinion bad
</title>
<pubDate>Sat, 31 Oct 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/reopening-assessment-us-147-even-within-4-years-on-mere-change-of-opinion-not-permitted.html
</link>
<description>
ITAT-Reopening of Assessment u/s 147/148 even within 4 years on mere Change of Opinion not permitted as per the case law of CIT vs. Kelvinator of India Ltd
</description>
</item>
<item>
<title>
No Assessment u/s 153C for Sized Hard Disk Working Papers of CA
</title>
<pubDate>Sat, 31 Oct 2015 09:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-assessment-us-153c-merely-on-the-basis-of-seized-hard-disk-working-papers-from-ca.html
</link>
<description>
Delhi HC-Assessment Proceedings u/s 153C can not be commenced merely on the basis of Computer Hard Disk Working Papers Seized from Chartered Accountant
</description>
</item>
<item>
<title>
ITAT-No additions merely on Valuation Officer DVO Report Basis
</title>
<pubDate>Fri, 30 Oct 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-no-additions-can-be-made-merely-on-the-basis-of-valuation-officers-dvo-report.html
</link>
<description>
ITAT-No unexplained investment addition to be made merely on the basis of Valuation Officer Report unless there are some other incriminating material
</description>
</item>
<item>
<title>
ITAT-Assessment Order with wrong Name, PAN and Status invalid
</title>
<pubDate>Fri, 30 Oct 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-assessment-order-demand-notice-served-with-wrong-name-pan-status-invalid.html
</link>
<description>
ITAT-Assessment Order Served with Demand notice to assessee with wrong Name, PAN and wrong status mentioned as company instead of firm invalid
</description>
</item>
<item>
<title>
RBI- 8 Years Sovereign Gold Bonds Issue for Resident Indian
</title>
<pubDate>Fri, 30 Oct 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/govt-resident-indian-8-years-sovereign-gold-bond-issue-application-from-05112015-to-20112015.html
</link>
<description>
RBI Resident Indian 8 Years Sovereign Gold Bonds Issue from 26-11-2015. Application to be made from 05-11-2015 to 20-11-2015. Minimum Amount 2 Grams
</description>
</item>
<item>
<title>
CIT(A) can not Admit Additional Evidence without AO Examination
</title>
<pubDate>Fri, 30 Oct 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cit-appeal-not-justified-accepting-additional-evidence-without-ao-examination-rule-46a3.html
</link>
<description>
ITAT-CIT(A) not Justified in Admitting Additiona/New Evidence without Examination by Assessing Officer as per Sub Rule (3) of Rule 46A
</description>
</item>
<item>
<title>
Rejecting Registration u/s 12A for Supplementary Trust Deed Objects
</title>
<pubDate>Thu, 29 Oct 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/registration-12a-rejection-on-the-ground-of-supplementary-trust-deed-charitable-objects-set-aside.html
</link>
<description>
ITAT sets aside Order Rejecting Registration u/s 12A merely on the ground of having a Supplementary Trust Deed adding further Objects found Charitable
</description>
</item>
<item>
<title>
Rejecting 12A Registration for Advertisement Expenses Set Aside
</title>
<pubDate>Thu, 29 Oct 2015 14:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/registration-application-12a-rejection-on-the-ground-of-advertisement-expenses-claimed-set-aside.html
</link>
<description>
ITAT-CIT Exemption wrong in Rejecting Application for Registration u/s 12A merely on the ground of Advertisement Expenses claimed by the Trust/Society
</description>
</item>
<item>
<title>
CBDT-Tax Audit Report Filing Due Date also extended to 31-10-2015
</title>
<pubDate>Thu, 29 Oct 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-clarification-due-date-for-obtaining-furnishing-tax-audit-report-also-extended-to-31102015.html
</link>
<description>
CBDT clarifies that due-date for obtaining and E-filing Tax Audit Report u/s 44AB for AY 2015-16 has also been extended till 31-10-2015
</description>
</item>
<item>
<title>
CBDT-Taxation of income from off-shore Rupee Denominated Bonds
</title>
<pubDate>Thu, 29 Oct 2015 09:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-interest-income-capital-gain-taxation-from-off-shore-inr-rupee-denomination-bonds.html
</link>
<description>
CBDT-Taxation of income from off-shore INR Rupee Denominated Bonds. Withholding tax 5 Percent for NRI Investors, Capital Gain shall be Exempt
</description>
</item>
<item>
<title>
ITAT-CIT(A) not Justified in Dismissing Appeal for non appearance
</title>
<pubDate>Thu, 29 Oct 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cit-not-justified-dismissing-appeal-for-repeated-non-appearance-not-adjudicating-issues-on-merit.html
</link>
<description>
ITAT-CIT(A) not Justified in Dismissing Appeal for Repeated Adjournments and non appearance without adjudicating issues on merit
</description>
</item>
<item>
<title>
MCA-Annual Return MGT7, AOC4 Last Date Extension to 30-11-2015
</title>
<pubDate>Wed, 28 Oct 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/extension-of-last-date-for-filing-annual-return-mgt7-eform-adc4-aoc4-to-30112015.html
</link>
<description>
MCA Circular 14/2015-Extension of last data of filing of ADC-4, AOC-4 XBRL and MGT-7 E-Forms from 31-10-2015 to 30-11-2015, additlonal fees Relaxation
</description>
</item>
<item>
<title>
ITAT-Disallowance 40(a)(ia) applies to amount payable at year end
</title>
<pubDate>Wed, 28 Oct 2015 14:40:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/disallowance-40aia-applies-only-to-amount-payable-at-year-end-itat-follows-allahabad-high-court.html
</link>
<description>
ITAT Follows Allahabad High Court Vector Shipping Case to hold Disallowance u/s 40(a)(ia) for TDS non-deduction applies only to Amount Payable at Year End
</description>
</item>
<item>
<title>
Disallowance 40(a)(ia)-ITAT not followed Merilyn Shipping Case
</title>
<pubDate>Wed, 28 Oct 2015 13:40:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/disallowance-40aia-merilyn-shipping-case-not-followed-by-itat-contrary-judgment-of-calcutta-high-court.html
</link>
<description>
ITAT-TDS Non Deduction Disallowance u/s 40(a)(ia) Merilyn Shipping Case not followed by ITAT due to Contrary Judgment of Jurisdictional Calcutta High Court
</description>
</item>
<item>
<title>
Directors Net Profit based Commission Taxable when approved in AGM
</title>
<pubDate>Wed, 28 Oct 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/directors-commission-based-on-company-net-profit-taxable-in-the-year-approved-by-agm.html
</link>
<description>
ITAT-Commission payable to director based on net profits of the company is taxable in the hands of director in the year in which it gets approved in AGM
</description>
</item>
<item>
<title>
Committee setup to simplify provisions of the Income Tax Act 1961
</title>
<pubDate>Tue, 27 Oct 2015 15:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/committee-set-up-to-simplify-provision-of-income-tax-act-1961-justice-easwar.html
</link>
<description>
Setting-Up of Justice Easwar Committee with to simplify the provisions of the Income Tax Act, 1961. First Batch of Recommendations by 31-01-2016
</description>
</item>
<item>
<title>
Online Incometax e-Sahyog Pilot Project Launch to resolve mismatches
</title>
<pubDate>Tue, 27 Oct 2015 15:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/online-sahyog-pilot-project-luanched-to-resolve-mismatch-in-non-scrutinized-itrs.html
</link>
<description>
Launch of Income Tax e-Sahyog Pilot Project to online resolve mismatches in Income-tax returns of taxpayers whose ITRS not selected for scrutiny
</description>
</item>
<item>
<title>
LTCG on Sale of Plots held as Investment not Business income
</title>
<pubDate>Tue, 27 Oct 2015 13:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/ltcg-on-sale-of-plots-held-as-investment-taxed-as-real-estate-business-income-quashed.html
</link>
<description>
Long Term Capital Gain (LTCG) on Sale of Plots held as Investment but Taxed by Assessing Officer as Real Estate Business Income, Order Quashed by ITAT
</description>
</item>
<item>
<title>
Addition for agricultural land Sale out of notified area erroneous
</title>
<pubDate>Tue, 27 Oct 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/addition-made-sale-agricultural-land-situated-out-of-notified-area-claimed-exempt-erroneous.html
</link>
<description>
ITAT-Sale of agricultural land situated out of notified area and claimed exempt, Addition made without considering Khasra Girdawari held as erroneous
</description>
</item>
<item>
<title>
Redressal Taxpayers Grievances received by email at ASK Center
</title>
<pubDate>Tue, 27 Oct 2015 08:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/redressal-of-taxpayers-email-grievances-received-at-aayakar-sampark-kendra-ask-center.html
</link>
<description>
Redressal Taxpayers Grievances/Complaints received from by email at Aayakar Sampark Kendra (ASK Call Center)
</description>
</item>
<item>
<title>
Due Diligence Expenses for acquiring company allowable u/s 37
</title>
<pubDate>Mon, 26 Oct 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/due-diligence-expenses-for-acquiring-company-revenue-nature-allowable-us-37.html
</link>
<description>
ITAT-Expenditure incurred in connection with carrying out due diligence for acquiring/taking over a company are Revenue Expenditure allowable u/s 37
</description>
</item>
<item>
<title>
No Penalty u/s 271(1)(c) for Merely Making a Wrong Claim in ITR
</title>
<pubDate>Mon, 26 Oct 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/mere-making-wrong-claim-in-itr-not-furnishing-inaccurate-information-for-penalty-2711c.html
</link>
<description>
ITAT-Mere making of wrong claim in return of income would not amount to furnishing of inaccurate particulars of income for levy of penalty u/s 271(1)(c)
</description>
</item>
<item>
<title>
No Service Tax Levy on Mere transfer of title in immovable property
</title>
<pubDate>Mon, 26 Oct 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/mere-transfer-of-title-in-immovable-property-in-bmc-exempted-from-service-tax-levy.html
</link>
<description>
No Service Tax Levy on sale of flats/houses if entire consideration received after occupancy certificate issue by BMC resulting mere transfer of title in immovable property
</description>
</item>
<item>
<title>
ICAI-Clarification-Prohibition on use of CA Logo, Emblem
</title>
<pubDate>Mon, 26 Oct 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/clarification-on-prohibition-on-the-use-of-ca-logo-and-emblem-by-members.html
</link>
<description>
ICAI issues Clarification on the doubt on the prohibition on the use of CA Logo and Emblem by the members
</description>
</item>
<item>
<title>
Foreign Exchange Derivative Contract Loss Non-speculative u/s 43(5)
</title>
<pubDate>Sun, 25 Oct 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/loss-on-foreign-exchange-derivatives-contract-balance-sheet-date-held-non-speculative.html
</link>
<description>
ITAT-Foreign exchange derivative contract loss on Balance Sheet Date held non-speculative u/s 43(5), Authorised Capital Increase ROC Fee Capital not Revenue
</description>
</item>
<item>
<title>
Guidelines Tests-Shares Sale Purchase STCG or Business Income
</title>
<pubDate>Sun, 25 Oct 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/portfolio-management-services-not-listed-notified-profession-fee-paid-not-liable-to-tds-194j.html
</link>
<description>
ITAT-Broad Guidelines Tests to determine if Transactions of Sale and Purchase of Shares are Short Term Capital Gain (STCG) or Business/Trade Income
</description>
</item>
<item>
<title>
ITAT-Portfolio Management Fee not Liable to TDS u/s 194J
</title>
<pubDate>Sun, 25 Oct 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/portfolio-management-services-not-listed-notified-profession-fee-paid-not-liable-to-tds-194j.html
</link>
<description>
ITAT-Portfolio Management Fee Paid not Liable to TDS u/s 194J hence no disallowance 40aia. Only Listed/Notified Professions means Professional Services
</description>
</item>
<item>
<title>
ITAT-Interest on refunds Payment Order u/s 244A is Appealable
</title>
<pubDate>Sun, 25 Oct 2015 08:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/order-us-244a-for-payment-of-incorrectly-computed-interest-on-refund-is-appealable.html
</link>
<description>
ITAT-Order of Assessing Officer for payment of incorrectly computed interest on refunds u/s 244A of Income Tax Act 1961 is appealable as held by Bombay HC
</description>
</item>
<item>
<title>
CA Firms Demerger by 75 Percent Partners of any firm valid-Delhi HC
</title>
<pubDate>Sat, 24 Oct 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/demerger-done-by-75-percent-partners-of-any-ca-firm-from-prior-or-after-notice-date-valid.html
</link>
<description>
CA Firms De-merger done by 75 Percent or more partners of any of the erstwhile firms valid. Demerger can also be from a date prior to or after the date of notice
</description>
</item>
<item>
<title>
Circular-Guidelines for Launching Prosecution in Service-tax
</title>
<pubDate>Fri, 23 Oct 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/guidelines-for-launching-prosecution-under-service-tax-circular.html
</link>
<description>
CBEC Circular 1009/16/2015-CX Guidelines for Launching of Prosecution under the Central Excise Act 1944 and Finance Act, 1994 regarding Service-tax
</description>
</item>
<item>
<title>
Service Tax Excise Evasion Arrest Limit increased to One Crores
</title>
<pubDate>Fri, 23 Oct 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/arrest-in-excise-service-tax-only-if-evasion-one-crores-or-more-revised-monetary-limits.html
</link>
<description>
CBEC Circular 1010/17/2015-CX Revised Monetary Limits for Arrest in Central Excise and Service Tax. No arrest till Evasion of Rs. One Crores or More
</description>
</item>
<item>
<title>
RBI Gold Monetization Scheme GMS Directions 2015
</title>
<pubDate>Fri, 23 Oct 2015 16:30:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/reserve-bank-of-india-gold-monetization-scheme-gms-directions-2015.html
</link>
<description>
Reserve Bank of India Gold Monetization Scheme GMS Directions 2015. Modified Gold Deposit Scheme R-GDS, GMS-linked Gold Metal Loan GML Scheme
</description>
</item>
<item>
<title>
ITAT directs CIT(A) to hear assessee, CA failed 6 times to appear
</title>
<pubDate>Fri, 23 Oct 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/hearing-opportunity-given-to-assessee-ca-failed-six-times-to-appear-before-cit-appeals.html
</link>
<description>
ITAT directs CIT(A) to give assessee one more hearing opportunity when Chartered Accountant failed to appear six times being punishment disproportionate to negligence
</description>
</item>
<item>
<title>
No Penalty 271(1)(c) Disallowance u/s 40aia TDS Non Deduction
</title>
<pubDate>Fri, 23 Oct 2015 11:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-penalty-2711c-can-be-imposed-for-expenses-disallowance-40aia-non-deduction-tds.html
</link>
<description>
ITAT-Penalty u/s Section 271(1)(c) can not be imposed for Disallowance for Expenses u/s 40(a)(ia) for Non Deduction of TDS if proper disclosure was made
</description>
</item>
<item>
<title>
RBI-LLP to File Annual Return on Foreign Liabilities and Assets
</title>
<pubDate>Fri, 23 Oct 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/limited-liability-partnership-llp-to-file-annual-return-on-foreign-liabilities-and-assets-fla.html
</link>
<description>
RBI-Annual Return on Foreign Liabilities and Assets. FLA Return Filing/Reporting by Limited Liability Partnerships (LLP)
</description>
</item>
<item>
<title>
Service Tax Mega Exemption PMJDY Savings Bank Account
</title>
<pubDate>Fri, 23 Oct 2015 09:30:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/mega-exemption-to-services-related-to-pmjdy-bank-savings-account-yoga.html
</link>
<description>
Notification 20/2015-Service Tax Mega Exemption Amendment-Business facilitator/correspondent Services for Basic Savings Bank Deposit Account under PMJDY
</description>
</item>
<item>
<title>
Revision Order u/s 263 for Change in Accounting Policy Quashed
</title>
<pubDate>Thu, 22 Oct 2015 17:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/revision-order-us-263-for-change-in-accounting-policy-methods-by-assessee-quashed.html
</link>
<description>
ITAT-Revision Order u/s 263 passed on the Ground that Change in Accounting Policy/Methods by the Assessee resulted in Lowering Profits Quashed
</description>
</item>
<item>
<title>
Additions u/s 68 cash deposits bank withdrawals time gap quashed
</title>
<pubDate>Thu, 22 Oct 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/additions-68-cash-deposits-on-the-ground-time-gap-bank-withdrawal-deposits-quashed.html
</link>
<description>
ITAT-Addition u/s 68 for cash deposits claimed as earlier withdrawal from bank merely on ground of time gap between deposit and withdrawal quashed
</description>
</item>
<item>
<title>
No Penalty u/s 271(1)(c) on Mere Disallowance of Deduction Claimed
</title>
<pubDate>Thu, 22 Oct 2015 14:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-penalty-2711c-on-mere-disallowance-of-deduction-claimed-making-proper-disclosure.html
</link>
<description>
ITAT-No Penalty u/s 271(1)(c) can be imposed on mere disallowance of a deduction which was claimed by assessee after making proper disclosures
</description>
</item>
<item>
<title>
Bank of Baroda Concurrent Audit Empanelment FY 2016-17
</title>
<pubDate>Wed, 21 Oct 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/audit/bank-of-baroda-application-format-for-concurrent-audit-empanelment-fy-201617-last-date-31122015.html
</link>
<description>
Bank of Baroda application fromat Concurrent Audit empanelment of Charetered Accountants Firms for Financial Year 2016-17, Last date to apply 31-12-2015
</description>
</item>
<item>
<title>
Penalty u/s 271D Cash Share Application Money Quashed-ITAT
</title>
<pubDate>Wed, 21 Oct 2015 14:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/penalty-271d-cash-share-application-money-quashed-differece-in-high-courts-judgments.html
</link>
<description>
Penalty u/s 271D for accepting cash share application money quashed for difference of judicial opinion among High Courts. View beneficial to assessee adopted
</description>
</item>
<item>
<title>
Reassessment Order 143(3) 147 without notice 143(2) illegal-ITAT
</title>
<pubDate>Wed, 21 Oct 2015 14:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/reopen-reassessment-order-passed-1433-147-without-issue-of-notice-143-is-bad-in-law.html
</link>
<description>
ITAT-Non issue of notice u/s 143(2) after filing of the return by the Assessee u/s 148 would make the assessment order passed u/s 143(3) 147 bad in law
</description>
</item>
<item>
<title>
ITAT-Valid Reopening Reassessment u/s 147 Step-wise Requirement
</title>
<pubDate>Tue, 20 Oct 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/step-wise-mandatory-requirements-for-valid-reopening-reassessment-section-147.html
</link>
<description>
ITAT-Step-wise Requirement to be Mandatorily observed by Assessing Officer for Valid Reopening and Reframing Income Tax Assessment u/s 147
</description>
</item>
<item>
<title>
Transfer Pricing Arm Length Price Computation-Notification 83/2015
</title>
<pubDate>Tue, 20 Oct 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/transfer-pricing-amendment-rule-10b-10ca-to-calculate-more-than-one-arm-length-price.html
</link>
<description>
Notification 83/2015-Transfer Pricing Rules Amendment, Rule 10CA to Compute Arm Length Price ALP for More than One Price resulting from Appropriate Method
</description>
</item>
<item>
<title>
Transfer Pricing Rules with Range concept Multi-year Data notified
</title>
<pubDate>Mon, 19 Oct 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/transfer-pricing-rules-to-incorporate-range-concept-and-multi-year-data-notified.html
</link>
<description>
Transfer Pricing Rules to incorporate range concept and use of multi-year data notified to reduce litigation on transfer pricing issues
</description>
</item>
<item>
<title>
CBDT-Incometax E-Hearing Assessment Processing Pilot Project
</title>
<pubDate>Tue, 20 Oct 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/pilot-project-e-hearing-assessment-proceedings-mumbai-bengaluru-ahmedabad-chennai.html
</link>
<description>
CBDT-Pilot Project in Delhi Mumbai Bengaluru Ahmedabad and Chennai for e-hearing of assessment processing in electronic mode for 100 Cases
</description>
</item>
<item>
<title>
Excel Salary Arrears Relief Calculator Form 10E AY 2016-17
</title>
<pubDate>Mon, 19 Oct 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometaxforms/excelautoform10e.html
</link>
<description>
ABCAUS Excel Auto Salary Arrears Relief Calculator Form 10E under Section 89(1) for AY 2016-17 Download
</description>
</item>
<item>
<title>
If assessee not complied with notices, assessment 143(3) valid
</title>
<pubDate>Mon, 19 Oct 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/if-assessee-not-complied-with-notices-142-assessment-us-143-valid-could-also-be-us-144.html
</link>
<description>
If assessee not complied with notices issued u/s 142(1), assessment u/s 143(3) valid, it could have also been done u/s 144 Income Tax Act 1961-PH HC
</description>
</item>
<item>
<title>
Limited Liability Partnership (Amendment) Rules 2015
</title>
<pubDate>Mon, 19 Oct 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/limited-liability-partnership-amendment-rules-2015.html
</link>
<description>
MCA-Limited Liability Partnership (Amendment) Rules, 2015 wef 19-10-2015
</description>
</item>
<item>
<title>
Incometax on rough diamonds display in Special Notified Zone
</title>
<pubDate>Mon, 19 Oct 2015 05:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/display-income-rough-uncut-dimond-display-specified-notified-zone-from-01042015.html
</link>
<description>
CBDT-Mere display of rough uncut diamond without sorting or sale inside a Special Notified Zone carried out on or after 01-04-2015 shall not be taxable
</description>
</item>
<item>
<title>
Major Renovation not Existing Business Extension u/s 36(1)(iii)
</title>
<pubDate>Sun, 18 Oct 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/interest-borrowed-capital-renovation-not-extension-existing-business-disallowance-361iii.html
</link>
<description>
ITAT-Interest Paid on Borrowed Capital for Major Renovation, Repair Work is not for Extension of Existing Business for Disallowance u/s 36(1)(iii)
</description>
</item>
<item>
<title>
High Frequency no Critera Treating STCG/LTCG Business Income
</title>
<pubDate>Sun, 18 Oct 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/high-frequency-shares-sale-purchase-no-criteria-for-investment-business-income.html
</link>
<description>
ITAT-High Frequency of Shares Sale/Purchase Transactions or Dividend Amount Received no Critera for Treating SCTG/LTCG as Business Income not Investment
</description>
</item>
<item>
<title>
ICSI Request MCA to Extend MGT7 AOC4 Filing Date 31-12-2015
</title>
<pubDate>Sat, 17 Oct 2015 17:30:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/icsi-extension-last-date-filing-mgt7-annual-return-aoc4-balancesheet-to-31122015.html
</link>
<description>
ICSI Requests MCA for Extension of Last Date for Filing of Form MGT-7 (Annual Return) and AOC-4 (Financial Statement) to 31-12-2015
</description>
</item>
<item>
<title>
Form-10 Income Accumulation Objects not Vague if same in Bye Laws
</title>
<pubDate>Sat, 17 Oct 2015 16:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-objects-income-accumulation-us-11-2-form10-not-vague-if-same-as-per-bye-laws.html
</link>
<description>
ITAT-Objects stated in Form-10 for Income Accumulation u/s 11(2) not Vague if same as per Objects in the Bye Laws of the Trust/Society Registered u/s 12A
</description>
</item>
<item>
<title>
SC-Collegium Upheld, Constituion 99th Amendment NJAC Act Unconstitutional
</title>
<pubDate>Sat, 17 Oct 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in//collegium/supreme-court-strikes-down-99th-constitutional-amendment-njac-act-unconstitutional.html
</link>
<description>
Supreme Court Strikes down 99th Constitutional Amendment and National Judicial Appointments Commission Act 2014 as Unconstitutional, Restores Collegium System
</description>
</item>
<item>
<title>
SC-Aadhaar Card is purely voluntary and not mandatory
</title>
<pubDate>Sat, 17 Oct 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/aadhaar-card/mgnregs-pensions-pmjdy-epfo-allowed-use-aadhaar-but-voluntarily-not-mandatory.html
</link>
<description>
SC allows four more Schemes that may use AADHAAR Card but reiterates that Aadhaar Card Scheme is purely voluntary and cannot be made mandatory
</description>
</item>
<item>
<title>
Service Tax Exemption to Indian Bank/MTS Agents on Foreign Currency Remittance
</title>
<pubDate>Fri, 16 Oct 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/no-levy-indian-banks-mts-agents-foreign-currency-remittance-period-01072012-to-13102014.html
</link>
<description>
Notification 19/2015. No Levy of Service Tax on Indian Bank/other MTS Agent Entities for Foreign Currency Remittance to India from 01-07-2012 to 13-10-2014
</description>
</item>
<item>
<title>
Reopening Assessment u/s 147 148 on Investigation Wing Information
</title>
<pubDate>Fri, 16 Oct 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/reopening-assessement-147-148-on-basis-information-received-from-investigation-wing.html
</link>
<description>
Reopening Assessment u/s 147 148 on the basis of information received from Investigation Wing on matters already examined in regular assessment completed
</description>
</item>
<item>
<title>
CBDT Revised Updated Guidance-Transfer Pricing Provisions
</title>
<pubDate>Fri, 16 Oct 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-revised-updated-guidance-for-implementation-of-transfer-pricing-provisions.html
</link>
<description>
CBDT Instruction 15/2015-Revised, Updated Guidance for Implementation of Transfer Pricing Provisions related to International Transactions, ALP Computation
</description>
</item>
<item>
<title>
Additions u/s 68 not always Concealment for Penalty 271(1)(c)
</title>
<pubDate>Fri, 16 Oct 2015 05:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-additions-us-68-legal-fiction-not-necessarily-result-concealment-penalty-2711c.html
</link>
<description>
ITAT-Additions u/s 68 of Income Tax Act is Legal Fiction, not necessarily result of Concealment of Particulars of Income for levy of Penalty 271(1)(c)
</description>
</item>
<item>
<title>
Depreciation allowability-Vehicles Cars in name of Directors
</title>
<pubDate>Thu, 15 Oct 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/depreciation-allowability-for-cars-vehicles-purchased-in-the-names-of-directors.html
</link>
<description>
ITAT follows High Courts Judgment and allows depreciation to company on Vehicles Cars purchased and registered in the names of Directors
</description>
</item>
<item>
<title>
Reassessment u/s 147 Supply of Undated Unsigned Reasons
</title>
<pubDate>Thu, 15 Oct 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/reopening-assessment-us-147-supply-of-incomplete-unsigned-undated-reasons-to-assessee.html
</link>
<description>
ITAT-Reopening Assessment u/s 147 Quashed. Supply of Incomplete, Unsigned and Undated Reasons to Assessee, Not Adjudicating Objections Raised
</description>
</item>
<item>
<title>
ITAT-Reassessment u/s 147 for Change of Opinion not allowed
</title>
<pubDate>Thu, 15 Oct 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/reopening-assessment-us-147-interest-free-loans-advances-bad-as-change-of-opinion.html
</link>
<description>
ITAT-Reopening Income Tax Assessment u/s 147 on the Ground of Giving Interest Free Loans/Advances Quashed as Mere Change of Opinion which is not allowed
</description>
</item>
<item>
<title>
ICAI-Fictitious/Forged Exam Documents attestation by Members
</title>
<pubDate>Thu, 15 Oct 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/fictitious-forged-student-examination-documents-submission-attestation-by-members-warning.html
</link>
<description>
ICAI Warns on the Submission of Fictitious/Forged Documents by Students/Candidates for Institute\x92s Examinations and attestation by Members
</description>
</item>
<item>
<title>
Scrutiny of Assessees Engaged in Iron Ore Mining Business
</title>
<pubDate>Wed, 14 Oct 2015 14:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/framing-of-scrutiny-assessment-of-assessee-engaged-in-the-business-iron-ore-mining.html
</link>
<description>
CBDT-Scrutiny of Assessees Engaged in Iron Ore Mining Business. Production Stock as per Annual Return filed with Indian Bureau of Mines to be compared
</description>
</item>
<item>
<title>
Order set aside-not reasoned as per Supreme Court guidelines
</title>
<pubDate>Wed, 14 Oct 2015 13:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-order-set-aside-being-not-speaking-reasoned-as-per-supreme-court-guidelines.html
</link>
<description>
Punjab and Haryana High Court sets aside ITAT Order for being not Speaking, Reasoned as per the Guidelines laid down by the Supreme Court
</description>
</item>
<item>
<title>
SEBI-Simplified Uniform Listing Agreement Format
</title>
<pubDate>Wed, 14 Oct 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/simplified-uniform-listing-agreement-format-applicable-to-all-entities-securities.html
</link>
<description>
SEBI-Simplified and Uniform Stock Exchanges Listing Agreement Format which is applicable to all types of Securities/listed Entities
</description>
</item>
<item>
<title>
Claiming Medical Expenditure Deduction u/s 80DDB Made Easy
</title>
<pubDate>Wed, 14 Oct 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/medical-expenditure-deduction-80ddb-claim-prescription-required-not-certificate.html
</link>
<description>
CBDT-Claiming Medical Expenditure Deduction u/s 80DDB. As per amended Rule 11DD, Certificate Requirement is Replaced by Prescription issued by any Specialist
</description>
</item>
<item>
<title>
CBDT-Additional Benches of DRP-3 at Mumbai DRP-2 at Bengaluru
</title>
<pubDate>Wed, 14 Oct 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/creation-of-additional-benches-of-drp-at-mumbai-bengaluru.html
</link>
<description>
Due to large pendency at Mumbai and Bengaluru, the CBDT has decided to create additional Benches DRP-3 at Mumbai DRP-2 at Bengaluru
</description>
</item>
<item>
<title>
Medical Treatment Deduction on Private Hospital Prescription
</title>
<pubDate>Tue, 13 Oct 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/deduction-80ddb-medical-treatment-allowed-on-basis-of-private-hospital-specialist-prescription.html
</link>
<description>
CBDT Notification-78/2015. Rule 11DD amended to allow Medical Treatment Deduction u/s 80DDB on the basis of Private Hospital Specialists Prescription
</description>
</item>
<item>
<title>
ITAT-12AA Registration Exemption available for Earlier Years
</title>
<pubDate>Tue, 13 Oct 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/registration-us-12aa-exemption-benefit-available-for-earlier-years-unless-refused-cancelled.html
</link>
<description>
ITAT-Income Tax Registration u/s 12AA Exemption Benefits to Charitable Trust/Society once Granted Available for Earlier Years unless Cancelled or Refused
</description>
</item>
<item>
<title>
Gift Donor not expected share confidential info with incometax
</title>
<pubDate>Tue, 13 Oct 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/gift-donor-not-expected-share-confidential-information-with-authorities-additions-68-69.html
</link>
<description>
Delhi High Court-Gift Donor could not be expected to share with Income Tax Authorities such details which understandably may be considered as confidential
</description>
</item>
<item>
<title>
ITAT-Reassessment Quashed for Non Supply of Reasons Recorded
</title>
<pubDate>Mon, 12 Oct 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-reassessment-proceedings-147-148-quashed-for-non-supply-of-reasons-recorded.html
</link>
<description>
ITAT-Incometax Reassessment Proceedings u/s 147 148 Quashed for Non Supply of Reasons Recorded and Non-application of Mind to Information received by CBI
</description>
</item>
<item>
<title>
Reopening u/s 147 for 26AS Difference Audit Objection Invalid
</title>
<pubDate>Mon, 12 Oct 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/reopening-147-audit-objection-basis-26as-tds-income-difference-already-on-record-invalid.html
</link>
<description>
ITAT-Assessment Reopening u/s 147 based on Audit Objection only for Difference of Income in TDS Statement Form 26AS already Available on Record invalid
</description>
</item>
<item>
<title>
Balancesheet Advances Grouping based Deemed Dividend 222e Quashed
</title>
<pubDate>Mon, 12 Oct 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/deemed-dividend-222e-balancesheet-advance-grouping-money-landing-substantial-part.html
</link>
<description>
No Deemed Dividend u/s 2(22)(e) based on Balancesheet Grouping of Advance by Company which was in Ordinary Course and Money Landing Substantial part of Business
</description>
</item>
<item>
<title>
CBDT Clarification- Media Reports on Notice to Nokia India
</title>
<pubDate>Mon, 12 Oct 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-clarification-media-reports-on-fresh-notice-to-nokia-india.html
</link>
<description>
CBDT-Clarification regarding Media Reports on Fresh Income tax Notice to Nokia India
</description>
</item>
<item>
<title>
CIT-A can consider exemption us/ 1023Ciiiad though not raised
</title>
<pubDate>Sun, 11 Oct 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-cit-appeals-has-power-to-consider-exemption-claim-1023ciiiad-though-not-raised.html
</link>
<description>
ITAT-CIT-Appeals has power to consider assessees alternative claim of exemption u/s 10(23C)(iiiad) though not specifically raised in the ground of appeal
</description>
</item>
<item>
<title>
ITAT-Penalty u/s 271B can not be levied along with 271A
</title>
<pubDate>Sun, 11 Oct 2015 08:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-penalty-under-section-271b-can-not-be-levied-along-with-penalty-271a.html
</link>
<description>
ITAT- If Penalty under Section 271A of the Income Tax Act is Levied against the Assessee, Penalty u/s 271B of the Act cannot be Levied simultaneously
</description>
</item>
<item>
<title>
No Penalty 271(1)(c) ITR filed in time disclosing income detected in Survey
</title>
<pubDate>Sun, 11 Oct 2015 08:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-no-penalty-2711c-itr-filed-within-due-date-disclosing-income-detected-in-survey.html
</link>
<description>
ITAT-Penalty 271(1)(c) can not be imposed if Return of Income is filed within Prescribed Due Date disclosing the Income detected during Survey Conducted
</description>
</item>
<item>
<title>
ITAT-Trade Advance Written off is allowable Deduction u/s 28
</title>
<pubDate>Fri, 09 Oct 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/trade-advance-written-off-is-allowable-deduction-us-28-as-regular-trading-loss.html
</link>
<description>
ITAT-Trade advance written off not allowable u/s 36(1)(vii) or section 36(2) is allowable deduction as regular trading loss u/s 28 of the Income Tax Act
</description>
</item>
<item>
<title>
CBDT-Monitoring of timely effect to CIT (Appeals) Orders
</title>
<pubDate>Fri, 09 Oct 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/monitoring-of-delay-in-giving-timely-effect-to-cit-appeals-orders-by-assessing-officers.html
</link>
<description>
CBDT asks for PrCCIT/DGIT to monitor delays in giving timely effect to the orders of CIT(Appeals) by Assessing Officers
</description>
</item>
<item>
<title>
No Revision 263-Assessment Order not Contains Inquiries Made Details
</title>
<pubDate>Fri, 09 Oct 2015 09:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-revision-263-on-ground-assessment-order-contain-no-details-of-inquiries-made.html
</link>
<description>
ITAT- Merely because Assessment order contain no details of enquiry/verification made it is not erroneous prejudicial to revenue fit for revision u/s 263
</description>
</item>
<item>
<title>
View Download CPC Outstanding Demand Computation Sheet
</title>
<pubDate>Fri, 09 Oct 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/view-download-cpc-outstanding-demand-computation-sheet-details-efiling-website.html
</link>
<description>
View/Download CPC Computation Sheet Details for Outstanding Tax Demand Raised by Assessing Officer on the Incometax e-Filing Website
</description>
</item>
<item>
<title>
Exemption 1023C-No Denial for Non-filing Audit Report with Application
</title>
<pubDate>Thu, 08 Oct 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/exemption-1023c-can-not-be-denied-merely-for-non-filing-audit-report-with-application.html
</link>
<description>
Delhi HC-Exemption u/s 10(23C) can not be denied on Failure to File Audit Report Form-10BB, if Furnished Subsequently before Rejection of Application
</description>
</item>
<item>
<title>
No Addition u/s 68 for Fund Transfer Same Day after Cash Deposits
</title>
<pubDate>Thu, 08 Oct 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/additions-us-68-for-bank-fund-transfers-same-day-after-cash-deposit-relatives-account.html
</link>
<description>
ITAT- No Addition u/s 68 Merely on the Basis that Fund Transferred to Assessee\x92s Account on Same Date/2-3 Days after Cash Deposit in Parties Accounts
</description>
</item>
<item>
<title>
High Frequency does not make STCG Business/Trading Income
</title>
<pubDate>Thu, 08 Oct 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/stcg-not-treated-business-trading-income-merely-due-to-high-frequency-transactions.html
</link>
<description>
ITAT- No Addition for Cash Withdrawal from Bank Pre-recorded in Cash book on a Date Earlier to withdrawal if Existing Balance was Sufficient to meet Expenses
</description>
</item>
<item>
<title>
Bank Cash Withdrawal Pre-recorded in Cash Book Additions
</title>
<pubDate>Thu, 08 Oct 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-bank-cash-withdrawal-pre-recorded-in-cash-book-on-earlier-date-addition-deleted.html
</link>
<description>
ITAT- No Addition for Cash Withdrawal from Bank Pre-recorded in Cash book on a Date Earlier to withdrawal if Existing Balance was Sufficient to meet Expenses
</description>
</item>
<item>
<title>
ITAT-No Requirement for Maintaining Separate DEMAT Account
</title>
<pubDate>Wed, 07 Oct 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-requirement-maintain-separate-share-demat-account-in-portfolio-management.html
</link>
<description>
ITAT-There was no Requirement for Maintaining a Separate DEMAT Account when Shares/Securities were held by Portfolio Manager in a Pool
</description>
</item>
<item>
<title>
No provision requiring assessee update address in PAN Database
</title>
<pubDate>Wed, 07 Oct 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-provision-requiring-assessee-update-changed-address-in-pan-database-notice-service.html
</link>
<description>
Delhi HC-No Provision in the Income Tax Act requiring Assessee to update Changed Address in PAN Data Base precluding from challenging service of notice
</description>
</item>
<item>
<title>
CBDT-Income Tax Proposed Strike on 08-10-2015 illegal
</title>
<pubDate>Wed, 07 Oct 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-strike-on-08102015-illegal-absent-participating-employees-details-to-be-reported.html
</link>
<description>
CBDT-Income Tax Proposed Strike on 08-10-2015 illegal. No Leave to be granted, Details of Employees Absent or taking part of Strike to be reported
</description>
</item>
<item>
<title>
Agricultural Land Municipal Aerial Distance from AY 2014-15-CBDT
</title>
<pubDate>Wed, 07 Oct 2015 09:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-circular-agricultural-land-municipality-aerial-distance-to-appy-from-ay-201415.html
</link>
<description>
CBDT Circular 17/2015-Agricultural Land Municipality Distance Aerial Measuring from AY 2014-15, for Prior Years, Shortest Road Distance Measure to be adopted
</description>
</item>
<item>
<title>
Regrouping Audited Accounts Figures must be Scrutinised-DELHI HC
</title>
<pubDate>Tue, 06 Oct 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/regrouping-audited-accounts-figures-must-be-scrutinised-by-authorities-delhi-hc.html
</link>
<description>
DELHI HC- Income Tax Authorities ought to Strictly Scrutinise Claims of regrouping of Figures Appearing in Audited Signed Accounts Subsequent to such Signing
</description>
</item>
<item>
<title>
EVC Validation of ITRs filed on or after 01-04-2015 AY 2014-15
</title>
<pubDate>Tue, 06 Oct 2015 14:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/evc-validation-of-itrs-filed-electronically-on-or-after-01042015-for-ay-201415.html
</link>
<description>
ITRs filed on after 01-04-2015 electronically for AY 2014-2015 or filed in response to notices/condonation of delay can also be validated through EVC
</description>
</item>
<item>
<title>
No Capital Gain Tax on Asset acquired by Adverse Possession
</title>
<pubDate>Tue, 06 Oct 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-cost-of-acquisition-capital-gain-on-sale-of-assets-acquired-by-adverse-possession.html
</link>
<description>
ITAT- No Capital Gain Chargeable to Income Tax on Sale of Asset acquired by way of Adverse Possession for no Cost of Acquisition u/s 55(2) despite Amendment
</description>
</item>
<item>
<title>
Abandoned Feature Films Expenses not Capital Expenditure-CBDT
</title>
<pubDate>Tue, 06 Oct 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/expenditure-on-abandoned-feature-films-to-be-treated-as-capital-expenditure-rule9.html
</link>
<description>
CBDT-Rule 9A shall not apply to Abandoned Feature Films. Expenses incurred not to be treated as a Capital but Revenue Expenditure in view of Delhi HC Judgment
</description>
</item>
<item>
<title>
Partners Remuneration Share Not Specified in Deed-Allowed
</title>
<pubDate>Mon, 05 Oct 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-partners-remuneration-not-specified-in-partnership-deed-allowed-us-40bv.html
</link>
<description>
Partnership Deed Clause that Remuneration to Partners Payable in Accordance with Provisions of Section 40(b)(v) though shares not specified is allowable
</description>
</item>
<item>
<title>
ITAT-Mere Non Production Vouchers/Bills not Concealment 271(1)(c)
</title>
<pubDate>Mon, 05 Oct 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/mere-non-production-expenses-bills-vouchers-not-concealment-for-peanlty-2711c.html
</link>
<description>
Merely because supporting vouchers/bills for expenses not produced, it can not be said that assessee claimed bogus expenses and be penalized u/s 271(1)(c)
</description>
</item>
<item>
<title>
Service Tax on Ancillary Services by Goods Transport Agency GTA
</title>
<pubDate>Mon, 05 Oct 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/levy-and-abatement-on-ancillary-services-provided-by-goods-transport-agency-gta.html
</link>
<description>
Service Tax Circular-186/5/2015- Service Tax levy on Ancilllary Services provided by a Goods Transport Agency GTA and Availability of Abatement of 70 Percent
</description>
</item>
<item>
<title>
KYC PAN Address Information of Customer not Apply to Sale of Goods
</title>
<pubDate>Mon, 05 Oct 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/customers-pan-address-kyc-norm-information-not-applicable-for-sale-of-goods.html
</link>
<description>
ITAT- Incometax Assessing Officer asking information of Customer PAN Addresses under KYC Norms, which is not Compulsory in case of Sale of Goods
</description>
</item>
<item>
<title>
ITAT-For Section 80P Deduction Cooperative Society not Bank
</title>
<pubDate>Sun, 04 Oct 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/for-deduction-80p2ai-cooperative-society-not-bank-us-80p4-unless-recognised-by-rbi.html
</link>
<description>
ITAT-For 80P Deduction Cooperative Society providing Credit Facility to Members is not Coperative Bank u/s 80P(4) unless Recognised so by RBI as per Rules
</description>
</item>
<item>
<title>
ITAT-Relevant and Necessary Additional Evidence Admissible
</title>
<pubDate>Sun, 04 Oct 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-additional-evidences-documents-which-are-relevant-and-necessary-are-admissible.html
</link>
<description>
ITAT-Additional Evidence/Documents which are Necessary and Relevant for Just Decision of the Matter are Admissible in Income Tax Proceedings
</description>
</item>
<item>
<title>
ITAT-No Income Tax on Adjustment of Excess Salary Recoverd
</title>
<pubDate>Sun, 04 Oct 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tax-liability-on-adjustment-of-excess-salary-paid-in-earlier-years-refunded-current-year.html
</link>
<description>
ITAT-No Income Tax Liability on Adjustment of Excess Salary paid by the Employer in the earlier years but refunded/recovered during the present year
</description>
</item>
<item>
<title>
UP Govt HRA Rate applicable on Place of Work not District
</title>
<pubDate>Sat, 03 Oct 2015 17:30:00 GMT</pubDate>
<link>
https://abcaus.in/up-govt/hra-go-rates-applicable-if-place-of-work-not-district-within-notified-municipal-area.html
</link>
<description>
UP Govt GO HRA Rate applicable if place of work is within a notified municipal area, District in which the institution is situated is not material-Allahabad HC
</description>
</item>
<item>
<title>
CLB-Urgent, Mentioning Matters Mumbai Bench at New Delhi
</title>
<pubDate>Sat, 03 Oct 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/clb/urgent-mentioning-matters-mumbai-bench-at-new-delhi-every-tuesday-thrusday.html
</link>
<description>
CLB-Urgent and Mentioning Matters Fallng in Mumbai Bench to be Mentioned at New Delhi 2.30 pm Every Tuesday and Thursday
</description>
</item>
<item>
<title>
Cost of Acquisition of Asset does not Include Interest on Loan
</title>
<pubDate>Sat, 03 Oct 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cost-of-acquisition-of-asset-does-not-include-interest-on-loan-borrowed-to-purchase-it.html
</link>
<description>
ITAT-Actual Cost of Acquisition of Asset is the Amount paid to Acquire it and does not include Interest on Loan Borrowed for Purchasing such Asset
</description>
</item>
<item>
<title>
Uniform Net Profit cannot be adopted in Every Similar Business
</title>
<pubDate>Fri, 02 Oct 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/uniform-net-profit-rate-can-not-be-adopted-in-each-and-every-similar-business.html
</link>
<description>
ITAT- The Uniform Net Profit cannot be Adopted in Each and Every Case of Similar Business, Estimation must be on the basis of Facts involved
</description>
</item>
<item>
<title>
Incometax not justified ignoring Tax Auditor Rectification
</title>
<pubDate>Fri, 02 Oct 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/authorities-wrong-ignoring-auditors-rectification-erroneous-tax-audit-report-3cd.html
</link>
<description>
ITAT-Income Tax not justified for disallowance u/s 43B ignoring and refusing rectification of error in 3CD Report by Tax Auditor and Clarification issued
</description>
</item>
<item>
<title>
Deemed Dividend Liability u/s 2(22)(e) Only till Sale of Shares
</title>
<pubDate>Fri, 02 Oct 2015 05:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/deemed-dividend-222e-liability-only-till-date-of-sale-of-shares-beneficial-ownership.html
</link>
<description>
ITAT-Deemed Dividend Liability u/s 2(22)(e) is on Loans/Advances only till date of Sale of Shares by Shareholder Ceasing Beneficial Ownership of 10 Percent
</description>
</item>
<item>
<title>
Erroneous but not Prejudical Order cannot be Revised us 263
</title>
<pubDate>Thu, 01 Oct 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/revision-us-263-only-on-coexisting-twin-conditions-erroneous-prejudical-to-revenue.html
</link>
<description>
ITAT- Revision u/s 263 Permissible Only If Twin Conditions-Order is Erroneous and it is Prejudicial to the Interest of the Revenue Co-exist
</description>
</item>
<item>
<title>
Packing Material as per Specification, TDS 194C Liability
</title>
<pubDate>Thu, 01 Oct 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-no-tds-194c-packing-materials-made-to-specification-not-supplied-by-customer.html
</link>
<description>
ITAT- Payments for Packing Materials as per Specification if Materials not Supplied by customer are not works contract requiring TDS u/s 194C
</description>
</item>
<item>
<title>
CBDT extends Tax Audit date for Whole India to 31-10-2015
</title>
<pubDate>Thu, 01 Oct 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-order-whole-india-extension-of-tax-audit-itrs-filing-date-31102015-ay-201516.html
</link>
<description>
CBDT-Extends Due date for Filing ITRs/tax Audit Reports to 31-10-2015 for Whole of India
</description>
</item>
<item>
<title>
CBDT-638 Declaration Received under Black Money Act
</title>
<pubDate>Thu, 01 Oct 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/638-declaration-received-under-black-money-act-2015-compliance-wndow.html
</link>
<description>
CBDT-638 Declaration under Black Money Act Received under Compliance Window declaring Undisclosed Foreign Assets amounting to Rs 3770 Crore
</description>
</item>
<item>
<title>
Orissa HC extends Tax Audit Date to 31-10-2015 AY 2015-16
</title>
<pubDate>Wed, 30 Sep 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/orissa-high-court-tax-audit-date-extension-order-judgment-status-201516.html
</link>
<description>
Orissa High Court grants interim relief by Extension of Tax Audit Due Date to 31-10-2015 for AY 2015-16 Writ Petition Filed by Jagdish Prasad Mittal
</description>
</item>
<item>
<title>
Bombay HC extends Tax Audit Date to 31-10-2015 Judgment
</title>
<pubDate>Wed, 30 Sep 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/bombay-high-court-tax-audit-date-extension-judgment-chamber-of-tax-consultants.html
</link>
<description>
Bombay High Court Extend Tax Audit Due Date to 31-10-2015 for AY 2015-16. Full Judgment Writ Petition Filed by Chamber of Tax Consultants
</description>
</item>
<item>
<title>
CBDT Notification-New Revised Simplified 15G 15H Format
</title>
<pubDate>Wed, 30 Sep 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-notification-new-revised-simplified-15g-15h-electronic-paper-format.html
</link>
<description>
CBDT Notification 76/2015-New, Revised and Simplified Form 15G 15H Format to be Submitted in Paper form or electronically
</description>
</item>
<item>
<title>
CBDT Order for Tax Audit Date Extension in Punjab and Chandigrah Only
</title>
<pubDate>Wed, 30 Sep 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-order-for-extension-of-tax-audit-itrs-due-date-to-31-10-2015-ay-201516.html
</link>
<description>
CBDT Order 119 for Extension of Tax Audit/ITRs Due Date from 30-09-2015 to 31-10-2015 in Punjab and Chandigarh Only
</description>
</item>
<item>
<title>
CBDT-15G 15H Electronic Forms-Simplified Procedure
</title>
<pubDate>Wed, 30 Sep 2015 08:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/form-15g-15h-can-be-submitted-electronically-or-in-paper-format.html
</link>
<description>
CBDT-Form 15G 15H Simplified Procedure. Forms can be submitted in paper form or electronically. Deductor need not submit physical copy to Income tax
</description>
</item>
<item>
<title>
CBDT contesting Extension order in Supreme Court
</title>
<pubDate>Tue, 29 Sep 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-contesting-high-court-tax-audit-date-extension-order-in-supreme-court.html
</link>
<description>
CBDT contesting High Court Order of Extension in Supreme Court, hearing Tomorrow
</description>
</item>
<item>
<title>
CBDT Order for Tax Audit Date Extension to 31-10-2015 AY 2015-16
</title>
<pubDate>Tue, 29 Sep 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-order-for-extension-of-tax-audit-itrs-due-date-to-31-10-2015-ay-201516.html
</link>
<description>
CBDT Order 119 for Extension of Tax Audit/ITRs Due Date from 30-09-2015 to 31-10-2015 in view of High Court of Punjab and Haryana and Gujarat Order
</description>
</item>
<item>
<title>
CBDT likely to contest Extension order in Supreme Court
</title>
<pubDate>Tue, 29 Sep 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tax-audit-date-extension-ay-201516-delhi-gujarat-punjab-high-court-appeals.html
</link>
<description>
It is very likely that CBDT shall contest the High Court Judgments of Extension in Supreme Court
</description>
</item>
<item>
<title>
Gujarat HC-Tax Audit Date extended to 31-10-2015 for AY 2015-16
</title>
<pubDate>Tue, 29 Sep 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/gujarat-high-court-has-extended-tax-audit-due-date-to-31-10-2015-ay-201516.html
</link>
<description>
Gujarat High Court diects CBDT to Extend Tax Audit/ITRs Date from 30-09-2015 to 31-10-2015. Complete Judgment/Order awaited
</description>
</item>
<item>
<title>
Punjab and Haryana High Court Tax Audit dated extended to 31-10-2015?
</title>
<pubDate>Tue, 29 Sep 2015 04:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/punjab-haryana-high-court-judgment-on-tax-audit-due-date-extension-ay-201516.html
</link>
<description>
It is learnt from unconfirmed sources that Punjab and Haryana High Court has Extended Tax Audit Due Date for AY 2015-16 to 31-10-2015. Details awaited
</description>
</item>
<item>
<title>
ITAT- Assessmet to be as per ITR not Balancesheet made for Bank
</title>
<pubDate>Mon, 28 Sep 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/assessment-on-basis-of-itr-not-inflated-figures-in-balancesheet-made-for-bank.html
</link>
<description>
ITAT-Income Tax Assessment Should be on the basis of Information Submitted in the ITR and not Inflated Figures as per Balancesheet made for Bank. case Remanded
</description>
</item>
<item>
<title>
Karnataka HC Full Judgment-No Relief
</title>
<pubDate>Mon, 28 Sep 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/karnataka-high-court-tax-audit-date-extension-order-judgment-201516-kscaa-petition.html
</link>
<description>
Karnataka HC Full Judgment-No Relief for Tax Audit extension, CBDT to consider representations by tomorrow
</description>
</item>
<item>
<title>
ITAT-Seized Cash Adjustment with Self Assessment tax Valid
</title>
<pubDate>Mon, 28 Sep 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/adjustment-of-seized-cash-with-self-assessment-tax-valid-under-section-132b.html
</link>
<description>
ITAT-Adjustment of seized cash with self assessment income tax payable with return of income is in order and in accordance with section 132B
</description>
</item>
<item>
<title>
Karnataka HC directs CBDT to Extend the date by Tomorrow
</title>
<pubDate>Mon, 28 Sep 2015 08:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/karnataka-high-court-tax-audit-date-extension-order-judgment-201516-kscaa-petition.html
</link>
<description>
Karnataka HC directs CBDT to issue notification for extension by tomorrow 4.30 PM
</description>
</item>
<item>
<title>
CBDT Press Release-Fake Order Tax Audit Extended 15-10-2015
</title>
<pubDate>Mon, 28 Sep 2015 05:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-press-release-on-fake-order-of-tax-audit-date-extension-15-10-2015.html
</link>
<description>
CBDT Press Release-Fake Order for Tax Audit Due date AY 2015-16 Extension to 15-10-2015.
</description>
</item>
<item>
<title>
Tax Audit Extension-High Court Appeals Status
</title>
<pubDate>Mon, 28 Sep 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tax-audit-date-extension-ay-201516-delhi-gujarat-punjab-high-court-appeals.html
</link>
<description>
Tax Audit Due date Extension AY 2015-16-Judgment Day for Appeals Filed in various High Court
</description>
</item>
<item>
<title>
Tax Audit Date AY 2015-16 Extended to 15-10-2015 ?
</title>
<pubDate>Sun, 27 Sep 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-order-extension-of-tax-audit-due-date-ay-201516-to-15-10-2015.html
</link>
<description>
CBDT Order-Tax Audit Due date for AY 2015-16 Extended from 30th September 2015 to 15-10-2015 for Fifteen Days? This order is in Electronic Circulation
</description>
</item>
<item>
<title>
ICAI Election-2015 Central Regional Council Nominations List
</title>
<pubDate>Sun, 27 Sep 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/central-regional-council-nominations-received-by-candidates-list-for-election-2015.html
</link>
<description>
ICAI Elections 2015- Nominations Received for Central and Regional Council till Cut off Date, Region-wise List of Names of Candidates
</description>
</item>
<item>
<title>
Deaf Dumb Blind Exempt Transport Allowance Limit Rs. 3200 pm
</title>
<pubDate>Sun, 27 Sep 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/deaf-dumb-blind-higher-transport-allowance-exemption-limit-rs-3200-pm-rule-2bb.html
</link>
<description>
Incometax Notificaion-75-2015 Deaf and Dumb with Blind and Orthopaedically Handicapped allowed Higher Transport Allowance Exemption Limit Rs 3200 PM
</description>
</item>
<item>
<title>
ITAT-Assessment with no Addition on issue of Reopening Invalid
</title>
<pubDate>Sat, 26 Sep 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/assessment-made-with-no-additions-on-issue-of-reopening-invalid.html
</link>
<description>
ITAT-If no Addition is made on the issue the assessment was reopened, the reopening is invalid and re-assessment so made deserves to be quashed
</description>
</item>
<item>
<title>
ITAT-Ad-hoc Disallowance without verification not allowed
</title>
<pubDate>Sat, 26 Sep 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/adhoc-disallowances-without-verification-of-expenses-not-allowed-under-law.html
</link>
<description>
ITAT- If Assessing Officer not satisfied in a Particular Item of Expenses, He Should Make Verification, Ad-hoc Disallowance not allowed under the Law
</description>
</item>
<item>
<title>
FDR Interest Part of Book Profit for Partners Remuneration
</title>
<pubDate>Sat, 26 Sep 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/fixed-deposit-interest-included-in-book-profit-for-partners-remuneration-us-40b.html
</link>
<description>
ITAT-Fixed Deposit Interest Income as per Profit and Loss Account not to be Excluded for Computing Book Profit for Partners Remuneration Ceiling us 40(b)
</description>
</item>
<item>
<title>
Schema 3CA-3CD-3CA-3CB/ITR Validations revised on 24092015
</title>
<pubDate>Fri, 25 Sep 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tax-audit-extension-schema-itrs-validation-3ca-3cd-3cb-updated-on-24092015.html
</link>
<description>
Tax Audit Due date Extension Issue-Schema for Form 3CA-3CD 3CA-3CB/ITRs Validations updated by the Income-tax Department on 24-09-2015
</description>
</item>
<item>
<title>
ITAT-SHGs Payments by Municipal Corporation-No TDS Liability
</title>
<pubDate>Fri, 25 Sep 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-tds-liability-194c-on-payments-to-shgs-by-municipal-corporation.html
</link>
<description>
ITAT-Not Contractual but Employee Employer Relationship between Self Help Groups and Greater Municipal Corporation hence no TDS Liability u/s 194C
</description>
</item>
<item>
<title>
ITAT-Reopening on ADI Information without Mind Application Invalid
</title>
<pubDate>Fri, 25 Sep 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/reopening-assessment-solely-basis-of-adi-information-without-mind-application-invalid.html
</link>
<description>
ITAT-Incometax Assessment Reopening Invalid if Solely Based on Information Received from Investigation without Application of Mind by the Assessing Officer
</description>
</item>
<item>
<title>
FEMA Immunity-Foreign Assets declared under Black Money Act
</title>
<pubDate>Fri, 25 Sep 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/immunity-under-fema-to-persons-declaring-foreign-assets-under-black-money-act.html
</link>
<description>
RBI-Immunity from FEMA Procedings to Persons declaring Foreign Assets under Black Money Act 2015 unedr the Compliance Window
</description>
</item>
<item>
<title>
TDS Interest u/s 201(1A) 30 Days Basis not British Calendar
</title>
<pubDate>Thu, 24 Sep 2015 16:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/interest-for-delay-in-tds-deposit-us-2011a-on-30-days-period-not-british-calendar.html
</link>
<description>
ITAT-Interest Payable for Delay in Deposit of TDS u/s 201(1A) to be Calculated taking a period of 30 days as a month instead of British Calendar Month
</description>
</item>
<item>
<title>
SEBI Compliance Report Format on Corporate Governance
</title>
<pubDate>Thu, 24 Sep 2015 16:30:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/format-of-compliance-report-on-corporate-governance-by-listed-companies.html
</link>
<description>
SEBI Circular-Format for compliance report on Corporate Governance to be submitted to Stock Exchange(s) by Listed Companies
</description>
</item>
<item>
<title>
Reassessment Invalid if Query Answered and no Addition Made
</title>
<pubDate>Thu, 24 Sep 2015 16:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/reassessment-invalid-if-query-answered-in-original-proceedings-no-additions-made.html
</link>
<description>
ITAT-Income Tax Reassessment Proceedings Invalid if Query Answered in Original Assessment but no Additions made by Assessing Officer in Assessment Order
</description>
</item>
<item>
<title>
CASS-2015 Notices u/s 143(2) to be issued before 30-09-2015
</title>
<pubDate>Thu, 24 Sep 2015 14:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/scrutiny-notice-for-pan-selected-in-cass-2015-to-be-issued-before-30092015.html
</link>
<description>
Pending Income Tax Scrutiny Notices u/s 143(2) for PAN Selected in CASS-2015 to be issued before the Time Barring Date 30-09-2015
</description>
</item>
<item>
<title>
No Disallowance if Accumulation Purpose in Form-10 not Given
</title>
<pubDate>Thu, 24 Sep 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-no-disallowance-for-not-specifying-income-accumulation-purpose-in-form10.html
</link>
<description>
ITAT-No Disallowance for not Specifying Income Accumulation Pupose in Form 10 if Information is Furnished Subsequently before Assessment Completion
</description>
</item>
<item>
<title>
Hyderabad HC Tax Audit Date Extension Judgment AY 2015-16
</title>
<pubDate>Thu, 24 Sep 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/hyderabad-high-court-tax-audit-date-extension-2015-16-order-judgment-status.html
</link>
<description>
Andhra Pradesh High Court (Hyderabad) Tax Audit Due Date Extension Writ Petition by V Nagendra Prasad WP-32089/2015
</description>
</item>
<item>
<title>
Delhi HC refuses Tax Audit ITR Extension AY 2015-16
</title>
<pubDate>Wed, 23 Sep 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/delhi-hc-refuses-tax-audit-itrs-date-extension-cbdt-to-record-reasons-for-itr-dealy.html
</link>
<description>
Delhi High Court finally Refuses to Tax Audit/ITR Date Extension, Read Full Judgment
</description>
</item>
<item>
<title>
ITAT-No Penalty u/s 271(1)(b)-Assessees CA Busy in Tax Audit
</title>
<pubDate>Wed, 23 Sep 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-penalty-2711b-deleted-non-attendence-adjournment-due-to-busy-in-tax-audit.html
</link>
<description>
ITAT- Penalty u/s 271(1)(b) Deleted for Non Attendence and Adjournment Sought in Month of September due to Assessees CA Busy in Tax Audits
</description>
</item>
<item>
<title>
RBI-Issue of 500 1000 Bank Notes with Additional Features
</title>
<pubDate>Wed, 23 Sep 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/issue-of-new-rs-500-1000-bank-notes-with-three-additional-security-features.html
</link>
<description>
RBI-Issue of Rs 500 and 1000 Bank Notes with three Additional Security Features. Ascending Numerals Size, Bleed Lines and Enlarged Identification Mark
</description>
</item>
<item>
<title>
Karnataka HC Writ-Tax Audit Extension Order on Monday
</title>
<pubDate>Wed, 23 Sep 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/karnataka-high-court-tax-audit-date-extension-order-judgment-201516-kscaa-petition.html
</link>
<description>
Karnataka High Court Tax Audit Due Date Extension Order/Judgment on Monday 28-09-2015. Writ Petition Filed by State Chartered Accountants Association
</description>
</item>
<item>
<title>
Bombay HC Tax Audit Date Extension Judgment AY 2015-16
</title>
<pubDate>Wed, 23 Sep 2015 05:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/bombay-high-court-tax-audit-date-extension-judgment-chamber-of-tax-consultants.html
</link>
<description>
Bombay High Court Tax Audit Due Date Extension Order/Judgment/Status AY 2015-16 Writ Petition Filed by Chamber of Tax Consultants WP-2764/2015
</description>
</item>
<item>
<title>
Tax Audit Date Extension-Ab Tera Kya Hoga Kalia
</title>
<pubDate>Wed, 23 Sep 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tax-audit-date-extension-2015-16-cbdt-respectful-retreat-or-forced-extension.html
</link>
<description>
In view of number of writs/appeals in various High Courts, CBDT must be looking for a way for a respectful retreat or should it continue as adamant
</description>
</item>
<item>
<title>
Orissa HC Writ-Tax Audit Date Extension AY 2015-16
</title>
<pubDate>Wed, 23 Sep 2015 04:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/orissa-high-court-tax-audit-date-extension-order-judgment-status-201516.html
</link>
<description>
Orissa High Court Tax Audit Due Date Extension Order/Judgment for AY 2015-16 Writ Petition Filed by Jagdish Prasad Mittal WPC-17178/2015
</description>
</item>
<item>
<title>
Karnataka HC Writ-Tax Audit Date Extension AY 2015-16
</title>
<pubDate>Tue, 22 Sep 2015 05:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/karnataka-high-court-tax-audit-date-extension-order-judgment-201516-kscaa-petition.html
</link>
<description>
Karnataka High Court Tax Audit Due Date Extension Status/Order/Judgment for AY 2015-16 Writ Petition Filed by State Chartered Accountants Association
</description>
</item>
<item>
<title>
Rajasthan HC Writ-Tax Audit Date Extension AY 2015-16
</title>
<pubDate>Tue, 22 Sep 2015 05:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/rajasthan-high-court-judgment-on-tax-audit-due-date-extension-ay-201516.html
</link>
<description>
Extension of Tax Audit Due Date for AY 2015-16. Rajasthan High Court Order/Judgment in Writ Petition CW-10974/2015 Filed by Devendra Somani
</description>
</item>
<item>
<title>
Delhi HC Order-CBDT to notify ITRs on 1st Day of AY
</title>
<pubDate>Tue, 22 Sep 2015 04:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tax-audit-itrs-date-extension-delhi-hc-orders-cbdt-to-notify-itrs-1st-day-of-ay.html
</link>
<description>
Tax Audit/ITR Date Extension Appeal- Delhi High Court Order to CBDT to Notify ITRs on 1st Day of Assessment Year, Record Reasons for Delay
</description>
</item>
<item>
<title>
SC-Wealth Tax Market Value of land under Ceiling Act
</title>
<pubDate>Mon, 21 Sep 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/sc-market-value-of-land-for-wealth-tax-is-price-payable-under-land-ceiling-act.html
</link>
<description>
For Wealth Tax Purpose, Market Value of Vacant Land is Maximum Compensation Price Payable to the Assessee under the Urban Land Ceiling Act 1962
</description>
</item>
<item>
<title>
ITAT-Grant of Approval u/s 80G-Anonymous Donations No Bar
</title>
<pubDate>Mon, 21 Sep 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-anonymous-donations-not-relevant-in-granting-approval-under-section-80g.html
</link>
<description>
ITAT- Provisions Related to Anonymous Donations u/s 115BBC are not Relevant for Granting Approval under Section 80G of the Income Tax Act 1961
</description>
</item>
<item>
<title>
Tax Audit Extension Poem-Kya Dar hai Jo Chipa Rahe Ho
</title>
<pubDate>Sun, 20 Sep 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tax-audit-date-extension-poem-kya-dar-hai-jisko-chipa-rahe-ho.html
</link>
<description>
Tax Audit Date Extension- Tum Itna Jo Ghabra Rahe Ho Kya Dur Hai Jisko Chhupa Rahe Ho Dil ki Baat Kahi, Jaye na Labon Se Asal Baat hai Kuch, Kya Bata Rahe Ho
</description>
</item>
<item>
<title>
ITAT-No TDS Return Late Filing Penalty for Delay by CA
</title>
<pubDate>Sun, 20 Sep 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-no-penalty-for-late-filing-tds-return-for-delay-by-ca-due-to-errors-mismatch.html
</link>
<description>
ITAT-No Penalty u/s 272A(2)(k) can be levied for Delay in Filing TDS Return 26Q by Chartered Accountant due to Systems Error/Mismatch in Data File
</description>
</item>
<item>
<title>
ITAT-AC is Daily Business Requirement not Capital Expenses
</title>
<pubDate>Sun, 20 Sep 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-air-conditioner-is-day-to-day-business-requirement-and-not-capital-expenditure.html
</link>
<description>
ITAT-Air-conditioner to keep Showroom Cool is Requirement for day-to-day Running of Business and cannot be Considered Capital Expenditure in Nature
</description>
</item>
<item>
<title>
ITAT-Liquor Sales Net Profit Estimated at 5 Percent Upheld
</title>
<pubDate>Sat, 19 Sep 2015 05:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-liquor-sale-net-profit-estimated-5-percent-correct-as-per-high-court-directions.html
</link>
<description>
ITAT-Net Profit Estimates at 5% of Liquor Sales is in consonance with directions of High Court as against 124% of Cost of Goods sold adopted by AO
</description>
</item>
<item>
<title>
Hamdard Medicines/Product Sale Charitable Activity-Delhi HC
</title>
<pubDate>Fri, 18 Sep 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/sale-of-medicines-allied-product-by-hamdard-charitable-activities-us-1023civ.html
</link>
<description>
Delhi HC-Sale of Unani/ayurvedìc Medicines/Product by Hamdard is Charitable Activitiy u/s 10(23C)(iv) of Income Tax Act-Exemption Withdrawal Quashed
</description>
</item>
<item>
<title>
ITAT-Assessment can not be reopened on reason to suspect
</title>
<pubDate>Fri, 18 Sep 2015 13:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/assessment-can-not-be-reopened-us-147-148-on-basis-of-reasons-to-suspect.html
</link>
<description>
ITAT-It is settled position of law that assessment can be reopened under section 147/148 on the basis of reason to believe and not reason to suspect
</description>
</item>
<item>
<title>
Punjab HC tax Audit Writ-Interim Order
</title>
<pubDate>Fri, 18 Sep 2015 11:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/punjab-haryana-high-court-judgment-on-tax-audit-due-date-extension-ay-201516.html
</link>
<description>
Punjab and Haryana High Court Tax Audit Writ-Interim Order
</description>
</item>
<item>
<title>
ITAT-No Additions for Sundry Debtors Difference with Party
</title>
<pubDate>Fri, 18 Sep 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/sundry-debtors-balance-difference-due-to-payment-non-accounting-not-income.html
</link>
<description>
ITAT- Difference in Sundry Debtors Balance due to non Accounting of Payment made by party not to be Treated Income as it would amount to Double Addition
</description>
</item>
<item>
<title>
2nd Cycle of CASS Scrutiny Selection 2014-15 Finalised
</title>
<pubDate>Fri, 18 Sep 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/second-cycle-of-cass-scrutiny-selection-for-2014-15-finalised.html
</link>
<description>
Second Cycle of Selection of Income Tax Cases for Scrutiny through Computer Aided Scrutiny Selection (CASS) for the Current Year 2014-15 Finalised
</description>
</item>
<item>
<title>
ITAT-Onus on AO to controvert creditor confirmation by cogent evidence
</title>
<pubDate>Fri, 18 Sep 2015 09:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-when-assessee-provided-creditors-confirmation-letters-onus-us-68-shifted-to-ao.html
</link>
<description>
ITAT-When assessee discharged onus u/s 68 by providing confirmation letter from sundry creditors, it shifted to AO to controvert it by cogent evidence
</description>
</item>
<item>
<title>
Exemption U/s 11 Denied- Trusts Donations to Each Other
</title>
<pubDate>Fri, 18 Sep 2015 05:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-exemption-us-11-denied-donation-by-trusts-to-each-other.html
</link>
<description>
ITAT Kolkata-Exemption U/s 11 Denied for Donations made by Trusts under the Same Group to Each Other and No Charitable Activities were Carried Out
</description>
</item>
<item>
<title>
Gujarat HC Tax Audit Date Extension Judgment AY 2015-16
</title>
<pubDate>Thu, 17 Sep 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/gujarat-hc-judgment-on-tax-audit-date-extension-ay-201516-agftc-petition.html
</link>
<description>
Gujarat High Court-Update on Status/Judgment on Tax Audit Due Date Extension AY 2015-16. Petition by All Gujarat Federation of Tax Consultants AGFTC
</description>
</item>
<item>
<title>
ICAI Website Guidelines Disclosure Client Names, Fees
</title>
<pubDate>Thu, 17 Sep 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/website-guidelines-disclosure-of-clients-name-and-fees-charged.html
</link>
<description>
Amendment to ICAI Website Guidelines-Disclosure of Names of Clients and Fees Charged allowed only if required by a Regulator
</description>
</item>
<item>
<title>
Punjab HC Writ-No Interim Relief Next Hearing on Monday
</title>
<pubDate>Thu, 17 Sep 2015 04:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/punjab-haryana-high-court-judgment-on-tax-audit-due-date-extension-ay-201516.html
</link>
<description>
Punjab and Haryana High Court Tax Audit Writ-No Interim Relief , case now listed for hearing on 21-09-2015
</description>
</item>
<item>
<title>
Will Appeal in Punjab HC shall have same fate as in Delhi HC
</title>
<pubDate>Wed, 16 Sep 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/punjab-haryana-high-court-judgment-on-tax-audit-due-date-extension-ay-201516.html
</link>
<description>
Extension of Tax Audit Due Date for AY 2015-16. Punjab and Haryana High Court Judgment in Writ Petition CWP-19970/2015 Filed by Vishal Garg and Others
</description>
</item>
<item>
<title>
CBDT Instruction 10/2015-Monetary Limits Dossier Re-fixation
</title>
<pubDate>Wed, 16 Sep 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-instruction-10-2015-dossier-cases-monitoring-monetary-limits-refixation.html
</link>
<description>
CBDT Instruction 10/2015-Monitoring of Dossier Cases-Re-fixation of Monetary Limits for various Income Tax Authorities
</description>
</item>
<item>
<title>
Tax Audit Date Extension-No Cause of Action said Delhi HC
</title>
<pubDate>Wed, 16 Sep 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/delhi-hc-dismissed-peitition-tax-audit-date-extension-saying-no-cause-of-action.html
</link>
<description>
Delhi High Court Disposed Petition on Tax Audit Extension saying Petitioners did not Disclose any Cause of Action in their Favour except as Public Interest
</description>
</item>
<item>
<title>
Tax Audit Date Extension-Write to Auditee not CBDT
</title>
<pubDate>Wed, 16 Sep 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tax-audit-date-extension-write-to-auditee-not-cbdt-ministry.html
</link>
<description>
Write to auditees advising that in view of the delays by CBDT we would not be able to perform tax audit and uploading the tax audit reports 3CD.
</description>
</item>
<item>
<title>
Directors/Relatives Deposits to be disclosed in Board Report
</title>
<pubDate>Wed, 16 Sep 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/receipt-of-deposits-from-director-relatives-in-private-company-amendment.html
</link>
<description>
MCA Notification-Receipt from Directors/Relative not Deposits in Private Company if Declaration Given and Details Disclosed in Board Report
</description>
</item>
<item>
<title>
Tax Audit Extension-Delhi Gujarat Punjab HC Appeals
</title>
<pubDate>Wed, 16 Sep 2015 05:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tax-audit-date-extension-ay-201516-delhi-gujarat-punjab-high-court-appeals.html
</link>
<description>
Tax Audit Due date Extension AY 2015-16 Status of Appeals Filed in Delhi, Gujarat and Punjab and Haryana High Courts. Hearing on 17, 21 September
</description>
</item>
<item>
<title>
Delhi HC Guidelines-Issue Service Validity of Notice u/s 148
</title>
<pubDate>Tue, 15 Sep 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/delhi-hc-important-guidelines-on-issue-service-validity-of-notice-us-148.html
</link>
<description>
Delhi High Court Lays down Guidelines on the Issue, Service and Validity of Notice u/s 148 of Income Tax Act for Income Escaping Assessment
</description>
</item>
<item>
<title>
ITAT-Orders Assessee to Furnish English Translation of Trust Deed to CIT
</title>
<pubDate>Mon, 14 Sep 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-cit-to-pass-speaking-order-without-trust-deed-english-translation.html
</link>
<description>
ITAT-If Assessee can Satisfy CIT to Pass Speaking and Well Reasoned Order without English Translation of Trust Deed, it need not be Furnished
</description>
</item>
<item>
<title>
ITAT-Cash Birthday Gift from 28 Relatives-Addition 69A Deleted
</title>
<pubDate>Mon, 14 Sep 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-deleted-additions-69a-mother-cash-birthday-gift-from-28-relatives-small-amounts.html
</link>
<description>
ITAT Quashed Addition u/s 69A. Mother\x92s Birthday Cash Gifts 5 Lakhs Received from 28 Relative in Small Amounts when PAN, ITRs other Details given to ITO
</description>
</item>
<item>
<title>
Tax Audit extension Writ to be converted into PIL
</title>
<pubDate>Mon, 14 Sep 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/delhi-high-court-judgment-on-tax-audit-due-date-extension-ay-201516.html
</link>
<description>
Writ filed for Extension of Tax Audit Due Date to be converted into a PIL
</description>
</item>
<item>
<title>
Delhi HC Judgment-Tax Audit Date Extension AY 2015-16
</title>
<pubDate>Sun, 13 Sep 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/delhi-high-court-judgment-on-tax-audit-due-date-extension-ay-201516.html
</link>
<description>
Extension of Tax Audit Due Date for AY 2015-16. Delhi High Court Judgment in Writ Petition Filed by CA Avinash Gupta and Tax Reserach Foundation
</description>
</item>
<item>
<title>
CBDT-Committee for Peer Review before Assessment
</title>
<pubDate>Sun, 13 Sep 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-committee-to-study-group-assessment-peer-review-before-assessment.html
</link>
<description>
CBDT constitutes committee to study feasibility of TARC recommendations regarding group assessment and system of peer review before assessment
</description>
</item>
<item>
<title>
ITAT-No Disallowance u/s 14A if no exempt income earned
</title>
<pubDate>Sun, 13 Sep 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-if-no-exempt-income-earned-during-year-no-disallowance-us-14a-can-be-made.html
</link>
<description>
ITAT-If assessee had not earned any exempt income during the year no disallowance u/s 14A Rule 8D was warranted
</description>
</item>
<item>
<title>
ITAT-Exchange Fluctuation Loss on Loan Restatement Allowed
</title>
<pubDate>Sat, 12 Sep 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-exchange-fluctuation-loss-restatement-of-revenue-loan-allowable-us-43a.html
</link>
<description>
ITAT-Exchange Fluctuation Loss on Business Loan Restatement not used for Acquisition of Fixed Assets Allowable Expenditure not hit by Section 43A
</description>
</item>
<item>
<title>
If Original Assessment quashed, Rectification u/s 154 Illegal
</title>
<pubDate>Sat, 12 Sep 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-when-original-assessment-order-quashed-rectification-us-154-illegal.html
</link>
<description>
ITAT-When Original Assessment was quashed by the ITAT any Subsequent Rectification of the Order under u/s 154 would be Illegal
</description>
</item>
<item>
<title>
Writ Petition-Tax Audit Due Date Extension AY 2015-16
</title>
<pubDate>Fri, 11 Sep 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/writ-petition-delhi-high-court-ay-201516-tax-audit-due-date-extension.html
</link>
<description>
Writ Petition Filed in Delhi High Court against non Extension of ITRs Due Date of 30-09-2015 AY 2015-16 for Assessees under Tax Audit u/s 44AB
</description>
</item>
<item>
<title>
Section 54F Deduction Eligibility-Co-owner of One Property
</title>
<pubDate>Fri, 11 Sep 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/ltcg-section-54f-deduction-eligibility-already-co-owner-more-than-one-property.html
</link>
<description>
Delhi HC-Unless there is Document to Show Assessee Already a co-owner of Property, No Inference for ineligibility of LTCG Deduction under Section 54F
</description>
</item>
<item>
<title>
RBI-KVP Sales Agent Commission Payment Procedure
</title>
<pubDate>Fri, 11 Sep 2015 07:40:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/procedure-for-payment-of-commission-by-banks-to-authorised-agents-on-sale-of-kvp.html
</link>
<description>
RBI-Procedure for Payment of commission by Banks to authorised agents on Sale of Kisan Vikas Patra
</description>
</item>
<item>
<title>
ITAT-Interest u/s 234C from date of Cheque Presentation
</title>
<pubDate>Fri, 11 Sep 2015 07:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-interest-234c-to-be-calculated-from-date-of-cheque-presentation-not-clearing.html
</link>
<description>
ITAT-Interest u/s 234C of Income Tax Act, 1961 should be Computed from the Date of Presentation of Cheque not from the Date of Clearing
</description>
</item>
<item>
<title>
CIT-A disposing appeal ex-parte duty bound to consider merits
</title>
<pubDate>Thu, 10 Sep 2015 16:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cit-appeal-disposing-ex-parte-is-duty-bound-to-decide-it-on-merits.html
</link>
<description>
ITAT-Even if CIT(A) want to dispose of the appeal, ex parte, he was duty bound to dispose of the issues raised on merits
</description>
</item>
<item>
<title>
Income-tax Department thanks Taxpayers for EVC Success
</title>
<pubDate>Thu, 10 Sep 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/thanks-taxpayers-for-making-electronic-verification-code-evc-success-ay-201516.html
</link>
<description>
Income-tax Department thanks Taxpayers for Making e-enabled Initiative of Electronic Verification Code (EVC) a Success for AY 2015-16
</description>
</item>
<item>
<title>
CBDT Examining Feasibility of Industry Based Jurisdiction
</title>
<pubDate>Thu, 10 Sep 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-examining-industry-based-jurisdiction-instead-of-existing-territorial-one.html
</link>
<description>
CBDT constitutes committee to examine feasibility of Industry Based Jurisdiction instead of Territorial Jurisdiction as recommended by TARC
</description>
</item>
<item>
<title>
Govt-No ITRs Filing Tax Audit Due Date Extension for AY 2015-16
</title>
<pubDate>Wed, 09 Sep 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/govt-refusal-to-give-extension-of-tax-audit-itrs-filing-ay-201516-due-date-30092015.html
</link>
<description>
Government/Finance Ministry says Last Date for Filing of ITRs and Tax Audit for AY 2015-16 Due by 30-09-2015 will not be extended despite representations received
</description>
</item>
<item>
<title>
ITAT-Penalty 2711c Appeal Order not to be based on Quantum Appeal Result
</title>
<pubDate>Wed, 09 Sep 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/quantum-appeal-additions-confirmation-independent-examining-peanlty-2711c.html
</link>
<description>
ITAT-CIT(A) not correct to decide on the basis of confirming of addition in quantum appeal not independently examining levy of penalty u/s.271(1)(c)
</description>
</item>
<item>
<title>
ITAT-Section 68 not apply to Opening Balances with no Transactions
</title>
<pubDate>Wed, 09 Sep 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/section-68-not-apply-to-opening-balances-with-no-transactions-during-the-year.html
</link>
<description>
ITAT-Section 68 of the Income Tax Act 1961 not apply to Creditors Opening Balances which did not arise out of any Transaction during the Previous Year
</description>
</item>
<item>
<title>
ITAT-Additions already deleted u/s 154 cant be confirmed in Appeal
</title>
<pubDate>Wed, 09 Sep 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/additions-already-deleted-by-rectification-order-154-can-not-be-confirmed-in-appeal.html
</link>
<description>
ITAT-CIT(A) can not confirm additions made in original assessment order ignoring subsequent rectification order u/s 154 whereby additions were deleted
</description>
</item>
<item>
<title>
SLP in SC no reason not following Jurisdictional High Court
</title>
<pubDate>Wed, 09 Sep 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/slp-pendency-supreme-court-not-reason-for-not-following-jurisdictional-high-court.html
</link>
<description>
ITAT- A Mere Pendency of SLP before the Apex Court cannot be a Reason for not Following the Judgment of the Jurisdictional High Court
</description>
</item>
<item>
<title>
Amendment to Schedule-II-Trade Payables to show MSME Dues
</title>
<pubDate>Tue, 08 Sep 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/schedule-ii-amendment-trade-payable-to-show-msme-dues-outstanding.html
</link>
<description>
MCA Notification-Companies Act 2013 Schedule-II Balancesheet Amendment. Trade Payables Classified into Due Outstanding to Micro and Small Enterprises
</description>
</item>
<item>
<title>
Undisclosed Foreign Bank A/cs, Assets Compounding Guidelines
</title>
<pubDate>Tue, 08 Sep 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/cbdt/compounding-guidelines-income-wealth-tax-for-undisclosed-foreign-bank-account-assets.html
</link>
<description>
CBDT-Guidelines for Compounding of Offences under Income Tax/Wealth tax Act for Persons Holding Undisclosed Foreign Bank Accounts/Assets
</description>
</item>
<item>
<title>
PF Contribution Disallowance-ITR Due Date us 43B-Calcutta HC
</title>
<pubDate>Tue, 08 Sep 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/due-date-employee-pf-contribution-payment-disallowance-itr-43b-calcutta-hc.html
</link>
<description>
Calcutta HC-Due Date of Employee PF Contribution Payment for Disallowance is the Due Date for Furnishing of Return of Income as provided u/s 43B
</description>
</item>
<item>
<title>
CIC warns SEBI on False Misleading RTI Information in Reply
</title>
<pubDate>Mon, 07 Sep 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/cic/sebi-warned-by-information-commission-on-false-misleading-rti-reply.html
</link>
<description>
Central Information Commission (CIC) warns SEBI on giving false and Misleading RTI Reply denying existence of letter produced by complainant
</description>
</item>
<item>
<title>
Tax Auditor Vague Remarks are not Conclusive Statement
</title>
<pubDate>Mon, 07 Sep 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/hc-uphelds-itat-order-tax-auditors-vague-remarks-are-not-conclusive-statement.html
</link>
<description>
Rajasthan HC upheld ITAT Order-Tax Auditors Remark in Form-3CD was only Statement of Fact, Vague Remarks cannot be considered Conclusive Statement
</description>
</item>
<item>
<title>
HC-Equipment donated u/s 80G was not in Kind-Appeal dismissed
</title>
<pubDate>Mon, 07 Sep 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/hc-uphelds-itat-order-allowing-80g-deduction-for-equipments-donation-not-in-kind.html
</link>
<description>
Rajasthan High Court upheld ITAT Order allowing deduction u/s 80G of Income Tax Act for equipments donation not treating it in kind which is not allowed
</description>
</item>
<item>
<title>
Surplus Seized Assets Retained under CBDT Instruction Wrong
</title>
<pubDate>Sat, 05 Sep 2015 14:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/if-act-provides-release-of-seized-assets-it-can-not-be-retained-under-cbdt-instruction.html
</link>
<description>
Allahabad HC-If Income Tax Act Provides Release of Balance Seized Assets/Cash after satisfying liability, it can not be retained under CBDT Instructions
</description>
</item>
<item>
<title>
Bank Stock/Internal Audit by Cost Auditors-IBA Letter
</title>
<pubDate>Sat, 05 Sep 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/iba/inclusion-of-cost-auditors-for-stock-audit-and-risk-based-internal-audit-of-banks.html
</link>
<description>
Inclusion of Cost Auditors for Stock Audit and Risk Based Internal Audit of Banks-Indian Bankers Association Letter to its Member Banks
</description>
</item>
<item>
<title>
Penalty 271(1)(c) for Deemed Consideration u/s 50C Invalid
</title>
<pubDate>Sat, 05 Sep 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-penalty-2711c-additions-deemed-sale-consideration-section-50c-not-valid.html
</link>
<description>
ITAT- Penalty u/s 271(1)(c) of the Income Tax Acton account of Deemed Sale Consideration under Deeming Provisions of Section 50C is not Valid
</description>
</item>
<item>
<title>
CBDT Notification-Form 61B Submission u/s 285BA Procedure
</title>
<pubDate>Sat, 05 Sep 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/revised-procedure-registration-financial-institution-form61b-submission-us-285ba.html
</link>
<description>
CBDT Notification 4-2015. Revised Reporting Financial Institutions Registration and Form 61B Submission Procedure u/s 285BA of Income Tax Act 1961
</description>
</item>
<item>
<title>
ITAT-Section 194B do not Apply to Horse Races
</title>
<pubDate>Sat, 05 Sep 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-section-194b-do-not-apply-to-horse-races.html
</link>
<description>
ITAT Hyderabad-Section 194B do not Apply to Horse Race. TDS U/s 194BB after Deduction of Threshold amount of Rs. 2500/- allowed
</description>
</item>
<item>
<title>
Fresh Notice u/s 148 Impermssible if Assessment in Progress
</title>
<pubDate>Sat, 05 Sep 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-fresh-notice-us-148-if-assessment-for-same-year-is-in-progress-not-finished.html
</link>
<description>
Delhi HC-If Assessment/Reassessment Proceedings are in Progress and not Finished, Fresh Notice u/s 148 for the same Assessment Year can not be issued
</description>
</item>
<item>
<title>
SEBI-Listing Disclosure Requirements Regulations 2015
</title>
<pubDate>Fri, 04 Sep 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/new-listing-obligations-disclosure-requirement-regulations-2015-main-features.html
</link>
<description>
SEBI-Listing Disclosure Requirements Regulations 2015 Main Features. Promoters to be public shareholders, ordinary resolution for related party transactions
</description>
</item>
<item>
<title>
Wealth Tax Return Due Date Extension AY 2015-16 to 07092015
</title>
<pubDate>Fri, 04 Sep 2015 09:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/due-date-wealth-tax-return-filing-for-ay-201516-stands-extended-to-07092015.html
</link>
<description>
CBDT Clarification-Due date for filing Return of wealth for AY 2015-16 also Stands extended to 7th September 2015 for Assessees Required to e-file ITRS
</description>
</item>
<item>
<title>
CBDT Circular-FAQ-Black Money Act Declaration Chapter VI
</title>
<pubDate>Fri, 04 Sep 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/black-money-act-2015/faq-clarification-for-compliances-black-money-act-declaration-chapter-vi.html
</link>
<description>
CBDT Circular 15/2015. FAQ Clarifications on Compliance/Declaration for Undisclosed Foreign Income/Assets under Black Money Act 2015 Chapter VI
</description>
</item>
<item>
<title>
CBDT Instruction 09/2015-MAT Applicability to Flls/FPIs
</title>
<pubDate>Thu, 03 Sep 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-instruction-mat-provisions-not-applicable-to-fii-fpis-prior-01042015.html
</link>
<description>
CBDT Instruction 09/2015-MAT Provisions not to apply to Flls/FPIs not having Place of Business/Permanent Establishment in India Prior to 01-04-2015
</description>
</item>
<item>
<title>
ICAI MEF Online Submission Last Date Extended to 14-09-2015
</title>
<pubDate>Thu, 03 Sep 2015 05:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai-mef/MultipurposeEmpanelmentForm2015-16-last-date-online-submission-31-08-2015.html
</link>
<description>
ICAI Multi-Purpose Empanelment Form MEF Year 2015-16 Extension of Last date for Online Submission to 14-09-2015
</description>
</item>
<item>
<title>
Justice Shah Report on Applicability of MAT to FIIs/FPIs
</title>
<pubDate>Wed, 02 Sep 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/govt-accepts-justice-shah-committee-report-on-inaplicability-of-mat-to-fiis-fpis.html
</link>
<description>
Government Accepts Recommendation of Justice Shah Report on Applicability of Minimum Alternate Tax (MAT) on FIIs / FPIs prior to 01.04.2015
</description>
</item>
<item>
<title>
ITRs E-Filing Due Date Extension AY 2015-16 to 07-09-2015 All Assessee
</title>
<pubDate>Wed, 02 Sep 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itrs-e-filing-due-date-ay-201516-extension-for-all-asseessee-to-07092015.html
</link>
<description>
CBDT Order u/s 119. ITRs E-Filing Due Date Extension AY 2015-16 from 31-08-2015 to 07-09-2015 for all assessee due to Slow Down of e-Services
</description>
</item>
<item>
<title>
Extension for Filing Cost Audit Report CRA4 to 30-09-2015
</title>
<pubDate>Wed, 02 Sep 2015 08:30:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/extension-time-limit-filing-cost-audit-report-cra4-to-30092015.html
</link>
<description>
MCA Circular-12/2015. Extension of time for filing Cost Audit Report with Central Government for FY 2014-2015 in form CRA-4 without Late Fee/Penalty
</description>
</item>
<item>
<title>
Disallowance 14A-Maxopp Investments Case is very Relevant
</title>
<pubDate>Wed, 02 Sep 2015 08:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-delhi-hc-decision-maxopp-relevant-in-working-disallowance-us-14a-rule-8d.html
</link>
<description>
ITAT-The decision of Delhi High Court in Maxopp Investments very much relevant on the issue of working disallowance u/s.14A read with Rule 8D
</description>
</item>
<item>
<title>
Disallowance 14A-Interest paid for Investment to earn Dividend
</title>
<pubDate>Wed, 02 Sep 2015 08:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/interest-borrowed-funds-for-share-investment-dividend-income-disallowance-us-14a.html
</link>
<description>
Delhi HC-Expenses, Borrowed Fund Interest Disallowance u/s 14A for Investment in shares when Dividend Income is Exempt. Maxopp Investment Ltd
</description>
</item>
<item>
<title>
Disallowance u/s 14A not to Exceed Tax Exempt Income
</title>
<pubDate>Wed, 02 Sep 2015 08:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/disallowance-section-14a-rule-8d-can-not-exceed-exempt-income-delhi-high-court.html
</link>
<description>
Delhi High Court-Disallowance under Section 14A read with Rule 8D of the Income Tax Act, 1961 can not exceed the amount of Tax Exempt Income
</description>
</item>
<item>
<title>
RBI-Change in RTGS Window Timing from 01-09-2015
</title>
<pubDate>Tue, 01 Sep 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/change-in-rtgs-window-from-01092015.html
</link>
<description>
RBI-Changes in RTGS time window from 01-09-2015. No RTGS on 2nd and 4th Saturdays but full day on working Saturdays
</description>
</item>
<item>
<title>
ITAT-Appeal not Infructuous by CIT Revision Order u/s 263
</title>
<pubDate>Tue, 01 Sep 2015 05:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-appeal-not-infructuous-by-cit-revision-order-263-setting-aside-assessment.html
</link>
<description>
ITAT-CIT(A) must Dispose Appeal on Merit despite CIT Revision Order u/s 263 Setting aside Assessment Order u/s 143(3) Appealed Againt
</description>
</item>
<item>
<title>
ITRs Filing Due Date Extension in Gujarat to 07092015
</title>
<pubDate>Mon, 31 Aug 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/extension-of-itrs-filing-due-date-in-gujarat-from-31082015-to-07092015.html
</link>
<description>
CBDT Order u/s 119. Extension of Due Date for Income Tax Returns (ITRs) from 31-08-2015 to 07-09-2015 in the State of Gujarat
</description>
</item>
<item>
<title>
Revised Annual Return MGT-7 Applicable for the FY 2014-15
</title>
<pubDate>Mon, 31 Aug 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/annualreturnmgt7/revised-form-mgt7-applicable-for-fy-2014-15.html
</link>
<description>
MCA Notification-Revised Annual Return Form MGT-7 for Companies whose Financial Years end after 1st April, 2014 including FY 2014-15
</description>
</item>
<item>
<title>
CBDT-Compulsory Manual Scrutiny Criteria FY 2015-16
</title>
<pubDate>Mon, 31 Aug 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometaxscrutinycriteria/cbdt-compulsory-manual-case-selection-during-fy-2015-16.html
</link>
<description>
CBDT Instruction 08/2015-Guidelines and Criteria for Compulsory Manual Selection of Cases for Scrutiny during the Financial Year 2015-2016
</description>
</item>
<item>
<title>
ITAT-Assessee Seeking Adjournment Must Know Next Date
</title>
<pubDate>Mon, 31 Aug 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-assessee-seeking-adjournment-is-under-duty-to-know-date-of-next-hearing.html
</link>
<description>
ITAT-When assessee sought adjournment of the hearing, it was his duty to find out next date of hearing exactly given by the Tribunal
</description>
</item>
<item>
<title>
CBDT Letter to ICAI-ITRs/Tax Audit Extension AY 2015-16
</title>
<pubDate>Mon, 31 Aug 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-letter-icai-itrs-tax-audit-due-date-extension-ay-201516-is-it-so-difficult-to-imagine.html
</link>
<description>
Letter from CBDT to ICAI on ITRs/Tax Audit Due Date Extension AY 2015-16-Is it really difficult to even imagine one?
</description>
</item>
<item>
<title>
ITAT-Penalty Notice 271(1)(c) with Only Tick Mark Invalid
</title>
<pubDate>Sun, 30 Aug 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-concealment-penalty-notice-section-2711c-with-only-tick-mark-defective.html
</link>
<description>
ITAT-Penalty Notice 271(1)(c) with Only Tick Mark without Striking of Inappropriate Paragraphs/Words and Consequent Order u/s 274 Set aside as Defective
</description>
</item>
<item>
<title>
Printed Penalty Notice 271(1)(c) without striking of Clauses Illegal
</title>
<pubDate>Sun, 30 Aug 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/printed-penalty-notice-2711c-concealment-without-striking-of-clauses-illegal.html
</link>
<description>
Sending Printed Notice form u/s 271(1)(c) for Concealment/Inaacurate Income without striking of relevant clauses do not satisy law-Karnataka HC
</description>
</item>
<item>
<title>
Tax Evasion a must for Penalty 271(1)(c) Concealment of Income
</title>
<pubDate>Sun, 30 Aug 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/mens-rea-not-but-tax-evasion-essential-for-penalty-2711c-income-concealment.html
</link>
<description>
Karnataka HC-Mens Rea is not Essential Element but Evasion of Tax is Sine Qua Non for Imposition of Penalty u/s 271(1)(c) for Income Concealment
</description>
</item>
<item>
<title>
Manjunatha Judgment u/s 271(1)(c) Concelament of Income
</title>
<pubDate>Sun, 30 Aug 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/karnataka-hc-judgment-manjunatha-cotton-penalty-2711c-concealment-income.html
</link>
<description>
Karnataka HC Judgment in M/s Manjunatha Cotton Ginning Factory on Penalty for Concelament, Furnishing Inaccurate Particulars of Income u/s 271(1)(c)
</description>
</item>
<item>
<title>
No Additions u/s 153A to completed Assessment but for Incriminating Materials
</title>
<pubDate>Sat, 29 Aug 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-incriminating-material-during-search-no-additions-153a-assessment-completed.html
</link>
<description>
Delhi HC-If no Incriminating Material are Unearthed during Search u/s 132, no Additions to be made u/s 153A to Assessments Completed on Search Date
</description>
</item>
<item>
<title>
RBI-2nd 4th Saturdays Bank Holiday and Support Services
</title>
<pubDate>Fri, 28 Aug 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/bank-holiday-second-fourth-saturdays-from-01092015-change-in-functioning.html
</link>
<description>
RBI-Bank Holiday on Second and Fourth Saturdays from 01-09-2015. Change in Functioning and Support Services to Banks on Working Saturdays
</description>
</item>
<item>
<title>
SC-CBDT Inst. 03/2011 Monetary Limits shall not Apply Prior to 2011
</title>
<pubDate>Fri, 28 Aug 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-instruction-03-2011-appeal-monetary-limits-not-apply-to-cases-filed-before-2011.html
</link>
<description>
Supreme Court-Monetary Limits for Filing Appeals as per CBDT Instruction 09/2011 shall not apply to Cases Filed before 2011. CIY-VIII vs Suman Dhamija
</description>
</item>
<item>
<title>
CBDT-Revised Guidelines for Grant of Reward to Informers 2015
</title>
<pubDate>Fri, 28 Aug 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-revised-guidelines-for-grant-of-reward-to-informers-2015-for-tax-recovery.html
</link>
<description>
CBDT Instruction 07/2015. Revised Guidelines for Grant of Reward to Informers 2015 Leading to Irrecoverable Income-taxes Recovery from Defaulters
</description>
</item>
<item>
<title>
ITAT-Appeal Dissmised for Late Payment of Tax Remanded Back
</title>
<pubDate>Fri, 28 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/recall-of-appeal-dissmissed-for-non-payment-of-tax-us-2494a-if-tax-paid-later.html
</link>
<description>
ITAT-Appeal Dissmised by CIT(A) for Non-Payment of Tax u/s 249(4)(a), Remanded back for reconsideration in view that Tax is paid fully on later date
</description>
</item>
<item>
<title>
CBDT-Registration and Form 61B Submission u/s 285BA Incometax
</title>
<pubDate>Thu, 27 Aug 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/procedure-registration-financial-institution-form61b-submission-section-285ba.html
</link>
<description>
CBDT Notification 3-2015. Reporting Financial Institutions Registration and Form 61B Submission Procedure under Section 285BA of Income Tax Act 1961
</description>
</item>
<item>
<title>
RBI-Revised Procedure for Counterfeit Notes Detection and Reporting
</title>
<pubDate>Thu, 27 Aug 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/revised-procedure-for-detection-and-reporting-of-counterfeit-currency-notes.html
</link>
<description>
RBI-Revised Procedure for Detection and Reporting of Counterfeit Notes. Acknowledgement to be Issued but no credit to Customer\x92s Account
</description>
</item>
<item>
<title>
Amendments to the Arbitration and Conciliation Bill, 2015
</title>
<pubDate>Wed, 26 Aug 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/arbitration-conciliation-bill-2015-amendments/disclosure-time-limit-fast-track-procedures.html
</link>
<description>
Arbitration Conciliation Bill 2015 Amendments-Disclosure of Interest, Award in 12 Months, Fast Track Procedures, Challenging Award, Appointment in 60 Days etc.
</description>
</item>
<item>
<title>
Addl/Joint Commissioners ITax to be AO under Black Money Act
</title>
<pubDate>Wed, 26 Aug 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/black-money-act-2015/addl-joint-commissioners-incometax-assessing-officer-under-section-6.html
</link>
<description>
CBDT Notification 73/2015. Additional or Joint Commissioners of Income-tax to be the Assessing Officers u/s 6 under Black Money Act 2015
</description>
</item>
<item>
<title>
CBDT- Incometax Subordination of Pr DGIT, Pr CCIT etc.
</title>
<pubDate>Wed, 26 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/cbdt/subordination-of-pr-dgit-ccit-dg-investigation-cit-exemption.html
</link>
<description>
CBDT Notification 69/2015-Subordination of Pr Directors General, Pr Chief Commissioners, DG (Investigation),CIT-Exemptions etc.
</description>
</item>
<item>
<title>
No Service tax on Food Sold by Pick up or home Delivery
</title>
<pubDate>Tue, 25 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/cbec/no-levy-of-servicetax-on-food-sold-pickup-home-delivery-basis-clarification.html
</link>
<description>
No Levy of Service tax on Food Sold by way of Pick up or home Deliveries-Clarification by Chandigarh Service tax Department
</description>
</item>
<item>
<title>
No Penalty u/s 271D if Cash Transaction is Genuine-Allahabad HC
</title>
<pubDate>Tue, 25 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-penalty-us-271d-for-violating-section-269ss-for-genuine-cash-transactions.html
</link>
<description>
In View of Section 273B, No Penalty is Imposable u/s 271D for Voilation of Section 269SS if the Cash Loan Transaction is Genuine-Allahabad High Court
</description>
</item>
<item>
<title>
SEBI-Decision Taken in Board Meeting held on 24-08-2015
</title>
<pubDate>Tue, 25 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/decisions-taken-in-board-meeting-24082015.html
</link>
<description>
SEBI-Decision Taken in Board Meeting held on 24-08-2015. FMC Merger, Anchor Investors, Partly Paid Shares Forfeiture, Exercise of Options, Contra Trade Norms etc
</description>
</item>
<item>
<title>
HC-Application 10(23C)(vi) can be made either by Institute or Society
</title>
<pubDate>Mon, 24 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/highcourt-application-approval-1023cvi-by-either-educational-institute-or-society.html
</link>
<description>
It\x92s Wrong to say that Application for Approval u/s 10(23C)(vi) can be Made by Educational Institute Itself not by Society/Trust-Uttarakhand High Court
</description>
</item>
<item>
<title>
Special ITRs Receipt Counters from 24 to 31 August in Delhi
</title>
<pubDate>Fri, 21 Aug 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/special-itrs-receipt-counters-for-salaried-senior-disabled-citizens-in-delhi-august.html
</link>
<description>
Special ITRs Counters for Receipt of Income Tax Returns of Salaried/Senior Citizens/Disabled Small Income Persons at Delhi from 24 Aug to 31 Aug
</description>
</item>
<item>
<title>
ITAT Judgments on Additions made for Cash Deposits in Banks
</title>
<pubDate>Fri, 21 Aug 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/additions-us-68-for-bank-account-cash-deposits-withdrawals-itat-judgments.html
</link>
<description>
Additions Made u/s 68, 69 for Cash Deposit in Bank Ignoring Cash Withdrawals Wrong unless Withdrawals were Used for Other Purposes-ITAT Judgments
</description>
</item>
<item>
<title>
ITAT-Peak Credit Additions for Cash Deposits, Withdrawal
</title>
<pubDate>Fri, 21 Aug 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/peak-credit-additions-us-68-cash-deposits-withdrawals-amount-upheld-itat.html
</link>
<description>
Only Peak Credit Amount Additions for Both Unexplained Cash Deposits and Withdrawals in Bank Account u/s 68 Upheld-ITAT Chennai
</description>
</item>
<item>
<title>
ITAT-Cash Deposits in Bank in Excess of Withdrawal
</title>
<pubDate>Fri, 21 Aug 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-additions-us-68-for-cash-deposited-in-excess-of-withdrawals.html
</link>
<description>
Additions u/s 68 for total Cash Deposited in Bank Account Reduced to only Deposits in excess of withdrawal giving Negative Cash-ITAT Ahmedabad
</description>
</item>
<item>
<title>
National Scholarship Portal-Online Search, Apply in India
</title>
<pubDate>Fri, 21 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/national-scholarship-portal/search-and-apply-scholarship-online-in-india.html
</link>
<description>
National Scholarship Portal-Online Search and Apply for various schemes offered by Indian Ministries based on eligibility criteria. FAQ
</description>
</item>
<item>
<title>
Vidya Lakshmi Online Banks Educational Loan Web Portal
</title>
<pubDate>Fri, 21 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/vidya-lakshmi/online-educational-loan-web-portal-for-students.html
</link>
<description>
Vidya Lakshmi web portal launched on 15-08-2015 for students to make online application for Educational Loans provided by Banks
</description>
</item>
<item>
<title>
Govt Approves PSBs MD CEOs Selection Guidelines
</title>
<pubDate>Fri, 21 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/psb/govt-approves-guidelines-for-selection-md-ceo-other-than-5-large-banks.html
</link>
<description>
Government Approves Guidelines for Selection of MD, CEOs in Public Sector Banks PSBS Other Than Five Large Public Sector Banks
</description>
</item>
<item>
<title>
Excel ITNS284 Challan Notified under Black Money Act 2015
</title>
<pubDate>Wed, 19 Aug 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/black-money-act-2015/excel-challan-itns284-for-payment-of-tax-interest-penalties-download.html
</link>
<description>
Download Excel Challan ITNS-284 Notified for Payment of Tax, Interest Penalties under Black Money Act, 2015
</description>
</item>
<item>
<title>
RBI-In-Principle Approval to 11 Payments Banks Applicants
</title>
<pubDate>Wed, 19 Aug 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/grant-of-in-principle-approval-to-11-applicants-for-payments-banksin-private-sector.html
</link>
<description>
RBI-In-Principle Approval to 11 Payments Banks Applicants in Accordance with Guidelines for Licensing of Small Finance Banks in the Private Sector
</description>
</item>
<item>
<title>
ICAI-CA Examiners Empanelment Form for IPCC Final Exams
</title>
<pubDate>Wed, 19 Aug 2015 09:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/chartered-accountants-ipcc-final-examiners-empanelment-formt-eligibility-honorarium.html
</link>
<description>
ICAI-Examiners for Chartered Accountants Examinations Empanelment Form for Intermediate (IPCC) and Final Exam. Eligibility and Honorarium
</description>
</item>
<item>
<title>
PF Pension Insurance claims settlement period reduced 20 days
</title>
<pubDate>Wed, 19 Aug 2015 08:00:00 GMT</pubDate>
<link>
https://abcaus.in/epfo/settlement-period-employee-pf-pension-insurance-claim-reduced-to-20-days.html
</link>
<description>
EPFO-The period of settlement of PF, Pension and Insurance claims has been reduced from existing 30 days to 20 days. Notification 02-07-2015
</description>
</item>
<item>
<title>
Quality Review Board Report-Audit Quality Review Findings 2012-15
</title>
<pubDate>Wed, 19 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/qrb-report/quality-review-board-report-on-audit-qauality-review-findings-2012-15.html
</link>
<description>
Quality Review Board QRB Report on Audit Quality Review Findings 2012-15 providing analysis and summary of observations made by Technical Reviewers
</description>
</item>
<item>
<title>
QRB Report 2012-15 Revised Schedule VI Compliances
</title>
<pubDate>Wed, 19 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/qrb-report/observations-on-compliances-with-revised-schedulevi-cos-act-2013.html
</link>
<description>
Quality Review Board (QRB) Report 2012-15- Observations on Compliances to Revised Schedule VI of the Companies Act, 1956
</description>
</item>
<item>
<title>
QRB Report 2012-15 Accounting Standards Compliances
</title>
<pubDate>Wed, 19 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/qrb-report/observations-on-audit-compliances-disclosures-as-per-accounting-standards.html
</link>
<description>
Quality Review Board (QRB) Report 2012-15- Observations on Audit Compliances and Disclosures as per various Accounting Standards (AS)
</description>
</item>
<item>
<title>
QRB Report 2012-15-SQC1 Standard on Quality Control
</title>
<pubDate>Wed, 19 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/qrb-report/observations-on-standard-on-quality-control-sqc1-in-auditing.html
</link>
<description>
Quality Review Board (QRB) Report 2012-15- Observations on Standard on Quality Control SQC-1 in Auditing
</description>
</item>
<item>
<title>
QRB Report 2012-15-SA-700 Forming Opinion and Reporting
</title>
<pubDate>Wed, 19 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/qrb-report/forming-opinion-reporting-on-financial-statements-auditing-standard-sa700.html
</link>
<description>
Quality Review Board (QRB) Report 2012-15- Forming an Opinion and Reporting on Financial Statements in Accordance with Standard on Auditing SA 700
</description>
</item>
<item>
<title>
QRB Report 2015-SA-500 Obtaining Audit Evidence
</title>
<pubDate>Wed, 19 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/qrb-report/obtaining-audit-evidence-in-accordance-with-auditing-standard-sa500.html
</link>
<description>
Quality Review Board (QRB) Report 2012-15- Obtaining Audit Evidence in Accordance with Standard on Auditing SA 500
</description>
</item>
<item>
<title>
QRB Report 2015-SA-300 Planning Audit of Financial Statements
</title>
<pubDate>Wed, 19 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/qrb-report/planning-an-audit-in-accordance-with-auditing-standard-sa300.html
</link>
<description>
Quality Review Board (QRB) Report 2012-15- Planning an Audit of Financial Statements in Accordance with Standard on Auditing SA 300
</description>
</item>
<item>
<title>
QRB Report 2012-15-SA-230 Audit Documentation
</title>
<pubDate>Wed, 19 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/qrb-report/audit-documentation-in-accordance-with-auditing-standard-sa230.html
</link>
<description>
Quality Review Board (QRB) Report 2012-15- Audit Documentation in Accordance with Standard on Auditing SA 230
</description>
</item>
<item>
<title>
QRB Report-SA-220 Quality Control Financial Statement Audit
</title>
<pubDate>Wed, 19 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/qrb-report/quality-control-for-audit-of-financial-statements-as-per-sa220.html
</link>
<description>
Quality Review Board (QRB) Report 2012-15- Quality Control for An Audit of Financial Statements in Accordance with Standard on Auditing SA 220
</description>
</item>
<item>
<title>
QRB Report- SA-210 Agreeing with Audit Engagements by Auditors
</title>
<pubDate>Wed, 19 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/qrb-report/auditors-agreement-with-terms-of-audit-engagement-sa210.html
</link>
<description>
Quality Review Board (QRB) Report 2012-15- SA-210 Agreeing with the Terms of Audit Engagements by Auditors
</description>
</item>
<item>
<title>
RBI -Exchange Rate factor in Corporate Profitability in India
</title>
<pubDate>Tue, 18 Aug 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/is-exchange-rate-dominant-factor-influencing-indian-corporate-profitability.html
</link>
<description>
RBI Working Paper - Is Exchange Rate the Dominant Factor Influencing Corporate Profitability in India
</description>
</item>
<item>
<title>
Indian Citizen Member of Ship-Crew Computation of Stay Period
</title>
<pubDate>Tue, 18 Aug 2015 11:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/computation-period-of-stay-indian-citizen-crew-member-ship-cbdt-notification.html
</link>
<description>
CBDT Notification 70/2015-Computation of Period of Stay in India of Indian Citizen Member of Ship Crew as per Voyage Discharge Certificate, Rule 126
</description>
</item>
<item>
<title>
CBDT-Officers below Addl CIT/JCIT not to represent before AAR
</title>
<pubDate>Tue, 18 Aug 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/representation-before-advance-ruling-authority-not-by-officers-below-addl-cit-jcit.html
</link>
<description>
CBDT-Officers below Addl. CIT/JCIT not to represent before Authority of Aavance Ruling (AAR).In important cases, representation may be made by Pr. CIT/CIT
</description>
</item>
<item>
<title>
CBDT-Bihar Districts Notified as Backwards Areas u/s 32, 32AD
</title>
<pubDate>Tue, 18 Aug 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/21-districts-of-notified-as-backward-areas-under-section32-32ad.html
</link>
<description>
CBDT Notification-21 Districts of Bihar Declared Backwards Areas for the Higher Income-tax Depreciation/Deduction Benefits under Section 32 and 32AD
</description>
</item>
<item>
<title>
Supreme Court-Levy of Interest under section 234B is Automatic
</title>
<pubDate>Tue, 18 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/234b-interest-levy-is-automatic-itns-150-is-part-of-assessment-order-sc.html
</link>
<description>
SC-Levy of Interest under section 234B of the Income Tax Act, 1961 is Automatic and ITNS 150 Incometax Computation Form is Part of Assessment Order
</description>
</item>
<item>
<title>
HC-Govt Order for HRA to both Spouses Residing Together Legal
</title>
<pubDate>Tue, 18 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/allahabad-high-court/govt-order-for-hra-payment-to-both-spouses-residing-together-is-legal.html
</link>
<description>
Allahabad HC-Payment of House Rent Allowance (HRA) to both the Spouses Residing together is a Pure Matter of Financial Policy and is Legal
</description>
</item>
<item>
<title>
CBDT-Clarification u/s 10(23C)(vi) Scope, Approval and Conditions
</title>
<pubDate>Mon, 17 Aug 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-clarification-circular-section-1023cvi-approval-scope-enquiry-conditions.html
</link>
<description>
CBDT Circular 14/2015. Clarification u/s 10(23C)(vi) Educational Institution Scope of Enquiry in Granting Exemption Approval, Conditions not Relevant.
</description>
</item>
<item>
<title>
ITAT-Interest Income Non-recognition in Mercantile Method Upheld
</title>
<pubDate>Mon, 17 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/non-recognition-interest-income-under-mercantile-accounting-method-upheld-itat.html
</link>
<description>
ITAT-Non Recognition of Interest Income in Mercantile Accounting Method due to Uncertainty of Collection in terms of Contract with Borrower was as approved by SC
</description>
</item>
<item>
<title>
Excel Income Tax Residential Status Calculator Download
</title>
<pubDate>Sun, 16 Aug 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/excel-residential-status-calculator-download.html
</link>
<description>
Excel Residential Status Calculator Download. Meaning and Rules for Resident, Non-resident, Not Ordinarily Resident as per Section 6 of Income Tax Act, 1961
</description>
</item>
<item>
<title>
SC-Respondents Counsel Concession was to Delay Winding Up
</title>
<pubDate>Fri, 14 Aug 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/supreme-court/concessions-made-by-respondent-junior-advocate-to-delay-winding-up.html
</link>
<description>
Supreme Court-Concession made by Respondents Counsel before Company Judge was made to Delay the Winding up of Respondents Company
</description>
</item>
<item>
<title>
CBDT-Rectification Application 154 Disposal in Demand Cases
</title>
<pubDate>Fri, 14 Aug 2015 07:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-instruction-speedy-disposal-rectification-application-154-demand-cases.html
</link>
<description>
CBDT Latest Instructions for Speedy Disposal of Applications for Rectifications u/s 154 in Income Tax Demand Cases as on 22-07-2015
</description>
</item>
<item>
<title>
Maggi Noodles Ban Quashed-Bombay High Court Judgment
</title>
<pubDate>Fri, 14 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/maggi-noodles/bombay-high-court-quashes-fssai-ban-orders-fresh-test-before-maggi-sale.html
</link>
<description>
Maggi Noodles-Bombay High Courts Quashes FSSAI Ban Orders, Directs Fresh Tests at NABL Accredited Labs before Fresh Manufature and Sale. Full Judgment
</description>
</item>
<item>
<title>
Revised Guidelines-Grant of Reward to Informers Government Servants 2015
</title>
<pubDate>Fri, 14 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/cbec/revised-latest-guidelines-for-grant-of-rewards-to-informer-government-servants-2015.html
</link>
<description>
Excise and Customs Revised Guidelines for Grant of Reward to Informers and Government Servants 2015. CBEC Circular no. 20/2015 dated 31-07-2015
</description>
</item>
<item>
<title>
ITAT-Fixed Deposit Interest allowed as Business Income
</title>
<pubDate>Thu, 13 Aug 2015 03:29:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cash-credit-security-fixed-deposit-interest-allowed-as-business-income.html
</link>
<description>
ITAT-Interest Income on Fixed Deposits Pledged as Secuirty against Cash Credit allowed under the Head Income from Business and Profession
</description>
</item>
<item>
<title>
RBI- Pay Income Tax in Advance at RBI or 29 Authorised Bank
</title>
<pubDate>Thu, 13 Aug 2015 03:29:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/pay-tax-dues-in-advance-at-rbi-twenty-nine-authorised-bank-branches.html
</link>
<description>
RBI- Pay Income Tax Dues in Advance at RBI or at Twenty Nine Authorised Bank Branches to Avoid Rush
</description>
</item>
<item>
<title>
SC-Aadhaar Card not Mandatory Neither a Condition for Benefits
</title>
<pubDate>Wed, 12 Aug 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/supreme-court/aadhaar-card-not-mandatory-for-a-citizen-not-condition-for-any-benefits.html
</link>
<description>
Supreme Court-It is not mandatory for a citizen to obtain Aadhaar card and it will not be condition for obtaining any benefits otherwise due to a citizen
</description>
</item>
<item>
<title>
SC-Fundamental Right to Privacy under Indian Constitution
</title>
<pubDate>Wed, 12 Aug 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/supreme-court/fundamental-right-to-privacy-under-article21-indian-constitution-larger-bench.html
</link>
<description>
Supreme Court-Interpretation of Indian Constitution for existence of the fundamental right to privacy under Article 21 or otherwise referred to Larger Bench
</description>
</item>
<item>
<title>
SC-Advance Paid is Utilisation for Capital Gain Exemption 54G
</title>
<pubDate>Wed, 12 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/sc-advance-amount-paid-is-also-utilisation-for-section-54g-capital-gain-exemption.html
</link>
<description>
Supreme Court-Advances Paid for Purchase of Plant/Machinery also amount to Utilization for Capital Gain Exemption u/s 54G of Income tax Act 1961
</description>
</item>
<item>
<title>
Supreme Court Service Tax Stay on Lawyers Full Judgment
</title>
<pubDate>Tue, 11 Aug 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/supreme-court-stay-service-tax-on-lawyers-full-judgment.html
</link>
<description>
Supreme Court Full Judgment on Stay of Service Tax Levy on Lawyers against Bombay High Court Order in SLP 13944/2015 by Bombay Bar Association
</description>
</item>
<item>
<title>
ITAT-Taxing a Person as per PAN Reported in 26AS Incorrect
</title>
<pubDate>Tue, 11 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/taxing-person-on-the-basis-of-pan-reported-in-tds-form-26as-incorrect-itat.html
</link>
<description>
ITAT-Assessing Officer must Tax the Right Person and not merely on the basis of PAN Reported in TDS Statement Form 26AS which is Errorneous
</description>
</item>
<item>
<title>
ITAT-Purchase Bill Accounting Only after Receiving of Goods
</title>
<pubDate>Tue, 11 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/purchase-bill-accounting-year-physical-receiving-goods-mercantile-system-itat.html
</link>
<description>
ITAT-Procedure of Accounting of Purchase Bills Only in the Year of Goods Physical Receiving is in Accordance with Mercantile/Accrual Accounting System
</description>
</item>
<item>
<title>
ICAI-Answer Book Verification Procedure for CA Exams
</title>
<pubDate>Mon, 10 Aug 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/procedure-verification-answer-book-ca-student-post-qualification-course-examinations.html
</link>
<description>
ICAI-Procedure for Verification of Answer Books of Chartered Accountants Students and Post Qualification Courses Examinations
</description>
</item>
<item>
<title>
Excel House Rent Allowance HRA Exemption Calculator
</title>
<pubDate>Mon, 10 Aug 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/excel-hra-exemption-calculator-download.html
</link>
<description>
Excel House Rent Allowance (HRA) Exemption Calculator. As per Rule 2A Higher Deduction is not available to all Metro Cities
</description>
</item>
<item>
<title>
Violation of Companies Act 1956 by IPL Team Owners
</title>
<pubDate>Sat, 08 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact1956/violation-of-provisions-by-ipl-team-owner-companies.html
</link>
<description>
Violation of the Provisions of Companies Act 1956 by IPL Team Owner Companies and Status of ROC Scrutiny of their Records
</description>
</item>
<item>
<title>
Higher Transport Allowance Rates for Central Govt. Employees
</title>
<pubDate>Sat, 08 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/central-government-employees/higher-transport-allowance-rate.html
</link>
<description>
Grant of Transport Allowance at Higher Rates to Central Government Employees based on Pay Grade and Revised Cities Town Classification
</description>
</item>
<item>
<title>
Public Enterprises Non-official Directors Selection Appointment Criteria
</title>
<pubDate>Sat, 08 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/central-public-sector-enterprises/non-official-directors-selection-appointment-criteria.html
</link>
<description>
Criteria for selection/appointment of non-official Directors on the Boards of Central Public Sector Enterprises (CPSEs)
</description>
</item>
<item>
<title>
Charitable Company Fixed Deposit Interest not Exempt on Mutality
</title>
<pubDate>Thu, 06 Aug 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/fixed-deposit-interest-charitable-club-company-taxable-not-exempt-on-mutality.html
</link>
<description>
ITAT-Fixed Deposit Interest from Banks/Financial Institutions of Club a Section 25 Charitable Company is taxable not Exempt under concept of Mutality
</description>
</item>
<item>
<title>
Tribunal Power to Condone Appeal Filing Delaly in SARFAESI Act
</title>
<pubDate>Thu, 06 Aug 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/sarfaesi-act/appellate-tribunal-has-power-to-condone-delay-in-apeal-filing-sc.html
</link>
<description>
Supreme Court-Appellate Tribunal has Power to Condone Delay in Filing Appeal under Section 18(2) of SARFAESI Act and Section 20(3) of the RDB Act
</description>
</item>
<item>
<title>
Payments to Experienced Consultants/Technocrats is not Salary u/s 192
</title>
<pubDate>Thu, 06 Aug 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-remuneration-paid-194j-to-experienced-consultants-not-salary-for-tds.html
</link>
<description>
ITAT-No Employer-Employee Relationship for TDS u/s 192 for Payments made to Experienced Consultants/Technocrats as Professional/Technical Fee u/s 194J
</description>
</item>
<item>
<title>
Madras HC Quashes PIL to Declare ICAI CPT as Ultra Vires
</title>
<pubDate>Thu, 06 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/pil-to-declare-cpt-course-ultra-vires-illegal-quashed-by-madras-high-court.html
</link>
<description>
Madras High Court Dismises PIL filed by Former Asstt Secretary and Southern Region Head to quash and Declare ICAI Common Proficiency Test (CPT) as ultra vires.
</description>
</item>
<item>
<title>
New Initiatives taken by Indian Government to Attract FDI
</title>
<pubDate>Thu, 06 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/fdi/new-initiatives-by-indian-govt-to-attract-foreign-direct-investment.html
</link>
<description>
New Initiatives taken by Government to Attract Foreign Investment in India
</description>
</item>
<item>
<title>
FAQ on Online RTI Application and Appeals Filing Website Portal
</title>
<pubDate>Thu, 06 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/rti/faq-on-filing-applications-appeals-at-online-rti-website-portal.html
</link>
<description>
Frequently Asked Question (FAQ) on Online RTI Application and Appeals Filing Website Portal. Login, Password, payment of fee, browser errors etc.
</description>
</item>
<item>
<title>
Step by Step Guidelines for Online RTI Application Filing
</title>
<pubDate>Thu, 06 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/rti/step-by-step-procedure-guidelines-for-filing-online-rti-application-appeals.html
</link>
<description>
Step by Step Procedure/Guidelines for using Online RTI Website Portal. How to File Right to Information Applications Appeals Online
</description>
</item>
<item>
<title>
Online RTI Application Filing Website Portal Guidelines
</title>
<pubDate>Thu, 06 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/rti/online-rti-application-appeal-filing-website-portal-guidelines-for-use.html
</link>
<description>
Online RTI Website Portal-Guidelines for Use and Filing Right to Information Applications and Appeals by Indian Citizens, including those Living Abroad
</description>
</item>
<item>
<title>
SC-Aircraft Landing/Parking Charges liable to TDS u/s 194C
</title>
<pubDate>Wed, 05 Aug 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/aircraft-landging-takeoff-praking-charges-covered-us-194c-not-194i-for-tds.html
</link>
<description>
SC-Aircraft Landing/Takeoff and Parking Charges paid to Airport Authorities are not for \x91Use of Land\x92 and are Covered u/s 194C for TDS not under 194-I
</description>
</item>
<item>
<title>
Deemed dividend 2(22)(e) Taxable in hands of Registered Shareholder Only
</title>
<pubDate>Tue, 04 Aug 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/deemed-dividend-taxable-in-the-hands-of-registered-shareholders-only.html
</link>
<description>
ITAT-Deemed Dividend under Section 2(22)(e) of Income Tax Act 1961 are appliacle in the hand of registered share-holder of company only
</description>
</item>
<item>
<title>
SEBI Frequently Asked Question FAQ on Delisting of Securities
</title>
<pubDate>Mon, 03 Aug 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/faq-on-delisting-of-securities-from-stock-exchange.html
</link>
<description>
SEBI-Frequently Asked Question FAQ on Delisting of Securities. It involves Permanent Removal from Stock Exchange so that it can no Longer be Traded
</description>
</item>
<item>
<title>
CBDT- Existing ASKs Management Transferred to DGIT Admn.
</title>
<pubDate>Mon, 03 Aug 2015 09:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/transfer-of-management-of-existing-ask-to-dgit-admin.html
</link>
<description>
CBDT Order to Transfer the Management of existing Aayakar Sewa Kendras (ASK) to DGIT (admn) from DGIT (Logistics)
</description>
</item>
<item>
<title>
Depreciation Allowability u/s 11 for Income Applied-AY 2015-16
</title>
<pubDate>Mon, 03 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/allowability-of-depreciation-for-income-applied-under-section11-from-ay2015-16.html
</link>
<description>
Depreciation Allowability in Calculating 85 Percent of Income Applied under Section 11 by Charitable Trusts settled by new sub-section (6) from AY 2015-16
</description>
</item>
<item>
<title>
Excel Calculator for Income Tax on Agricultural Income
</title>
<pubDate>Mon, 03 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/excel-calculator-for-tax-on-agricultural-income-in-india.html
</link>
<description>
Excel Calculator to Calculate Income Tax Payable on Agricultural Income in India
</description>
</item>
<item>
<title>
SEBI-Unlisted Companies Issuing Securities as Private Placement
</title>
<pubDate>Mon, 03 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/unlisted-companies-issuing-securities-as-private-placement-luring-retail-investors.html
</link>
<description>
SEBI-Unlisted Companies Luring Retail Investors by issuing Non-Convertible Debentures/Equity shares etc. as private placement Voilating the Provisions
</description>
</item>
<item>
<title>
CAG-IRDA Failed to recover Rs 22.58 crore service tax from clients
</title>
<pubDate>Mon, 03 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/cag-report-2015/irda-failed-recover-service-tax-22.58-crores-paid-from-own-funds.html
</link>
<description>
CAG Report-IRDA Failed to recover Rs 22.58 crore service tax from clients, paid it from own funds due to request to cover in the Negative List not granted
</description>
</item>
<item>
<title>
CAG-CBDT Decision RPC Pune Caused 3.83 Crores Useless Expenses
</title>
<pubDate>Mon, 03 Aug 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/cag-report-2015/cbdt-decision-rpc-pune-manual-processing-itrs-infructuous-expenditure.html
</link>
<description>
CAG Report-CBDT\x92s Unplanned Decision to Create Regional Processing Centre at Pune for ITRs Manual Processing Caused Rs. 3.83 Crores Infructuous expenses
</description>
</item>
<item>
<title>
SC-Giving Abdul Memon Extra Time would be Travesty of Justice
</title>
<pubDate>Sat, 01 Aug 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/supreme-court/granting-abdul-memon-more-time-would-be-travesty-of-justice-final-judgment.html
</link>
<description>
To Grant Yakub Abdul Razak Memon Further Time would be nothing but Travesty of Justice-Supreme Court. Download Final Judgment dated 30-07-2015
</description>
</item>
<item>
<title>
Modus Operandi-Black Money Conversion through Shell Companies
</title>
<pubDate>Fri, 31 Jul 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/modus-operandi-black-money-conversion-through-shell-companies.html
</link>
<description>
Modus Operandi of Conversion of Black Money into White through the Medium of Shell Companies illustrated during proceedings in Income Tax Appellate Tribunal
</description>
</item>
<item>
<title>
Right to receive Pension/Family Pension is a continuing right
</title>
<pubDate>Fri, 31 Jul 2015 08:00:00 GMT</pubDate>
<link>
https://abcaus.in/family-pension/right-to-receive-pension-is-continuing-right-not-barred-by-laches.html
</link>
<description>
Right to receive Pension, Family Pension is a continuing right not barred by laches-Allahabad High Court
</description>
</item>
<item>
<title>
New Income Tax Returns ITR-3 4 5 6 7 for AY 2015-16 Notified
</title>
<pubDate>Thu, 30 Jul 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-notifies-new-itr-3-4-5-6-7-for-ay-201516.html
</link>
<description>
CBDT Notifies New Income Tax Return Forms ITR-3 4 5 6 7 for AY 2015-16. Download of utility for e-filing to be enabled soon
</description>
</item>
<item>
<title>
SC-Assembling Water Filteration System amounts to Manufacture
</title>
<pubDate>Thu, 30 Jul 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/supreme-court/job-work-of-assembling-water-purification-filteration-system-is-manufacture.html
</link>
<description>
SC-Job Work of Mounting Water Purification and Filteration System (WPFS) on Base Frame Amounts to Manufacture as per Central Excise Act 1944
</description>
</item>
<item>
<title>
SC-Deceased Estate can not be taxed without Machinery provisions
</title>
<pubDate>Thu, 30 Jul 2015 08:00:00 GMT</pubDate>
<link>
https://abcaus.in/supreme-court/taxing-estate-of-dead-persons-without-machinery-provisions-in-tax-statute.html
</link>
<description>
Supreme Court-Dead person\x92s estate/legal representatives can not be taxed without necessary machinery provisions in a tax statute like Income Tax Act
</description>
</item>
<item>
<title>
The Judgment that made the difference-Yakub Menon Death Sentence
</title>
<pubDate>Wed, 29 Jul 2015 04:00:00 GMT</pubDate>
<link>
https://abcaus.in/supreme-court/yakub-mennon-death-sentence-to-be-heard-by-three-judges-bench.html
</link>
<description>
Supreme Court divided over death sentence of Yakub Menon. Petition To be decided by three Judges Bench
</description>
</item>
<item>
<title>
SC-Close-Up Whitening is not Toothpaste but Dental Cleaner
</title>
<pubDate>Tue, 28 Jul 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/supreme-court/closeup-whitening-is-not-toothpaste-but-dental-cleaner.html
</link>
<description>
Supreme Court- Close-Up Whitening is not Toothpaste but a Dental Cleaner Hence is subject to Excise Duty at a Rate Different from Toothpaste
</description>
</item>
<item>
<title>
SEBI Cancels Sahara Mutual Fund Registration Certificate
</title>
<pubDate>Tue, 28 Jul 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/cancellation-of-registration-certificate-of-sahara-mutual-fund.html
</link>
<description>
SEBI directs Cancellation of the Certificate of Registration of Sahara Mutual Fund on expiry of six months from from the date of order 28-07-2015
</description>
</item>
<item>
<title>
ICAI FAQs on Participation in Swachh Vidyalaya Abhiyaan
</title>
<pubDate>Tue, 28 Jul 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/faqs-on-participation-in-swachh-vidyalaya-abhiyaan.html
</link>
<description>
ICAI Frequently Asked Questions (FAQs) on Participation in Swachh Vidyalaya Abhiyaan. Role, Elgibility, Scope, Enrolment Procedure, Remuneration etc.
</description>
</item>
<item>
<title>
CCI-Hyundai Reva Premier Cos Contravening Competition Laws
</title>
<pubDate>Tue, 28 Jul 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/cci/hyundai-reva-premier-car-companies-contravening-competition-law.html
</link>
<description>
Competition Commission of India Finds Hyundai Reva and Premier Car Companies Contravening the Competition Law regarding spare parts/diagnostic tools
</description>
</item>
<item>
<title>
Do CAs really have locus standi on ITR due date extension
</title>
<pubDate>Tue, 28 Jul 2015 11:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/chartered-accountants-locus-standi-itr-tax-audit-report-filing-due-date-extension.html
</link>
<description>
Do Chartered Accountants Really have any locus standi on the Extension of Due Dates for Filing Income Tax Returns or Tax Audit Reports but for Public Cause
</description>
</item>
<item>
<title>
Central Govt Employees HRA Payment-Revised Cities classification
</title>
<pubDate>Mon, 27 Jul 2015 18:30:00 GMT</pubDate>
<link>
https://abcaus.in/census-2011/revised-classification-cities-town-hra-payment-central-government-employees.html
</link>
<description>
Re-classification/Upgradation of Cities/Towns as per 2011 Census for Grant of House Rent Allowance HRA to Central Government Employees
</description>
</item>
<item>
<title>
Incidental Activities High Proportion Receipts not Ultra Vires
</title>
<pubDate>Mon, 27 Jul 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/high-receipts-proportion-incidental-activities-charitable-trust-not-ultra-vires.html
</link>
<description>
Delhi HC- Higher Proportion of Receipts from an Activity Reasonably Incidental to Objects of Charitable Trust does not make it Ultra Vires
</description>
</item>
<item>
<title>
Extension Wealth Tax Return Filing Due Date AY 2015-16 31-08-2015
</title>
<pubDate>Mon, 27 Jul 2015 08:30:00 GMT</pubDate>
<link>
https://abcaus.in/wealthtax/extension-due-date-return-filing-ay-201516-from-31072015-to-31082015.html
</link>
<description>
CBDT Clarification and Extension of Due Date for Wealth Tax Return Filing for AY 2015-16 from 31-07-2015 to 31-08-2015
</description>
</item>
<item>
<title>
Imprisonment Penalization of Directors in 2014-15
</title>
<pubDate>Fri, 24 Jul 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact1956/directors-imprisonment-penalization-companies-turnover-more-than-50-crores.html
</link>
<description>
Imprisonment Penalization under Companies Act, 1956 of Directors of Companies with Turnover of more than Rs 50 crore annually, in the year 2014-15
</description>
</item>
<item>
<title>
SIT 3rd Report Recommendations on Black Money
</title>
<pubDate>Fri, 24 Jul 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/sit-black-money/recommendations-third-report-ltcg-misuse-shell-cos-donations-cricket-betting.html
</link>
<description>
SIT Recommendations on Black Money in Third SIT Report\x96Misuse of LTCG Exemption, Shell Companies, Education Sector Donations, Cricket Betting etc
</description>
</item>
<item>
<title>
1081 Notified as Cost Inflation Index CII for FY 2015-16
</title>
<pubDate>Fri, 24 Jul 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-cost-inflation-index-fy-201516-notified-1081-uptodate-cii-table-from-1981-82.html
</link>
<description>
Cost Inflation Index (CII) for the Financial Year 2015-16 Notified. CII for FY 2015-16 is 1081. Latest Up to Date Table of CII from FY 1981-82 to FY 2015-16
</description>
</item>
<item>
<title>
State-wise List-Companies Registered with RoC as on 30-06-2015
</title>
<pubDate>Fri, 24 Jul 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/roc/state-wise-companies-registered-as-on-30062015-struck-off-liquidated-in-last-three-years.html
</link>
<description>
State/UT-wise Number of Companies Registered with Registrar of Companies as on 30-06-2015 and Companies struck-off/Liquidated in Last 3 Financial Years
</description>
</item>
<item>
<title>
SC-Wharfage Charges of GMB not Taxable under Port Services
</title>
<pubDate>Thu, 23 Jul 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/sc-wharfage-charges-collected-by-gujarat-maritime-board-not-taxable-port-services.html
</link>
<description>
Supreme Court-Wharfage Charges Collected by Gujarat Maritime Board not Covered Under Port Services thus not Chargeable to Service Tax u/s 65(105)(zn)
</description>
</item>
<item>
<title>
Truth of VPP Parcel after Cos Incorporation-Directors Appointment
</title>
<pubDate>Thu, 23 Jul 2015 08:00:00 GMT</pubDate>
<link>
https://abcaus.in/roc/vpp-parcel-delivery-by-post-after-company-incorporation-directors-appointment.html
</link>
<description>
Truth of VP Parcel (VPP) Delivery at Addresses Mentioned in E-form Filed with Registrar of Companies (RoC) after Company Incorporation or Directors Appointment
</description>
</item>
<item>
<title>
ICAI Tendering Monitoring Mechanism-CA to disclose Fee, Manhours
</title>
<pubDate>Wed, 22 Jul 2015 13:40:00 GMT</pubDate>
<link>
https://abcaus.in/icai/tendering-monitoring-mechanism-ca-firms-to-disclose-fee-quoted-estimated-actual-man-hour.html
</link>
<description>
ICAI Monitor Tendering Mechanism. Chartered Accountants Firms to Communicate Fee Quoted, Estimated Actual Man-Hour for Partners Proprietors Paid CA Staff
</description>
</item>
<item>
<title>
ICAI Multi Purpose Empanelment Form 2015-16 Last Date 31-08-2015
</title>
<pubDate>Wed, 22 Jul 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai-mef/MultipurposeEmpanelmentForm2015-16-last-date-online-submission-31-08-2015.html
</link>
<description>
ICAI Multi-Purpose Empanelment Form Year 2015-16. Last date for Online Submission is 31-08-2015 and for Declaration Hard Copy Submission is 15-09-2015
</description>
</item>
<item>
<title>
Delhi HC-Accounting System Consistently Followed not be Rejected
</title>
<pubDate>Wed, 22 Jul 2015 09:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/delhi-hc/accouning-system-consistently-followed-and-accepted-can-not-be-rejected.html
</link>
<description>
Delhi High Court-In the Absence of Change in Accounting System Consistently Followed by Assessee and Accepted, Income-Tax can not adopt different Stance
</description>
</item>
<item>
<title>
Delhi HC-Duty Drawback in Projects is Capital Receipt not Income
</title>
<pubDate>Wed, 22 Jul 2015 09:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/delhi-hc/duty-drawback-reduces-cost-of-project-is-capital-receipt-not-income-28iiic.html
</link>
<description>
Delhi High Court-Any Refund/Duty Drawback Ultimately Reduces Cost of Project and is Capital Receipt not Income under Section 28(iiic) of Income Tax Act
</description>
</item>
<item>
<title>
General Meeting at Shorter Notice and Financial Statements Circulation
</title>
<pubDate>Tue, 21 Jul 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/holding-general-meeting-at-shorter-notice-and-financial-statements-circulation.html
</link>
<description>
Circular-11/2015 General Meeting at Shorter Notice u/s 101 and Financial Statements Circulation. Filing, Website Placing of Foreign Subsidiary Unaudited Accounts
</description>
</item>
<item>
<title>
Electronic Filing of Form6 under Black Money Act 2015 Started
</title>
<pubDate>Tue, 21 Jul 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/procedure-steps-for-electronic-filing-of-form6-under-black-money-act-2015.html
</link>
<description>
Delhi HC-No Requirement U/s 86(2) of Finance Act to require Chief Commissioners Committee give Independent Reasons for Appeal to Service Tax Tribunal
</description>
</item>
<item>
<title>
Delhi HC-No Independent Reasons Required u/s 86(2) CESTAT Appeal
</title>
<pubDate>Mon, 20 Jul 2015 16:50:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/section-86-no-requirement-of-independent-reasoning-by-commissioner-for-cestat-appeal.html
</link>
<description>
Delhi HC-No Requirement U/s 86(2) of Finance Act to require Chief Commissioners Committee give Independent Reasons for Appeal to Service Tax Tribunal
</description>
</item>
<item>
<title>
CBDT-ITRs AY 2013-14 2014-15 can also be EVC Validated
</title>
<pubDate>Mon, 20 Jul 2015 10:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itrs-ay-201314-201415-can-also-be-validated-through-electronic-verification-code-cbdt.html
</link>
<description>
CBDT Order-ITRs for AY 2013-2014, 2014-2015 Filed Electronically between 01-04-2014 to 31-03-2015 can also be Validated by EVC within ITRV Extended Time
</description>
</item>
<item>
<title>
ITAT-Interest on Interest on Refunds u/s 244A is not Payable
</title>
<pubDate>Sun, 19 Jul 2015 17:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-interest-on-interest-on-refunds-under-section-244a-is-payable-to-assessee-itat.html
</link>
<description>
ITAT-No Interest on Interest u/s 244A on Income tax Refunds is Payable to Assessee in view of Supreme Court Judgments in Gujarat Fluoro Chemicals and Sandvik Asia
</description>
</item>
<item>
<title>
CBDT New Taxpayers Target FY 2015-16 and Strategy to Achieve Same
</title>
<pubDate>Sat, 18 Jul 2015 07:35:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-targets-one-crores-new-taxpayers-in-fy-201516-and-strategies-to-achieve.html
</link>
<description>
CBDT Issues Target of One Crores New Taxpayers in FY 2015-16 and Strategy to Achieve the Same
</description>
</item>
<item>
<title>
Migration of PAN lying in Old/Orphan/Defunct Jurisdiction
</title>
<pubDate>Fri, 17 Jul 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/pan-migration-from-old-orphan-defunct-jurisdiction-to-be-completed-before-31072015.html
</link>
<description>
Migration of PAN from Old/orphan/defunct jurisdiction to be completed before 31-07-2015. It creates problems in return processing and selection of PAN in CASS
</description>
</item>
<item>
<title>
234E Late Fee Demand us 200A Prior 01-06-2015 Invalid-ITAT Chennai
</title>
<pubDate>Thu, 16 Jul 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-chennai-234e-late-fee-demand-order-section-200a-before-01062015-invalid.html
</link>
<description>
ITAT Chennai-Raising of Demand u/s 200A for Late Fee u/s 234E Not Permissible before 01-06-2015, However AO May Pass Separate Order under Section 234E
</description>
</item>
<item>
<title>
RBI-Credit Card is NPA in 90 Days from Due Date of Statement
</title>
<pubDate>Thu, 16 Jul 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/credit-card-account-become-npa-if-not-paid-within-90-days-from-due-date-in-statement.html
</link>
<description>
RBI-Credit Card Account to become Non Performing Asset (NPA) if Minimum Amount Due not Paid within 90 days from Due Date Mentioned in the Statement
</description>
</item>
<item>
<title>
RBI-Minimum Audit Programme for Banks Concurrent Audit System
</title>
<pubDate>Thu, 16 Jul 2015 13:30:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/revised-minimum-audit-programme-guidelines-for-concurrent-audit-system-in-banks.html
</link>
<description>
RBI-Revised Guidelines and Minimum Audit Programme for Concurrent Audit System in Commercial Banks dated 15-07-2015
</description>
</item>
<item>
<title>
RBI-Revised Guidelines Concurrent Audit System in Banks
</title>
<pubDate>Thu, 16 Jul 2015 13:30:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/revised-guidelines-for-concurrent-audit-system-in-commercial-banks.html
</link>
<description>
RBI-Revised Guidelines for Concurrent Audit System in Commercial Banks. Scope, Appointment of Auditors, Accountability and Remuneration etc.
</description>
</item>
<item>
<title>
RBI Notification-Banks Concurrent Audit Guidelines Revision
</title>
<pubDate>Thu, 16 Jul 2015 13:30:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/present-system-of-concurrent-audit-in-commercial-banks-revision-of-guidelines.html
</link>
<description>
RBI Notification-Review of the Present System of Concurrent Audit System in Commercial Banks and Revision of Guidelines
</description>
</item>
<item>
<title>
ITAT-Low Household Drawings in Posh Area-Additions Made Upheld
</title>
<pubDate>Wed, 15 Jul 2015 16:40:00 GMT</pubDate>
<link>
https://abcaus.in/itat/incometax-additions-low-household-drawings-living-in-posh-area-luxurious-cars.html
</link>
<description>
ITAT-Additions for Low Household Drawings for a Family Living in a Posh Area and Owning Luxurious Cars Justified when Valuables were Found in Search
</description>
</item>
<item>
<title>
ITAT-Debatable Adjustment to Book Profit u/s 115JB Deleted
</title>
<pubDate>Wed, 15 Jul 2015 16:40:00 GMT</pubDate>
<link>
https://abcaus.in/itat/incometax-debatable-adjustment-book-profit-115jb-deleted-following-supremecourt-judgment.html
</link>
<description>
ITAT-Debatable Adjustments to Book Profits u/s 115JB by Assessing Officer Deleted Following Supreme Court Judgment in CIT vs Reliance Petro Products
</description>
</item>
<item>
<title>
CLB-Adjournment Motion to be Circulated 1 Week Before and Filed
</title>
<pubDate>Tue, 14 Jul 2015 17:30:00 GMT</pubDate>
<link>
https://abcaus.in/clb/adjournment-motion-by-counsel-to-be-circulated-filed-one-week-before-bench.html
</link>
<description>
CLB-Adjournment Motion to be Circulated One Week Before and Filed. Counsel to Appear on the Date of Hearing for Placing the Request
</description>
</item>
<item>
<title>
CBDT Order-Powers and Functions of DRPs Headquarter Delhi
</title>
<pubDate>Tue, 14 Jul 2015 17:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/dispute-resolution-panel/drp-headquarter-delhi-powers-jurisdiction-function.html
</link>
<description>
CBDT Order-Powers and Functions of Dispute Resolution Panel (DRPs) Headquartered at Delhi-Jurisdiction and Cases and Classes
</description>
</item>
<item>
<title>
CAG-National Audit Cannot Be Compromised For International Audits
</title>
<pubDate>Tue, 14 Jul 2015 17:30:00 GMT</pubDate>
<link>
https://abcaus.in/cag/national-audit-can-not-be-compromised-for-international-audits.html
</link>
<description>
CAG-National Audit Cannot Be compromised for international audits. India bags largest portfolio of UN audit assignments
</description>
</item>
<item>
<title>
Service Charges Collected by Hotels Restaurants not Service Tax
</title>
<pubDate>Tue, 14 Jul 2015 13:30:00 GMT</pubDate>
<link>
https://abcaus.in/finmin/service-charges-collected-retained-by-hotels-restaurants-not-service-tax-imposed.html
</link>
<description>
Finance Ministry Clarification-Service Charges Collected by Restaurants/Hotels and Retained by them are Not Service Tax Imposed by the Government
</description>
</item>
<item>
<title>
Clarification-Media on Applicability of Black Money Act 2015
</title>
<pubDate>Tue, 14 Jul 2015 13:30:00 GMT</pubDate>
<link>
https://abcaus.in/black-money-act-2015/finmin-clarification-on-media-views-on-applicability-of-act-provisions.html
</link>
<description>
Finance Ministry Clarification on Media Views and Concerns Regarding the Applicability of Various Provisions of the Black Money Act 2015.
</description>
</item>
<item>
<title>
ITR-V Last Date Extension AY 2013-14, 2014-15 to 31-10-2015
</title>
<pubDate>Tue, 14 Jul 2015 13:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itrv-extension-last-date-time-limit-submission-ay-201314-201415-to-31102015.html
</link>
<description>
Extension of Last Date Time Limit for Submitting ITR-V for Electronically Filed Income Tax Returns (ITRs) for AY 2013-14 and AY 2014-15 to 31-10-2015
</description>
</item>
<item>
<title>
MCA- MGT7 Annual Return AOC4 Last Date Extension to 31102015
</title>
<pubDate>Mon, 13 Jul 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/relaxation-extension-additional-fee-last-date-filing-mgt7-aoc4-upto-31102015.html
</link>
<description>
MCA Circular-10/2015-Additional Fees Relaxation and Last Date Extension for Filing of Annual Return Form MGT-7 and Financial Statement AOC-4 up to 31-10-2015
</description>
</item>
<item>
<title>
User Manual-Electronic Verification Code EVC
</title>
<pubDate>Mon, 13 Jul 2015 11:50:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-user-manual-electronic-verification-code-evc-itrs.html
</link>
<description>
CBDT Income Tax Electronic Filled Returns Electronic Verification Code EVC User Manual
</description>
</item>
<item>
<title>
Electronic Verification Code EVC-FAQ
</title>
<pubDate>Mon, 13 Jul 2015 10:18:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/faq-electronic-verification-code-evc-eitrs-no-physical-acknowledgement-itrv-sending-cpc.html
</link>
<description>
FAQ-Electronic Verification Code EVC for Income Tax Returns from AY 2015-16. No Physical Acknowledgement ITR-V to be Sent to CPC Bangalore
</description>
</item>
<item>
<title>
Income Tax Electronic Verification Code EVC Notification
</title>
<pubDate>Mon, 13 Jul 2015 08:18:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-electronic-verification-code-evc-ereturns-net-banking-aadhaar-otp-atm-email.html
</link>
<description>
CBDT Notification 02/2015-Electronically filed Income Tax Return Electronic Verification Code (EVC) through Net Banking, Aadhaar OTP, ATM or Email ID
</description>
</item>
<item>
<title>
Incometax Best Orders/Practices Selection for National Digest
</title>
<pubDate>Sat, 11 Jul 2015 06:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/selection-best-orders-practices-initiatives-representations-national-digest-let-us-share.html
</link>
<description>
National Evaluation Committees Formation for Selecting Income-tax Best Orders, Practices, Representations, Initiatives for National Digest Let Us Share
</description>
</item>
<item>
<title>
CBDT-No Manual Incometax Refund issue by Assessing Officers
</title>
<pubDate>Fri, 10 Jul 2015 17:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-instruction-restriction-on-manual-refund-issue-by-ao-for-ast-processed-cases.html
</link>
<description>
CBDT Instruction-No Manual Income-tax Refund Issuance by Assessing Officers for AST Processed Cases Except as Provided or in Exceptional Cases with Approval
</description>
</item>
<item>
<title>
SOP-Demand not corrected in CPC despite Rectification by AO
</title>
<pubDate>Thu, 09 Jul 2015 17:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/sop-taxpayers-grievances-outstanding-demand-recitification-by-ao-not-corrected-cpc.html
</link>
<description>
SoP for Taxpayers Grievances of Outstanding Demand Reduced to Nil by Assessing Officer by Rectification/Appeal Order but not Corrected in the CPC
</description>
</item>
<item>
<title>
CBDT Calls Status Report of Rectification u/s 154 FY 2014-15
</title>
<pubDate>Thu, 09 Jul 2015 13:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-calls-status-report-age-wise-pendency-of-rectification-application-154-fy-201415.html
</link>
<description>
CBDT Summons Immediate Status Report of Disposal and Age-wise Pendency of Applications for Rectification u/s 154 during the FY 2015-16
</description>
</item>
<item>
<title>
DGFT Online Electronic Payment for IEC Code Application Fees
</title>
<pubDate>Thu, 09 Jul 2015 13:30:00 GMT</pubDate>
<link>
https://abcaus.in/dgft/online-electronic-payment-facility-for-iec-code-application-issue-fee-debit-credit-cards-eft.html
</link>
<description>
DGFT Launches Online Payment Facility for Application Fees for issue of Importer Exporter Code (IEC) Through Credit/ Debit Cards/Electronic Fund Transfers
</description>
</item>
<item>
<title>
ITAT-Assessment Reopening u/s 147 for Change of Opinion Invalid
</title>
<pubDate>Wed, 08 Jul 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/assessment-reopened-us-147-reasons-recorded-basis-change-of-opinion-invalid.html
</link>
<description>
ITAT-Incometax Assessment can-not be Reopened u/s 147 if Reasons recorded do not meet mandate of Section 147 and are purely on the basis of change of opinion
</description>
</item>
<item>
<title>
SOP-Nepal Earthquake Relief Exemption 11(1)(c) to Indian NGos
</title>
<pubDate>Wed, 08 Jul 2015 13:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/sop-exemption-application-section-111c-indian-charitable-ngos-nepal-earthquake-relief.html
</link>
<description>
SOP for Application for Tax Exemption u/s 11(1)(c) by Indian NGOs/Charitable Organisations for Nepal Earthquake Relief, Remittances of Money/Articles
</description>
</item>
<item>
<title>
CBDT-Filing of Appeals and Adverse Observations of Courts
</title>
<pubDate>Wed, 08 Jul 2015 12:40:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-appeal-filing-pursuing-litigation-deserving-cases-courts-adverse-observations.html
</link>
<description>
CBDT-Significance of Filing Appeal and Pursuing Litigation only in Deserving Cases in View of Adverse Observations of Courts Tarnishing image of Department
</description>
</item>
<item>
<title>
Circular-Detailed Manual Scrutiny of ST-3 Returns from 01-08-2015
</title>
<pubDate>Wed, 08 Jul 2015 03:40:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/detailed-manual-scrutiny-of-st3-returns-from-01082015-scope-selection-procedure.html
</link>
<description>
Service Tax Circular-185/4/2015 Preliminary and Detailed Manual Scrutiny of ST-3 Returns from 01-08-2015. Scope, Selection, Methodology and Findings
</description>
</item>
<item>
<title>
ITAT-Allowance of Abnormal Losses due to CNG Leakage
</title>
<pubDate>Tue, 07 Jul 2015 13:20:00 GMT</pubDate>
<link>
https://abcaus.in/itat/failure-to-take-safety-masures-irrelevant-allowance-abnormal-losses-due-to-cng-leakage.html
</link>
<description>
ITAT-Failure to take Safety Measures does not prove that Abnormal CNG Gas Leakage Losses did not take Place or Sales were Made outside Books of Account
</description>
</item>
<item>
<title>
CBEC-Use of Digital Signature, Electronic Records and Intimation
</title>
<pubDate>Mon, 06 Jul 2015 19:00:00 GMT</pubDate>
<link>
https://abcaus.in/central-excise/use-of-digital-signature-dsc-electronic-records-intimation-by-assessee-requirement.html
</link>
<description>
CBEC Notification-18/2015-Use of Digital Signature and Maintenance of Electronic Records by Assessee, Intimation of DSC to Central Excise within 15 Days
</description>
</item>
<item>
<title>
ITAT-Provisions of Section 194C(6) are Independent of 194C(7)
</title>
<pubDate>Mon, 06 Jul 2015 19:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/transporter-tds-section-194c6-provisions-independent-of-requirement-of-section-194c7.html
</link>
<description>
ITAT-Provisions of Section 194C(6) are Independent of Section 194C(7). Disallowance U/s 40(a)(ia) does not arise for Violation of Section 194C(7)
</description>
</item>
<item>
<title>
CBDT FAQ-Tax Compliance on Undisclosed Foreign Assets Income
</title>
<pubDate>Mon, 06 Jul 2015 09:30:00 GMT</pubDate>
<link>
https://abcaus.in/black-money-act-2015/faq-clarification-tax-compliance-for-undisclosed-foreign-income-assets.html
</link>
<description>
CBDT Circular 13/2015. FAQ and Clarifications on Tax Compliance for Undisclosed Foreign Income and Assets under Black Money Tax Act 2015
</description>
</item>
<item>
<title>
CBDT-Allocation of work to Commissioner of Income-tax Judicial
</title>
<pubDate>Sat, 04 Jul 2015 09:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-instruction-6-2015-commissioner-incometax-judicial-work-allocation.html
</link>
<description>
CBDT Instruction No. 6/2015- Allocation of Work to Commissioner of Income-tax (Judicial) Consequent upon Cadre Restructuring at 4 Major and 4 Metro Cities
</description>
</item>
<item>
<title>
Excel Form-6 Undisclosed Foreign Assets Declaration Download
</title>
<pubDate>Sat, 04 Jul 2015 04:00:00 GMT</pubDate>
<link>
https://abcaus.in/black-money-act-2015/excel-form6-declaration-undisclosed-foreign-assets-section-59.html
</link>
<description>
Excel Form-6 Undisclosed Foreign Asset Declaration under section 59 of Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act 2015
</description>
</item>
<item>
<title>
Black Money Tax Rules-2015-Valuation-Notification-58/2015
</title>
<pubDate>Fri, 03 Jul 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/black-money-act-2015/undisclosed-foreign-income-and-assets-rules-2015-fair-market-valuation.html
</link>
<description>
Notification-58/2015-The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Rules 2015-Fair Market Valuations and Forms
</description>
</item>
<item>
<title>
CBDT Circular 12-2015-Explanatory Notes on Black Money Act 2015
</title>
<pubDate>Fri, 03 Jul 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/black-money-act-2015/circular-explanatory-notes-provisions-related-to-undisclosed-assets-income.html
</link>
<description>
CBDT Circular 12/2015-Explanatory Notes-Provisions Relating to Tax Compliance For Undisclosed Foreign Income and Assets in The Black Money Act 2015
</description>
</item>
<item>
<title>
CCI-Amendment to Combination Regulation, Revised Form-I
</title>
<pubDate>Fri, 03 Jul 2015 10:40:00 GMT</pubDate>
<link>
https://abcaus.in/cci/amendment-to-combination-regulations-revision-to-formI-for-notifying-combination.html
</link>
<description>
Competition Commission of India Amends Combination Regulations. Flexibility in Signing the Notice; Form-I Required to be Filed for Notifying Combination
</description>
</item>
<item>
<title>
CLB-Constitution and Pending Work at Benches from 30062015
</title>
<pubDate>Fri, 03 Jul 2015 07:40:00 GMT</pubDate>
<link>
https://abcaus.in/clb/constitution-of-benches-and-allocation-of-pending-work-from-30062015.html
</link>
<description>
Company Law Board-Constitution of Benches and Pending Work at Principal Bench at New Delhi and Kolkata, Mumbai and Chennai Bench from 30-06-2015
</description>
</item>
<item>
<title>
RBI-Current Account Opening, Obtaining NoC from other Banks
</title>
<pubDate>Thu, 02 Jul 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/current-accounts-opening-entities-having-credit-facilities-with-other-banks-obtaining-noc.html
</link>
<description>
RBI-Current Account Opening. Banks to use CRILC Information and not limit Due Diligence to NOC from other Banks Customer is Having Credit Facilities
</description>
</item>
<item>
<title>
Black Money Act 2015 to Come into Force From 01-07-2015
</title>
<pubDate>Thu, 02 Jul 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/black-money-act-2015/notification-act-and-provisions-shall-come-into-force-from-01072015.html
</link>
<description>
CBDT Notification 56-2015 01-07-2015. Black Money Act 2015 which received the President Assent on the 26-05-2015 Shall Come into Force from 01-07-2015
</description>
</item>
<item>
<title>
Black Money-Last Date for Declaration and Payment Notification
</title>
<pubDate>Thu, 02 Jul 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/black-money-act-2015/30092015-last-date-declaration-31122015-last-date-payment-tax-penalty.html
</link>
<description>
CBDT Notification 57/2015-30-09-2015 Last Date for Filing Undisclosed Assets Declarations, 31-12-2015 for Payment of Tax-Penalty under Black Money Act-2015
</description>
</item>
<item>
<title>
CBDT Order 92-2015 Promotion to Joint Commissioner Grade
</title>
<pubDate>Thu, 02 Jul 2015 07:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-order-promotion-in-grade-joint-commissioner-supreme-court-judgment.html
</link>
<description>
CBDT Order 92/2015-Promotion of five officers to the Grade of Joint Commissioner of Income Tax Subject to Judgment in Pending SLP in Supreme Court
</description>
</item>
<item>
<title>
Additions on the basis of offer before Settlement Commission -ITAT
</title>
<pubDate>Thu, 02 Jul 2015 07:18:00 GMT</pubDate>
<link>
https://abcaus.in/itat/additions-on-the-basis-of-offer-before-settlement-commission-which-is-not-year-specific.html
</link>
<description>
ITAT-Additions Made on the basis of Non-year Specific Offer before Settlement Commission Should be upheld for Balance Amount Only
</description>
</item>
<item>
<title>
Black Money Act Compliance Window Date Notified as 30-09-2015
</title>
<pubDate>Wed, 01 Jul 2015 16:30:00 GMT</pubDate>
<link>
https://abcaus.in/black-money-act-2015/compliance-window-date-notified-30092015-for-foreign-asset-declaration.html
</link>
<description>
Black Money Act 2015 Date for Compliance Window Notified 30-09-2015 for Declaration to be made in respect of an Undisclosed Asset Located Outside India
</description>
</item>
<item>
<title>
ICAI Recommends Changes in Form 3CD Utility for AY 2015-16
</title>
<pubDate>Wed, 01 Jul 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/recommendations-incometax-changes-in-eform-3cd-utility-ay-2015-16-tax-audit-ceiling.html
</link>
<description>
ICAI Recommendation to Directorate of Income Tax Systems for Changes in Electronic Form 3CD to adherence to Tax Audit Ceiling by Chartered Accountants
</description>
</item>
<item>
<title>
CBDT Order 91-2015 Posting and Additional Charge in CCIT Grade
</title>
<pubDate>Wed, 01 Jul 2015 03:20:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-order-posting-additional-charge-ccit-grade-delhi-mumbai-chennai-30062015.html
</link>
<description>
CBDT Order 91/2015- Postings and Additional Charges in the Grade of Chief Commissioner of Income Tax (CCIT) Delhi, Mumbai Chennai
</description>
</item>
<item>
<title>
CBDT Order-Promotions of DGIT CCIT as PrCCIT and New Postings
</title>
<pubDate>Wed, 01 Jul 2015 03:20:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-order-promotions-postings-cit-dgit-prccit-30-06-2015.html
</link>
<description>
CBDT Order 90-2015. Promotions in the grade of Chief commissioner/Director General of Income Tax to the post of Principal Chief Commissioner of Income Tax
</description>
</item>
<item>
<title>
ITAT-Prejudicial Direction u/s 144A without Opportunity invalid
</title>
<pubDate>Mon, 29 Jun 2015 15:30:00 GMT</pubDate>
<link>
https://abcaus.in/itat/directions-section-144a-without-opportunity-statement-recorded-in-survey-invalid.html
</link>
<description>
ITAT-Directions Prejudicial to Assessee u/s 144A can not be Issued on the Basis of Statement Recorded During Survey Without Opportunity of Being Heard
</description>
</item>
<item>
<title>
RBI Clarification on Governors Remark on World Depression
</title>
<pubDate>Sun, 28 Jun 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/the-world-is-at-risk-of-a-great-depression-clarification-of-governor-rajan-remark.html
</link>
<description>
RBI Clarification on the Governor Rajan\x92s Remark \x93The world is at risk of a Great Depression\x94 at London Business School as mis-characterized by Press
</description>
</item>
<item>
<title>
Online Electronic Deposit of EPF Contribution wef 01-10-2015
</title>
<pubDate>Sat, 27 Jun 2015 06:30:00 GMT</pubDate>
<link>
https://abcaus.in/epfo/epf-contribution-one-lakh-per-month-mandatory-online-electronic-deposit-wef-01102015.html
</link>
<description>
Mandatory Deposit of EPF Contributions exceeding Rs. 1 Lakhs Per Month to be through Electronic Internet Banking wef 01-10-2015
</description>
</item>
<item>
<title>
CBDT-Rule 51A Business Relationships Nature CA Auditor allowed
</title>
<pubDate>Fri, 26 Jun 2015 14:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/rule51a-nature-of-business-relationships-allowed-ca-auditor-independent-appointment.html
</link>
<description>
CBDT-Rule 51A Business Relationships not include sale/services by telecommunication airlines hospitals, hotels Cos etc to auditor chartered accountant
</description>
</item>
<item>
<title>
ITAT-Section 43B Disallowance despite Presumptive Tax 44AF
</title>
<pubDate>Fri, 26 Jun 2015 10:10:00 GMT</pubDate>
<link>
https://abcaus.in/itat/section-43b-disallowance-upheld-despite-presumptive-taxation-44af-non-obstante-clause.html
</link>
<description>
ITAT upheld disallowance under Section 43B despite Incometax Return Filed under Presumptive Taxation Section 44AF with Non Obstante Clause
</description>
</item>
<item>
<title>
RBI-Rs. 100 Banknote with Numbering in Ascending Size Pattern
</title>
<pubDate>Thu, 25 Jun 2015 16:30:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/rupee-100-banknotes-mg2005-series-with-new-numbering-pattern-in-ascending-size.html
</link>
<description>
RBI-Rs. 100 denomination banknotes in MG Series-2005 with new numbering pattern. Numerals in number panels to be in ascending size from left to right
</description>
</item>
<item>
<title>
RBI extends Date for Withdrawal of Pre-2005 Series Banknotes 31-12-2015
</title>
<pubDate>Thu, 25 Jun 2015 16:30:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/extension-of-last-date-for-withdrawal-of-pre2005-mg-series-bank-notes-to-31122015.html
</link>
<description>
RBI has extended the last date for the public to exchange their pre-2005 Mahatma Gandhi Series banknotes till 31-12-2015 from 30-06-2015
</description>
</item>
<item>
<title>
DGFT-New Bank Guarantee Format for Preshipment Agency Recognition
</title>
<pubDate>Thu, 25 Jun 2015 16:30:00 GMT</pubDate>
<link>
https://abcaus.in/dgft/new-format-bank-guarantee-for-recognition-as-preshipment-inspection-agency.html
</link>
<description>
New Format of Bank Guarantee Appendix 2N1 to be executed with DGFT for recognition as PreShipment Inspection Agency PSIA
</description>
</item>
<item>
<title>
ITAT-Case Remanded. No Independent Findings, CESTAT Appeal Pending
</title>
<pubDate>Thu, 25 Jun 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/itat/incometax-case-remanded-to-ao-no-independent-findings-appeal-pending-cestat-tribunal.html
</link>
<description>
ITAT-Case Remanded to AO for No Independent Findings except Documentary Evidence Collected by Excise Department and Appeal Pending in CESTAT Tribunal
</description>
</item>
<item>
<title>
ITAT-Additional Evidence Admitted by CIT-Appeal Justified
</title>
<pubDate>Thu, 25 Jun 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/itat/additional-evidence-admitted-by-cit-appeal-for-inadequate-opportunity-to-assessee-justified.html
</link>
<description>
ITAT-Additional Evidence Admitted by CIT-Appeal and Remand Report Called from Assessing Officer justified for Inadequate Opportunity given to Assessee
</description>
</item>
<item>
<title>
ITAT-Expenses Charged to Construction WIP, Admin Loss Allowed
</title>
<pubDate>Wed, 24 Jun 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/itat/expenses-charged-construction-wip-account-business-activity-admin-expenses-loss-allowed.html
</link>
<description>
ITAT-Charging of Expenses to Construction WIP Account does not mean that No Business Activity was Carried On. Administrative Expenses Loss is Allowed
</description>
</item>
<item>
<title>
NSDL eTDS RPU version 4.4 Java Version 1.2 FVU 4.7 Released
</title>
<pubDate>Wed, 24 Jun 2015 05:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/nsdl-etdstcs-rpu-version-4.4-fvu-4.7-2.143-release-for-q1-fy-2015-16-download.html
</link>
<description>
NSDL eTDS-TCS RPU 4.4 Java Version 1.2 and FVU Version 4.7 2.143 Released
</description>
</item>
<item>
<title>
Simplified ITR1 ITR4S AY 2015-16 Excel Java Software Download
</title>
<pubDate>Wed, 24 Jun 2015 03:50:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/new-simplified-itr1-itr4s-ay-201516-excel-java-based-software-released-download.html
</link>
<description>
New Simplified ITR-1 Sahaj ITR-4S Sugam AY 2015-16 Excel and Java based Software Utility Released for Download at incometax efiling website
</description>
</item>
<item>
<title>
Download New Simplified ITR-4S Sugam AY 2015-16 Key Points
</title>
<pubDate>Tue, 23 Jun 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/new-simplified-itr4s-sugam-ay-201516-presumptive-income-notification-download.html
</link>
<description>
New Simplified ITR-4S Sugam AY 2015-16 Notification and Download. Presumptive Income Tax Return. Key Points. Bank Account Details Required
</description>
</item>
<item>
<title>
Download New Simplified ITR-2A AY 2015-16 Key Points
</title>
<pubDate>Tue, 23 Jun 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/new-itr2a-ay-2015-16-key-points-who-can-file-notification-download.html
</link>
<description>
New ITR-2A AY 2015-16 Notification and Download. Key Points, Who Can File, Key Points. Bank Accounts Details Required, No Foreign Travel Details
</description>
</item>
<item>
<title>
Download New Simplified ITR-2 AY 2015-16 Key Points
</title>
<pubDate>Tue, 23 Jun 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/new-simplified-itr2-ay-2015-16-key-points-download-foreign-asset-income-details.html
</link>
<description>
New Revised and Simplified ITR-2 for AY 2015-16. Key Points, Changes Made, Notification and Download. Foreign Income Asset Bank Details Required
</description>
</item>
<item>
<title>
Download New Simplified ITR-1 Sahaj AY 2015-16 Key Points
</title>
<pubDate>Tue, 23 Jun 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/new-simplified-itr1-sahaj-ay-2015-16-key-points-changes-notification-download.html
</link>
<description>
New Revised Simplified ITR-1 Sahaj for AY 2015-16. Key Points, Changes Made, Notification and Download. Bank Details to be given No Travel Details Required
</description>
</item>
<item>
<title>
CBDT Instruction 05-2015 Standing Counsel Fees Limit Revision
</title>
<pubDate>Tue, 23 Jun 2015 14:20:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-standing-counsels-engagement-fee-revision-clerkage-appearance-drafting.html
</link>
<description>
CBDT Instruction 05-2015 Standing Counsel Engagement Fees Revision. 10 Percent Clerkage of Appearance Drafting Fee Subject to Maximum Rs. 4375
</description>
</item>
<item>
<title>
CBDT Instruction 03-2012 Standing Counsel Engagement Guidelines
</title>
<pubDate>Tue, 23 Jun 2015 14:20:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-instruction-03-2012-standing-counsels-engagement-guidelines-high-court-judicial-forums.html
</link>
<description>
CBDT Instruction 03-2012 Guidelines for Engagement of Standing Counsels to Represent Income-tax Department before High Courts, other Judicial Forums
</description>
</item>
<item>
<title>
Only GP Additions for SB A/c Regular Cash Deposits Withdrawal
</title>
<pubDate>Tue, 23 Jun 2015 11:20:00 GMT</pubDate>
<link>
https://abcaus.in/itat/only-gp-additions-not-69a-for-regular-cash-deposits-withdrawal-in-savings-bank-account.html
</link>
<description>
ITAT-Only Gross Profit Addition justified not Section 69A for Undisclosed Regular Cash Deposits and Withdrawal in SB Account and admitted as Turnover
</description>
</item>
<item>
<title>
Digital Locker Online Storage Authentication of Govt eDocuments
</title>
<pubDate>Tue, 23 Jun 2015 06:20:00 GMT</pubDate>
<link>
https://abcaus.in/digital-locker/online-storage-authentication-govt-issued-physical-edocuments-launch-01072015.html
</link>
<description>
Digital Locker- Forget Physical Documents. Online Storage, Authentication of E-Documents and Secure Access to Govt issued Documents Launch 01-07-2015
</description>
</item>
<item>
<title>
Draft Proposal Tax Rebates for Electronic Payments, Cards Use
</title>
<pubDate>Tue, 23 Jun 2015 03:20:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/draft-proposal-tax-incentives-rebates-using-debit-crdit-card-electronic-payments.html
</link>
<description>
Draft Proposal for Giving Incometax VAT Rebates Deductions for Using Electronic Payments Debit Credit Cards. Last date to share viws 29062015
</description>
</item>
<item>
<title>
ITAT-No TDS deduction U/s 194H Commission to Foreign Agent
</title>
<pubDate>Mon, 22 Jun 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/itat/no-incometax-tds-deduction-194h-commission-paid-to-foreign-nonresident-sales-agent.html
</link>
<description>
ITAT Lucknow-No TDS Deduction required under Section 194H on Commission Payment to Non-Resident Foreign Agent for Procuring Orders
</description>
</item>
<item>
<title>
FinMin-Media Refrain from Speculative News Item on PSB MD CEO
</title>
<pubDate>Mon, 22 Jun 2015 10:36:00 GMT</pubDate>
<link>
https://abcaus.in/finmin/media-refrain-from-speculative-news-item-selction-process-md-ceo-5-public-sector-banks.html
</link>
<description>
FinMin to Media- Refrain from Writing Speculative News Items, Articles on Outcome of Selection Process for MD and CEO of 5 Public Sector Banks
</description>
</item>
<item>
<title>
RBI-Pre-2005 Bank Notes Withdrawal Deadline 30-06-2015-Alert
</title>
<pubDate>Mon, 22 Jun 2015 03:36:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/deadline-for-exchange-withdrawal-of-pre-2005-gandhi-series-mg-bank-notes-30-06-2015.html
</link>
<description>
Alert- RBI Pre-2005 Mahatma Gandhi (MG) Series Bank Notes Deadline for Withdrawal 30-06-2015 is Fast Approaching. FAQ on Pre-2005 Notes
</description>
</item>
<item>
<title>
Cash Basis of Accounting-Common Misconceptions
</title>
<pubDate>Mon, 22 Jun 2015 03:36:00 GMT</pubDate>
<link>
https://abcaus.in/accounting/cash-basis-accounting.html
</link>
<description>
Cash and Accrual Basis of Accounting, Meaning Difference Misconceptions. Application of Matching Concept, Capital Revenue Expenditure, True and Fair View
</description>
</item>
<item>
<title>
CBDT-Addl/Joint CIT Transfers International Taxation Transfer Pricing
</title>
<pubDate>Sat, 20 Jun 2015 07:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-order-transfers-additional-joint-ccommissioners-international-taxation-transfer-pricing.html
</link>
<description>
CBDT Order 89-2015 Transfers of Additional/Joint Commissioners of Income-tax Posted in the Directorates/International Taxation and Transfer Pricing
</description>
</item>
<item>
<title>
SC-Rejects Subrata Roy Bail Application 19-06-2015 Full Judgment
</title>
<pubDate>Sat, 20 Jun 2015 04:30:00 GMT</pubDate>
<link>
https://abcaus.in/sahara/supremecourt-rejects-subrata-roy-bail-application-unprecedented-but-justifiable-order.html
</link>
<description>
Subrata Roy SAHARA Bail Rejected It is the unprecedented situation which has led to passing of unprecedented, but justifiable orders-SC. Full Judgment Download
</description>
</item>
<item>
<title>
MCA-Complaints of Deposits Accepted before Cos Act 2013 Commencement
</title>
<pubDate>Fri, 19 Jun 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/processing-complaints-deposit-repayment-before-commencement-section-74.html
</link>
<description>
MCA Circular- Complaints Processing for Companies Defaults in Deposits Repayment Accepted under Section 74 before Companies Act 2013 Commencement
</description>
</item>
<item>
<title>
CBDT Reminder-CIT/CCIT to issue Appellate Orders within 15 Days
</title>
<pubDate>Fri, 19 Jun 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-ccit-appeals-issue-appellate-orders-within-15-days-from-date-of-last-hearing.html
</link>
<description>
CBDT-CIT/CCIT to issue appellate orders within 15 days of the last hearing as per Instruction 20/2003. This includes orders U/s 80G, 264, 263 Rule 86
</description>
</item>
<item>
<title>
CBDT Instruction 20/2003 Appellate Orders to be within 15 Days
</title>
<pubDate>Fri, 19 Jun 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/cbdt/instruction-20-2003-time-limit-ccit-appeals-issue-appellate-orders-15-days-from-last-hearing.html
</link>
<description>
CBDT Instruction 20-2003. CIT-Appeals/CCIT time limit to issue appellate orders including U/s 80G, 264, 263 Rule 86 is within 15 days of last hearing
</description>
</item>
<item>
<title>
CBDT Approves Setting-up of 58 New Income Tax ASK Centres
</title>
<pubDate>Fri, 19 Jun 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/ask/cbdt-approves-setting-up-of-58-new-ayakar-seva-kendra-during-fy-201516.html
</link>
<description>
CBDT has Approved Setting up of 58 Aayakar Seva Kendra ASK during Financial Year 2015-16. Implementation Committee to identify space at each location
</description>
</item>
<item>
<title>
ITAT-Income Applied to Charitable Purpose is out of Section 68
</title>
<pubDate>Thu, 18 Jun 2015 14:40:00 GMT</pubDate>
<link>
https://abcaus.in/itat/section-68-cash-credits-donations-cannot-be-invoked-for-income-applied-to-charitable-income.html
</link>
<description>
ITAT Lucknow-Once Donation Received taken as income Applied for Charitable Purposes, Provisions of Section 68 Related to Cash Credits Cannot be Invoked
</description>
</item>
<item>
<title>
ITAT Lucknow-Self Assessment Tax Deposit Delay Penalty Deleted
</title>
<pubDate>Thu, 18 Jun 2015 14:40:00 GMT</pubDate>
<link>
https://abcaus.in/itat/lucknow-delay-deposit-self-assessment-tax-due-to-illness-condoned-penalty-221-deleted.html
</link>
<description>
ITAT Lucknow-Delay in Deposit of Self-Assessment Tax Due to Illness of Assessee Condoned and Penalty under Section 221(1)/140(3) Deleted
</description>
</item>
<item>
<title>
ITAT Delhi-In Absence of Party Court Not Bound Hear Reference
</title>
<pubDate>Thu, 18 Jun 2015 14:40:00 GMT</pubDate>
<link>
https://abcaus.in/itat/delhi-in-absence-of-party-court-not-bound-to-answer-incometax-reference-dismissed-appeal.html
</link>
<description>
ITAT Delhi-If the party at whose instance, Reference is made, fails to Appear at Hearing, Court not Bound to Answer the Reference. Appeal Dismissed
</description>
</item>
<item>
<title>
Main Features-New Bureau of Indian Standards (BIS) Bill 2015
</title>
<pubDate>Wed, 17 Jun 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/bis/new-bureau-of-indian-standards-bill-2015-highlights-main-features.html
</link>
<description>
Main Features highlights, Newly Introduced, New BIS 2015, Bureau of Indian Standards Bill 2015, BIS 1986 to be Repealed
</description>
</item>
<item>
<title>
Formation of Two Committees for Implementing GST from 01042016
</title>
<pubDate>Wed, 17 Jun 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/gst/formation-of-two-committees-facilitation-implementation-of-goods-service-tax-from-01042016.html
</link>
<description>
Finance Minister approves the Formation of 2 Committees for Facilitating Implementation of Goods and Services Tax from 01-04-2016
</description>
</item>
<item>
<title>
NSDL eTDS RPU version 4.4 FVU 4.7 Download Quarter-1 FY 2015-16
</title>
<pubDate>Tue, 16 Jun 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/nsdl-etdstcs-rpu-version-4.4-fvu-4.7-2.143-release-for-q1-fy-2015-16-download.html
</link>
<description>
NSDL eTDS-TCS RPU 4.4 FVU Version 4.7 2.143 Download Quarterly Statements from FY 2010-11, 2009-10, Q1 June-2015 FY 2014-15 to be Released on 19-06-2015
</description>
</item>
<item>
<title>
SEBI Circular-Share Based Employee Benefits Regulations 2014
</title>
<pubDate>Tue, 16 Jun 2015 14:30:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/disclosure-requirements-under-sebi-share-based-employee-benefits-regulations-2014.html
</link>
<description>
SEBI Circular-Disclosure Requirements specified under the SEBI (Share Based Employee Benefits) Regulations, 2014
</description>
</item>
<item>
<title>
CBDT Order-Transfers in the Grade of Commissioner Income-tax
</title>
<pubDate>Tue, 16 Jun 2015 08:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-order-transfers-of-361-officers-in-the-grade-of-commissioners-incometax-cit.html
</link>
<description>
CBDT Order 86-2015. Transfers of 361 Officers in the Grade of Commissioners of Income Tax CIT dated 15-06-2015
</description>
</item>
<item>
<title>
CBDT-Transfers in the Grade of Assistant Deputy Commissioner
</title>
<pubDate>Tue, 16 Jun 2015 08:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-order-transfers-in-the-grade-of-assistant-deputy-commissioners-incometax.html
</link>
<description>
CBDT Order 85-2015. Transfers of Fifteen Officers in the Grade of Assistant, Deputy Commissioners of Income Tax dated 15-06-2015
</description>
</item>
<item>
<title>
CBDT Order-Transfers in the Grade of Additional Joint Commissioner
</title>
<pubDate>Tue, 16 Jun 2015 08:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-order-transfers-in-the-grade-of-additional-joint-commissioners-incometax.html
</link>
<description>
CBDT Order 84-2015. Transfers of Eight Officers in the Grade of Additional, Joint Commissioners of Income Tax dated 15-06-2015
</description>
</item>
<item>
<title>
CBDT Order-Transfers of 240 Officers in the Grade of PCIT
</title>
<pubDate>Tue, 16 Jun 2015 08:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-order-transfers-in-the-grade-of-principal-commissioners-incometax-pcit.html
</link>
<description>
CBDT Order 83-2015. Transfers of 240 Officers in the Grade of Principal Commissioners of Income Tax dated 15-06-2015
</description>
</item>
<item>
<title>
CAG-Contractual Hiring Chartered Accountants as Audit Officers
</title>
<pubDate>Tue, 16 Jun 2015 07:20:00 GMT</pubDate>
<link>
https://abcaus.in/cag/hiring-chartered-accountants-audit-officers-contract-basis-last-date-to-apply-26062015.html
</link>
<description>
CAG India-Hiring of Chartered Accountants on Short Term Contract Basis as Assistant Audit Officers Last Date to Apply: 26-06-2015
</description>
</item>
<item>
<title>
ICAI Invites Suggestions on CSR Activities by CAs CA Firms
</title>
<pubDate>Sat, 13 Jun 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/csr-activities-by-chartered-accountants-cas-firms-suggestions-invitation.html
</link>
<description>
ICAI-Invitation and Request for suggestions from members at large on the various CSR activities that can be undertaken by them as CAs CA Firms
</description>
</item>
<item>
<title>
234E Late Fee Demand us 200A Prior 01-06-2015 Impermissible-ITAT Amritsar
</title>
<pubDate>Sat, 13 Jun 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/234e-late-fee-section-200a-no-enabling-provision-to-raise-demand-before-01062015.html
</link>
<description>
ITAT Amritsar-Raising of Demand u/s 200A for Late Fee u/s 234E Not Permissible before 01-06-2015 for Want of Enabling Provisions amended by Finance Act 2015
</description>
</item>
<item>
<title>
New Form CRA2 CRA4-Cost Records and Audit Rules Amendment
</title>
<pubDate>Sat, 13 Jun 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/revised-new-form-cra2-cra4-cost-records-and-audit-rules-amendment.html
</link>
<description>
Revised Intimation of Appointment of Cost Auditor Form CRA2 and Form CRA4 for Filing Cost Audit Report with the Central Government
</description>
</item>
<item>
<title>
Extension of Time Limit Filing Cost Audit Appointment CRA2 CRA4
</title>
<pubDate>Sat, 13 Jun 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/extension-time-limit-filing-cost-audit-appointment-notice-cra2-report-cra4.html
</link>
<description>
Extension of Time Limit-Filing Notice of Cost Auditor Appointment FY 2015-16 Form CRA-2 and Cost Audit Report to Central Govt. FY 2014-15 Form CRA-4
</description>
</item>
<item>
<title>
Revised Train Ticket Booking Tatkal Scheme New Timings AC Non-AC
</title>
<pubDate>Fri, 12 Jun 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/tatkal/revised-train-ricket-tatkal-booking-scheme-new-timings-refund-percentage-from-15062015.html
</link>
<description>
Revised Train Ticket Booking Tatkal Scheme New Timings for AC Non AC Tickets and Refund Percentage from 15-06-2015
</description>
</item>
<item>
<title>
RBI-Additional Documents for Address Proof Relaxation for Banks
</title>
<pubDate>Fri, 12 Jun 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/additional-documents-for-proof-of-address-relaxation-for-banks-under-amended-pml-rules.html
</link>
<description>
RBI-Additional Documents for the Purpose of Proof of Address, Relaxation under Simplified Measures of Amended Prevention of Money Laundering Rules
</description>
</item>
<item>
<title>
RBI-Non Resident Indians NRIs Chit Funds Subscription Allowed
</title>
<pubDate>Fri, 12 Jun 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/susbscription-to-chit-fund-companies-firms-by-nris-allowed-on-non-repatriation-basis.html
</link>
<description>
RBI-Subscription to Chit Funds Companies, Firms etc. allowed by Non-Resident Indian (NRIs) on Non-Repatriation Basis
</description>
</item>
<item>
<title>
CBDT Order-ITR Filing Due Date Extension AY 2015-16 31-08-2015
</title>
<pubDate>Thu, 11 Jun 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-order-itr-filing-due-date-ay-201516-extension-from-31072015-to-31082015.html
</link>
<description>
CBDT Order u/s 119 dated 10-06-2015 for Extension of Due Date for Income-tax Return Filing for AY 2015-16 from 31-07-2015 to 31-08-2015
</description>
</item>
<item>
<title>
CBDT-Wealth-tax Refund on Urban Land Classified as Agricultural
</title>
<pubDate>Thu, 11 Jun 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/wealth-tax-refund-revision-application-time-limit-urban-land-classified-agricultural.html
</link>
<description>
CBDT Circular 11-2015-Revision Application Time Limit under section 25 for Refund of Wealth-tax on Urban Land Classified Agricultural in Revenue Records
</description>
</item>
<item>
<title>
CBDT Clarification FAQ-Rollback of Advance Pricing Agreement
</title>
<pubDate>Thu, 11 Jun 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-circular-10-2015-clarification-rollback-of-advance-pricing-agreement-apa-faq.html
</link>
<description>
CBDT Circular 10-2015. Clarifications and FAQ on Rollback Provisions of Advance Pricing Agreement APA Scheme under Income-tax Section 92CC Rule 10MA 10RA
</description>
</item>
<item>
<title>
Negotiable Instruments Amendment Ordinance 2015-Section 138 Jurisdiction
</title>
<pubDate>Wed, 10 Jun 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/finmin/negotiable-instrument-amendment-ordinace-2015-jurisdiction-offences-under-section-138.html
</link>
<description>
Promulgation of the Negotiable Instruments Amendment Ordinance 2015 to clarify Jurisdiction Related Issues for Filing Cases for Offence under Section 138
</description>
</item>
<item>
<title>
CBEC-Common Adjudicating Authority Appointment-DRI Cases Investigation
</title>
<pubDate>Tue, 09 Jun 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/excise/cbec-guidelines-appointment-common-adjudicating-authority-cases-investigated-by-dri.html
</link>
<description>
CBEC Circular 18-2015-Appointment of common adjudicating authority in cases investigated by DRI to be handled by Principal DG- guidelines
</description>
</item>
<item>
<title>
Delay Condonation-Claim of Refund, Losses Carry Forward us 119(2)(b)
</title>
<pubDate>Tue, 09 Jun 2015 10:40:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-guidelines-procedures-condonation-delay-claim-refund-carry-forward-losses-section-1192b.html
</link>
<description>
CBDT Circular-9-2015 Guidelines, Procedure for Delay Condonation in Filing Claim of Refund/Carry Forward of Losses under Section 119(2)(b) Income-tax Act
</description>
</item>
<item>
<title>
RBI Debt Restructuring Scheme-Conversion into Equity Shares
</title>
<pubDate>Tue, 09 Jun 2015 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/debt-restructuring-scheme-conversion-of-loan-due-to-equity-shares.html
</link>
<description>
RBI Strategic Debt Restructuring Scheme-Joint Lenders Forum JLF and Corporate Debt Restructuring Cell CDR to Convert Loan Dues to Equity Shares
</description>
</item>
<item>
<title>
New Identity Verification Guidelines for DSC Issuance from July-15
</title>
<pubDate>Mon, 08 Jun 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/digital-signature/cca-new-identity-verification-guidelines-for-issuance-dscs-from-01072015.html
</link>
<description>
Controller of Certifying Authorities New Identity Verification Guidelines Version 1.00 for Issuance of Digital Signatures DSCs from 01-07-2015
</description>
</item>
<item>
<title>
NPS Exit Withdrawals Regulations-Purpose Limits Frequency Conditions
</title>
<pubDate>Mon, 08 Jun 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/pfrda/exit-withdrawals-national-pension-system-regulations-conditions-purpose-frequency-limits.html
</link>
<description>
PFRDA-Exits Withdrawals under National Pension System Regulations 2015. Conditions Purpose Frequency withdrawals Limits from Subscribers Pension account
</description>
</item>
<item>
<title>
Financial Redress Agency Constituted for Consumers Complaints
</title>
<pubDate>Mon, 08 Jun 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/finmin/financial-redress-agency-setup-for-consumers-complaints-against-all-financial-service-providers.html
</link>
<description>
Financial Redress Agency FRA has been Setup to handle Large Number of Low Value Complaints of Financial Consumers against all Financial Service Providers
</description>
</item>
<item>
<title>
Notification-Exemptions to Nidhi Companies from Cos Act 2013 Provisions
</title>
<pubDate>Sat, 06 Jun 2015 14:30:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/exemptions-to-nidhi-companies-section-wise-provisions-mca-notification.html
</link>
<description>
MCA Notification 05-06-2015. Exemptions, to Nidhi Companies from Provisions of the Companies Act, 2013
</description>
</item>
<item>
<title>
Notification-Exemptions to Government Companies from Cos Act 2013
</title>
<pubDate>Sat, 06 Jun 2015 14:30:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/exemptions-to-government-companies-section-wise-provisions-mca-notification.html
</link>
<description>
MCA Notification 05-06-2015. Exemptions to Government Companies from Provisions of the Companies Act, 2013.
</description>
</item>
<item>
<title>
Notification-Exemptions to Section 8 Companies from Cos Act 2013
</title>
<pubDate>Sat, 06 Jun 2015 12:30:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/exemptions-to-section8-license-charitable-objects-companies-mca-notification.html
</link>
<description>
MCA Notification 05-06-2015. Exemptions, to Section 8 Licensed Companies with Charitable Objects from Provisions of the Companies Act, 2013
</description>
</item>
<item>
<title>
Notification-Exemptions to Private Companies from Cos Act 2013
</title>
<pubDate>Sat, 06 Jun 2015 12:30:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/exemptions-to-private-companies-section-wise-provisions-mca-notification.html
</link>
<description>
MCA Notification 05-06-2015. Exemptions, to Private Companies from Provisions of the Companies Act, 2013. Related Party Tranzactions, Loans, Deposits, Meetings, Auditors etc.
</description>
</item>
<item>
<title>
CBDT-Expeditious Disposal of Rectification Application during FY 2015-16
</title>
<pubDate>Fri, 05 Jun 2015 14:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-expeditious-disposal-rectification-application-section-154-during-fy-2015-16.html
</link>
<description>
CBDT-Expeditious Disposal of Income-tax Rectification Application under Section 154 during FY 2015-16.Registers to be maintained as per SoP Prescribed
</description>
</item>
<item>
<title>
Govt Constitutes Companies Law Committee on Cos Act 2013
</title>
<pubDate>Fri, 05 Jun 2015 09:40:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/constitution-of-companies-law-committee-csr-bankruptcy-law-commission.html
</link>
<description>
Government Constitutes Companies Law Committee on Issues related to Implementation of Companies Act, 2013, Bankruptcy Law Reforms, CSR, Law Commission
</description>
</item>
<item>
<title>
Concurrent Auditor to submit LFAR in Un-audited Bank Branches
</title>
<pubDate>Thu, 04 Jun 2015 13:30:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/un-audited-bank-branches-concurrent-auditor-to-submit-lfar-report-to-chairman-only.html
</link>
<description>
RBI- In Bank Branches below Statutory Audit Cut-off Point, Long Form Audit Report LFAR will now be submitted by Concurrent Auditors to the Chairman Only
</description>
</item>
<item>
<title>
Service Tax-No Change in Abatement Rate on AC Restaurants
</title>
<pubDate>Thu, 04 Jun 2015 04:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/clarification-no-change-in-abatement-rate-restaurants-air-conditioned-central-heating.html
</link>
<description>
Service Tax Circular-184/2015-Clarification-No Change in Service Tax Abatement Rate of 40% for Restaurants with Air-Conditioning or Central Air-Heating
</description>
</item>
<item>
<title>
DTAA India Denmark-Information held by Bank or Financial Institutions
</title>
<pubDate>Wed, 03 Jun 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/dtaa-amendment-india-denmark-information-with-bank-financial-institutions-not-be-declined.html
</link>
<description>
DTAA Amendment Between India and Denmark. Supply of Information Not to be Declined Solely Because it is Held by a Bank, Other Financial Institution
</description>
</item>
<item>
<title>
India Joins MCAA for Information on Tax Evasion, Black Money
</title>
<pubDate>Wed, 03 Jun 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/india-joined-multilateral-competent-authority-agreement-to-prevent-black-money.html
</link>
<description>
India joins Multilateral Competent Authority Agreement MCAA to Prevent tax evasion, get information about assets held abroad and deal with black money
</description>
</item>
<item>
<title>
RBI Survey Results-Indian Rupee Expected to Fall 66 per USD
</title>
<pubDate>Wed, 03 Jun 2015 13:25:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/macroeconomic-survey-results-indian-rupee-expected-to-fall-rs-66-per-usd-q1-2016-17.html
</link>
<description>
RBI-Professional Forecasters on Macroeconomic Indicators Round 34 Survey Results. Indian Rupee Expected to Depreciate Rs 66 per USD in Q1 2016-17
</description>
</item>
<item>
<title>
RBI-Liberalised Remittance Scheme-Limit increased USD 250000
</title>
<pubDate>Tue, 02 Jun 2015 07:20:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/liberalised-remittance-scheme/LRS-limit-resident-individual-increased-usd-250000.html
</link>
<description>
RBI Liberalised Remittance Scheme-Resident Individual Limit increased to USD 250000 Per Financial Year
</description>
</item>
<item>
<title>
Increase in PAN TAN Application Fee from 01-06-2015-NSDL
</title>
<pubDate>Mon, 01 Jun 2015 18:20:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/increase-in-pan-tan-fee-from-01-06-2015-for-increased-service-tax-rate-nsdl.html
</link>
<description>
Increase in Permanent Account Number PAN Tax Deduction Account Number TAN Application Fee from 01-06-2015 Due to Increase in Service Tax-NSDL
</description>
</item>
<item>
<title>
RBI Guidelines-Compensation Non Executive Directors Private Sector Bank
</title>
<pubDate>Mon, 01 Jun 2015 17:50:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/guidelines-compensation-sitting-fee-expenses-non-executive-directors-private-sector-bank.html
</link>
<description>
RBI- Guidelines on Compensation, Sitting Fee, Reimbursement of Expenses of Non-executive Professional Directors of Private Sector Banks
</description>
</item>
<item>
<title>
Companies Amendment Act 2015 Section 1-12 and 15-23 Effective from 29-05-2015
</title>
<pubDate>Mon, 01 Jun 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/cos-amendment-act-2015-section-1-12-15-23-effeective-from-29052015.html
</link>
<description>
MCA Notification-Companies Amendment Act 2015, Section 1 to 12 and 15 to 23 to Come into Force With effect from 29-05-2015
</description>
</item>
<item>
<title>
Signing of Share Certificates-Company without Common Seal
</title>
<pubDate>Mon, 01 Jun 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/share-certificates-signing-for-a-company-opc-not-having-common-seal.html
</link>
<description>
MCA Notification-Authorised Signatories for issue of Share Certificates of Companies, One Person Company which does not have a Common Seal
</description>
</item>
<item>
<title>
Cos allowed Declare, Pay Dividend before Setoff of Losses Depreciation
</title>
<pubDate>Mon, 01 Jun 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/declaration-payment-dividend-before-set-off-losses-depreciation-allowed.html
</link>
<description>
MCA Notification-Companies allowed to Declare, Pay Dividend before Setoff of Losses and Depreciation from Current Years Profit. Amendment to Rule 3(5)
</description>
</item>
<item>
<title>
New INC-13, INC-16 Commencement Declaration INC-21 Omitted
</title>
<pubDate>Mon, 01 Jun 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/new-inc13-memorandum-inc16-commencement-declaration-inc-21-deleted.html
</link>
<description>
MCA Notification-Company Incorporation Rules Amendment. New Form INC-13 Memorandum, INC-16 Section 8 License, Commencement Declaration INC-21 Omitted
</description>
</item>
<item>
<title>
New ITR 1 2 2A 4S Simplified-Due date Extension 31-08-2015
</title>
<pubDate>Sun, 31 May 2015 14:50:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/new-itr-1-2-2a-4s-simplified-ay-2015-16-itr-filing-due-date-extension-31-08-2015.html
</link>
<description>
Income Tax Forms ITR 1 2 4S Simplified. New ITR 2A. Return Filing Due Date AY 2015-16 Extended to 31.08.2015 Passport No. required in ITR-2, 2A
</description>
</item>
<item>
<title>
Black Money Act 2015- Amnesty Voluntary Disclosure Scheme VDS
</title>
<pubDate>Sun, 31 May 2015 09:00:00 GMT</pubDate>
<link>
https://abcaus.in/black-money-act-2015/amnesty-voluntary-disclosure-scheme-vds-provisions.html
</link>
<description>
The Black Money Undisclosed Foreign Income and Assets and Imposition of Tax Act 2015. Amnesty, Voluntary Disclosure Scheme VDS Provisions
</description>
</item>
<item>
<title>
The Black Money Act 2015- Key Highlights Penalties Prosecution
</title>
<pubDate>Sun, 31 May 2015 09:00:00 GMT</pubDate>
<link>
https://abcaus.in/black-money-act-2015/key-highlights-features-penalties-prosecutions-bill.html
</link>
<description>
The Black Money Undisclosed Foreign Income and Assets and Imposition of Tax Act, 2015. Key Highlights, Penalties and Prosecution Provisions
</description>
</item>
<item>
<title>
Download The Black Money Act President Assented Bill 26-05-2015
</title>
<pubDate>Sun, 31 May 2015 09:00:00 GMT</pubDate>
<link>
https://abcaus.in/black-money-act-2015/download-the-bill-as-assented-by-president-26-05-2015.html
</link>
<description>
Indian Black Money Undisclosed Foreign Income and Assets and Imposition of Tax Act 2015 Download. The Bill was assented by President on 26-05-2015
</description>
</item>
<item>
<title>
No TDS if DTAA Provisions Provide for Taxation out of India
</title>
<pubDate>Sat, 30 May 2015 07:20:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-tds-deduction-as-professional-services-fee-if-dtaa-provides-taxation-out-of-india.html
</link>
<description>
Delhi HC-If DTAA Provisions Provide Taxation of Income out of India, the Question of Deduction of TDS as Professional Services u/s 9(1)(vii) Irrelevant
</description>
</item>
<item>
<title>
ICAI Advisory-Deceptively Similar looking Duplicate Website
</title>
<pubDate>Sat, 30 May 2015 03:20:00 GMT</pubDate>
<link>
https://abcaus.in/icai/advisory-warning-deceptive-duplicate-website-similar-to-icai-official-page-icai-org.html
</link>
<description>
ICAI warns its Members, Students, public at large about website icaindia.net.in which is deceptively similar to ICAI official website in design and look
</description>
</item>
<item>
<title>
RBI FAQ on NBFCs for benefit of Chartered Accountants etc.
</title>
<pubDate>Fri, 29 May 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/faq-on-nbfcs-clarification-for-benefit-of-chartered-accountants-public-rating-agencies.html
</link>
<description>
RBI Latest FAQ on NBFCs. Clarification on Operational Matters for the Benefit of Members of Public, Rating Agencies, Chartered Accountants etc
</description>
</item>
<item>
<title>
Framework for Revival and Rehabilitation of MSMEs-Notification
</title>
<pubDate>Fri, 29 May 2015 13:50:00 GMT</pubDate>
<link>
https://abcaus.in/msmes/framework-for-revival-and-rehabilitation-ministry-notification-29-05-2015.html
</link>
<description>
Ministry of Micro, Small and Medium Enterprises-Framework for Revival and Rehabilitation of MSMEs Notification dated 29-05-2015
</description>
</item>
<item>
<title>
Payments to Foreign Co for Overhauling parts outside not taxable in India
</title>
<pubDate>Wed, 27 May 2015 17:20:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/delhi-hc-payments-overhaul-parts-aircraft-wet-lease-not-income-accrue-india.html
</link>
<description>
Delhi HC-Payments for Components/parts Overhauling/Repair under Wet-leased Aircraft outside India is not income deemed to accrue or arise in India
</description>
</item>
<item>
<title>
RBI invites Application for Consultant Contractual Empanelment
</title>
<pubDate>Wed, 27 May 2015 12:40:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/invitation-application-financial-market-professionals-consultant-contractual-basis-empanelment.html
</link>
<description>
RBI invites Applications from Financial Market Professionals to be Empanelled as Consultants on Contractual Basis. Last Date 11-05-2015
</description>
</item>
<item>
<title>
Rough Diamonds Import Trading Re-export-Bharat Diamond Bourse
</title>
<pubDate>Wed, 27 May 2015 12:40:00 GMT</pubDate>
<link>
https://abcaus.in/custom/import-trading-re-export-rough-diamonds-bharat-diamond-bourse-bandra-kurla-mumbai.html
</link>
<description>
Custom Circular-Import, Trading, Re-export of Rough Diamonds by Notified Entities in Bharat Diamond Bourse, Bandra Kurla Cargo Complex, Mumbai
</description>
</item>
<item>
<title>
High Level Direct Tax Committee Invites Suggestions-MAT on FIIs
</title>
<pubDate>Tue, 26 May 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/high-level-committee-direct-tax-invites-suggestions-representations-on-mat-on-fiis.html
</link>
<description>
Direct Taxes Committee Headed by Justice A.P. Shah Invites Suggestions and Representations on the Matter Relating to MAT on FIIS
</description>
</item>
<item>
<title>
Honest Tax Payers should not afraid of The Black Money Bill-Finmin
</title>
<pubDate>Mon, 25 May 2015 13:55:00 GMT</pubDate>
<link>
https://abcaus.in/finance-ministry/honest-taxpayers-should-not-be-afraid-of-the-black-money-bill.html
</link>
<description>
Finance Minister- Honest Tax Payers should not be afraid of The Black Money Bill which is targeted against those who have stalked illegal assets abroad
</description>
</item>
<item>
<title>
India imposes Anti Dumping Duty on Chinese/Taipei USB Flash Drives
</title>
<pubDate>Mon, 25 May 2015 13:43:00 GMT</pubDate>
<link>
https://abcaus.in/cbec/imposition-of-anti-dumping-duty-on-chinese-taipei-usb-flash-drives-by-indian-govt.html
</link>
<description>
CBEC Notification 22/2015 dated 22-05-2015. Indian Government imposes Anti Dumping Duty on Chinese/Taipei USB Flash Drives for Five Years
</description>
</item>
<item>
<title>
ICAI Warns Strict Action on Sending Malicious Misleading Emails
</title>
<pubDate>Mon, 25 May 2015 05:11:00 GMT</pubDate>
<link>
https://abcaus.in/icai/strict-action-sending-malicious-false-emails-misleading-defamatory-statements.html
</link>
<description>
ICAI advise Members Desist from Sending Malicious Emails Spreading False, Misleading, Defamatory Statements against the Institute. Warns of Strict Action
</description>
</item>
<item>
<title>
EPFO-TDS to be Deducted on PF Balance Withdrawal 01-06-2015
</title>
<pubDate>Sun, 24 May 2015 13:30:00 GMT</pubDate>
<link>
https://abcaus.in/epfo-circular/tds-deduction-on-pf-accumulated-balance-payment-withdrawals-from-01-06-2015.html
</link>
<description>
EPFO Circular-TDS to be Deducted on Withdrawal/payment of Accumulated Balance of PF Due to Employee from 01-06-2015. No TDS if Form 15G or 15H is given
</description>
</item>
<item>
<title>
High Level Committee Constitution on levy of MAT on FIIs
</title>
<pubDate>Fri, 22 May 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/constitution-of-high-level-committee-levy-mat-on-fiis-prior-01-04-2015.html
</link>
<description>
Constitution of High Level Committee to look into the matter relating to levy of MAT on FIIs for the period prior to 01-04-2015 and other direct tax matters
</description>
</item>
<item>
<title>
Draft Scheme Proposed Rules for Arm\x92s Length Price Computation
</title>
<pubDate>Fri, 22 May 2015 10:20:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/draft-scheme-proposed-rules-computation-of-arms-length-price.html
</link>
<description>
Draft Scheme of Proposed Rules for Computation of Arm\x92s Length Price ALP of International or Specified Domestic Transaction on or after 01-04-2014
</description>
</item>
<item>
<title>
Excel Depreciation Calculator Cos Act 2013 for Double Triple Shift
</title>
<pubDate>Fri, 22 May 2015 09:40:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/excel-depreciation-calculator-double-triple-shift-rates-companies-act-2013.html
</link>
<description>
Excel Format Depreciation Calculator for Single or Extra, Double Triple Shift Basis and WDV SLM Method under Companies Act, 2013 Schedule-II Download
</description>
</item>
<item>
<title>
FDI Policy-Investments by NRI, Indian Origin Persons, Overseas Citizens
</title>
<pubDate>Thu, 21 May 2015 13:30:00 GMT</pubDate>
<link>
https://abcaus.in/fdi/policy-review-investment-by-nris-indian-origins-persons-overseas-citizens-cardholders.html
</link>
<description>
Review of Foreign Direct Investment (FDI) Policy on investments by NRIs, Persons of Indian Origin (PIOs) and Overseas Citizens of India (OCIs)
</description>
</item>
<item>
<title>
Excel Depreciation Calulator-Cos Act 2013 Year Fraction Method V-11.00
</title>
<pubDate>Thu, 21 May 2015 13:14:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/excel-depreciation-calculator-companies-act-2013-scheduleii-download.html
</link>
<description>
Excel Depreciation calculator Under Companies Act, 2013 Version 11.00 taking Year Fractions (months) also into account
</description>
</item>
<item>
<title>
Meaning of Owner-Section 194C(6) Transporter TDS Declaration
</title>
<pubDate>Thu, 21 May 2015 07:40:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/meaning-owner-registered-possession-section-194c6-transporter-tds-declaration.html
</link>
<description>
Owner Meaning under Section 194c(6). Is it Registered Owner or Beneficial Owner in Possession. Income tax Similar Provisions and Supreme Court Rulings
</description>
</item>
<item>
<title>
Draft Gold Monetization Scheme-Melting of Gold Jewellery a Must
</title>
<pubDate>Wed, 20 May 2015 17:54:00 GMT</pubDate>
<link>
https://abcaus.in/draft-gold-monetization-scheme/consent-for-melting-gold-jewellery-compulsory-for-purity-test.html
</link>
<description>
Draft Gold Monetization Scheme-Customer\x92s Consent for Melting Gold Jewellery for Purity Test is Compulsory before Opening of Gold Savings Account
</description>
</item>
<item>
<title>
Service-tax Various Provisions Effective from 01-06-2015
</title>
<pubDate>Wed, 20 May 2015 06:30:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/circular-various-provisions-changes-service-tax-becoming-effective-from-01-06-2015.html
</link>
<description>
Service Tax Circular dated 19-05-2015. Various Changes/Provisions that will become effective from Notification Date 01-06-2015
</description>
</item>
<item>
<title>
Notification-Increased Service Tax Abatement Rates from 01-06-2015
</title>
<pubDate>Wed, 20 May 2015 06:20:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/notification-increased-rate-travel-insurance-agent-lottery-foreign-currency-from-01-06-2015.html
</link>
<description>
Notification-15/2015. Increased Service Tax Abatement Rates for Travel, Insurance Agent, Foreign Currency Sale, Lottery from 01-06-2015
</description>
</item>
<item>
<title>
Notification-Service Tax Rate 14% Applicable from 01-06-2015
</title>
<pubDate>Wed, 20 May 2015 03:20:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/notification-14-2015-increased-service-tax-rate-14-percent-is-applicable-from-01-06-2015.html
</link>
<description>
Notification-14/2015. Increased Service Tax Rate of 14% is Applicable with effect from 01-06-2015
</description>
</item>
<item>
<title>
CBDT-Transfer Posting DGIT CCIT Lucknow, Delhi and Kanpur
</title>
<pubDate>Tue, 19 May 2015 17:45:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-order-transfer-postings-dgit-ccit-lucknow-delhi-kanpur-19-05-2015.html
</link>
<description>
CBDT Order 69-2015. Transfer, Posting in the grade of DGIT/CCIT, Lucknow, Delhi and Kanpur 19-05-2015
</description>
</item>
<item>
<title>
Delhi HC-ITAT Can Grant Stay Beyond 365 Days Proviso Unconstitutional
</title>
<pubDate>Tue, 19 May 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itat-can-grant-stay-beyond-365-days-proviso-2542a-violative-unconstitution-delhi-hc.html
</link>
<description>
Delhi High Court-ITAT Can Grant Stay beyond 365 Days. Third Proviso Section 254(2A) Struck Down being Un-Constitutional and Violative of Article 14
</description>
</item>
<item>
<title>
CBDT-Transfer of 104 Deputy Assistant Commissioner Incometax
</title>
<pubDate>Tue, 19 May 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-order-transfer-list-of-104-deputy-assistant-commissioners-19-05-2015.html
</link>
<description>
CBDT Order 67-2015. List of 104 Number of Deputy/Assistant Commissioner of Income Tax Transferred wef 19-05-2015
</description>
</item>
<item>
<title>
Issue of Bonds for Interest not actual payment u/s 43B-Delhi HC
</title>
<pubDate>Tue, 19 May 2015 07:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/issue-of-bonds-in-lieu-of-interest-not-actual-payment-under-section-43b-delhi-high-court.html
</link>
<description>
Delhi High Court-Issue of Bonds in lieu of Overdue Interest do not amount to actual payment as per Explanation 3C of Section 43B of Income-tax Act 1961
</description>
</item>
<item>
<title>
29 RBI Authorised Banks to Receive Income-tax Dues Payment
</title>
<pubDate>Mon, 18 May 2015 13:50:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/list-of-29-rbi-authorised-banks-to-receive-income-tax-dues-payment.html
</link>
<description>
RBI-List of Twenty Nine Banks Authorised to Receive Payment of Income Tax Dues. Press Release dated 18-05-2015
</description>
</item>
<item>
<title>
Zonal charge distribution amongost CBDT Members wef 18-05-2015
</title>
<pubDate>Mon, 18 May 2015 10:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdtmemberszonedistribution.html
</link>
<description>
CBDT Order-Distribution of Zones amongst the Members of CBDT with effect from 18-05-2015
</description>
</item>
<item>
<title>
Excel Depreciation Calculator to know Opening WDV from Additions
</title>
<pubDate>Sun, 17 May 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/excel-depreciation-calculation-auto-opening-wdv-01-04-2014-from-additions-date.html
</link>
<description>
Excel Depreciation Calculation under Companies Act 2013. Get Opening WDV as on 01-04-2014 from the Dates of Additions Automatically
</description>
</item>
<item>
<title>
ICAI Bank Concurrent Audit Limit 4 Per Member Year 01-01-2016
</title>
<pubDate>Sat, 16 May 2015 11:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/bank-concurrent-audit-limit-4-audit-per-member-per-year-partner-proprietor-wef-01012016.html
</link>
<description>
ICAI Fixes Bank Concurrent Audit Limit by Chartered Accountants at 4 Audits per Member Per Year w.e.f. 01-01-2016. Partnership, Proprietorship not clarified
</description>
</item>
<item>
<title>
ICAI Guidance Note-Accounting for CSR Expenditure Activities
</title>
<pubDate>Fri, 15 May 2015 15:18:00 GMT</pubDate>
<link>
https://abcaus.in/icai/guidance-note-on-accounting-for-expenditure-on-csr-activities.html
</link>
<description>
ICAI Guidance Note-Accounting for Expenditure on Corporate Social Responsibility Activities under section 135 Companies Act, 2013. Disclosure, Presentation
</description>
</item>
<item>
<title>
CBDT- ITD SOP for Taxpayer Online Income-Tax Demand Response
</title>
<pubDate>Thu, 14 May 2015 19:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/sop-online-tax-demand-arrear-response-by-taxpayer-action-by-itd-aos.html
</link>
<description>
CBDT Circular 08/2015. Taxpayer online Income-tax Arrear Demand Response Verification, Correctness. SOP, Action to be Taken by Assessing Officers
</description>
</item>
<item>
<title>
SC-Income Tax Search Seizure Reasons Disclosure to Assessee
</title>
<pubDate>Wed, 13 May 2015 18:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/reasons-satisfaction-recorded-for-search-disclosure-to-assessee-after-completion.html
</link>
<description>
Supreme Court-Reasons,Belief Recorded for Income Tax Search to be disclosed to Assessee only during Assessment Proceedings after Search/Seizure Completed
</description>
</item>
<item>
<title>
Allahabad HC to RBI-Hear HCBL Bank, Pass Order in 2 Weeks
</title>
<pubDate>Tue, 12 May 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/hcbl-bank-allahabad-high-court-order-to-give-opportunity-pass-order-in-two-weeks.html
</link>
<description>
Allahabad High Court Lucknow Bench has directed RBI to give opportunity of hearing to HCBL Bank and pass an order on ban within 2 weeks from 11-05-2015
</description>
</item>
<item>
<title>
Income Tax-High Value Transactions, Non Filer Monitoring NMS
</title>
<pubDate>Tue, 12 May 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/high-value-transactions-tracking-non-filer-monitoring-system-nms-additional-tax-new-returns.html
</link>
<description>
High Value Transactions Tracking and Non-Filer Monitoring System (NMS) by Income Tax Department. Rs. 4733.61 Crore Collected, 30,68,662 New Returns Filed
</description>
</item>
<item>
<title>
RBI-Public, Private Banks to appoint Internal Ombudsman
</title>
<pubDate>Mon, 11 May 2015 18:08:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/public-private-sector-banks-to-appoint-internal-ombudsman-chief-customer-service-officer.html
</link>
<description>
RBI- All public sector banks, some private sector and foreign banks to appoint Internal Ombudsman to be designated as Chief Customer Service Officer CCSO
</description>
</item>
<item>
<title>
SEBI-Insider Trading Regulations Prohibition 2015 Disclosures
</title>
<pubDate>Mon, 11 May 2015 18:08:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/circular-disclosures-under-sebi-prohibition-of-insider-trading-regulations-2015.html
</link>
<description>
SEBI Circular on Various Disclosures under SEBI (Prohibition of Insider Trading) Regulations, 2015
</description>
</item>
<item>
<title>
CBDT-MAT Recovery, Assessment Notices to FIIs Suspended
</title>
<pubDate>Mon, 11 May 2015 16:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-coercive-action-mat-recovery-foreign-companies-assessment-notices-put-on-hold.html
</link>
<description>
CBDT- No coercive action for recovery of demand raised under MAT provisions for foreign companies. Issues of fresh notices, Assessment put on hold
</description>
</item>
<item>
<title>
Excel Depreciation Calculator Cos Act 2013 SLM or WDV Method V-10
</title>
<pubDate>Sun, 10 May 2015 13:25:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/excel-depreciation-calculator-companies-act-2013-scheduleii-download.html
</link>
<description>
Excel Auto Depreciation Calculator under Companies Act 2013 as per Schedule-II Download. Version 10 supports both SLM or WDV Method
</description>
</item>
<item>
<title>
He Must Not be Punished for Being Salman Khan?
</title>
<pubDate>Fri, 08 May 2015 14:45:00 GMT</pubDate>
<link>
https://abcaus.in/salman-khan/suspension-5-years-jail-custody-hit-run-case-bombay-high-court-full-judgment.html
</link>
<description>
Bombay HC-When Appeal is Admitted Indicating Trial Court Judgment Would be Examined, it is Unreasonable to Detain Appellant in Custody
</description>
</item>
<item>
<title>
Excel Depreciation Calculator Cos Act 2013 Version 8.00
</title>
<pubDate>Thu, 07 May 2015 16:26:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/excel-depreciation-calculator-companies-act-2013-scheduleii-download.html
</link>
<description>
Excel Auto Depreciation Calculator under Companies Act 2013 Version 8.00 as per Schedule-II Download
</description>
</item>
<item>
<title>
Clarification-Cenvat Credit in transit sale through dealer
</title>
<pubDate>Wed, 06 May 2015 10:24:00 GMT</pubDate>
<link>
https://abcaus.in/central-excise/clarification-cenvat-credit-transit-sale-through-dealer-direct-dispatch-cenvatable-invoice.html
</link>
<description>
Clarification Regarding Cenvat Credit in Transit Sale through Dealer- Direct Dispatch of goods from Manufacturer to Consignee with Cenvatable Invoice
</description>
</item>
<item>
<title>
SC-CF Agent Service Tax Liability on Operations not Liaisoning
</title>
<pubDate>Tue, 05 May 2015 16:50:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/sc-cf-agents-service-tax-liability-on-clearing-forwarding-operations-not-liaisoning.html
</link>
<description>
SC-CF Agents Service Tax Liability is on providing any service connected with Clearing and Forwarding Operations not merely Supervising and Liaisoning
</description>
</item>
<item>
<title>
Pradhan Mantri Bima Suraksha Yojna-PMSBY Rules Schemes Faq
</title>
<pubDate>Tue, 05 May 2015 16:50:00 GMT</pubDate>
<link>
https://abcaus.in/pmsby/pradhan-mantri-bima-suraksha-yojna-eligibility-premium-rules-schemes-faq.html
</link>
<description>
Pradhan Mantri Bima Suraksha Yojna-PMSBY Benefits, Eligibility, Coverage, Insured Amount, Premium, Period, Rules, Schemes and Faq
</description>
</item>
<item>
<title>
Company Incorporation Process-Only One Integrated Form INC29
</title>
<pubDate>Sun, 03 May 2015 15:02:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/company-incorporation-process-simplifed-only-one-integrated-form-inc29-to-be-filed.html
</link>
<description>
Companies Incorporation Process Simplified. File Only 1 Integrated Form INC-29 for DIN Allotment, Name Reservation, Incorporation, Directors Appointment
</description>
</item>
<item>
<title>
Co Incorporation-signature Photographs Form INC-10 to be Self Attested
</title>
<pubDate>Sun, 03 May 2015 15:02:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/subscribers-first-directors-signature-photographs-self-attestation-form-inc10.html
</link>
<description>
Companies Incorporation Rules Amendment-Subscribers First Directors Specimen Signatures Photographs to be self attested in Form INC-10 not by banker
</description>
</item>
<item>
<title>
Companies Incorporation Rules Amendment 2015 Summary Chart
</title>
<pubDate>Sun, 03 May 2015 15:02:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/companies-incorporation-amendment-rules-2015-changes-chart-summary.html
</link>
<description>
Companies Incorporation Amendment Rules 2015. Summary Chart of Changes, New Forms INC-7, INC-10, INC-11, INC-22, INC-29, INC-30, INC-31
</description>
</item>
<item>
<title>
Delhi HC-ICAI-Misconduct of Inflated Expenses Claim by CA
</title>
<pubDate>Sun, 03 May 2015 15:02:00 GMT</pubDate>
<link>
https://abcaus.in/icai/delhi-hc-misconduct-revengeful-complaint-inflated-expenses-ca-claim-punishment-reduced.html
</link>
<description>
Delhi HC Reduced ICAI Misconduct Punishment of One Month Removal to Reprimand. CA Claimed Complaint of Inflated Audit, Travelling Expenses as Revengeful
</description>
</item>
<item>
<title>
Service Tax Mega Exemption to Various Pradhan Manti Yojana
</title>
<pubDate>Sat, 02 May 2015 07:55:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/mega-exemption-pradhan-mantri-suraksha-bima-jeevan-jyoti-jan-dhan-yojana.html
</link>
<description>
Service Tax Mega Exemption Notification-Pradhan Mantri-Suraksha Bima Yojana, Jeevan Jyoti Bima Yojana, Jan Dhan Yojana
</description>
</item>
<item>
<title>
SEBI-Stress Testing Liquid Funds, Mutual Fund Schemes
</title>
<pubDate>Sat, 02 May 2015 04:10:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/stress-testing-liquid-funds-money-market-mutual-funds-schemes.html
</link>
<description>
SEBI-Stress Testing of Liquid Funds and Money Market Mutual Fund Schemes
</description>
</item>
<item>
<title>
SEBI-Mutual Fund Risk Level. Riskometer-Low Moderate High
</title>
<pubDate>Sat, 02 May 2015 04:10:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/mutual-funds-risk-levels-increased-to-five-riskometer-low-moderate-high.html
</link>
<description>
SEBI-Mutual fund Risk Levels increased from three to five. Riskometer-Low, Moderately Low, Moderate, Moderately High, High wef 01-07-2015.
</description>
</item>
<item>
<title>
Harder Days for those Involved in Illegal, Illicit Money Transfer
</title>
<pubDate>Sat, 02 May 2015 04:10:00 GMT</pubDate>
<link>
https://abcaus.in/finance-ministry/illegal-money-transfer-undisclosed-assets-india-abroad-steps-taken-by-govt.html
</link>
<description>
Harder Days for those Involved in Illegal and Illicit Money Transfer, Steps Taken to Squeeze the Black Money Including Undisclosed Assets in India/abroad
</description>
</item>
<item>
<title>
PM Letter-Industrial Workers and Budget Initiatives taken for them
</title>
<pubDate>Fri, 01 May 2015 02:21:00 GMT</pubDate>
<link>
https://abcaus.in/finance-ministry/indian-prime-ministers-letter-on-budget-industrial-workers-initiatives-by-govt.html
</link>
<description>
Letter of Indian Prime Minister Modi on the Budget to five segments of society. Industrial Workers and initiatives taken for them by the Government
</description>
</item>
<item>
<title>
PM Letter-Farmers and Budget Initiatives taken for them
</title>
<pubDate>Fri, 01 May 2015 02:21:00 GMT</pubDate>
<link>
https://abcaus.in/finance-ministry/indian-prime-ministers-letter-on-budget-farmers-and-initiatives-by-govt.html
</link>
<description>
Letter of Indian Prime Minister Modi on the Budget to five segments of society. Industrial Workers and initiatives taken for them by the Government
</description>
</item>
<item>
<title>
PM Letter-Youth and Budget Initiatives taken for them
</title>
<pubDate>Fri, 01 May 2015 02:21:00 GMT</pubDate>
<link>
https://abcaus.in/finance-ministry/indian-prime-ministers-letter-on-budget-youth-and-initiatives-by-govt.html
</link>
<description>
Letter of Indian Prime Minister Modi on the Budget to five segments of society. Youth and initiatives taken for them by the Government
</description>
</item>
<item>
<title>
PM Letter-Small Businessmen and Budget Initiatives taken for them
</title>
<pubDate>Fri, 01 May 2015 02:21:00 GMT</pubDate>
<link>
https://abcaus.in/finance-ministry/indian-prime-ministers-letter-on-budget-small-businessmen-initiatives-by-govt.html
</link>
<description>
Letter of Indian Prime Minister Modi on the Budget to five segments of society. Small Businessmen and initiatives taken for them by the Government
</description>
</item>
<item>
<title>
PM Letter-Senior Citizens and Budget Initiatives taken for them
</title>
<pubDate>Fri, 01 May 2015 02:21:00 GMT</pubDate>
<link>
https://abcaus.in/finance-ministry/indian-prime-ministers-letter-on-budget-senior-citizens-initiatives-taken-by-govt.html
</link>
<description>
Letter of Indian Prime Minister Modi on the Budget to five segments of society. Senior Citizens and various initiatives taken for them by the Government
</description>
</item>
<item>
<title>
Income Tax Grievances Disposal and Pendency Aging Analysis
</title>
<pubDate>Fri, 01 May 2015 02:21:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/grievance-monitoring-aging-analysis-pendency-disposal-sevottam-software.html
</link>
<description>
CBDT-Income Tax Grievances Effective Monitoring and Aging Analysis of Pendency and Disposal at Sevottam Software
</description>
</item>
<item>
<title>
Super Profits Entities as Comparables for Arm Length Price
</title>
<pubDate>Tue, 28 Apr 2015 13:33:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/super-high-profits-entities-not-excluded-from-comparables-list-for-arm-length-price.html
</link>
<description>
Delhi HC-Super High Profits Entities not Excluded from Comparable List for Arm Length Price/Transfer Unless Material Differences can not be Eliminated
</description>
</item>
<item>
<title>
Income Tax Section 11(1)(c) Permission for Nepal Earthquake help
</title>
<pubDate>Tue, 28 Apr 2015 13:33:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/permission-section-11-1c-charitable-purpose-help-to-victims-of-nepal-earthquake.html
</link>
<description>
Permission Section 11(1)(c) of the Income-tax Act, 1961 to trust and Institutions for Charitable Purpose help to the victims of Nepal Earthquake
</description>
</item>
<item>
<title>
Excel Depreciation Calculator Cos Act 2013, Schedule-II
</title>
<pubDate>Sun, 26 Apr 2015 15:27:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/excel-depreciation-calculator-companies-act-2013-scheduleii-download.html
</link>
<description>
Excel Auto Depreciation Calculator under Companies Act 2013 as per Schedule-II for FY 2014-15 Download
</description>
</item>
<item>
<title>
Correct Income Tax Challan for paying Compounding Fee u/s 276B
</title>
<pubDate>Sun, 26 Apr 2015 15:27:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/challan-itns280-or-itns281-for-paying-compounding-fee-section-276b-prosecution.html
</link>
<description>
Which Income tax Challan, ITNS280 or ITNS281 should be used for paying Compounding Fee under Section 276B for Prosecution related to TDS Defaults
</description>
</item>
<item>
<title>
Delhi HC-Transfer Pricing-PLR not applicable to Foreign Loan
</title>
<pubDate>Sun, 26 Apr 2015 15:27:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/transfer-pricing-arm-length-interest-rate-plr-not-applicable-to-foreign-loans.html
</link>
<description>
Delhi HC-In computing arm length interest rate under Transfer Pricing, PLR are not applicable to loans to be re-paid in foreign currency
</description>
</item>
<item>
<title>
CBDT-No TDS on Payments to Corporation Established u/s 1026BBB
</title>
<pubDate>Sat, 25 Apr 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-no-tds-on-payments-corporations-established-1026bbb-ex-servicemen-welfare.html
</link>
<description>
CBDT Circular 07-2015. No TDS on Payments to Corporation Established under section 10(26BBB) for Welfare and Economic Upliftment of Ex-servicemen
</description>
</item>
<item>
<title>
CBDT-FIIS DTAA Benefit Claims to be Decided within One Month
</title>
<pubDate>Fri, 24 Apr 2015 18:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-claims-of-fiis-seeking-benefits-under-dtaas-to-be-within-one-month.html
</link>
<description>
CBDT-Decision on Claims of Foreign Institutional Investors FII Seeking Benefits under Double Taxation Avoidance Agreement DTAAs to be within One Month
</description>
</item>
<item>
<title>
Income tax Section 80DD Relief to Disabled Family Members
</title>
<pubDate>Fri, 24 Apr 2015 18:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tax-relief-to-family-members-of-disabled-under-section-80dd-of-income-tax.html
</link>
<description>
Income tax Relief to Family Members of Differently abled/Disabled under Section 80DD of Income tax Act, 1961 after Finance Bill 2015
</description>
</item>
<item>
<title>
RBI-Bank Account Opening Form Changes to include Third Gender
</title>
<pubDate>Fri, 24 Apr 2015 18:30:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/changes-in-bank-account-opening-forms-to-include-transgender-as-third-gender.html
</link>
<description>
RBI-Changes in Banks Account Opening Forms/Applications to include Transgenders as Third Gender as per Order of Supreme Court
</description>
</item>
<item>
<title>
Posting Income Tax Inspectors in Directorate Systems Project CPC-CM
</title>
<pubDate>Fri, 24 Apr 2015 14:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/posting-inspector-in-directorate-systems-project-insights-cpc-compliance-management.html
</link>
<description>
Posting Income Tax Inspectors in Directorate of Systems for setting up of Project Insight/CPC-Compliance Management (CPC-CM)
</description>
</item>
<item>
<title>
Net Profit % Estimation not Question of Law-Allahabad HC
</title>
<pubDate>Wed, 22 Apr 2015 17:50:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/net-profit-percent-estimation-is-question-of-fact-not-law-allahabad-hc.html
</link>
<description>
Allahabad High Court-Qquestion of profit percentage estimation is a question of fact, does not givie rise to Question of Law
</description>
</item>
<item>
<title>
No Penalty u/s 271(1)(c) When Quantum Additions Deleted-Allahabad HC
</title>
<pubDate>Wed, 22 Apr 2015 17:50:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-levy-of-penalty-section-271-1c-when-addition-deleted-in-quantum-appeal.html
</link>
<description>
Allahabad High Court-No Question or Justification for Levy of Penalty Under Section 271(1)(c) When the Addition was Deleted in Quantum Appeal
</description>
</item>
<item>
<title>
Interest on GPF Non Govt Provident Gratuity Funds 8.7% for FY 2015-16
</title>
<pubDate>Tue, 21 Apr 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/finance-ministry/8.7-percent-interest-rate-gpf-non-govt-provident-gratuity-funds-fy-2015-16.html
</link>
<description>
8.7% Interest Rate for General Provident Fund GPF, Similar Funds For Non-Govt Provident, Superannuation and Gratuity Funds For FY 2015-16
</description>
</item>
<item>
<title>
Prime Minister Award to Income Tax Department in Public Admin
</title>
<pubDate>Tue, 21 Apr 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/prime-ministers-award-to-income-tax-department-excellence-public-administration.html
</link>
<description>
Income Tax Department has been awarded \x91Prime Minister\x92s award for excellence in Public Administration\x92 for Easy Tax Compliance through Quality Service
</description>
</item>
<item>
<title>
Incorrect Section 80IB-7 Deduction Claim not Concealment-Allahabad HC
</title>
<pubDate>Tue, 21 Apr 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/incorrect-claim-deduction-section-80ib7-multiplex-not-concealment-penalty-271-1c.html
</link>
<description>
Incorrect Section 80-IB(7) Income tax Deduction Claim for Multiplex Theater under Bona-fide Belief is not Concealment
</description>
</item>
<item>
<title>
NSDL eTDS RPU version 4.3 FVU 4.6 Download Quarter-4 FY 2014-15
</title>
<pubDate>Tue, 21 Apr 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/nsdl-etdstcs-rpu-version-4.3-released-quarterly-statements-q4-fy-2014-15-download.html
</link>
<description>
NSDL eTDS-TCS RPU 4.3 FVU Version 4.6 2.142 Download Quarterly Statements from FY 2007-08 Q4 March Returns FY 2014-15 Released
</description>
</item>
<item>
<title>
ICAI-Guidance on Auditor Reporting under CARO 2015
</title>
<pubDate>Mon, 20 Apr 2015 19:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/icai-guidance-on-auditors-reporting-under-caro-2015.html
</link>
<description>
ICAI-Guidance on Auditors Reporting under Companies Auditors Report Order, CARO 2015
</description>
</item>
<item>
<title>
ICAI-Reporting for Companies with Financial Year Starting before 01-04-2014
</title>
<pubDate>Mon, 20 Apr 2015 19:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/icai-clarification-auditors-report-financial-year-starting-before-01-04-2014.html
</link>
<description>
ICAI Clarification on Auditors report under Companies Act, 2013 for Companies with Financial Year starting before 01-04-2014
</description>
</item>
<item>
<title>
ICAI Guidance Note-Reporting 143 (3)(f)(h) Companies Act 2013
</title>
<pubDate>Mon, 20 Apr 2015 19:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/icai-guidance-note-auditors-reporting-under-section-143-3f-3h.html
</link>
<description>
ICAI Guidance Note on Auditors Reporting under section 143 (3) (f) and (h) of the Companies Act 2013 related to adverse effect and qualifications
</description>
</item>
<item>
<title>
No Outstanding Purchase Disallowance if GP is Higher-Delhi HC
</title>
<pubDate>Sun, 19 Apr 2015 18:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-disallowance-outstanding-purchases-if-gp-rate-higher-than-last-year-delhi-hc.html
</link>
<description>
Delhi HC- Disallowance for Outstanding Purchases for Non Response to Notices by Parties Wrong if Gross Profit GP Rate is Higher than Previous Year
</description>
</item>
<item>
<title>
New ITR1 ITR2 ITR4S AY 2015-16 to be Reconsidered. Suspended or not?
</title>
<pubDate>Sun, 19 Apr 2015 09:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/suspension-new-income-tax-returns-itr1-sahaj-itr2-itr4s-sugam-ay-2015-16.html
</link>
<description>
As per Media Reports Newly Notified Income Tax Returns ITR1 Sahaj, ITR2 Sugam, ITR4S AY 2015-16 to be Reconsidered and Suspended for Simplification
</description>
</item>
<item>
<title>
HCBL Restricted to Function by RBI. Bank Denies SAHARA Connection
</title>
<pubDate>Sat, 18 Apr 2015 14:30:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/hcbl-bank-lucknow-restricted-to-function-rbi-order-sahara-group-connection.html
</link>
<description>
Hindustan Cooperative Bank Limited (HCBL), Lucknow has been restricted to function by RBI. Bank maintains that it is not related to SAHARA group.
</description>
</item>
<item>
<title>
India UK Tax DTAC-Tax Collection Suspension during MAP
</title>
<pubDate>Sat, 18 Apr 2015 14:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/india-uk-dtac-tax-collection-suspension-during-mutual-agreement-procedure-map.html
</link>
<description>
India-UK Avoidance of Double Taxation and Prevention of Fiscal Evasion-Suspension of Collection of Taxes during Mutual Agreement Procedure
</description>
</item>
<item>
<title>
Major Changes in New ITR-1 Sahaj AY 2015-16. Bank and Aadhaar
</title>
<pubDate>Sat, 18 Apr 2015 09:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/major-changes-in-new-itr1-sahaj-ay-2015-16-bank-account-aadhaar-number.html
</link>
<description>
Major Changes in New ITR-1 Sahaj for AY 2015-16. Details of all Bank Accounts to be given Mandatorily, Aadhaar Card Number Optional
</description>
</item>
<item>
<title>
SC-Custom Duty Exemption on Road Construction Hot-mix Plant
</title>
<pubDate>Fri, 17 Apr 2015 18:42:00 GMT</pubDate>
<link>
https://abcaus.in/custom-duty/duty-exemption-on-road-construction-goods-only-for-plant-not-components.html
</link>
<description>
Supreme Court-Custom Duty exemption not avaiable on import of merely components of hot-mix plant for road construction
</description>
</item>
<item>
<title>
New ITRs Sahaj ITR-1 ITR-2 Sugam-ITR4S AY 2015-16 Notified
</title>
<pubDate>Thu, 16 Apr 2015 19:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/new-income-tax-returns-sahaj-itr1-itr2-sugam-itr4s-itrv-notified-for-ay-2015-16.html
</link>
<description>
New Income Tax Returns ITRs Sahaj ITR-1 ITR-2 Sugam-ITR4S for AY 2015-16 Notified. Data Verification Code for Transmitting Data and other Changes
</description>
</item>
<item>
<title>
PAN Migration to New Jurisdiction Post Restructuring
</title>
<pubDate>Thu, 16 Apr 2015 19:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/pan-migration-as-per-new-jurisdiction-orders-post-restructuring-completion-deadline.html
</link>
<description>
Completion of PAN Migration to New Ward/ Circle as per the New Jurisdiction Orders Post Restructuring
</description>
</item>
<item>
<title>
Income Tax Corporate Tax Top Defaulters List Disclosed
</title>
<pubDate>Wed, 15 Apr 2015 19:05:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/list-of-income-tax-top-defaulters-disclosure-at-income-tax-department-website.html
</link>
<description>
Income Tax, Corporate tax Top Defaulters List Disclosed at Income Tax Department Website. Hyderabad Tops the list for Individual Defaulters
</description>
</item>
<item>
<title>
Chargeability of Interest on Self Assessment Wealth Tax Paid
</title>
<pubDate>Wed, 15 Apr 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-interest-chargeable-self-assessment-tax-paid-before-wealth-tax-return-due-date.html
</link>
<description>
CBDT Circular 05/2015-No interest Chargeable on Self-assessment Tax paid before due date of filing net wealth return u/s 17B Wealth-tax Act
</description>
</item>
<item>
<title>
Notification-Transport Allowance Exemption Limit Increase Rs.1600, 3200
</title>
<pubDate>Wed, 15 Apr 2015 11:44:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/transport-conveyance-exemption-limit-increased-rs-1600-3200-rule-2bb.html
</link>
<description>
Income Tax Transport/Conveyance Allowance Exemption Limit Increased Rs. 1600, for Blind, Handicapped, Disabled Rs. 3200
</description>
</item>
<item>
<title>
Export Business Loss Disentitles Section 80HHC Deduction
</title>
<pubDate>Tue, 14 Apr 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/net-losses-in-export-business-disentitle-deduction-80hhc-claim-supreme-court.html
</link>
<description>
Supreme Court- Loss in Export Business can not be Merged with Domestic Profits to Claim Section 80HHC Deduction
</description>
</item>
<item>
<title>
PAN TAN Application in INC-7 with CIN by Company Not registered
</title>
<pubDate>Tue, 14 Apr 2015 07:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/pan-tan-allotment-application-in-form-inc7-by-company-not-registered-with-cin.html
</link>
<description>
Company not registered to make Income Tax PAN TAN Allotment Application in Form INC-7 with Corporate Identity Number. Notification 38/2015
</description>
</item>
<item>
<title>
Excess Managerial Remuneration under Cos Act 1956 after 01-04-2014
</title>
<pubDate>Mon, 13 Apr 2015 19:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/excess-remuneration-managerial-person-act-1956-tenure-after-01-04-2014.html
</link>
<description>
MCA Circular 07/2015- Excess Remuneration to Managerial Person under Schedule XIII Companies Act, 1956 for Tenure after Cos Act 2013 from 01/04/2014
</description>
</item>
<item>
<title>
ICAI-Guide on Depreciation Schedule-II Companies Act 2013
</title>
<pubDate>Mon, 13 Apr 2015 19:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/application-guide-depreciation-provisions-schedule-ii-companies-act-2013.html
</link>
<description>
ICAI-Application Guide on the Depreciation Provisions of Schedule-II to the Companies Act, 2013
</description>
</item>
<item>
<title>
Allahabad HC allows Interest on Delayed payment of Gratuity
</title>
<pubDate>Mon, 13 Apr 2015 19:00:00 GMT</pubDate>
<link>
https://abcaus.in/allahabad-high-court/interest-payment-on-delayed-payment-of-gratuity-nagar-palika.html
</link>
<description>
Allahabad HC Allows Simple Interest on Delayed payment of Gratuity. Gratuity not an act of bounty/charity but a rightful entitlement of Employee
</description>
</item>
<item>
<title>
RBI Cautions on All Bank Balance Enquiry Whatsapp Application
</title>
<pubDate>Sat, 11 Apr 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/reserve-bank-cautions-on-all-bank-balance-enquiry-application-whatsapp-messenger.html
</link>
<description>
All Bank Balance enquiry on Whatsapp Messenger. RBI cautions that it has not developed the application and public advised to use it at own risk
</description>
</item>
<item>
<title>
CARO 2015 CARO 2003 Para-wise Changes Comparison Chart Table
</title>
<pubDate>Sat, 11 Apr 2015 08:40:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/caro-2015/caro-2015-caro-2003-parawise-comparison-changes-chart-table.html
</link>
<description>
CARO 2015 and CARO 2003 Para-wise Changes Comparison Chart Table. What is New What has been Omitted, deleted, Revised Applicability
</description>
</item>
<item>
<title>
CBEC Circular-Service Tax Rate 12.36 to 14% Clarification
</title>
<pubDate>Fri, 10 Apr 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/cbec-clarification-applicability-service-tax-rate-12-36-to-14-percent-and-cess.html
</link>
<description>
CBEC Circular-183/02/2015 Clarification on Applicability of Increased Rate of Service Tax from 12.36% to 14% and Education/SHE Cess
</description>
</item>
<item>
<title>
MS Word Fillable Format of CARO 2015 for FY 2014-15
</title>
<pubDate>Fri, 10 Apr 2015 14:52:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/caro-2015/ms-word-format-caro-2015-audit-report-for-fy-2014-15-download.html
</link>
<description>
MS Word Format CARO 2015 Download as per MCA Notification dated 10-04-2015 for The Companies Auditors Report Order, 2015
</description>
</item>
<item>
<title>
MCA Notifies New CARO 2015 for FY 2014-15 from 01-04-2015
</title>
<pubDate>Fri, 10 Apr 2015 14:52:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/caro-2015/mca-notifies-new-caro-2015-for-fy-2014-15-begining-01-04-2015.html
</link>
<description>
CARO 2015-MCA Notification. The Companies Auditors Report Order, 2015 applicable for FY 2014-15 commencing on or after 1st April, 2014
</description>
</item>
<item>
<title>
Service Tax Exemption Notification-Services against Scrip
</title>
<pubDate>Fri, 10 Apr 2015 08:30:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/notification-exemption-services-against-scrip-person-located-taxable-territory-section-66b.html
</link>
<description>
Service Tax Notification-Exemption to Services Against Scrip by Person Located in Taxable Territory from Service Tax Leviable under Section 66B
</description>
</item>
<item>
<title>
MCA Circular 06-2015-Section 186-7 Effective Yield Govt Security
</title>
<pubDate>Fri, 10 Apr 2015 08:11:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/clarification-section-186-7-effective-yield-tax-free-bond-govt-security-loan-tenor.html
</link>
<description>
MCA Circular 06-2015. Clarification-Section 186(7) Cos Act 2013. Tax Free Bonds Effective Prevailing Yield Greater than Govt. Security Closest to Loan Tenor
</description>
</item>
<item>
<title>
Music Dance as Education for Income Tax Exemption 10(23C)
</title>
<pubDate>Thu, 09 Apr 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/music-dance-can-be-education-for-exemption-section-1023c-iiiad-vi-calcutta-high-court.html
</link>
<description>
Calcutta HC- Every Acquisition of Further Knowledge Constitutes Education. Music/Dance Could be Education under section 10(23C) of Income Tax Act
</description>
</item>
<item>
<title>
CBDT-Short Term Capital Gains-FMPs Roll Over under SEBI Regulations
</title>
<pubDate>Thu, 09 Apr 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/no-short-term-capital-gain-tax-mutual-fund-fixed-maturity-plan-extension-roll-over.html
</link>
<description>
CBDT Circular 06/2015-No Short Term Capital Gains on on Extension/Roll Over of Mutual Funds Units under Fixed Maturity Plans as per SEBI regulation
</description>
</item>
<item>
<title>
RBI Circular-49% FDI in Indian Insurance Sector Permitted
</title>
<pubDate>Wed, 08 Apr 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/fdi-in-indian-insurance-sector-permitted-up-to-forty-nine-percent-paid-up-equity-capital.html
</link>
<description>
RBI Circular- Foreign Direct Investment (FDI) in Indian insurance company shall be limited up to forty-nine percent of the paid up equity capital
</description>
</item>
<item>
<title>
SEBI-Rs. 50000 Fine for Woman, NED Directors Non-appointment
</title>
<pubDate>Wed, 08 Apr 2015 16:29:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/fine-table-non-compliance-clause-49-listing-agreement-woman-director-ned-directors.html
</link>
<description>
SEBI-Fine Structure Table for Non Compliance of Clause 49 Listing Agreement for Non-appointment of one woman and Executive, Non-Executive Directors
</description>
</item>
<item>
<title>
Companies Act 2013-CARO 2003 Not Applicable to FY 2014-15
</title>
<pubDate>Wed, 08 Apr 2015 16:29:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/caro-2003-auditors-report-not-applicable-fy-2014-15-section-143-11-icai.html
</link>
<description>
ICAI Clarification-CARO-2003 Auditors Report Not Applicable to FY 2014-15 under Companies Act 2013. New Order yet to be notified under Section 143(11)
</description>
</item>
<item>
<title>
CBDT-Transfers-Posting of 212 Income-tax Asstt-Dy Commissioner
</title>
<pubDate>Tue, 07 Apr 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-large-scale-all-india-transfers-posting-grade-assistant-dy-commissioner-2015.html
</link>
<description>
CBDT Order 41/2015 dated 07-04-2015. Large Scale All India Basis Transfers/Posting in the Grade of Assistant/Deputy Commissioner of Income-tax
</description>
</item>
<item>
<title>
Lawyers Strike, Boycott Call, Token Strike Illegal-Allahabad HC
</title>
<pubDate>Tue, 07 Apr 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/allahabad-high-court/lawyers-bar-association-strike-boycott-token-strike-in-excess-one-day-illegal.html
</link>
<description>
Allahabad HC-Bar Association Strike, Boycott Call, Token Strike Illegal. Direction on Attempt to Disrupt Court Functioning after Police killed Lawyer
</description>
</item>
<item>
<title>
Department of Expenditure Internship Programme-How to Apply
</title>
<pubDate>Sun, 05 Apr 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/finance-ministry/internship-programme-department-of-expenditure-selection-application-procedure.html
</link>
<description>
Department of Expenditure Internship Programme-Eligibility Duration Remuneration Placement Certificate How to Apply Selection Procedure Application Format
</description>
</item>
<item>
<title>
Fake Order for Central Govt Employees Revised DA Rate from 01-01-2015
</title>
<pubDate>Sun, 05 Apr 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/finance-ministry/fake-order-revised-dearness-allowance-rate-01-01-2015-central-govt-employee.html
</link>
<description>
Finance Ministry Clarification-Fake Order-Instruction on Dearness Allowance Revised Rate from 01-01-2015 Payable to Central Government Employees
</description>
</item>
<item>
<title>
Non Official Director Appointment Criteria in PSB, Insurance Cos, FIs, RBI
</title>
<pubDate>Thu, 02 Apr 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/non-official-directors/appointment-criteria-nod-public-sector-banks-insurance-cos-fis-rbi.html
</link>
<description>
Non Official Directors NOD Appointment Criteria for Public Sector Banks, Insurance Companies, Financial Institutions RBI. Age, Education, Experience
</description>
</item>
<item>
<title>
Amendment in NOD Appointment Procedure in PSB, Insurance Cos, FIs
</title>
<pubDate>Thu, 02 Apr 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/non-official-directors/amended-procedure-public-sector-banks-insurance-cos-financial-institutions.html
</link>
<description>
Non Official Directors NOD Amended Procedure Appointment in Public Sector Banks, Insurance Companies, Financial Institutions Board. Apply Online
</description>
</item>
<item>
<title>
Income Tax Case Transfer U/s 127(3) No Hearing Opportunity Required
</title>
<pubDate>Thu, 02 Apr 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/case-transfer-us-127-3-same-city-locality-no-hearing-opportunity-required-allahabad-hc.html
</link>
<description>
Income Tax Assessment Proceedings Transfer to Assessing Officer in Same City Locality Place u/s 127(3), No Hearing Opportunity Required-Allahabad HC
</description>
</item>
<item>
<title>
MCA-Share Subscription Recd Prior 1-4-2015 to be settled before 01-06-2015
</title>
<pubDate>Wed, 01 Apr 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/share-subscription-received-before-01-04-2015-allot-return-before-01-06-2015.html
</link>
<description>
MCA Notification- Share Subscription Received Prior 1-4-2015 and disclosed in Balancesheet of 31-03-2014 to be allotted or returned before 01-06-2015
</description>
</item>
<item>
<title>
MCA-Registers Returns Inspection Power Delegation to RD us 94
</title>
<pubDate>Wed, 01 Apr 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/delegation-power-section-94-5-inspection-register-returns-regional-directors.html
</link>
<description>
MCA Notification-Power Delegation of Registers/Returns Inspection 94(5) Cos Act, 2013 to Regional Directors Mumbai Kolkata Chennai Noida Ahmedabad Hyderabad Shillong
</description>
</item>
<item>
<title>
ITRS AY 2013-14 Declared Invalid by CPC for ITR-V Non receipt
</title>
<pubDate>Wed, 01 Apr 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/itrs-ay-2013-14-declared-invalid-by-cpc-for-non-receipt-of-itrv-defective-us-139-9.html
</link>
<description>
ITRS for AY 2013-14 Declared Invalid/Defective by CPC Bangalore for Non receipt of ITR-V, other defects u/s 139(9) Calling Fresh ITRs u/s 139(4)
</description>
</item>
<item>
<title>
Merger of ING Vysya Bank with Kotak Mahindra Bank 01-04-2015
</title>
<pubDate>Wed, 01 Apr 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/merger-amalgamation-of-ing-vysya-bank-with-kotak-mahindra-bank-from-01-04-2015.html
</link>
<description>
RBI-Merger/Amalgamation of ING Vysya Bank with Kotak Mahindra Bank. ING Vysya Branches to function as Kotak Mahindra Bank with effect from 01-04-2015
</description>
</item>
<item>
<title>
ICAI-FAQ on Corporate Social Responsibility CSR Cos Act 2013
</title>
<pubDate>Wed, 01 Apr 2015 06:30:00 GMT</pubDate>
<link>
https://abcaus.in/icai/frequently-asked-questions-faq-csr-section-135-companies-act-2013.html
</link>
<description>
ICAI-Frequently Asked Questions on Corporate Social Responsibility (CSR) under Section 135 of the Companies Act 2013 and CSR Rules
</description>
</item>
<item>
<title>
Small Savings Schemes Interest Rates From 01-04-2015 Announced
</title>
<pubDate>Tue, 31 Mar 2015 18:19:00 GMT</pubDate>
<link>
https://abcaus.in/smallsavingsscheme/govt-announces-rate-of-interest-with-effect-from-01-04-2015.html
</link>
<description>
Government Announces Small Savings Schemes Interest Rates w.e.f. 01-04-2015. Savings-Term-Recurring-Deposits-MIS-NSC-PPF-KVP-SCSS-Sukanya Samriddhi
</description>
</item>
<item>
<title>
APA Roll Back Date Extension 30-06-2015 for Application filed Prior 31-3-2015
</title>
<pubDate>Tue, 31 Mar 2015 16:50:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/apa-roll-back-date-extension-30-06-2015-applications-filed-prior-31-03-2015.html
</link>
<description>
Income Tax Advance Pricing Agreement Roll Back Form 3CEDA and Fee Date Extended to 30-06-2015 for API Applications filed Prior to 31-03-2015
</description>
</item>
<item>
<title>
Transporter Declaration Format 194C(6)-Payment without TDS
</title>
<pubDate>Tue, 31 Mar 2015 14:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/ms-word-format-declaration-undertaking-section-194c6-transporters-payment-without-tds.html
</link>
<description>
MS Word Format Transporter Declaration/Undertaking Section 194C(6) Owning Ten or Less Goods Carriage for Payments without TDS. Budget 2015-16
</description>
</item>
<item>
<title>
MCA Circular-Private Companies Members Directors Deposits Prior 01-04-2014
</title>
<pubDate>Mon, 30 Mar 2015 18:45:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/private-cos-amount-received-members-directors-prior-01-04-2014-not-deposits-if-disclosed.html
</link>
<description>
MCA Circular Private Cos-Amount Received from Members Directors Relatives Prior 01-04-2014 not Deposits if disclosed in Notes to Accounts
</description>
</item>
<item>
<title>
Banks Open Full day 30-03-2015 8PM 31-03-2015 for Tax Deposit
</title>
<pubDate>Mon, 30 Mar 2015 08:45:00 GMT</pubDate>
<link>
https://abcaus.in/tax-deposit/banks-full-day-open-30-03-2015-8pm-31-03-2015-electronic-transfer-upto-midnight.html
</link>
<description>
Income-Service Tax Deposits-RBI Instructions. Banks Opened Full Day 30-03-2015, till 8 PM on 31-03-2015. Electronic Transfers till Midnight 31-03-2015
</description>
</item>
<item>
<title>
RoC Adjudicating Officers for Offences Penalties Section 454
</title>
<pubDate>Fri, 27 Mar 2015 16:40:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/roc-jurisdiction-adjudicating-offences-penalties-appeal-section-454.html
</link>
<description>
MCA Notification-RoC Appointed Adjudicating Officers u/s 454 Companies Act 2013. Adjudication of Offences Penalties, Jurisdiction, Appellate Authorities
</description>
</item>
<item>
<title>
Incometax Public Grievances Redressal Deadline April-June 2015
</title>
<pubDate>Fri, 27 Mar 2015 05:40:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-public-grievances-priority-redressal-deadline-april-june-2015-pm-monitoring.html
</link>
<description>
CBDT-Public Grievances Top Priority Item in Central Action Plan 2015-16 Q1 Personally Monitored by Prime Minister. Deadlines set to April June 2015
</description>
</item>
<item>
<title>
ICAI Affairs audit by CAG-Madras HC issued notice to MCA
</title>
<pubDate>Fri, 27 Mar 2015 03:40:00 GMT</pubDate>
<link>
https://abcaus.in/icai/icai-affairs-independent-audit-by-cag-madras-high-court-issues-notices-to-mca-icai.html
</link>
<description>
ICAI Independent Audit by CAG-Madras High Court issues Notices to MCA and ICAI
</description>
</item>
<item>
<title>
CBDT-Foreign Company Dividend not Deemed Income u/s 9 Exp5
</title>
<pubDate>Thu, 26 Mar 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/share-dividends-declared-foreign-company-deemed-income-explanation5-section-9.html
</link>
<description>
CBDT Circular 4/2015 Foreign Company Dividends on shares deriving Value from Indian Situated Assets not Deemed Income Explanation 5 to section 9(1)(i)
</description>
</item>
<item>
<title>
NSDL eTDS Java based RPU Version 1.00 Download FY 2007-08
</title>
<pubDate>Thu, 26 Mar 2015 15:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/nsdl-java-based-quarterly-etdstcs-return-rpu-version-100-released-fy-2007-08-download.html
</link>
<description>
NSDL eTDS-TCS Java Platform based RPU Version 1.00 Download for Quarterly Returns/Statements from FY 2007-08 Released
</description>
</item>
<item>
<title>
ICAI-Revised Guidelines for Article Assistant Training Abroad India
</title>
<pubDate>Wed, 25 Mar 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/revised-guidelines-training-article-assistants-abroad-india-gulf-uae.html
</link>
<description>
ICAI-Revised Guidelines-Article Assistant Training Abroad India. Full time employment visa issue under Gulf Cooperation Council Countries Immigration laws
</description>
</item>
<item>
<title>
ANUBHAV Website-Display of Outstanding Work of Retiring Govt Employee
</title>
<pubDate>Wed, 25 Mar 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/anubhav/website-display-outstanding-work-during-service-retiring-central-govt-employee.html
</link>
<description>
Launch of ANUBHAV Website by DoPP for Showcasing of Outstanding Work Done During Service Period Write-up by Retiring Central Government Employee
</description>
</item>
<item>
<title>
CBDT Central Action Plan first Quarter FY 2015-16
</title>
<pubDate>Tue, 24 Mar 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-central-action-plan-first-quarter-april-2015-june-2015-fy-2015-16.html
</link>
<description>
CBDT issues Central Action Plan for first Quarter April 2015 to June 2015 of FY 2015-16 with Key result Areas and Time Frame
</description>
</item>
<item>
<title>
Supreme Court Struck Down Section 66A IT Act as Unconstitutional
</title>
<pubDate>Tue, 24 Mar 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/supreme-court/section-66A-it-act-struck-down-unconstitutional-freedom-speech-computer-internet.html
</link>
<description>
Supreme Court Struck Down Section 66A IT Act 2000 Unconstitutional and Violative of Right to freedom of Speech Expression. No more controversial arrest
</description>
</item>
<item>
<title>
Companies Boards Meeting and its Power-Rule-8 Amendment-Notification
</title>
<pubDate>Sat, 21 Mar 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/companies-board-meetings-and-its-powers-amendment-rule-8.html
</link>
<description>
MCA Notification-The Companies Meetings of Board and its Powers Amendments Rules, 2015. Rule 8 Powers of Board only by means of resolutions
</description>
</item>
<item>
<title>
Companies Share Capital and Debentures Amendment Rules 2015
</title>
<pubDate>Sat, 21 Mar 2015 05:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/companies-share-capital-debenture-amendment-rules-2015-form-sh13-sh14.html
</link>
<description>
Companies Share Capital and Debentures Amendment Rules 2015. Nomination Form SH-13, Nomination Cancellation Form SH-14
</description>
</item>
<item>
<title>
Rule 20 Amendment-Revised Procedure-Co Voting Through Electronic Means
</title>
<pubDate>Fri, 20 Mar 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/revised-rule-20-procedure-for-voting-through-electronic-means-notification.html
</link>
<description>
MCA Notification-Rule 20 Revised Procedure for Company Voting Through Electronic Means in Listed Companies or 1000 Members
</description>
</item>
<item>
<title>
CBDT-Standing Counsel responsible to Inform CIT of High Court Directives
</title>
<pubDate>Fri, 20 Mar 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-standing-counsel-responsibility-informing-high-court-decisions-to-cit.html
</link>
<description>
CBDT- Responsibility of Income Tax Standing Counsel In Communicating High Court\x92s Decision, directions to CIT, CCIT. Instruction No. 3/2012
</description>
</item>
<item>
<title>
CBDT-CIT responsible to Assist Department Counsel in High Court Cases
</title>
<pubDate>Fri, 20 Mar 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-responsibility-cit-give-assistance-department-counsel-high-court-instruction.html
</link>
<description>
CBDT-CIT Responsibility to assist Incometax Department Counsel in High Court Cases as per Instruction No. 07-2011
</description>
</item>
<item>
<title>
Introduction of The Undisclosed Foreign Income and Assets (Imposition of Tax) Bill 2015
</title>
<pubDate>Fri, 20 Mar 2015 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/the-undisclosed-foreign-income-assets-imposition-tax-bill-2015-introduced-parliament.html
</link>
<description>
Introduction of the Undisclosed Foreign Income and Assets (Imposition of Tax) Bill 2015 in Parliament on 20-03-2015 to provide separate stringent taxation
</description>
</item>
<item>
<title>
ICAI-Extension of Membership Restoration Amnesty to 30-04-2015
</title>
<pubDate>Thu, 19 Mar 2015 17:50:00 GMT</pubDate>
<link>
https://abcaus.in/icai/extension-general-amnesty-retrospective-restoration-membership-fee-non-payment-30-04-2015.html
</link>
<description>
ICAI-Extension of General Amnesty Scheme for Retrospective Restoration of Membership for Non-payment of Membership Fee to 30-04-2015
</description>
</item>
<item>
<title>
Incometax Project National Judicial Reference System NJRS FAQ
</title>
<pubDate>Thu, 19 Mar 2015 17:50:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/project-national-judicial-reference-system-njrs-faq-access-to-taxpayer.html
</link>
<description>
Income Tax Project National Judicial Reference System NJRS Frequently Asked Questions FAQ. Access and Benefits to Individual Taxpayer Assessee
</description>
</item>
<item>
<title>
Launch of Project National Judicial Reference System NJRS
</title>
<pubDate>Thu, 19 Mar 2015 17:50:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/soft-launch-of-project-national-judicial-reference-system-njrs-repository.html
</link>
<description>
Launch of Project National Judicial Reference System NJRS by Income Tax Department. Computerised Repository of Judgments, Pending Appeals at ITAT, HC, SC
</description>
</item>
<item>
<title>
SC-Surplus does not cease Institute existence for educational purpose
</title>
<pubDate>Wed, 18 Mar 2015 19:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/sc-surplus-educational-institute-cease-to-exit-solely-education-purpose-1023ciiiad.html
</link>
<description>
Supreme Court-Mere Surplus does not make Educational Institute Cease to Exist Solely for Educational Purpose for exemption under section 10(23C)(iiiad)
</description>
</item>
<item>
<title>
RBI-NBFC Designated Director under Section 13 PMLA 2002
</title>
<pubDate>Tue, 17 Mar 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/nbfc-designated-director-section-13-pmla-2002-senior-management-principal-officer.html
</link>
<description>
RBI-NBFCs Designated Director can be senior management person excluding Principal Officer Us 13(2) PMLA 2002
</description>
</item>
<item>
<title>
MS Word Format 3CEDA Application Download Roll Back Advance Pricing Agreement
</title>
<pubDate>Mon, 16 Mar 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/ms-word-format-form-3ceda-application-roll-back-advance-pricing-agreement.html
</link>
<description>
CBDT Notification-23/2015 MS Word Format 3CEDA Application for Roll Back of Income Tax Advance Pricing Agreement Download, Rule 10MA and Rule 10RA
</description>
</item>
<item>
<title>
CBDT Notification-Advance Pricing Agreement Roll Back Rule Procedure
</title>
<pubDate>Mon, 16 Mar 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-notification-roll-back-of-advance-pricing-agreement-procedure-rule-10ma-10ra.html
</link>
<description>
CBDT Notification-23/2015 Advance Pricing Agreement Roll Back Provisions Rule 10MA, Procedure Rule 10RA, Application Format 3CEDA MS Word Download
</description>
</item>
<item>
<title>
HC Reference Jurisdiction us 256 to Set Aside Tribunal Order
</title>
<pubDate>Sun, 15 Mar 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/sc/high-court-jurisdiction-to-set-aside-us-256-incometax-act-absence-of-perversity-tribunal-order.html
</link>
<description>
Supreme Court-HC Reference Jurisdiction u/s 256 Income Tax Act to Set Aside Tribunal Order in Absence of Perversity and Reframing Questions of Law
</description>
</item>
<item>
<title>
Gandhi Statute next to Winston Churchill - Hey Ram
</title>
<pubDate>Sun, 15 Mar 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/Gandhi-statute-next-to-winston-churchill-in-london-ahimsa-and-terror-bombing-dresden.html
</link>
<description>
Gandhi followed Ahinsa whereas Winston Churchill considered responsible for killing innocent people in Terror Bombing at Dresden Germany in WW-II
</description>
</item>
<item>
<title>
RBI-Card PIN Authentication for Small Value Transactions of Rs 2000
</title>
<pubDate>Sat, 14 Mar 2015 13:33:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/card-payments-pin-authentication-requirement-removal-small-per-transactons-rs-2000.html
</link>
<description>
Relaxation of Authentication Requirements for Small Value Card Transactions for Contact Less Card Payments with Maximum Value of Rs 2000 per Transaction
</description>
</item>
<item>
<title>
RBI-Immovable Property Sale Purchase by Citizens of Macau Hongkong
</title>
<pubDate>Sat, 14 Mar 2015 13:33:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/permission-prohibition-sale-purchase-immovable-properties-foreign-citizens-macau-hongkong.html
</link>
<description>
RBI-Acquisition/Transfer of Immovable Property Prohibition on Foreign Citizens of Countries-Macau, Hong Kong without Prior Permission
</description>
</item>
<item>
<title>
RBI-Reversal of Excess NPA Provision on Securitisation Company Sale
</title>
<pubDate>Sat, 14 Mar 2015 13:33:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/excess-npa-provision-reversal-sale-to-securitisation-reconstruction-company.html
</link>
<description>
RBI- Guidelines Reversal of Excess NPA Provision on Sale of Financial Assets to Securitisation Company or Reconstruction Company
</description>
</item>
<item>
<title>
RBI-Bank Senior Management is Liable for Outsourced Financial Services
</title>
<pubDate>Sat, 14 Mar 2015 12:45:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/management-risk-liability-and-code-of-conduct-in-outsourcing-financial-services-by-banks.html
</link>
<description>
RBI Guidelines- Management, Risks, Liability of Board of Directors, Senior Management and Code of Conduct in Outsourcing of Financial Services by Banks
</description>
</item>
<item>
<title>
ICSI-Draft Guidelines-Issuing Secretarial Audit Report, Signing Certification of Annual Return
</title>
<pubDate>Fri, 13 Mar 2015 19:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/icsi-draft-guidelines-secretarial-audit-report-issue-annual-return-signing-certification.html
</link>
<description>
ICSI Issues Draft Guidelines For Issuing Secretarial Audit Report, Signing And Certification of Annual Return by Companies Secretaries under Companies Act 2013
</description>
</item>
<item>
<title>
CBDT Instruction-Non Migration of Incometax PANs due to Pending Refund Caging
</title>
<pubDate>Fri, 13 Mar 2015 18:22:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/non-migration-of-pans-due-to-pending-refund-caging-post-cadre-restructuring.html
</link>
<description>
CBDT AST Instruction 134-Non-Migration of Income-tax PANs due to Pending Refund Caging Post Cadre Restructuring and Orphan PANs
</description>
</item>
<item>
<title>
Transfer Posting Grade of Pr. Commissioner, Commissioners Incometax, New Delhi
</title>
<pubDate>Fri, 13 Mar 2015 07:24:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/transfer-posting-in-grade-prcommissioner-commissioners.html
</link>
<description>
Transfer/posting local changes in the grade of Pr. Commissioner, Commissioners of Income Tax, New Delhi
</description>
</item>
<item>
<title>
MCA Clarification-Applicability of Section 185 186 to Loans Advances to Employees
</title>
<pubDate>Thu, 12 Mar 2015 18:25:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/clarification-loans-advances-to-employees-section-185-186-mca-circular.html
</link>
<description>
MCA Circular 04/2015. Clarification Applicability of Section 185, 186 Cos Act, 2013 \x96 Loans, Advances to Employees other than Managing, Whole Time Directors
</description>
</item>
<item>
<title>
CBDT Notification CIT-Exemption as Prescribed Authority u/s 10(23C) Income tax
</title>
<pubDate>Wed, 11 Mar 2015 05:45:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-notification-cit-exemption-to-be-prescribed-authority-section-1023c.html
</link>
<description>
CBDT Notification-20-2015 Commissioner of Income Tax CIT-Exemption to be Prescribed Authority under Section 10(23C) of Income Tax Act from 15-11-2015
</description>
</item>
<item>
<title>
Constitution of Bench Supreme Court for Tax Matters exclusively
</title>
<pubDate>Tue, 10 Mar 2015 15:56:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/constitution-of-supreme-court-bench-to-deal-exclusively-tax-matters-on-all-working-days.html
</link>
<description>
Constitution of Bench of Hon'ble Supreme Court to deal exclusively with Tax Matters on all working days which will be functional from 9th March, 2015
</description>
</item>
<item>
<title>
MCA Circular-Filing DIR-12 by Resigning Director where all directors resign
</title>
<pubDate>Mon, 09 Mar 2015 18:40:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/filing-dir12-all-directors-en-masse-resignation-and-dsc-deactivation.html
</link>
<description>
MCA Circular 03-2015. Filing of DIR-12 by Resigning Director Due to DSC deactivation following en masse resignation by all directors of the Company
</description>
</item>
<item>
<title>
No Deemed Registration for Non Disposal Application within 6 Months u/s 12AA
</title>
<pubDate>Mon, 02 Mar 2015 19:12:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/deemed-registration-on-non-disposal-of-application-section-12aa2-within-six-months.html
</link>
<description>
Allahabad High Court-Registration Application Non disposal within six months u/s 12AA (2) Income Tax Act 1961 do not grant deemed registration
</description>
</item>
<item>
<title>
Income Tax Section 288 Auditor Appointment Disqualification
</title>
<pubDate>Mon, 02 Mar 2015 14:45:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/auditors-appointment-disqualification-section-288-audit-certification-work.html
</link>
<description>
Budget 2015-16 Income Tax Section 288 Auditor Appointment Disqualification for Audit, Certification Work for being related party
</description>
</item>
<item>
<title>
SEBI Investment Advisers Regulations 2013-FAQ
</title>
<pubDate>Sun, 01 Mar 2015 16:45:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/sebi-investment-advisers-regulations-2013-faq.html
</link>
<description>
SEBI Investment Advisers Regulations 2013-Frequently Asked Questions FAQ
</description>
</item>
<item>
<title>
Budget 2015-TDS 194C for Transporter Owning more than 10 Goods Carriage
</title>
<pubDate>Sun, 01 Mar 2015 16:45:00 GMT</pubDate>
<link>
https://abcaus.in/budget-2015-16/tds-deduction-194c-transporters-owning-more-than-10-goods-carriage.html
</link>
<description>
Budget 2015-16 TDS us 194C to be deducted on Payments to Transporters who owns more than ten Goods Carriage. Declaration and PAN required for Non Deduction
</description>
</item>
<item>
<title>
Budget 2015-Cash Deposits or Repayment for Immovable Property Transfer
</title>
<pubDate>Sun, 01 Mar 2015 16:45:00 GMT</pubDate>
<link>
https://abcaus.in/budget-2015-16/cash-deposit-repayment-transfer-immovable-property-269SS-271T.html
</link>
<description>
Budget 2015-16 Amendment-Prohibition on Cash Deposits, Repayment for Immovable Property Transfer exceeding Rs. 20000 u/s 269SS, 271T
</description>
</item>
<item>
<title>
Budget 2015-Income Tax Incentives for Andhra Pradesh and Telangana
</title>
<pubDate>Sun, 01 Mar 2015 16:45:00 GMT</pubDate>
<link>
https://abcaus.in/budget-2015-16/incometax-incentives-for-state-of-andhra-pradesh-telangana.html
</link>
<description>
Budget 2015-16 Income Tax Incentives for State of Andhra Pradesh, Telangana. Additional Investment Allowance, Depreciation Section 32AD, 32
</description>
</item>
<item>
<title>
Budget 2015-Yoga as Charitable Object and carrying of Business Activity
</title>
<pubDate>Sun, 01 Mar 2015 16:45:00 GMT</pubDate>
<link>
https://abcaus.in/budget-2015-16/charitable-object-yoga-section-2-15-trade-commerce-business-activity.html
</link>
<description>
Budget 2015-16 Yoga included as Charitable Object us 2(15) and Activity in the Nature of Trade Commerce, Business allowed up to 20% of total receipts
</description>
</item>
<item>
<title>
Budget 2015 Single ITAT Member Bench Income Limit Increased 15 Lakhs
</title>
<pubDate>Sun, 01 Mar 2015 16:45:00 GMT</pubDate>
<link>
https://abcaus.in/budget-2015-16/single-member-itat-bench-cases-total-income-limit-increased-15-lakh.html
</link>
<description>
Budget 2015-16 Total Income Limit of Cases that May be Decided by Single ITAT Member Bench Increased to 15 Lakhs from 5 Lakhs
</description>
</item>
<item>
<title>
Budget 2015-Wealth Tax Act 1957 Abolition AY 2016-17
</title>
<pubDate>Sun, 01 Mar 2015 16:45:00 GMT</pubDate>
<link>
https://abcaus.in/budget-2015-16/abolition-of-wealth-tax-act-1957-from-ay-2016-17.html
</link>
<description>
Budget 2015-16 Abolition of Wealth Tax Act 1957 from AY 2016-17. Information of assets in wealth tax return to be included in income-tax return
</description>
</item>
<item>
<title>
Budget 2015-Health Insurance Premia Section 80D Limit Increased
</title>
<pubDate>Sun, 01 Mar 2015 16:45:00 GMT</pubDate>
<link>
https://abcaus.in/budget-2015-16/health-insurance-premia-section-80d-deduction-limit-increased.html
</link>
<description>
Budget 2015-16 Health Insurance Premia Deduction Limit under Section 80D increased to Rs. 25000, and 30000 for senior citizens from AY 2016-17
</description>
</item>
<item>
<title>
Budget 2015-16 Medical Treatment 80DDB and Govt Hospital Certificate
</title>
<pubDate>Sun, 01 Mar 2015 16:45:00 GMT</pubDate>
<link>
https://abcaus.in/budget-2015-16/medical-treatment-deduction-us-80ddb-govt-hospital-certificate.html
</link>
<description>
Budget 2015-16 Medical Treatment of Specified Diseases, Ailments Deduction Section 80DDB. Requirement of Govt Hospital Certificate Removed. AY 2016-17
</description>
</item>
<item>
<title>
Budget 2015-16 Deduction Limit u/s 80DD 80U Increased
</title>
<pubDate>Sun, 01 Mar 2015 16:45:00 GMT</pubDate>
<link>
https://abcaus.in/budget-2015-16/deduction-80DD-80U-limit-increased-severe-disability-disability.html
</link>
<description>
Budget 2015-16 Income-tax Deduction Limit u/s 80DD 80U for Person with Disability, Severe Disability Increased to Rs. 75000 and 125000 AY 2016-17
</description>
</item>
<item>
<title>
Income Tax Section 87A Rebate Availability FY 2015-16 AY 2016-17
</title>
<pubDate>Sat, 28 Feb 2015 18:56:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/availability-rebate-section87A-fy2015-16-ay2016-17-budget-2015-16.html
</link>
<description>
Section 87A Income Tax Rebate of Rs. 2000 Availability for FY 2015-16 AY 2016-17 after Budget 2015-16 Amendments
</description>
</item>
<item>
<title>
Revised Incometax Exemption Limit FY2015-16 and Surcharge
</title>
<pubDate>Sat, 28 Feb 2015 18:56:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/revised-new-incometax-exemption-basic-limit-fy2015-16-ay2016-17-individual-huf.html
</link>
<description>
Revised Incometax Exemption Limit, Slabs and surcharge for FY 2015-16 AY 2016-17 for Individual and HUF after amendments made by Union Budget 2015-16
</description>
</item>
<item>
<title>
TDS Rate Chart FY 2015-16 AY 2016-17 Budget 2015-16 Amendments
</title>
<pubDate>Sat, 28 Feb 2015 18:56:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/revised-latest-tds-rate-chart-fy2015-16-ay2016-17-after-budget-2015-16.html
</link>
<description>
Revised TDS Rate Chart for FY 2015-16 AY 2016-17 after Latest Budget 2015-16 Changes and Amendments
</description>
</item>
<item>
<title>
Budget 2015-16 Service Tax Highlights-Service Tax, New rate 14 Percent
</title>
<pubDate>Sat, 28 Feb 2015 18:56:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/Budget2015-16/service-tax-key-highlights-changes.html
</link>
<description>
Union Budget 2015-16. Service tax Rate increased to 14 Percent. Key Features, Highlights, Changes in Service Tax. New Taxable services, Revised Negative list, Exemptions withdrawn, New Exemptions
</description>
</item>
<item>
<title>
Budget 2015-16 Key Highlights-Income-Tax
</title>
<pubDate>Sat, 28 Feb 2015 18:56:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/Budget2015-16/incometax-servicetax-key-changes-highlights.html
</link>
<description>
Union Budget 2015-16. Income Tax, Key Features Highlights. Revised Exemption Limit, New Deductions, Rebates. Download Budget Speech Documents
</description>
</item>
<item>
<title>
Watch Union Budget 2015-16 FM Speech Live 28-02-2015
</title>
<pubDate>Fri, 27 Feb 2015 12:00:00 GMT</pubDate>
<link>
https://abcaus.in/budget-2015-16/watch-budget-2015-finance-ministers-speech-live-28-02-2015.html
</link>
<description>
Watch Union Budget 2015-16 and finance Ministers Speech Live on ABCAUS 28-02-2015. Incometax Service Tax Updates and Real time Highlights
</description>
</item>
<item>
<title>
MCA e-form GNL4 New Addendum Notified in Place of Form67
</title>
<pubDate>Wed, 25 Feb 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/new-eform-gnl4-addendum-notified-in-place-of-existing-form67.html
</link>
<description>
New Addendum e-form GNL-4 Notified in place of Existing Form-67 for Rectification of Defects or Incompleteness. MCA Notification 24-02-2015
</description>
</item>
<item>
<title>
Chit Fund Companies Investigated by SIFO last four Years
</title>
<pubDate>Tue, 24 Feb 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/finance-ministry/chit-fund-companies-investigated-in-last-four-years-sifo.html
</link>
<description>
Chit Fund Companies Investigation for fraud by SIFO for last four Years 2011-12, 2012-13, 2013-14 and 2014-15-Finance Ministry Press Release
</description>
</item>
<item>
<title>
ICAI-Revised Guidance Note 2015 Statutory Bank Branches Audit
</title>
<pubDate>Mon, 23 Feb 2015 17:28:00 GMT</pubDate>
<link>
https://abcaus.in/icai/revised-guidance-note-2015-on-statutory-audit-of-bank-branches-fy-2014-15.html
</link>
<description>
ICAI Revised Guidance Note 2015 Statutory Bank Branches Audit FY 2014-15. RBI Master Circulars, ICAI Standards Pronouncements, Banking Regulation Act 1949
</description>
</item>
<item>
<title>
Budget 2015-16 Key Highlights-Income-Tax, Service Tax Download
</title>
<pubDate>Sat, 21 Feb 2015 17:22:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/Budget2015-16/incometax-servicetax-key-changes-highlights.html
</link>
<description>
Union Budget 2015-16. Income Tax, Service Tax Key Features Highlights. Revised Exemption Limit, New Deductions, Rebates. Download Budget Speech Documents
</description>
</item>
<item>
<title>
Indian Accounting Standards Ind-AS Applicability 2015 2016 2017
</title>
<pubDate>Fri, 20 Feb 2015 18:05:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/applicability-of-indian-accounting-standards-fy-01-04-2015-2016-2017.html
</link>
<description>
Applicability Indian Accounting Standards to Companies Financial Statements Accounting Periods Beginning 01-04-2015 01-04-2016 01-04-2017 Networth Criteria
</description>
</item>
<item>
<title>
Download Indian Accounting Standards IndAS 2015 MCA Notified List
</title>
<pubDate>Fri, 20 Feb 2015 18:05:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/download-indian-accounting-standards-indas-2015-list-notified-by-mca.html
</link>
<description>
Download Indian Accounting Standards Ind-AS 2015 List as per MCA Notification. IndAS 01 to 115 as per Companies (Indian Accounting Standards) Rules, 2015
</description>
</item>
<item>
<title>
Indian Accounting Standards IndAS wef 01-04-2015 MCA Notification
</title>
<pubDate>Fri, 20 Feb 2015 18:05:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/mca-notification-indian-accounting-standards-indas-01-04-2015-2016-2017.html
</link>
<description>
MCA Notifies Indian Accounting Standards IndAS applicable from 01-04-2015, 01-04-2016, 01-04-2017. Companies (Indian Accounting Standards) Rules, 2015
</description>
</item>
<item>
<title>
SC-Fin. Advisor Success Fee Payment to Foreign Company Liable to TDS
</title>
<pubDate>Wed, 18 Feb 2015 19:40:00 GMT</pubDate>
<link>
https://abcaus.in/sc-judgment/success-fee-payment-financial-advisor-foreign-company-liable-tds-technical-services.html
</link>
<description>
SC-Success Fee Payable to Foreign Company as Financial Advisor for securing Loans, assistance for Indian Company is liable to TDS as Technical Service Fee
</description>
</item>
<item>
<title>
FIPB-Online Efiling Foreign Direct Investment Application Website
</title>
<pubDate>Wed, 18 Feb 2015 16:30:00 GMT</pubDate>
<link>
https://abcaus.in/fipb/new-website-for-efiling-foreign-direct-investment-application-launched-fipb-gov-in.html
</link>
<description>
New FIPB Website for Online Efiling of Foreign Direct Investment FDI Applications Launched. Secured and Upgraded Portal FIPB-GOV-IN
</description>
</item>
<item>
<title>
UP Dying Harness Rules Family include Unmarried Brother Sisters
</title>
<pubDate>Wed, 18 Feb 2015 16:30:00 GMT</pubDate>
<link>
https://abcaus.in/allahabad-high-court/up-dying-harness-rule-family-include-unmarried-brother-sister-widowed-mother.html
</link>
<description>
The word Family in UP Dying in Harness Rules 1974 after amendment include Unmarried Brother Sisters and Widowed Mother
</description>
</item>
<item>
<title>
CAG CA Firms Online Empanelement Date Extended to 25-02-2015
</title>
<pubDate>Wed, 18 Feb 2015 08:00:00 GMT</pubDate>
<link>
https://abcaus.in/cag-online-empanelment/chartered-accountants-firms-llp-year-2015-16-from-01-01-2015.html
</link>
<description>
CAG CA Firms Online Empanelement Date Extended from 15-02-2015 to 25-02-2015
</description>
</item>
<item>
<title>
ICAI warns on Use of Designation Other than Chartered Accountants
</title>
<pubDate>Wed, 18 Feb 2015 08:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/use-of-designation-word-other-than-chartered-accountant-against-code-of-ethics.html
</link>
<description>
ICAI Warning-Use of Designation Other than Chartered Accountants on Visiting Cards, Letterheads etc Violates Ethics Code, invites Disciplinary Action
</description>
</item>
<item>
<title>
Excel Auto Income Tax TDS Challan ITNS-281 with Database
</title>
<pubDate>Tue, 17 Feb 2015 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/index_files/excelchallan281.html
</link>
<description>
Income Tax Excel Auto TDS Challan ITNS-281 with Database with updated codes
</description>
</item>
<item>
<title>
Section 186 Amendment Banking Insurance Housing Fin Cos Act 2013
</title>
<pubDate>Mon, 16 Feb 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/banking-insurance-housing-fin-cos-permitted-securities-acquisition-section-186.html
</link>
<description>
MCA Order- Section 186 Cos Act 2013 Amendment to Permit Acquisition of Securities by Banking, Insurance, Housing Finance Companies
</description>
</item>
<item>
<title>
Small Company Turnover paid up Capital Criteria us 2(85) Amendment
</title>
<pubDate>Mon, 16 Feb 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/small-company-definition-section-285-paidup-capital-turnover-criteria-amendment.html
</link>
<description>
Companies Act 2013-MCA Order-Small Companies Paid-up Share Capital, Turnover Criteria Section 2(85) Made Mutually Inclusive and Interdependent Amendment
</description>
</item>
<item>
<title>
Agreement to Sell Date as Transfer for Capital Gain Section 54 Exemption
</title>
<pubDate>Sun, 15 Feb 2015 16:50:00 GMT</pubDate>
<link>
https://abcaus.in/sc-judgment/capital-gain-exemption-section-54-agreement-to-sell-date-of-transfer-residential-house.html
</link>
<description>
SC Judgment-Agreement to Sell Date is transfer within section 2(47) of Income Tax Act for Capital Gain Exemption u/s 54 for investment in new Residential House
</description>
</item>
<item>
<title>
CBDT-Committee to Redraft Irrecoverable Demand Write-off Guidelines
</title>
<pubDate>Sun, 15 Feb 2015 13:50:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-committee-redrafting-irrecoverable-demand-arrears-write-off-guidelines.html
</link>
<description>
CBDT Constitutes Committee to Redraft Existing Guidelines for Income-tax Irrecoverable Demand Write-off. Manual of Write-off of Tax Arrears to be updated
</description>
</item>
<item>
<title>
NBFC Statutory Reserve Addition Book Profits Computation 115JB
</title>
<pubDate>Sun, 15 Feb 2015 13:50:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/nbfc-statutory-reserve-rbi-act-added-back-computing-book-profits-us-115jb-mat.html
</link>
<description>
Amount Transferred to NBFC Statutory Reserve Created under RBI Act, 1934 Added Back for Computation of Book Profits u/s 115JB Income Tax Act-Delhi HC
</description>
</item>
<item>
<title>
CBDT Circular 3-2015 Disallowance us 40ai Other Sums Chargeable
</title>
<pubDate>Fri, 13 Feb 2015 11:30:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-clarification-disallowances-section-40ai-other-sums-chargeable-interniked-us195.html
</link>
<description>
CBDT Circular 3-2015 Clarification. Disallowance u/s 40ai Other Sums Chargeable for Non Deduction of TDS to be Appropriate Portion determined us 195
</description>
</item>
<item>
<title>
Serious Income Tax Evasion-Govt Focuses on Prosecuting Offenders
</title>
<pubDate>Thu, 12 Feb 2015 17:12:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/govt-shift-focus-prosecuton-for-serious-tax-eavasion-than-revenue-agumentation.html
</link>
<description>
Income Tax Department Focuses on Prosecution Offenders for Serious Income Tax Evasion than Revenue Augmentation-Press Release
</description>
</item>
<item>
<title>
Indirect Tax Collection Service Tax Custom Excise April Jan-2015
</title>
<pubDate>Thu, 12 Feb 2015 17:12:00 GMT</pubDate>
<link>
https://abcaus.in/custom-excise-servicetax/indirect-tax-collection-april-january-2015.html
</link>
<description>
Indirect Tax Collection-Custom Central Excise and Service Tax in April-January 2015 is Rs. 427822 Crores with increase of 7.4%-Press Release
</description>
</item>
<item>
<title>
MCA Cost Auditor CRA2 Filing Due Date Extension 31-03-2015
</title>
<pubDate>Thu, 12 Feb 2015 17:12:00 GMT</pubDate>
<link>
https://abcaus.in/cost-auditor/mca-extension-cra2-filing-due-date-31-03-2015-for-cost-auditor-appointment.html
</link>
<description>
CRA2 Filing Due Date Extension 31-03-2015. MCA Circular 02-2015 Cost Auditor Appointment Electronic Notice Non-availability on MCA Circular 02/2015
</description>
</item>
<item>
<title>
Service Tax Notification-DG Central Excise Intelligence Jurisdiction
</title>
<pubDate>Wed, 11 Feb 2015 17:52:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/jurisdiction-principal-director-general-central-excise-intelligence-commissioners-service-tax.html
</link>
<description>
Service Tax Notification 02-2015. DG Central Excise Intelligence Jurisdiction over Service Tax Commissioners for Assigning Show Cause notices for adjudication
</description>
</item>
<item>
<title>
Excel auto Income Tax Interest Calculator 234ABC modified as per Circular 02-2015
</title>
<pubDate>Tue, 10 Feb 2015 19:00:00 GMT</pubDate>
<link>
https://abcaus.in/index_files/abcausitinterestcalculator.htm
</link>
<description>
Excel auto Income Tax Interest Calculator us 234ABC modified as per CBDT Circular 02-2015 dated 10-02-2015
</description>
</item>
<item>
<title>
CBDT Circular-No Interest 234A on Self Assessment Tax Paid before ITR Due Date
</title>
<pubDate>Tue, 10 Feb 2015 19:00:00 GMT</pubDate>
<link>
https://abcaus.in/cbdt-circular/interest-234a-not-chargeable-on-self-asessment-tax-paid-before-itr-filing-due-date.html
</link>
<description>
CBDT Circular 02-2015 Interest 234A not Chargeable on Amount of Self Assessment Tax Paid before Due Date of Filing Income Tax Return
</description>
</item>
<item>
<title>
Bombay HC-Section 234e Income Tax Constitutionally Valid
</title>
<pubDate>Mon, 09 Feb 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/bombay-high-court/section-234e-incometax-tds-late-fee-constitutionally-valid.html
</link>
<description>
Bombay High Court-Section 234E of Income Tax for Late Fee for Default in furnishing TDS statements is Constitutionally Valid. Writ 771-2014 Dismissed
</description>
</item>
<item>
<title>
CPC-TDS Defaulter Data for Immediate Action by ITD
</title>
<pubDate>Mon, 09 Feb 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/tdscpc/tds-interest-short-late-payment-defaulters-data-for-action-by-incometax-officers.html
</link>
<description>
CPC-TDS Defaulters Data. TDS Short Late Payment 1-10 Lakh, 1 -2 Year. Outstanding Interest 201-1A. Top 500 Cases for each CIT-TDS for Immediate Action
</description>
</item>
<item>
<title>
HSBC Foreign Bank Account List-Income Tax Penalty Prosecution
</title>
<pubDate>Mon, 09 Feb 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/hsbc-foreign-bank-account-list/penalty-prosecution-proceedings-incometax-authorities.html
</link>
<description>
HSBC Foreign Bank Account List-Penalty and Prosecution Action Taken by Income Tax Department
</description>
</item>
<item>
<title>
Excel TDS Form-16 Automatic Certificate-AY 2015-16 Download
</title>
<pubDate>Sat, 07 Feb 2015 19:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometaxforms/excel-auto-tds-form16-ay-201516-fy-201415.html
</link>
<description>
Download Income Tax Form 16 Certificate of Tax Deducted at Source TDS in Excel Auto Format for Financial Year 2014-15 Assessment Year 2015-16
</description>
</item>
<item>
<title>
Income Tax Safe Harbor Specified Domestic Transaction Rules 10THA 10THAD
</title>
<pubDate>Thu, 05 Feb 2015 17:49:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/safe-harbour-rules-for-specified-domestic-transactions-10tha-10thd-notification.html
</link>
<description>
Notification 11-2015 Income Tax Safe Harbour Rules for Specified Domestic Transactions. Rules 10THA to 10THD
</description>
</item>
<item>
<title>
Monitoring Implementation of CSR Policies under Companies Act 2013
</title>
<pubDate>Thu, 05 Feb 2015 17:49:00 GMT</pubDate>
<link>
https://abcaus.in/csr/mointoring-csr-policies-implemetation-companies-act-2013-high-level-committee-constituted.html
</link>
<description>
MCA Circular 01-2015 Monitoring Implementation of CSR Policies us 135 of Companies Act 2013. Constitution of High Level Committee to Suggest Measures
</description>
</item>
<item>
<title>
Self Assessment Income Tax Defaulter List AY 2013-14, 2014-15
</title>
<pubDate>Thu, 05 Feb 2015 17:49:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/self-assessment-income-tax-defaulters-list-ay-2013-14-2014-15.html
</link>
<description>
Self Assessment Income Tax Defaulters List AY 2013-14 AY 2014-15. Assessing Officers to ensure tax is paid and defect cured by e-filing revised return
</description>
</item>
<item>
<title>
Supreme Court Law Clerks-Revised Scheme for Assignment Engagement
</title>
<pubDate>Thu, 05 Feb 2015 17:49:00 GMT</pubDate>
<link>
https://abcaus.in/supreme-court/revised-law-clerk-cum-research-assistant-scheme-for-assignment-engagement.html
</link>
<description>
Engaging Law Clerk-Cum-Research Assistants on Short Term Contractual Assignment in Supreme Court-Revised Scheme, Entitlement, Qualifications, Stipend, Exam
</description>
</item>
<item>
<title>
CBDT-TDS Prosecution Compounding Income Tax Authorities, CPC Role
</title>
<pubDate>Tue, 03 Feb 2015 18:02:00 GMT</pubDate>
<link>
https://abcaus.in/cbdt-sop/roles-of-tds-authorities-cpc-in-tds-prosecution-compounding.html
</link>
<description>
CBDT-Standard Operating Procedure (SOP) Defining Roles of Different Income Tax Authorities, CPC Ghaziabad in Prosecution and Compounding of TDS Cases
</description>
</item>
<item>
<title>
CBDT Standard Operating Procedures-Prosecution TDS TCS Defaults
</title>
<pubDate>Tue, 03 Feb 2015 18:02:00 GMT</pubDate>
<link>
https://abcaus.in/cbdt-sop/standard-operating-procedure-prosecution-in-tds-tcs-section-276B-defaults.html
</link>
<description>
CBDT-Standard Operating Procedure SOP for Prosecution in Cases of Income Tax Deducted/Collected at Source TDS/TCS Defaults Section 276B 276BBA 278A
</description>
</item>
<item>
<title>
Allahabad HC-Reinds ITD again-TDS Defaults-Liability is to Pay only Interest, Penalty not Tax
</title>
<pubDate>Mon, 02 Feb 2015 20:50:00 GMT</pubDate>
<link>
https://abcaus.in/allahabad-high-court/demand-tax-non-deduction-stayed-deductor-liabile-pay-only-interest-penalty.html
</link>
<description>
Allahabad HC-Failure to Deduct, Short Deduction. Deductor Liability is only to Pay Interest, Penalty not TDS. Stays the Demand in latest Jagran Prakashan Case
</description>
</item>
<item>
<title>
Allahabad HC-Failure to Deduct TDS-Deductor Liable only for Interest, Penalty
</title>
<pubDate>Mon, 02 Feb 2015 20:50:00 GMT</pubDate>
<link>
https://abcaus.in/allahabad-high-court/non-deduction-tds-deductors-liability-only-interest-penalty-not-tax.html
</link>
<description>
HC-Failure to Deduct TDS-Deductor Liable only Pay Interest, Penalty not Tax. Advertising Agencies not Agent and Trade Discounts not liable to TDS us 194H
</description>
</item>
<item>
<title>
Entertainment Tax Exemption for Setting up Multiplexes is Capital Receipt
</title>
<pubDate>Sun, 01 Feb 2015 17:27:00 GMT</pubDate>
<link>
https://abcaus.in/delhi-hc/up-state-govt-entertainment-tax-exemption-for-setting-up-multiplexes-is-capital-receipt.html
</link>
<description>
Delhi High Court-Entertainment Tax Exemption given under Scheme for Promoting Setting up of Modern Multiplexes with Cinema Hall is Capital Receipt.
</description>
</item>
<item>
<title>
DGFT Online IEC Application wef 01-02-2015, Physical ANF2A Form
</title>
<pubDate>Sat, 31 Jan 2015 13:50:00 GMT</pubDate>
<link>
https://abcaus.in/dgft/online-iec-application-mandatory-wef-01-02-2015-physical-form-anf2a-also-allowed.html
</link>
<description>
DGFT Notice-Online IEC Applications wef 01-02-2015. Physical Application Form ANF2A allowed in absence of net banking facility from notified 10 Banks
</description>
</item>
<item>
<title>
Delhi High Court-Company Directors Liability us 276B Income Tax Act
</title>
<pubDate>Fri, 30 Jan 2015 03:33:00 GMT</pubDate>
<link>
https://abcaus.in/delhi-hc/company-directors-liability-prosecution-imprisonment-us-276b-tds-income-tax-act-1961.html
</link>
<description>
Delhi High Court Judgement-Liability of Company Director for Failure to Pay Tax-TDS, Prosecution and Imprisonment u/s 276B of the Income Tax Act, 1961
</description>
</item>
<item>
<title>
CBDT Instruction-Acceptance of Bombay HC Order on Vodafone Case
</title>
<pubDate>Fri, 30 Jan 2015 03:33:00 GMT</pubDate>
<link>
https://abcaus.in/cbdt-instruction/incometax-accepted-bombay-high-court-vodafone-order-on-transfer-pricing.html
</link>
<description>
CBDT Instruction 02-2015- Income Tax Accepts Bombay High Court Order in the case of Vodafone India Services Pvt. Ltd on Transfer Pricing Adjustment
</description>
</item>
<item>
<title>
Sukanya Samriddhi Account deposit eligible for deduction u/s 80C
</title>
<pubDate>Thu, 29 Jan 2015 04:43:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/sukanya-samriddhi-account-deposits-eligible-for-section-80c-deduction.html
</link>
<description>
CBDT Notification-09-2015. Sukanya Samriddhi Account deposits now eligible for deduction under section 80C Limit of Income Tax Act, 1961
</description>
</item>
<item>
<title>
Excel Income tax Calculator FY 2014-15 AY 2015-16 Download
</title>
<pubDate>Tue, 27 Jan 2015 18:03:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/excel-auto-income-tax-calculator-ay-2015-16-fy-2014-15-download.html
</link>
<description>
Excel Auto Income tax Calculator FY 2014-15 AY 2015-16. Salary, Business, Capital gains, House Property, Other Sources, Set off Carry forward, Rebates
</description>
</item>
<item>
<title>
Territorial jurisdiction-Pr Commissioners, Commissioners Service Tax, Central Excise
</title>
<pubDate>Mon, 26 Jan 2015 16:59:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/territorial-jurisdiction-principal-commissioners-commissioners-servicetax-central-excise.html
</link>
<description>
Notification-01/2015-Territorial jurisdiction-Principal Commissioners, Commissioners of Service Tax and Central Excise Bangalore, Delhi, Mumbai, Noida
</description>
</item>
<item>
<title>
Intimation us 143(1) is not assessment completion for Revision 139(5)
</title>
<pubDate>Mon, 26 Jan 2015 11:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/intimation-us-1431-not-completion-of-assessment-for-filing-revised-return-us-1395.html
</link>
<description>
Calcutta HC- Intimation us 143(1) of Income tax Act 1961 is not completion of assessment us 139(5) preventing assessee from filing a revised return of income
</description>
</item>
<item>
<title>
RBI-FAQ Foreign Exchange Limits for Resident Individual
</title>
<pubDate>Mon, 26 Jan 2015 11:10:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/forex-limit-resident-foreign-travel-medical-treatment-busness-trip-studies-employment.html
</link>
<description>
RBI FAQ-Foreign Exchange Resident Individual Availability Limits-Foreign Travel for Medical Treatment, Business Trip, Studies, Employment. Jewellery Lmits
</description>
</item>
<item>
<title>
Import Export Indian Currency Limit Increased to 25000 Per Person
</title>
<pubDate>Mon, 26 Jan 2015 11:10:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/import-export-indian-currency-by-resident-non-resident-limit-increased-25000-per-person.html
</link>
<description>
Circular-Import and Export of Indian Currency Out and into India by Residents or Non Residents-Limit Increased from Rs. 10000 to Rs. 25000 Per Person
</description>
</item>
<item>
<title>
UP Police Mobile Web App-Reporting Lost Articles Documents
</title>
<pubDate>Sun, 25 Jan 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/up-police/android-mobile-web-application-reporting-lost-articles-documents-download.html
</link>
<description>
UP Police Android Mobile and Web Based App for Online FIR Reporting for Lost Articles, Documents. Download Application, FAQ, Information Required
</description>
</item>
<item>
<title>
ICAI-Final Notification Increase of Stipend Article Assistant
</title>
<pubDate>Sat, 24 Jan 2015 13:53:00 GMT</pubDate>
<link>
https://abcaus.in/icai/increase-in-stipend-income-articled-assistant-students-final-notificaton-jan-2015.html
</link>
<description>
ICAI-Final Notification dated 23-01-2015 for Increase in Stipend Income of Article Assistant during Training Up to Rs. 2000 in First Year
</description>
</item>
<item>
<title>
Download Install Whatsapp on Windows computer Laptop
</title>
<pubDate>Fri, 23 Jan 2015 16:58:00 GMT</pubDate>
<link>
https://abcaus.in/whatsapp-messenger/windows-pc-computer-laptop-download-install-qr-code-scan.html
</link>
<description>
Download and Install Whatsapp Messenger on Windows Computer, Laptop with Google Chrome Browser and Mobile Phone. How to Scan QR Code for Pairing
</description>
</item>
<item>
<title>
CBDT Approval Needed for Income-tax Field Office Media Coverage
</title>
<pubDate>Thu, 22 Jan 2015 16:50:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/field-office-press-release-publicity-media-coverage-by-ccit-cit-cbdt-permission.html
</link>
<description>
CBDT Instruction-Approval Needed for Income-tax Field Office Press Release, Publicity, Media Coverage by CCIT, CIT on Important Issue as per Media Policy
</description>
</item>
<item>
<title>
RBI-Overseas Direct Investments Indian Proprietorship Partnership Firms
</title>
<pubDate>Thu, 22 Jan 2015 16:50:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/guidelines-overseas-direct-investment-by-indian-proprietorship-concern-unregistered-firm.html
</link>
<description>
RBI Review of Overseas Direct Investments by Indian proprietorship concern, unregistered partnership firm as per Changes in Foreign Trade Policy
</description>
</item>
<item>
<title>
CBEC-Excise Service Tax Summons to Companies Top Senior Officials
</title>
<pubDate>Wed, 21 Jan 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/cbec-instruction-no-summons-issue-to-top-senior-management-officials-companies.html
</link>
<description>
CBEC Instruction-No Excise Service Tax Summons issue to Senior Management Officials CEO CFO GM of Large Companies PSU Unless Involved in Decision Making
</description>
</item>
<item>
<title>
Sukanya Samriddhi Accounts Interest Rate Notified 9.10% FY 2014-15
</title>
<pubDate>Wed, 21 Jan 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/Finance-ministry/sukanya-samriddhi-accounts-rate-of-interest-notified-9-1-percent-fy-2014-15.html
</link>
<description>
Sukanya Samriddhi Accounts Rules 2014 Interest Rate Notified @ 9.10% for Investment in the Girl Child Scheme During Financial Year FY 2014-15
</description>
</item>
<item>
<title>
Delhi HC-ICAI Disciplinary Proceedings Quashed-Medical Ground
</title>
<pubDate>Wed, 21 Jan 2015 14:25:00 GMT</pubDate>
<link>
https://abcaus.in/icai/delhi-hc-disciplinary-proceedings-misconduct-quashed-natural-justice-adjournment-medical-ground.html
</link>
<description>
Delhi HC-ICAI Professional Misconduct Disciplinary Proceedings Quashed for Denying-Adjournment on Medical Ground, Natural Justice, Opportunity Being Heard
</description>
</item>
<item>
<title>
Incometax Notification 3-2015 Section 115UA Form-64A 64B Statement
</title>
<pubDate>Tue, 20 Jan 2015 17:40:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/notification-statement-section-115ua-form-64a-64b-prescribed-authority-unit-holders.html
</link>
<description>
Income-tax Notification 3-2015- Furnishing of Statements Section 115UA to Unit Holder in Form 64B and to Prescribed Authority PrCIT, CIT in Form 64A
</description>
</item>
<item>
<title>
Cos Act 2013-CSR Activities Undertaken through Section 8 Company
</title>
<pubDate>Tue, 20 Jan 2015 16:28:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/csr-activities-by-section8-company-established-by-holding-subsidiary-associate.html
</link>
<description>
Cos Act 2013 Notification-CSR Activities Undertaken through Section 8 Company Established by Company, Holding, Subsidiary, Associate Company Jointly, Singly
</description>
</item>
<item>
<title>
Cos Act 2013-Filing DIR-11 Foreign Director Resignation Intimation
</title>
<pubDate>Tue, 20 Jan 2015 16:28:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/filing-form-dir11-foreign-director-resignation-by-practising-ca-cma-cs-resident-director.html
</link>
<description>
Cos Act 2013 Notification-Filing DIR-11 Foreign Directors Resignation Intimation by CA, CS, cost accountant, resident director with written consent
</description>
</item>
<item>
<title>
RBI-Permits Bank Review Base Rate Methodology, Computation Freedom
</title>
<pubDate>Tue, 20 Jan 2015 06:10:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/rbi-new-guidelines-permit-banks-freedom-in-computation-and-review-base-rate-methodology.html
</link>
<description>
RBI New Guidelines on Interest Rates on Advances-Freedom in Computation of Base Rate and Permission to Review Methodology after Three Years
</description>
</item>
<item>
<title>
MCA NotificationForm AOC5 Books of Account Address Notice
</title>
<pubDate>Mon, 19 Jan 2015 16:48:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/form-aoc5-notice-of-address-of-books-of-accounts-section-128-rule-2a.html
</link>
<description>
MCA Notification-Form AOC-5 Notice of address where books of account to be maintained u/s section 128(1) Cos Act 2013, Rule 2A Cos Accounts Amendment Rules 2015
</description>
</item>
<item>
<title>
SEBI Prohibition of Insider Trading Regulations 2015-Connected Person
</title>
<pubDate>Mon, 19 Jan 2015 16:48:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/sebi-prohibition-of-insider-trading-regulations-2015-definition-insider-connected-person.html
</link>
<description>
SEBI Prohibition of Insider Trading Regulations 2015-Strict Widened Definition, Scope of Insider, Connected Person, Unpublished Price Sensitive Information
</description>
</item>
<item>
<title>
SC-High Court under Article 227 No Jurisdiction to Interfere with Facts Finding
</title>
<pubDate>Sun, 18 Jan 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/sc-judgment/high-court-article-227-of-constitution-no-jurisdiction-to-interfere-with-facts-findings.html
</link>
<description>
Supreme Court- High Court have no jurisdiction under Article 227 of the Constitution with findings of facts. If Fleet Executive is Supervisor or Workman.
</description>
</item>
<item>
<title>
Delhi HC-Income-tax Rule 28AB not 28AA relevant for Charitable Institutions
</title>
<pubDate>Sun, 18 Jan 2015 12:39:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/delhi-hc/certificate-without-deduction-tds-section-197-rule-28ab-charitable-trust.html
</link>
<description>
Delhi HC-Income-tax Rule 28AB and not 28AA apply to a Charitable Institute for Certificate u/s 197 to receive income without Deduction of Tax at Source TDS
</description>
</item>
<item>
<title>
RBI Guidelines-Banks Allowed Insurance Broking Agency Business
</title>
<pubDate>Fri, 16 Jan 2015 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/guidelines-for-banks-undertaking-insurance-broking-and-agency-business.html
</link>
<description>
RBI- Entry of Bank into Insurance Business, Guidelines for Banks Undertaking Insurance Broking and Agency Business
</description>
</item>
<item>
<title>
Chhattisgarh HC-Service-tax on Restaurants Hotels Legally Valid
</title>
<pubDate>Thu, 15 Jan 2015 16:40:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/chhattisgarh-high-court-service-tax-levy-restaurants-hotel-valid-and-constitutional.html
</link>
<description>
Chhattisgarh HC-Service-tax levy Section 66Ei on Restaurants Hotels not ulta vires. In Article 366(29A)(f) service is subsumed in sale of food drinks
</description>
</item>
<item>
<title>
SC Judgment-Section 1023Cvi Proviso Conditions at Initial Approval Stage
</title>
<pubDate>Thu, 15 Jan 2015 16:40:00 GMT</pubDate>
<link>
https://abcaus.in/sc-judgment/section-1023cvi-incometax-conditions-third-proviso-at-stage-of-initial-approval.html
</link>
<description>
SC Judgment-Income Tax Section 1023Cvi Proviso 3 Conditions not applicable at Initial Approval Stage
</description>
</item>
<item>
<title>
SEBI Cautions Investors From Entities Barred From Raising Money
</title>
<pubDate>Thu, 15 Jan 2015 16:40:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/cautions-investors-not-to-invest-in-schemes-offered-by-entities-barred-from-raising-money.html
</link>
<description>
SEBI Cautions Investors Not to Invest in Scheme Offered by Entities Barred From Raising Money. List of 63 Barred Entities from 03-05-2011 to 06-01-2015
</description>
</item>
<item>
<title>
Union Budget 2015-16-FinanceMinistry Inviting Suggestions
</title>
<pubDate>Wed, 14 Jan 2015 16:40:00 GMT</pubDate>
<link>
https://abcaus.in/finance-ministry/invitation-to-submit-email-suggestions-for-union-budget-2015-16.html
</link>
<description>
Finance Ministry is inviting suggestions for the Union Budget 2015-16 from general public through email budsugg.1516@gov.in
</description>
</item>
<item>
<title>
Allahabad HC-Approval section 1023C(vi) Income Tax Other Objects
</title>
<pubDate>Tue, 13 Jan 2015 16:40:00 GMT</pubDate>
<link>
https://abcaus.in/allahabad-high-court/income-tax-approval-1023c-vi-educational-institute-university-existing-solely-other-objects.html
</link>
<description>
Allahabad HC-Approval us section 1023C(vi) Income Tax. Other Objects does not mean university, institution not existing solely for education but for profit
</description>
</item>
<item>
<title>
CBDT Instruction 1-2015-ITR Refund Processing in Notice Issued Case
</title>
<pubDate>Tue, 13 Jan 2015 16:40:00 GMT</pubDate>
<link>
https://abcaus.in/cbdt-instruction/income-tax-return-refund-processing-section-143-where-notice-issued.html
</link>
<description>
CBDT Instruction 01-2015-Processing of Income Tax Returns (ITR) with Refund Claims under Section 143(1) Where Notice Already Issued us 143(2)
</description>
</item>
<item>
<title>
RBI-Fraud by Multi Level Chain Marketing MLM Scheme Companies
</title>
<pubDate>Tue, 13 Jan 2015 16:40:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/fraud-high-returns-claims-by-multi-level-chain-marketing-mlm-schemes-companies.html
</link>
<description>
RBI Cautions against Fraudulent Promises of High Returns Offered by Companies Running Multi Level Marketing-MLM, Chain Marketing, Pyramid Structure Schemes
</description>
</item>
<item>
<title>
National IP(Patents Trademark and Designs) Awards 2015
</title>
<pubDate>Tue, 13 Jan 2015 16:40:00 GMT</pubDate>
<link>
https://abcaus.in/patent-trademark/annual-intellectual-awards-2015-wipo-award-program-application-form.html
</link>
<description>
National Intellectual Property Awards 2015. Patents Trademark Designs Creation innovation commercialisation, World Intellectual Property Organisation
</description>
</item>
<item>
<title>
SEBI Circular-Index Based Market-wide Circuit Breaker Mechanism
</title>
<pubDate>Mon, 12 Jan 2015 16:40:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/index-based-market-wide-circuit-breaker-mechanism-by-stock-exchanges-circular.html
</link>
<description>
SEBI Circular-Steps to Strengthen Implementation of Index Based Market-wide Circuit Breaker Mechanism by Stock Exchanges
</description>
</item>
<item>
<title>
Cos Act 2013-RD-North Officers to File Duplicate DIN Complaints
</title>
<pubDate>Mon, 12 Jan 2015 16:40:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/notification-authority-for-filing-duplicate-din-complaints-section-155-159.html
</link>
<description>
Regional Director-North Officers Who are Authorized to File Complaints for Duplicate Directors Identification Number-DIN
</description>
</item>
<item>
<title>
RBI-Depositors Educational Awareness Fund Grant and Financial Assistance
</title>
<pubDate>Mon, 12 Jan 2015 16:40:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/guidelines-criteria-institutions-seeking-financial-assistance-depositor-education-awareness-fund.html
</link>
<description>
RBI Guidelines Criteria for Institutions Seeking Grant, Financial Assistance from Depositors Educational Awareness Fund
</description>
</item>
<item>
<title>
Madras-HC-Advance Tax Interest-234C Payment Date is Cheque Presentation
</title>
<pubDate>Sun, 11 Jan 2015 13:40:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/advance-tax-payment-date-interest-calculation-section-234c-is-cheque-presentation.html
</link>
<description>
Madras High Court-Date of Payment of Income-tax Advance-tax is Date of Cheque Presentation not Clearing for Interest Calculation under Section 234C
</description>
</item>
<item>
<title>
CBDT-Draft Income Computation and Disclosure Standards-ICDS us 145-2
</title>
<pubDate>Fri, 09 Jan 2015 18:57:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-draft-icds-section-145-2-of-income-tax-act-1961.html
</link>
<description>
CBDT-Central Government Draft 12 Income Computation and Disclosure Standards-ICDS u/s 145(2) Income-tax Act for income from Business Profession, Other Sources
</description>
</item>
<item>
<title>
CBDT-Draft ICDS Accounting Policies u/s 145-2 Income-tax Act 1961
</title>
<pubDate>Fri, 09 Jan 2015 18:57:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/draft-income-computation-disclosure-standrads/cbdt-icds-accounting-policies.html
</link>
<description>
CBDT-Draft Income Computation and Disclosure Standards-ICDS on Accounting Policies u/s 145-2 Income-tax Act 1961 for Business and Other Sources Income
</description>
</item>
<item>
<title>
CBDT-Draft ICDS Borrowing Costs us 145-2 Income-tax Act 1961
</title>
<pubDate>Fri, 09 Jan 2015 18:57:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/draft-income-computation-disclosure-standrads/cbdt-icds-borrowing-costs.html
</link>
<description>
CBDT-Draft Income Computation and Disclosure Standards-ICDS on Borrowing Costs u/s 145-2 Income-tax Act 1961 for Business and Other Sources Income
</description>
</item>
<item>
<title>
CBDT-Draft ICDS Construction Contracts us 145-2 Income-tax Act 1961
</title>
<pubDate>Fri, 09 Jan 2015 18:57:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/draft-income-computation-disclosure-standrads/cbdt-icds-construction-contracts.html
</link>
<description>
CBDT-Draft Income Computation and Disclosure Standards-ICDS on Construction Contracts u/s 145-2 Income-tax Act 1961 for Business and Other Sources Income
</description>
</item>
<item>
<title>
CBDT-Draft ICDS Effects of Changes in Foreign Exchange Rates
</title>
<pubDate>Fri, 09 Jan 2015 18:57:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-draft-icds-effects-of-changes-in-foreign-exchange-rates.html
</link>
<description>
CBDT-Draft Income Computation and Disclosure Standards-ICDS on Effects of Changes in Foreign Exchange Rates u/s 145-2 Income-tax Act 1961
</description>
</item>
<item>
<title>
CBDT-Draft ICDS Government Grants us 145-2 Income-tax Act 1961
</title>
<pubDate>Fri, 09 Jan 2015 18:57:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/draft-income-computation-disclosure-standrads/cbdt-icds-government-grants.html
</link>
<description>
CBDT-Draft Income Computation and Disclosure Standards-ICDS on Government Grants u/s 145-2 Income-tax Act 1961 for Business and Other Sources Income
</description>
</item>
<item>
<title>
CBDT-Draft ICDS Intangible Assets us 145-2 Income-tax Act 1961
</title>
<pubDate>Fri, 09 Jan 2015 18:57:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/draft-income-computation-disclosure-standrads/cbdt-icds-intangible-assets.html
</link>
<description>
CBDT-Draft Income Computation and Disclosure Standards-ICDS on Intangible Assets u/s 145-2 Income-tax Act 1961 for Business and Other Sources Income
</description>
</item>
<item>
<title>
CBDT-Draft ICDS Valuation of Inventories us 145-2 Income-tax Act 1961
</title>
<pubDate>Fri, 09 Jan 2015 18:57:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/draft-income-computation-disclosure-standrads/cbdt-icds-valuation-of-inventories.html
</link>
<description>
CBDT-Draft Income Computation and Disclosure Standards-ICDS on Valuation of Inventories u/s 145-2 Income-tax Act 1961 for Business and Other Sources Income
</description>
</item>
<item>
<title>
CBDT-Draft ICDS on Leases section 145-2 Income-tax Act 1961
</title>
<pubDate>Fri, 09 Jan 2015 18:57:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/draft-income-computation-disclosure-standrads/cbdt-icds-leases.html
</link>
<description>
CBDT-Draft Income Computation and Disclosure Standards-ICDS on Leases u/s 145-2 Income-tax Act 1961 for Business and Other Sources Income
</description>
</item>
<item>
<title>
CBDT-Draft ICDS Provisions Contingent Liabilities and Assets
</title>
<pubDate>Fri, 09 Jan 2015 18:57:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-draft-icds-provisions-contingent-liabilities-and-contingent-assets.html
</link>
<description>
CBDT-Draft Income Computation and Disclosure Standards-ICDS on Provisions Contingent Liabilities and Assets u/s 145-2 Income-tax Act 1961
</description>
</item>
<item>
<title>
CBDT-Draft ICDS Revenue Recognition us 145-2 Income-tax Act 1961
</title>
<pubDate>Fri, 09 Jan 2015 18:57:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/draft-income-computation-disclosure-standrads/cbdt-icds-revenue-recognition.html
</link>
<description>
CBDT-Draft Income Computation and Disclosure Standards-ICDS on Revenue Recognition u/s 145-2 Income-tax Act 1961 for Business and Other Sources Income
</description>
</item>
<item>
<title>
CBDT-Draft ICDS on Securities us 145-2 Income-tax Act 1961
</title>
<pubDate>Fri, 09 Jan 2015 18:57:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/draft-income-computation-disclosure-standrads/cbdt-icds-securities.html
</link>
<description>
CBDT-Draft Income Computation and Disclosure Standards-ICDS on Securities u/s 145-2 Income-tax Act 1961 for Business and Other Sources Income
</description>
</item>
<item>
<title>
CBDT-Draft ICDS Tangible Fixed Assets us 145-2 Income-tax Act 1961
</title>
<pubDate>Fri, 09 Jan 2015 18:57:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/draft-income-computation-disclosure-standrads/cbdt-icds-tangible-fixed-assets.html
</link>
<description>
CBDT-Draft Income Computation and Disclosure Standards-ICDS Tangible Fixed Assets u/s 145-2 Income-tax Act 1961 for Business and Other Sources
</description>
</item>
<item>
<title>
SEBI Discussion Paper-Capital Raising Process EIPO FPO Right Issue
</title>
<pubDate>Thu, 08 Jan 2015 16:30:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/discussion-paper-capital-raising-process-proposals-for-public-eipo-fpo-right-issue.html
</link>
<description>
SEBI-Discussion Paper on Revisiting the Capital-raising Process. E-IPO, FPO, Right Public Issue Fast Track Proposals
</description>
</item>
<item>
<title>
RBI-Revised CA Auditor Certificate for Bank Agency Commission Claims
</title>
<pubDate>Thu, 08 Jan 2015 16:30:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/revised-format-of-ca-auditor-certification-of-bank-agency-commission-claims.html
</link>
<description>
RBI-Revised Format of Certification of Agency Commission Claims by Bank Branches by External Chartered Accountants Auditors
</description>
</item>
<item>
<title>
RBI-Modification to Wilful Defaulter Master Circular 07-01-2015
</title>
<pubDate>Thu, 08 Jan 2015 16:30:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/mastercirculars/wilful-defaulters-modification-guidelines-for-nominee-independent-directors.html
</link>
<description>
RBI Makes Modification to Wilful Defaulter Master Circular for Limited Role of Non-Promoter Non-Whole Time Nominee and Independent Directors
</description>
</item>
<item>
<title>
CBEC Circular-Pre-deposit Duty Drawback Penalty for Fling Appeal
</title>
<pubDate>Wed, 07 Jan 2015 16:50:00 GMT</pubDate>
<link>
https://abcaus.in/cbec-circular/mandatory-pre-deposit-for-duty-drawback-demand-section-129e-appeals.html
</link>
<description>
CBEC Circular 05-01-2015- Mandatory Pre-deposit Payable for Demand of Drawback under New Section 129E for Filing Appeals- Clarification
</description>
</item>
<item>
<title>
MSME E-Book on Schemes Programmes and Good Governance
</title>
<pubDate>Wed, 07 Jan 2015 16:50:00 GMT</pubDate>
<link>
https://abcaus.in/micro-small-medium-enterprise/msme-ebook-schemes-achievements-programmes-good-governance.html
</link>
<description>
Micro Small Medium Enterprises MSME E-Book on Achievements, Schemes Programmes, Good Governance Initiatives, Skill Development Future Action Plan
</description>
</item>
<item>
<title>
CBDT- Income-tax assessment Cases Time-barring on 31-03-2015
</title>
<pubDate>Wed, 07 Jan 2015 16:50:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-circular-exchange-of-info-on-assessment-cases-time-barring-on-31-03-2015.html
</link>
<description>
CBDT Letter to Pr-CIT and DGIT on Exchange of Information from Field Offices relate to Income Tax Assessment Cases Getting Time Barred on 31-03-2015
</description>
</item>
<item>
<title>
ICAI CPE Hour Compliance Extension 31-12-2015 Calendar Year 2014
</title>
<pubDate>Wed, 07 Jan 2015 16:42:00 GMT</pubDate>
<link>
https://abcaus.in/icai/cpe-compliance-chartered-accountants-last-date-extension-31-03-2015-calendar-year-2014.html
</link>
<description>
ICAI Extension of Last Date for Compliance of CPE Hour Requirement from 31-12-2014 to 31-12-2015 for Calendar Year 2014
</description>
</item>
<item>
<title>
CBDT Prohibits Individual Taxpayer Information Disclosure to Media
</title>
<pubDate>Tue, 06 Jan 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/cbdt-circular/strict-prohibition-disclosure-individual-income-tax-payers-confidential-information-media.html
</link>
<description>
CBDT Circular dated 01-01-2015 Strictly Prohibiting Disclosure of Individual Taxpayers Confidential Information to Electronic-Print Media
</description>
</item>
<item>
<title>
CBDT Instruction-Observe Wednesday as Income-tax Public Meeting Day
</title>
<pubDate>Tue, 06 Jan 2015 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/cbdt-circular/observance-of-wednesday-as-income-tax-public-meeting-day-hearing-public-grievances.html
</link>
<description>
CBDT Instruction 06-01-2015 Observance of Wednesday as Public Meeting Day for Hearing Income-tax Public Grievances during 10AM to 1 PM
</description>
</item>
<item>
<title>
CPC-TDS Standard Operating Procedure for Corporate Connect TDS Compliance
</title>
<pubDate>Tue, 06 Jan 2015 03:14:00 GMT</pubDate>
<link>
https://abcaus.in/tdscpc/standard-operating-procedure-sop-for-corporate-connect-tds-compliance.html
</link>
<description>
Draft of CPC-TDS Standard Operating Procedure SOP for Corporate Connect TDS Compliance for non-adversarial tax administration
</description>
</item>
<item>
<title>
CPC-TDS Standard Operating Procedure for OLTAS State AG AIN Reconciliation
</title>
<pubDate>Tue, 06 Jan 2015 03:14:00 GMT</pubDate>
<link>
https://abcaus.in/tdscpc/standard-operating-procedure-sop-for-ain-state-ag-oltas-reconciliation.html
</link>
<description>
Draft of CPC-TDS Standard Operating Procedure SOP for Reconciliation of TDS reported by AINs with payments through OLTAS by State AGs
</description>
</item>
<item>
<title>
CPC-TDS Standard Operating Procedure for Resolvable Collectible TDS Demand
</title>
<pubDate>Tue, 06 Jan 2015 03:14:00 GMT</pubDate>
<link>
https://abcaus.in/tdscpc/standard-operating-procedure-sop-resolvable-collectible-tds-demand.html
</link>
<description>
Draft of CPC-TDS Standard Operating Procedure SOP for Resolvable Collectible TDS Demand and Role of TDS Authorities in addressing the issue
</description>
</item>
<item>
<title>
CPC-TDS Standard Operating Procedure for Top Deductors Paying Less or No tax
</title>
<pubDate>Tue, 06 Jan 2015 03:14:00 GMT</pubDate>
<link>
https://abcaus.in/tdscpc/standard-operating-procedure-sop-top-deductors-paying-less-no-tax-previous-years.html
</link>
<description>
Draft of CPC-TDS Standard Operating Procedure Sop for Top Deductors Paying Less/No Tax with Respect to Previous Financial Years
</description>
</item>
<item>
<title>
CPC-TDS Standard Operating Procedure for TDS Authorities Roles in Unconsumed Challan
</title>
<pubDate>Tue, 06 Jan 2015 03:14:00 GMT</pubDate>
<link>
https://abcaus.in/tdscpc/standard-operating-procedure-sop-for-role-of-tds-authorities-in-unconsumed-challans.html
</link>
<description>
Draft of CPC-TDS Standard Operating Procedure Sop for Role of TDS Authorities in addressing the issue of Unconsumed TDS Challan on the Computer System
</description>
</item>
<item>
<title>
CPC-TDS Standard Operating Procedure for matching Unconsumed TDS Challan
</title>
<pubDate>Tue, 06 Jan 2015 03:14:00 GMT</pubDate>
<link>
https://abcaus.in/tdscpc/standard-operating-procedure-sop-for-matching-the-unconsumed-tds-challans.html
</link>
<description>
Draft of CPC-TDS Standard Operating Procedure Sop for Matching the Unconsumed TDS Challan on the Computer System
</description>
</item>
<item>
<title>
CPC-TDS Standard Operating Procedure SOP for TDS Administration
</title>
<pubDate>Tue, 06 Jan 2015 03:14:00 GMT</pubDate>
<link>
https://abcaus.in/tdscpc/standard-operating-procedure-sop-for-administering-tds-processes-developed-by-cpc-tds.html
</link>
<description>
CPC-TDS Standard Operating Procedure SOP for TDS Administration for various features in re-engineered processes developed by Centralized Processing Cell
</description>
</item>
<item>
<title>
Delhi HC-Furniture Fixture as Cost of Acquisition for Capital Gain Tax
</title>
<pubDate>Mon, 05 Jan 2015 18:41:00 GMT</pubDate>
<link>
https://abcaus.in/delhi-hc/deductibility-furniture-fixture-cost-of-acquisition-improvement-capital-gain-tax.html
</link>
<description>
Delhi High Court-Deductibility of Amount Paid for Furniture Fixture with Purchase of Property as Cost of Acquisition Improvement for Capital Gain Tax
</description>
</item>
<item>
<title>
11497 crores collected us 234E I tax for FY 2013-14 2014-15-RTI Reply
</title>
<pubDate>Sun, 04 Jan 2015 18:55:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/collection-amount-under-secion-234e-fy-2013-14-fy-2014-15-rti-reply-17497-crores.html
</link>
<description>
As per RTI Reply, Income Tax Department has collected u/s 234E Rs. 10134 crores in FY 2013-14 and 7363 in FY 2014-15 till October 2014 for late tds returns
</description>
</item>
<item>
<title>
Post Office Savings Account ATM-Debt Cards, Statements of Accounts
</title>
<pubDate>Sun, 04 Jan 2015 16:00:00 GMT</pubDate>
<link>
https://abcaus.in/post-office-savings-account/issue-of-atm-debit-cards-account-statements-to-account-holders-cbs-branches.html
</link>
<description>
Issue of ATM cum Debt Cards and Statements of Account in Lieu of Passbook For CBS Post Office Savings Accounts
</description>
</item>
<item>
<title>
Revised Applicability of Cost Records and Cost Audit
</title>
<pubDate>Fri, 02 Jan 2015 17:43:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/costauditrules/costrecordsandauditrules2014.html
</link>
<description>
Companies Cost Records Audit Amendment Rules 2014. Notification 31-12-2014. Revised Applicability of Cost Audit Records and Cost Audit
</description>
</item>
<item>
<title>
Cost Records Maintenance- Revised Form CRA-1
</title>
<pubDate>Fri, 02 Jan 2015 17:43:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/costauditrules/costrecordformcra1.html
</link>
<description>
Companies Cost Records Audit Amendment Rules 2014. Notification 31-12-2014. Maintenance of Cost Audit Records Form CRA-1 Cos Act 2013 section 148
</description>
</item>
<item>
<title>
Revised Cost Auditors Appointment and Report Form CRA-2-3 Form
</title>
<pubDate>Fri, 02 Jan 2015 17:43:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/costauditreportcra3/cost-auditor-appointment-powers.html
</link>
<description>
Companies Cost Records Audit Amendment Rules 2014 Notification 31-12-2014 Auditors Appointment, Report Form CRA2 CRA-3, Cos Act 2013 Section 148
</description>
</item>
<item>
<title>
Cos Cost Records Audit Amendment Rules 2014 Changes Summary
</title>
<pubDate>Fri, 02 Jan 2015 17:43:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/cost-records-audit-amendment-rules-2014/summary-of-changes-new-forms.html
</link>
<description>
MCA Notification Companies Cost Records and Audit Amendment Rules 2014 dated 31-12-2014. Summary of Changes made and revised Form CRA-1-3
</description>
</item>
<item>
<title>
DRP Headquarters, Jurisdiction Cases Classes of assessee us 144C
</title>
<pubDate>Fri, 02 Jan 2015 14:18:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/dispute-resolution-panel/drp-headquarter-jurisdiction-cases-classes-assessee-144c.html
</link>
<description>
Income-tax Dispute Resolution Panel Head-Quarters, Jurisdiction and Power for Cases or classes of cases for Eligible Assessees u/s 144C Income-tax Act 1961
</description>
</item>
<item>
<title>
DPR Delhi, Mumbai Bengaluru Headquarters and Jurisdiction Areas
</title>
<pubDate>Thu, 01 Jan 2015 19:49:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/dispute-resolution-panel/dpr-headquarter-delhi-mumbai-bengaluru-and-jurisdiction-area.html
</link>
<description>
Income Tax Notification CBDT Power to Constitute DPR Headquarter at Delhi, Mumbai and Bengaluru and their Jurisdiction Areas. DPR Rules 2009 Amendment
</description>
</item>
<item>
<title>
Delhi Police Himmat Android Mobile Application for Women Safety
</title>
<pubDate>Thu, 01 Jan 2015 17:47:00 GMT</pubDate>
<link>
https://abcaus.in/delhi-police/download-himmat-andriod-mobile-phone-application-women-emergency-safety-sos-alert.html
</link>
<description>
Launch of Delhi Police Himmat Android based Mobile Application for Women Safety 01-01-2015. Send Emergency SOS Alerts to Police Control and Relatives
</description>
</item>
<item>
<title>
Notification-01-2015 Incometax DPR Reporting Structure CCIT Members
</title>
<pubDate>Thu, 01 Jan 2015 17:47:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/dispute-resolution-panel/notification-new-reporting-structure-cit-members-delhi-pune-begaluru.html
</link>
<description>
Notification-01-2015 Income-tax Dispute Resolution Panel New Reporting Structure for CIT Members of DPR-1-2 Delhi, Pune and Bengaluru
</description>
</item>
<item>
<title>
Govt appoints MD CEO of IOB OBC UBI Vijaya Bank Separates Chairman Post
</title>
<pubDate>Wed, 31 Dec 2014 15:28:00 GMT</pubDate>
<link>
https://abcaus.in/psb/govt-appoints-md-ceo-of-iob-obc-vijaya-bank-ubi-separates-post-of-chairman-md-and-ceo.html
</link>
<description>
Govt Appoints MD CEO of 4 PSB IOB OBC UBI Vijaya Bank. Separates Chairman Post and MD and CEO. Fresh Procedure for A Category Large Banks
</description>
</item>
<item>
<title>
Govt. notifies Reliance Retirement Pension Fund for deduction 80C xiv
</title>
<pubDate>Wed, 31 Dec 2014 07:11:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/govt-notification-reliance-retirement-pension-fund-deduction-section-80c-xiv.html
</link>
<description>
Central Government Notifies Reliance Retirement Pension Fund as eligible for deduction under section 80C xiv. Income Tax notification 90/2014 23-12-2014
</description>
</item>
<item>
<title>
SEBI-FFIs Register with US IRS to obtain GIN before 01-01-2015
</title>
<pubDate>Tue, 30 Dec 2014 18:11:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/foreign-financial-institutions-ffis-fatca-us-irs-giin-registration-before-01-01-2015.html
</link>
<description>
SEBI- FFIs Registration with US-IRS for FATCA and obtaining Global Intermediary Identification Number GIIN before 01-01-2015
</description>
</item>
<item>
<title>
SEBI Draft Regulations-Issue Listing of Municipal Bonds 2015
</title>
<pubDate>Tue, 30 Dec 2014 18:11:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/municipal-bonds-public-issue-by-municipalities-corporations-draft-regulations-2015.html
</link>
<description>
SEBI-Issue and Listing of Debt Securities by Municipality Draft Regulations, 2015. Public Issue of Municipal Bonds by Corporations and Municipalities
</description>
</item>
<item>
<title>
Transfer Postings Additional Charge in the Grade of PRCCIT PRDGIT CCIT DGIT
</title>
<pubDate>Tue, 30 Dec 2014 03:59:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-order/transfer-posting-additional-charge-prccit-prdgit-ccit-dgit-29-12-2014.html
</link>
<description>
CBDT Order-Transfer Postings and Additional Charge in the grade of Pr. CCIT, Pr. DGIT, CCIT, DGIT from 29-12-2014 and 31-12-2014
</description>
</item>
<item>
<title>
SEBI Complaints Redress System SCORES-Investor Grievances Redressal
</title>
<pubDate>Mon, 29 Dec 2014 17:44:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/online-complaints-redressal-system-scores-investor-greviances-email-authentication.html
</link>
<description>
SEBI Online Complaints Redress System SCORES For Investor Grievances Redressal. Companies to obtain User ID Password Authentication within One Month
</description>
</item>
<item>
<title>
RBI-Indian Foreign Direct Investment-Charge Creation Permission by Bank
</title>
<pubDate>Mon, 29 Dec 2014 17:44:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/indian-foreign-direct-investment-rationlization-liberalization-charge-creation-bank-permission.html
</link>
<description>
RBI-Overseas Direct Investment by Indian Party Liberalization Rationalization, Bank Charge Creation Permission in Favour of Domestic Foreign Lenders
</description>
</item>
<item>
<title>
ICAI to take Disciplinary Action against CAs based on CAG Report
</title>
<pubDate>Mon, 29 Dec 2014 13:49:00 GMT</pubDate>
<link>
https://abcaus.in/icai/discliplinary-action-against-cas-for-more-than-prescribed-limit-tax-audit-as-per-cag-report.html
</link>
<description>
ICAI to take Disciplinary Action against all Chartered Accountant Members who did Tax Audit, u/s 44AB, more than the limit prescribed by the Institute
</description>
</item>
<item>
<title>
CBEC Circular Settlement Commission Cases Transfer to Call-Book
</title>
<pubDate>Sun, 28 Dec 2014 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/cbec-circular/transfer-of-cases-filed-in-admitted-by-Settlement-Commission-to-call-book.html
</link>
<description>
CBEC Circular 992 26-12-2014-Clarification on Transfer of Cases admitted in Settlement Commission to Call-book in Addition to 3 Prescribed Categories
</description>
</item>
<item>
<title>
DBTL Scheme-Bank A/c Subsidy Transfer 01-01-2015 Register Aadhaar
</title>
<pubDate>Sun, 28 Dec 2014 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/pahal-dbtl/direct-subsidy-benefit-transfer-scheme-for-lpg-gas-consumer-with-without-aadhaar.html
</link>
<description>
PAHAL Direct Benefit Transfer for LPG Consumer DBTL Scheme from 01-01-2015. Register With or Without Aadhaar for Subsidy Credit to Bank Account
</description>
</item>
<item>
<title>
Quarterly TDS returns Processing Changes for Challan PAN Errors
</title>
<pubDate>Sat, 27 Dec 2014 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/tdscpc/quarterly-tds-returns-processing-change-challan-pan-error-corrections-before-cpc-default.html
</link>
<description>
Quarterly TDS Returns Processing Changes for Identification of Challan Short Payment PAN Errors and Correction before CPC TDS Computes Default
</description>
</item>
<item>
<title>
Excel Format of Application for Income Tax Compounding of Offences
</title>
<pubDate>Sat, 27 Dec 2014 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/excel-format-latest-application-for-compounding-of-offences-cbdt-new-guidelines.html
</link>
<description>
Excel Format of New Application to be made wef 01-01-2015 for Income Tax Compounding of Offences
</description>
</item>
<item>
<title>
National Consumer Service Helplines Grahak Suvidha Kendras
</title>
<pubDate>Sat, 27 Dec 2014 03:00:00 GMT</pubDate>
<link>
https://abcaus.in/ministry-consumer-affairs/national-consumer-helplines-setting-up-grahak-suvidha-kendras.html
</link>
<description>
Ministry of Consumer Affairs has launched Scheme on National Consumer Helpline for consumer in all States and setting up Grahak Suvidha Kendras
</description>
</item>
<item>
<title>
CBDT New Guidelines-Income Tax Compounding of Offences wef 2015
</title>
<pubDate>Fri, 26 Dec 2014 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/cbdt-circular/compounding-of-offences-new-guidelines-income-tax-act-1961-from-01-01-2015.html
</link>
<description>
CBDT New Guidelines for Compounding of Offences dated 23-12-2014 under Chapter XXII Income Tax Act, 1961 from 01-01-2015. Category A and B Offences
</description>
</item>
<item>
<title>
MoF- E-Book on IT based Good Governance Initiatives Taken
</title>
<pubDate>Fri, 26 Dec 2014 03:50:00 GMT</pubDate>
<link>
https://abcaus.in/finance-ministry/e-book-good-goverance-initiatives-use-of-it-applications-25-12-2014.html
</link>
<description>
Ministry of Finance launched e-book on good governance initiatives and effective use of IT based applications on Sushashan Diwas Day 25-12-2014
</description>
</item>
<item>
<title>
SC-Place of Notice, Cheque Dishonor not relevant in deciding Court Jurisdiction u/s 138 NI Act
</title>
<pubDate>Thu, 25 Dec 2014 05:35:00 GMT</pubDate>
<link>
https://abcaus.in/sc-judgment/place-of-issuing-notice-cheque-dishonor-and-court-jurisdiction-us-138-negotiable-instrument-act.html
</link>
<description>
SC Judgment-Place of Notice or Cheque Presentation, Dishonor No factor for Deciding Court Jurisdiction to take cognizance us 138 Negotiable Instrument Act
</description>
</item>
<item>
<title>
SC-Mobile Phone Charge is Accessory Leviable to Higher Rate VAT
</title>
<pubDate>Wed, 24 Dec 2014 13:21:00 GMT</pubDate>
<link>
https://abcaus.in/sc-judgment/mobile-phone-charger-is-accessory-leviable-to-punjab-vat-at-higher-rate.html
</link>
<description>
Supreme Court-Mobile Phone Charger is Accessory Not Integral-Composite Part and is Leviable to Punjab VAT at Higher Rate of 12.5%
</description>
</item>
<item>
<title>
RBI-Bank Notes 2005 Withdrawal Deadline Date Extended 30-06-2015
</title>
<pubDate>Tue, 23 Dec 2014 16:29:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/bank-notes-issued-prior-2005-withdrawal-deposit-exchange-deadline-extended-30-06-2015.html
</link>
<description>
RBI- Circulation Withdrawal of Bank Notes Issued Prior 2005. Deadline Date to Deposit in Bank Account, Exchange Extended from 01-01-2015 to 30-06-2015
</description>
</item>
<item>
<title>
Use of only Indian email web services in Government-Delhi HC Order
</title>
<pubDate>Tue, 23 Dec 2014 16:29:00 GMT</pubDate>
<link>
https://abcaus.in/delhi-hc/use-of-email-web-services-of-nic-or-controlled-hosted-in-india-by-govt-deptts.html
</link>
<description>
Use of email, web services of NIC or Own Controlled and Hosted in India by State, Central Government Departments/Ministries as per Delhi High Court Order
</description>
</item>
<item>
<title>
CAG- List of CAs issuing more than 400 Tax Audit Report and ITD RTI Reply in 2008
</title>
<pubDate>Tue, 23 Dec 2014 06:18:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/tax-audit-reports/CAG-list-of-chartered-accountants-issuing-more-than-400-tar.html
</link>
<description>
CAG Report on Chartered Accountants TAX Audits Reports. List of CAs issuing more than 400 Report. ITD RTI Reply Communicated to ICAI in 2008
</description>
</item>
<item>
<title>
RBI Guidelines to Bank for Classifying Non-Cooperative Borrowers
</title>
<pubDate>Tue, 23 Dec 2014 03:30:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/guidelines-for-bank-to-classify-review-report-non-cooperative-borrowers.html
</link>
<description>
RBI Guidelines to Bank for Classifying and Reporting Non-Cooperative Borrowers including Person in Charge, Promotors Directors. Cut Off Limit 50 Million
</description>
</item>
<item>
<title>
No State to Lose Revenue from Constitution Amendment Bill on GST
</title>
<pubDate>Mon, 22 Dec 2014 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/goods-service-tax/no-states-to-lose-revenue-from-gst-constitution-amendment-bill.html
</link>
<description>
Provisions Made in the GST Constitution Amendment Bill to Ensure that None of the States to Lose any Revenue from its Implementation-Finance Minister
</description>
</item>
<item>
<title>
ICAI-Audit Engagement Letter Word Format under Cos Act 2013 us 143-3
</title>
<pubDate>Mon, 22 Dec 2014 17:58:00 GMT</pubDate>
<link>
https://abcaus.in/icai/audit-engagement-letter-ms-word-format-companies-act-2013-section-143-3.html
</link>
<description>
ICAI-MS Word Format of Audit Engagement Letter for Financial Statements under Companies Act 2013 When Reporting us 143(3)(i) is Applicable or Not
</description>
</item>
<item>
<title>
SC Grants Stay on Delhi HC Verdict on Service Tax Audit Rule 5A2
</title>
<pubDate>Mon, 22 Dec 2014 09:25:00 GMT</pubDate>
<link>
https://abcaus.in/servicetaxaudit/SC-grants-stay-on-delhi-hc-judgment-declaring-rule-5A2-ultra-vires.html
</link>
<description>
Supreme Court Grants Stay on Delhi High Court Judgement on Service Tax Audit in Travelite India Case Declaring Rule 5A(2) as Ultra Vires
</description>
</item>
<item>
<title>
SEBI- List of 51 Barred Cos from Raising Money with No Registration
</title>
<pubDate>Sun, 21 Dec 2014 14:49:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/cautions-investors-not-to-invest-in-schemes-offered-by-barred-51-companies.html
</link>
<description>
SEBI Cautions Investors not to invest in Schemes Offered by-Entities Barred From Raising Money. Issues List of 51 Companies without registration
</description>
</item>
<item>
<title>
NSDL eTDS RPU version 4.2 FVU 4.5 Download Quarter-3 FY 2014-15
</title>
<pubDate>Sat, 20 Dec 2014 03:27:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/nsdl-etdstcs-rpu-version-4.2-released-quarterly-statements-q3-fy-2014-15-download.html
</link>
<description>
NSDL eTDS-TCS RPU 4.2 FVU Version 4.5 2.141 Download Quarterly Statements from FY 2007-08 Q3 December Returns FY 2014-15 Released
</description>
</item>
<item>
<title>
CBDT-Undisclosed Income Admission by Coercion in Search Survey
</title>
<pubDate>Fri, 19 Dec 2014 18:10:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-instruction/admission-of-undisclosed-income-under-coercion-pressure-during-search-survey.html
</link>
<description>
CBDT-Complaints of Undue Influence-Coercion of Assessees to Admit Undisclosed Income during Income-tax Searches Surveys Conducted to be Viewed Adversely
</description>
</item>
<item>
<title>
India\x92s signs first Income Tax Bilateral APA with Japanese Company
</title>
<pubDate>Fri, 19 Dec 2014 12:55:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/apa-faq/india-signs-first-bilateral-advance-pricing-agreement-with-japanese-company.html
</link>
<description>
India\x92s signs first Bilateral Advance Pricing Agreement APA with Japanese Company. APA Provisions Income Tax Rule 10F to 10T Guidance with FAQ
</description>
</item>
<item>
<title>
ICAI MEF Revised Draft Bank Branch Auditors Panel for FY 2014-15
</title>
<pubDate>Fri, 19 Dec 2014 12:55:00 GMT</pubDate>
<link>
https://abcaus.in/icai-mef/MultipurposeEmpanelmentForm2014-15.html
</link>
<description>
ICAI Revised MEF Draft Bank Branch Auditor Panel 2014-15. To Check category and remarks, click on the relevant interval of MEF
</description>
</item>
<item>
<title>
Proposed Changes in NSDL eTDS RPU FVU Version FY 2014-15 Q3
</title>
<pubDate>Fri, 19 Dec 2014 12:55:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/proposed-new-version-of-nsdl-etds-etcs-rpu-fvu-features-fy-2014-15-q3.html
</link>
<description>
Proposed New Version Release of NSDL Return Preparation Utility RPU, File Validation Utility FVU Incorporating New Sections Features for Q3 FY 2014-15
</description>
</item>
<item>
<title>
CBDT-AADHAR Enabled Biometric Attendance System AEBAS Installation
</title>
<pubDate>Thu, 18 Dec 2014 18:55:00 GMT</pubDate>
<link>
https://abcaus.in/aebas/aadhaar-based-biometric-attendance-system-installation-cbdt-income-tax-offices.html
</link>
<description>
CBDT Issues Office Memorandum for -Installation of AADHAR Enabled Biometric Attendance System (AEBAS) in Income Tax Offices by 26-01-2015
</description>
</item>
<item>
<title>
AADHAR Enabled Biometric Attendance System AEBAS for Govt Employee
</title>
<pubDate>Thu, 18 Dec 2014 18:55:00 GMT</pubDate>
<link>
https://abcaus.in/aebas/aadhaar-based-biometric-attendance-system-central-state-govt-office-employee.html
</link>
<description>
Introduction of AADHAR Enabled Biometric Attendance System (AEBAS) for New Delhi, Central, State Government Office Employee with Finger Print Reader
</description>
</item>
<item>
<title>
Service Tax Levy on Advocates Constitutionally Valid-Bombay HC
</title>
<pubDate>Thu, 18 Dec 2014 18:31:00 GMT</pubDate>
<link>
https://abcaus.in/bombay-high-court/service-tax-levy-on-advocates-arbital-tribunal-constitutionlly-valid.html
</link>
<description>
Service tax on Advocates-What Holds Good for Chartered Accountants\x85.Must Equally Apply to .....advocates-Bombay High Court
</description>
</item>
<item>
<title>
Income Tax Rule 2BBB-Govt Financed University Hospital u/s 1023C
</title>
<pubDate>Tue, 16 Dec 2014 14:57:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/rule-2bbb-substantially-financed-govt-university-hospital-section-1023C.html
</link>
<description>
Income Tax Rule 2BBB-Percentage of Govt Grant for Considering University Hospital as Substantially Financed section 1023C Clause iiiab iiiac
</description>
</item>
<item>
<title>
Cos Amendment Bill 2014 Passed by Lok Sabha with Section-wise Changes
</title>
<pubDate>Tue, 16 Dec 2014 14:07:00 GMT</pubDate>
<link>
https://abcaus.in/companies-amendment-bill-2014/section-wise-summary-passed-in-lok-sabha.html
</link>
<description>
Companies Amendment Bill 2014 as Passed by Lok Sabha in Dec-2014 Download. Section-wise Summary of Changes made in Companies Act 2013
</description>
</item>
<item>
<title>
CBEC-Service Tax on Film Industry for Distribution Exhibition Agreements
</title>
<pubDate>Tue, 16 Dec 2014 04:36:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/cbec-clarification-service-tax-liability-film-industry-distribution-exhibition.html
</link>
<description>
CBEC Circular-Service Tax Levy on Film Industry for Distribution, Exhibition. JV, AOP Agreement with Exhibitor, Theatre Owner to share revenue Profit
</description>
</item>
<item>
<title>
RBI-Extension of RTGS Window Timing to 8 Hours-8AM to 9PM
</title>
<pubDate>Mon, 15 Dec 2014 18:26:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/extension-bank-rtgs-business-window-timing-eight-am-to-eight-pm.html
</link>
<description>
RBI Revision and Extension of RTGS Window Business Timing Hours to 8 Hours. 8AM to 9PM on Weekdays and 8AM to 3:30PM on Saturdays.
</description>
</item>
<item>
<title>
TDS not deductible on Charges paid for Credit Card Swipe machines
</title>
<pubDate>Mon, 15 Dec 2014 17:41:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/delhi-hc/tds-commission-194h-bank-charges-sales-credit-card-swipe-machines.html
</link>
<description>
Delhi High Court-Section 194H TDS Commission not Deductible on Charges, Fee Payable to Bank for Using Credit Card Swipe Machines for Sales
</description>
</item>
<item>
<title>
Presumptive Profit Rate Application to Tax Audit-Delhi High Court
</title>
<pubDate>Mon, 15 Dec 2014 03:55:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/delhi-hc/application-of-presumptive-profit-rate-44ad-to-tax-audit-case-44ab.html
</link>
<description>
Delhi High Court-Application of 8% Presumptive Rate of Net Profit 44AD to Tax Audit 44AB When Books of Accounts Stolen and No Comparison Made
</description>
</item>
<item>
<title>
Excel Auto Salary Arrears Relief Calculator Form 10E AY 2015-16
</title>
<pubDate>Sat, 13 Dec 2014 14:19:00 GMT</pubDate>
<link>
https://abcaus.in/incometaxforms/excelautoform10e.html
</link>
<description>
ABCAUS Excel Automatic Salary Arrears Relief Calculator Form 10E under Section 89 for AY 2015-16, 2014-15. Bulk, Single Employee Mode
</description>
</item>
<item>
<title>
SIT Second Report Suggestions Recommendation to Control Black Money
</title>
<pubDate>Fri, 12 Dec 2014 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/sit-black-money-probe/second-report-suggestions-recommendation-to-control.html
</link>
<description>
Special Investigation Team SIT Second Report on Black Money Released. Suggestions and Recommendation to Control Black Money
</description>
</item>
<item>
<title>
SIT Second Report on Black Money-Rs 4479 crores as per HSBC List
</title>
<pubDate>Fri, 12 Dec 2014 18:00:00 GMT</pubDate>
<link>
https://abcaus.in/sit-black-money-probe/second-report-rs-4479-crores-hsbc-swiss-list-action-taken-suggestions.html
</link>
<description>
Special Investigation Team SIT Second Report on Black Money Released. Rs. 4479 Crores as per HSBC List. Action Taken, Suggestions to Control Black Money
</description>
</item>
<item>
<title>
ICAI Fellow Membership to Associates on Service Period Basis
</title>
<pubDate>Fri, 12 Dec 2014 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/icai/fellow-membership-grant-on-five-continuous-years-service-employment-period-basis.html
</link>
<description>
Fellow Membership of Institute of Chartered Accountants of India ICAI to Associates Employed On the Basis of Five Years Continuous Service Period
</description>
</item>
<item>
<title>
CBDT Zone Distribution amongst Chairperson and Members from 12-12-2014
</title>
<pubDate>Fri, 12 Dec 2014 17:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdtmemberszonedistribution.html
</link>
<description>
CBDT Zone Distribution amongst Chairperson and Members from 12-12-2014
</description>
</item>
<item>
<title>
Income Tax e-filing CPC related Online Grievance Submission Enabled
</title>
<pubDate>Thu, 11 Dec 2014 18:48:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/submit-online-grievance-related-to-cpc-efiling-at-income-tax-e-filing-website.html
</link>
<description>
Option Facility to Submit Online Grievance Related to Income Tax e-filing or Central Processing Centre CPC Bengaluru Enabled at e-filing website
</description>
</item>
<item>
<title>
Now Submit Online Response to Outstanding Demand at Income-tax e-filing site
</title>
<pubDate>Thu, 11 Dec 2014 18:48:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/online-response-to-outstanding-tax-demand-option-at-income-tax-e-filing-website.html
</link>
<description>
Option Facility to Submit Online Response to Agree Disagree or Partially Agree with Outstanding Demand at Income-tax e-filing Website Enabled
</description>
</item>
<item>
<title>
CBDT Circular-Income Tax Deduction from Salaries FY 2014-15
</title>
<pubDate>Wed, 10 Dec 2014 19:14:00 GMT</pubDate>
<link>
https://abcaus.in/cbdt-circular/income-tax-rates-calculation-rebates-deductions-from-salaries-during-fy-2014-15.html
</link>
<description>
CBDT Circular 17/2014-Income Tax Rates, Rebates, Calculation, Deduction from Salaries under section 192 during FY 2014-15
</description>
</item>
<item>
<title>
CBEC Circular-Service Tax Audit by Departmental Officers now has clear Statutory Backing
</title>
<pubDate>Wed, 10 Dec 2014 14:47:00 GMT</pubDate>
<link>
https://abcaus.in/servicetax/circular-service-tax-audit-by-departmental-officers-amendment-rule-5A2-section-94-2-k.html
</link>
<description>
CBEC Circular-181 Service Tax Audit by Departmental Officers is Statutorily valid post amendment of Rule 5A(2) Notification 28-2014 and section 94(2)(k)
</description>
</item>
<item>
<title>
Jeevan Pramaan-Pensioners Digital Life Certificates Application Windows-Android
</title>
<pubDate>Tue, 09 Dec 2014 04:00:00 GMT</pubDate>
<link>
https://abcaus.in/jeevan-pramaan-scheme/pensioners-digital-life-certificate-no-physical-copy-download-application.html
</link>
<description>
Jeevan Pramaan Digital Life Certificate Pensioners Scheme Aadhaar Biometric Authentication. No physical copy required. Download Windows Android Application
</description>
</item>
<item>
<title>
SEBI Research Analyst RA Regulations 2014 FAQ
</title>
<pubDate>Tue, 09 Dec 2014 04:00:00 GMT</pubDate>
<link>
https://abcaus.in/sebi/frequently-asked-questions-faq-sebi-research-analyst-regulations-2014.html
</link>
<description>
SEBI Research Analyst RA Regulations 2014 notified on September 01, 2014. Forty Points Frequently Asked Questions FAQ
</description>
</item>
<item>
<title>
CAG Empanelment CA Firms LLP Year 2015-16 from 01-01-2015
</title>
<pubDate>Tue, 09 Dec 2014 04:00:00 GMT</pubDate>
<link>
https://abcaus.in/cag-online-empanelment/chartered-accountants-firms-llp-year-2015-16-from-01-01-2015.html
</link>
<description>
Comptroller and Auditor General Online CAG Empanelment of Chartered Accountants Firms LLPs for the Year 2015-16 from 01-01-2015
</description>
</item>
<item>
<title>
RBI to Banks-Implement and create awareness of Jeevan Pramaan Scheme
</title>
<pubDate>Tue, 09 Dec 2014 04:00:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/jeevan-pramaan-scheme/banks-disbursing-govt-pension-implement-create-awareness-modify-faq.html
</link>
<description>
RBI- Banks disbursing pensions take necessary action to implement and to create awareness of Jeevan Pramaan Scheme, Modify FAQ on Pension Payments
</description>
</item>
<item>
<title>
Amendment Notification-Service Tax Audit Rule 5A2 Section 72A by CA CMA
</title>
<pubDate>Sat, 06 Dec 2014 04:20:00 GMT</pubDate>
<link>
https://abcaus.in/servicetaxaudit/amendment-rule5A2-section72A-audit-only-by-cost-chartered-accountant.html
</link>
<description>
Notification 23-2014 Service Tax Audit Rule 5A2 Section 72A by Chartered Accountants and Cost Auditor. Amendment due to Delhi, Allahabad High Court Order
</description>
</item>
<item>
<title>
Sukanya Samriddhi Accounts Rules 2014 Notification for Minor Girls
</title>
<pubDate>Fri, 05 Dec 2014 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/Finance-ministry/sukanya-samriddhi-accounts-rules-2014-notification-minor-girl-child.html
</link>
<description>
Sukanya Samriddhi Accounts Rules 2014 Notification. Opening Post Office Bank Account of Two Minor Girl Child till 10 years age maturing at 14 years
</description>
</item>
<item>
<title>
CIT-Exemption Prescribed Authority us 1023C Clause vi via
</title>
<pubDate>Fri, 05 Dec 2014 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cit-exemptions-prescribed-authority-section-1023C-charitable-hospital-university.html
</link>
<description>
CBDT authorises CIT-Exemptions as Prescribed Authority us 1023C for Approval Charitable Hospital, University, Educational Institutions. Clause vi, via
</description>
</item>
<item>
<title>
High Level Committee set up to interact trade, industry on tax laws
</title>
<pubDate>Fri, 05 Dec 2014 06:00:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/high-level-committee-constituted-to-interact-trade-industry-for-tax-laws-clarity.html
</link>
<description>
Finance Minister Constituted High Level Committee to interact with trade and industry and ascertain areas where clarity on tax laws is required
</description>
</item>
<item>
<title>
Mobile Banking Transaction in India-RBI Guidelines for Banks
</title>
<pubDate>Thu, 04 Dec 2014 06:42:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/mobile-banking-guidelines-india-standardisation-sms-alert-pin-mobile-number-registered.html
</link>
<description>
RBI Mobile Banking Transaction Guidelines for Banks. Procedure Standardisation, Easy Registration, MPIN Generation, SMS Alerts, Mobile Numbers Registered
</description>
</item>
<item>
<title>
CBDT appoints CIT-Exemption as Prescribed Authority us 1023C Clause iv, v
</title>
<pubDate>Thu, 04 Dec 2014 04:01:00 GMT</pubDate>
<link>
https://abcaus.in/incometax/cbdt-authorises-cit-exemptions-prescribed-authority-section-10-23C-clause-iv-v.html
</link>
<description>
CBDT authorises Commissioner-Exemptions as Prescribed Authority for Approval of Charitable Trust Institutions. Clause iv, v Section 10-23C Income Tax Act
</description>
</item>
<item>
<title>
TARC Report 2014 BCTT FBT Agriculture Super Rich Presumptive Tax
</title>
<pubDate>Thu, 04 Dec 2014 02:30:00 GMT</pubDate>
<link>
https://abcaus.in/tarc-report-2014/bctt-fbt-presumptive-tax-professionals-super-rich-agriculture-income-tax.html
</link>
<description>
TARC 3rd Report 2014 Recommends BCTT FBT, Tax Agriculture, Professionals Presumptive Tax, Super Rich Tax, TDS Widening, Integrated Joint Audits by CBEC CBDT
</description>
</item>
<item>
<title>
CBDT-Expenditure Economy Measures-No First Class Travels
</title>
<pubDate>Wed, 03 Dec 2014 13:00:00 GMT</pubDate>
<link>
https://abcaus.in/cbdt-instruction/expenditure-economy-measures-seminars-vehicles-travel-no-first-class-booking.html
</link>
<description>
CBDT-Expenditure Rationalisation Economy Measures-Seminar Conferences, Vehicles Purchase Domestic International Travel, No First Class Bookings
</description>
</item>
<item>
<title>
Companies Amendment Bill 2014 Proposed Amendments
</title>
<pubDate>Wed, 03 Dec 2014 08:39:00 GMT</pubDate>
<link>
https://abcaus.in/companiesact2013/cos-amendment-bill-2014-proposed-amendments-issues-raised-by-cas.html
</link>
<description>
Companies Amendment Bill 2014 Proposed Amendments to Address Issues raised by stakeholders such as Chartered Accountants and Professionals.
</description>
</item>
<item>
<title>RBI-TDS on Non residents Remittances-CBDT notification to apply</title>
<pubDate>Wed, 03 Dec 2014 06:01:00 GMT</pubDate>
<link>
https://abcaus.in/rbi/taxdeductedatsource/remittancestononresidents.html
</link>
<description>
RBI Clarification CBDT Notification S.O 2659E 02-09-2013 to apply for Tax Deduction at Source. RBI not to issue instructions under FEMA on tax matters
</description>
</item>
<item>
<title>
CBDT-No High Pitched Assessment in Jammu Kashmir for Books of account destruction in Flood
</title>
<pubDate>
Wed, 03 Dec 2014 04:05:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/cbdt-no-high-pitched-assessment-taxpayers-kashmir-books-destroyed-in-flood.html
</link>
<description>
CBDT Instruction-No high pitched scrutiny assessment in Jammu Kashmir due to destruction of records documents books of accounts in floods
</description>
</item>
<item>
<title>
Income Tax Advance Ruling Notification-Application Forms, Fees Slab
</title>
<pubDate>
Tue, 02 Dec 2014 15:00:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/advance-ruling-rule-44E-application-fee-form-34C-34D-34DA-34E-34EA.html
</link>
<description>
Income Tax Notification 74-2014 Amendment to Rule 44E. Advance Ruling Application Fee Slab Structure and Form 34C 34D 34DA 34E 34EA
</description>
</item>
<item>
<title>
Notification-Advance Ruling Resident Tax Liability for Transaction valuing 100 Crores
</title>
<pubDate>
Sun, 30 Nov 2014 09:04:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/advance-ruling-tax-liability-resident-transactions-valuing-100-crores.html
</link>
<description>
Income Tax Notification 73-2014. Advance Ruling Tax Liability Resident Applicant for Transactions undertaken, proposed valuing 100 crores Clause iia
</description>
</item>
<item>
<title>
RBI Bharat Bill Payment System BBPS Final Guidelines
</title>
<pubDate>
Sun, 30 Nov 2014 05:56:00 GMT
</pubDate>
<link>
https://abcaus.in/rbi/final-guidelines-bharat-bill-payment-system-bbps-india-anytime-anywhere.html
</link>
<description>
RBI issues Bharat Bill Payment System BBPS Final Guidelines. Electronic GIRO System Implementation in India for Utility Bills payment Anytime Anywhere
</description>
</item>
<item>
<title>
Due Date for ITR, Tax Audit Extension for JK to 31-03-2015 AY 2014-15
</title>
<pubDate>
Sat, 29 Nov 2014 12:52:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/due-date-extension-itr-tax-audit-jammu-kashmir-31-03-2015-ay-2014-15.html
</link>
<description>
CBDT Order us 119-Due Date Extension for ITR Filing, Obtaining-Furnishing Tax Audit Reports in Jammu Kashmir to 31-03-2015 for AY 2014-15
</description>
</item>
<item>
<title>
CBDT Investigates 35 Real Estate Cos as per Cobrapost Operation Black Ninja
</title>
<pubDate>
Sat, 29 Nov 2014 03:43:00 GMT
</pubDate>
<link>
https://abcaus.in/black-money-laundering/cbdt-investigation-35-real-estate-cos-cobrapost-operation-black-ninja.html
</link>
<description>
CBDT directs Investigation of 35 Real Estate Companies Selling Properties Laundering Black Money as per Cobrapost.com Operation Black Ninja
</description>
</item>
<item>
<title>
LIC-Varishta Pension Bima Yojana-42607 Persons Joined
</title>
<pubDate>
Fri, 28 Nov 2014 16:38:00 GMT
</pubDate>
<link>
https://abcaus.in/seniorcitizen/varishtha-pension-bima-yojana-lic-scheme-details-benefits-august-2014-2015.html
</link>
<description>
LIC-Varishta Pension Bima Yojana VPBY Scheme for Senior Citizens from August 2014 to 2015. Details, Benefits, Eligibility, Surrender Value, Refund etc.
</description>
</item>
<item>
<title>
Delhi HC-Income Tax Return and other info exempt under RTI Act
</title>
<pubDate>
Fri, 28 Nov 2014 03:34:00 GMT
</pubDate>
<link>
https://abcaus.in/delhi-hc/income-tax-return-information-provided-to-department-exempt-from-disclosure-rti-act-2005.html
</link>
<description>
Delhi High Court-Income Tax Return and other information provided to I tax Department is exempt from disclosure under RTI Act 2005
</description>
</item>
<item>
<title>
CBDT-Income Tax Use of Digital Evidence Investigation Manual 2014
</title>
<pubDate>
Thu, 27 Nov 2014 17:25:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/cbdt-use-of-digital-evidence-in-investigation-search-seizure-manual-2014.html
</link>
<description>
CBDT-Use of Digital Evidence Investigation Manual 2014. Proper gathering, handling, utilization in Income Tax Survey, Search, Seizures.
</description>
</item>
<item>
<title>
RBI-Licensing Small Finance Banks in Private Sector Guidelines
</title>
<pubDate>
Thu, 27 Nov 2014 14:13:00 GMT
</pubDate>
<link>
https://abcaus.in/rbi/guidelines-for-licensing-two-small-finance-bank-in-private-sector-18-months-key-features.html
</link>
<description>
Key Features of RBI Guidelines 27-11-2014 for Licensing Small Finance Banks in Private Sector. Two Applicants to get approval within 18 Months
</description>
</item>
<item>
<title>
Delhi HC Quashed ICAI Disciplinary Proceedings for Inexcusable Delay
</title>
<pubDate>
Thu, 27 Nov 2014 04:04:00 GMT
</pubDate>
<link>
https://abcaus.in/icai/delhi-hc-quashed-disciplinary-proceedings-ca-mis-conduct-for-delay-in-taking-action.html
</link>
<description>
Delhi High Court quashes ICAI Disciplinary Proceedings for alleged Mis-Conduct by Chartered Accountant-Firm for Inexcusable Delay in action
</description>
</item>
<item>
<title>
STREAMLINING THE PROCEDURE FOR GRANT OF INDUSTRIAL LICENSES
</title>
<pubDate>
Wed, 26 Nov 2014 14:41:00 GMT
</pubDate>
<link>
https://abcaus.in/industrial-licences/2-years-extensions-initial-validity-period-3-years-up-to-7-years.html
</link>
<description>
Measures to Ease doing business-2 extensions of 2 years each in the initial validity of 3 years of the Industrial License allowed up to 7 years
</description>
</item>
<item>
<title>
RBI cautions about Fraudulent NBFCs Forging Cancelled Registration Certificate
</title>
<pubDate>
Tue, 25 Nov 2014 06:07:00 GMT
</pubDate>
<link>
https://abcaus.in/rbi/cautions-entities-fradulently-impersonating-nbfcs-forging-cancelled-registration-certificate.html
</link>
<description>
RBI cautions that some entities including companies are fraudulently impersonating as Registered NBFCs forging cancelled Registration Certificate
</description>
</item>
<item>
<title>
Service Tax on Restaurants, Hotels Unconstitutional-Kerala HC
</title>
<pubDate>
Sun, 23 Nov 2014 14:33:00 GMT
</pubDate>
<link>
https://abcaus.in/servicetax/kerala-high-court-levy-on-restaurants-hotel-accommodation-unconstitutional.html
</link>
<description>
Contrary to Bombay HC, Kerala High Court Judgment 21-10-2014. Service Tax Levy on Restaurants, Hotels Unconstitutional, Sale of Goods is State Subject.
</description>
</item>
<item>
<title>
RBI warns and cautions for Credit Card Fraud using its Name
</title>
<pubDate>
Sat, 22 Nov 2014 12:40:00 GMT
</pubDate>
<link>
https://abcaus.in/rbi/warns-cautions-newest-cyber-crime-credit-card-fraud-using-rbi-name-modus-operandi.html
</link>
<description>
RBI Warns, Cautions Newest Kind of Fraud-Credit Card issued in the name of RBI. Card allows small limited withdrawals on deposit stops working.
</description>
</item>
<item>
<title>
RBI Guidelines-Penal Charges Levy for Minimum Balances in SB account
</title>
<pubDate>
Thu, 20 Nov 2014 13:35:00 GMT
</pubDate>
<link>
https://abcaus.in/rbi/penal-charges-levy-on-non-maintenance-minimum-balances-sb-accounts-guidelines.html
</link>
<description>
RBI-Banks to Notify Customers by SMS, Email, Letter of Non-maintenance of Minimum Balance in SB Accounts and Penal Charges to be Proportionate
</description>
</item>
<item>
<title>
Approval of SEBI (Prohibition of Insider Trading) Regulations, 2014
</title>
<pubDate>
Thu, 20 Nov 2014 13:28:00 GMT
</pubDate>
<link>
https://abcaus.in/sebi/sailent-features-prohibition-of-insider-trading-regulations-2014-approved-on-19-11-2014.html
</link>
<description>
Stock and Exchange Board of India Board Meeting dated 19-11-2014 approved SEBI Prohibition of Insider Trading Regulations, 2014-Salient features
</description>
</item>
<item>
<title>
Circular 45-2014 Extension AGM Due Date for Companies registered in Jammu Kashmir
</title>
<pubDate>
Wed, 19 Nov 2014 04:00:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact2013/extension-due-date-agm-31-12-2014-companies-registered-jammu-kashmir-fy-13-14.html
</link>
<description>
MCA Circular 45-2014 Extension of Due date for convening AGM for FY 2013-14 to 31-12-2014 for Companies Registered in Jammu and Kashmir
</description>
</item>
<item>
<title>
CBDT Circular-16-2014 Clarification on Income-tax Case Settlement
</title>
<pubDate>
Tue, 18 Nov 2014 18:44:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/settlement-of-cases/clarification-circular-assessment-deemed-completed-date-order-passed.html
</link>
<description>
CBDT Circular-16-2014.Clarification 3-2008 Settlement of Case by Income-tax Settlement Commission. assessment deemed completed the date order is passed
</description>
</item>
<item>
<title>
Kisan Vikas Patra KVP Relaunch 18-11-2014 Denomination 1-50 Thousand
</title>
<pubDate>
Mon, 17 Nov 2014 16:41:00 GMT
</pubDate>
<link>
https://abcaus.in/kisan-vikas-patra/kvp-relaunch-18-11-2014-denomination-1000-5000-10000-50000-no-ceiling.html
</link>
<description>
Kisan Vikas Patra KVP Re-launch by Finance Minister 18-11-2014. Available in Denomination of Rs 1000 5000 10000 and 50000 with no Upper Investment Ceiling
</description>
</item>
<item>
<title>
Term of Reference K V Chowdary Advisor SIT on Black Money
</title>
<pubDate>
Mon, 17 Nov 2014 15:02:00 GMT
</pubDate>
<link>
https://abcaus.in/sit-black-money-abroad/appointment-advisor-sit-ex-cbdt-chairman-k-v-chowdary-term-of-reference.html
</link>
<description>
Term of Reference of Ex CBDT Chairman K V Chowdary recently appointed Advisor to assist Special Investigation Team (SIT) on Black Money abroad
</description>
</item>
<item>
<title>
ICAI MEF Draft Bank Branch Auditors Panel for 2014-15
</title>
<pubDate>
Sat, 15 Nov 2014 08:36:00 GMT
</pubDate>
<link>
https://abcaus.in/icai-mef/MultipurposeEmpanelmentForm2014-15.html
</link>
<description>
ICAI MEF Draft Bank Branch Auditors Panel for 2014-15, Chek your category and comments
</description>
</item>
<item>
<title>
Income Tax Section 80C Bank Term Deposit Limit Increased to 1.50 Lakh
</title>
<pubDate>
Sat, 15 Nov 2014 06:44:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/deduction-section-80C/investment-limit-bank-term-deposit-increased-rs-1-50-lakh.html
</link>
<description>
Bank Tax Saving Term Deposit Scheme 2006 Investment Limit for Claiming Income-tax Deduction us Section 80C increased to 1.50 Lakh. Notification 63-2014
</description>
</item>
<item>
<title>
Company Law Settlement Scheme CLSS 2014 extension to 31-12-2014
</title>
<pubDate>
Fri, 14 Nov 2014 18:55:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact2013/clss2014/company-law-settlement-scheme-extension-31-12-2014.html
</link>
<description>
MCA Company Law Settlement Scheme CLSS 2014 extension. CLSS extended by one and half month to 31-12-2014. Circular 44-2014 dated 14-11-2014
</description>
</item>
<item>
<title>
Notification-66 Revised Jurisdiction PrCIT over CIT Appeals
</title>
<pubDate>
Fri, 14 Nov 2014 17:45:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/revised-jurisdiction-principal-chief-commissioner-over-commissioner-appeals-notification.html
</link>
<description>
Head-Quarter wise Revised jurisdiction-Principal Chief Commissioners of Income-tax over Commissioner-Appeals. Notification-66-2014
</description>
</item>
<item>
<title>
Income Tax Investigation Wing Jurisdiction Territory after Restructuring
</title>
<pubDate>
Fri, 14 Nov 2014 13:27:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/invesigation-wing-jurisdiction-after-restructuring-dg-commissioner-notification.html
</link>
<description>
Income Tax Investigation Wing and Central Charges Jurisdiction Territory after Restructuring. Notification 69-2014, 70-2014
</description>
</item>
<item>
<title>
Cos Act 2013 Provisions related to FCCBS FCBs not apply to Non residents
</title>
<pubDate>
Fri, 14 Nov 2014 04:14:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact2013/chapter-iii-provisions-not-apply-fccbs-fcbs-made-exclusively-non-resident.html
</link>
<description>
MCA Circular 43-2014. Provisions of Cs Act 2013 related to FCCBs and FCBs not apply to Non Residents if made exclusively for them
</description>
</item>
<item>
<title>
Delhi High Court set asides CBDT circular 08-2011 TDS 194A
</title>
<pubDate>
Wed, 12 Nov 2014 18:13:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/delhi-hc/tds-194a-circular-08-2011-set-aside-fixed-deposits-court-registrar-name.html
</link>
<description>
Delhi HC quashes CBDT Circular 08-2011 related to TDS u/s 194A for Fixed Deposit in the name of Court Registrar During Litigation Pendency Where Assessee is Unknown
</description>
</item>
<item>
<title>
Cost Auditor Appointment Form CRA-2 Filing Date Extension to 31-01-2015
</title>
<pubDate>
Wed, 12 Nov 2014 12:55:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact2013/non-availability-cra-2-cost-auditor-appointment-form-mca-website-date-extension-31-01-2015.html
</link>
<description>
MCA Circular 42-2014-Non-availability of Cost Auditors Appointment Form CRA-2 on MCA website. Filing date extended 31-01-2015 without penalty, late fee
</description>
</item>
<item>
<title>
Finance Ministry Instructions-No Foreign Travel by Officers at Govt. Cost
</title>
<pubDate>
Tue, 11 Nov 2014 17:55:00 GMT
</pubDate>
<link>
https://abcaus.in/finance-ministry/no-foreign-abroad-travel-by-officers-conferences-seminar-govt-psu-cost.html
</link>
<description>
No Foreign Travel for conferences seminars etc. by Officers at Govt or PSU Cost. Only 4 visit per Calendar Year and Delegation Size to be Minimum
</description>
</item>
<item>
<title>
RBI Revised NBFC Regulations for phased implementation till 31-03-2018
</title>
<pubDate>
Tue, 11 Nov 2014 03:40:00 GMT
</pubDate>
<link>
https://abcaus.in/rbi/non-banking-finance-companies/nbfcs-revised-four-year-phased-regulation-norms-framework-31-03-2018.html
</link>
<description>
RBI-Revised NBFC Regulations 10-11-2014 at par with banks to be implemented in four years ending 31-03-2018. Auditors role increased for certification.
</description>
</item>
<item>
<title>
Use of Sd/- acronyms in attachment for MCA Annual Filing
</title>
<pubDate>
Mon, 10 Nov 2014 16:60:00 GMT
</pubDate>
<link>
https://abcaus.in/mca-annual-filing/form-20B-23AC-23ACA/sd-signatures-word-excel-files-converted-pdf.html
</link>
<description>
Sd/- Signatures in Microsoft word excel pdf attachments to MCA-ROC Annual Filing Return, Balance sheet, Profit Loss Account e-Form 20B, 23AC 23ACA upload
</description>
</item>
<item>
<title>
How to Convert Word Excel to pdf format and merge two pdf files
</title>
<pubDate>
Mon, 10 Nov 2014 16:58:00 GMT
</pubDate>
<link>
https://abcaus.in/pdf-word-excel-convertor/how-to-convert-merge-microsoft-word-excel-documents-into-pdf-format.html
</link>
<description>
Learn how to convert Microsoft Word or Excel documents and files into pdf format and merge two pdf documents into one with freeware software
</description>
</item>
<item>
<title>
CCIT. Pr. CIT, CIT Income Tax to be assigning additional charges of newly created posts
</title>
<pubDate>
Sat, 08 Nov 2014 17:37:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/additional-charge-PrCIT-CCIT-CIT-new-created-post-restructuring-jurisdiction.html
</link>
<description>
CBDT- Income Tax Jurisdiction Re-organization. CCIT, Pr. CIT, CIT to be assigning additional charges of newly created posts where jurisdiction orders issued
</description>
</item>
<item>
<title>
Modi Govt. Initiatives Non-Adversarial Custom Excise Administration
</title>
<pubDate>
Sat, 08 Nov 2014 10:57:00 GMT
</pubDate>
<link>
https://abcaus.in/excise-custome-service-tax-import-export/initiatives-encourage-non-adversarial-indirect-tax-administration.html
</link>
<description>
BJP Modi Government Initiatives to Facilitate Trade and Encourage Non-Adversarial Tax Administration in Custom, Excise, Service Tax, Export Import etc.
</description>
</item>
<item>
<title>
CBDT Instructions to Field Offices towards Non-Adversarial Tax Regime
</title>
<pubDate>
Fri, 07 Nov 2014 14:13:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/cbdt-instruction/non-adversarial-tax-regime-punctuality-appointment-timeliness-avoid-adjournment.html
</link>
<description>
CBDT Instructions to Field Offices towards Non-Adversarial Tax Regime-Cleanliness, Punctuality, Appointment Timeliness, Avoiding Unnecessary Adjournments
</description>
</item>
<item>
<title>
RBI to Bank-Cheque Book related Fraud-Take Phone Confirmation, maintain Cheque Confidentiality
</title>
<pubDate>
Wed, 05 Nov 2014 14:23:00 GMT
</pubDate>
<link>
https://abcaus.in/rbi/high-value-cheque-book-fraud-banks-prevention-phone-call-alert-confidential-information.html
</link>
<description>
RBI to Banks-Prevention Measure for High Value Cheque Book Frauds, Phone Call to Customer, ensuring Cheque Book confidential information
</description>
</item>
<item>
<title>
Central Excise Instruction-Clubbing up of Split Rebate Claims of 5 lakhs or more to avoid pre-audit
</title>
<pubDate>
Wed, 05 Nov 2014 13:02:00 GMT
</pubDate>
<link>
https://abcaus.in/central-excise-cbec/clubbing-artificially-spiltting-rebate-claims-five-lakhs-avoid-pre-audit-instruction.html
</link>
<description>
Central Excise Instruction to Authorities to order Pre-audit by Clubbing up of Rebate Claim of 5 lakhs or more when artificially split to avoid audit.
</description>
</item>
<item>
<title>
Distribution of Zones among Chairperson and Members of CBDT wef 05-11-2014
</title>
<pubDate>
Wed, 05 Nov 2014 11:09:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/cbdtmemberszonedistribution.html
</link>
<description>
Order-Distribution of Zones with substantive and additinal charge among Chairperson and Members of CBDT wef 05-11-2014
</description>
</item>
<item>
<title>
Notification-CLB Petitions Fee u/s section 2(41), 58 59 73(4), 74(2) Cos Act 2013
</title>
<pubDate>
Mon, 03 Nov 2014 17:24:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact2013/company-law-board/clb-fee-schedule-applications-petitions-section-2-58-73-74.html
</link>
<description>
Schedule of fee to be paid under Company Law Board Fees on Applications and Petitions Rules, 1991 for section 2(41), 58 59 73(4), 74(2) of Cos Act 2013
</description>
</item>
<item>
<title>
Levy of Cess under Building and other Construction Workers Welfare Cess Act 1996
</title>
<pubDate>
Sun, 02 Nov 2014 16:58:00 GMT
</pubDate>
<link>
https://abcaus.in/building-other-construction-workers-welfare-cess/regulation-employment-service-conditions-act-1996.html
</link>
<description>
Building and Other Construction Workers Welfare Cess Levy @ 1 percent- Notice issued by UP Board
</description>
</item>
<item>
<title>
Madras HC Stays Clause7 related to Interest 234A of CBDT ITR Extension Order AY 2014-15
</title>
<pubDate>
Sat, 01 Nov 2014 14:04:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/itr-due-date-extension-ay-2014-15/cbdt-order-clause7-interest-234a-stayed-madras-high-court.html
</link>
<description>
Madras High Court Stays Clause 7 CBDT Order dated 26-09-2014 ITR Due Date Extension AY 2014-15 Tax Audit cases with Levy of Interest u/s 234A
</description>
</item>
<item>
<title>
SEBI ESOP-Share Based Employee Benefits Regulations 2014 notification
</title>
<pubDate>
Fri, 31 Oct 2014 14:57:00 GMT
</pubDate>
<link>
https://abcaus.in/sebi/share-based-employee-benefits-regulation-2014/esop-esos-scheme-implementation-through-irrevocable-trust.html
</link>
<description>
SEBI ESOP Regulations 2014 permit Employee Benefit Schemes ESOS SEPSI, SAR, GEBSI and RBSI directly or through irrevocable Trusts
</description>
</item>
<item>
<title>
ITD to monitor e-ITR Non Filers for AY 2014-15 with income exceeding 10 lakhs or tax paid 1 lakhs
</title>
<pubDate>
Wed, 29 Oct 2014 13:49:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/e-itr-monitor/non-filers-ay-2014-15-returned-income-10-lakhs-taxes-paid-one-lakhs.html
</link>
<description>
CBDT to monitor Non-Filers for AY 2014-15 who previously e-filed ITRs with returned income above 10 lakhs or paid taxes of Rs. one lakhs or more
</description>
</item>
<item>
<title>
FCRA Registered Association to incurr expense above Rs 20000 by cheque draft
</title>
<pubDate>
Wed, 29 Oct 2014 10:50:00 GMT
</pubDate>
<link>
https://abcaus.in/fcra-2010/registered-association-incur-expense-rs-20000-cheque-demand-draft.html
</link>
<description>
Circular-Foreign Contribution Regulation Act, FCRA-2010 registered associations to incur expenditure payments above Rs. 20,000 by cheque, demand drafts
</description>
</item>
<item>
<title>
Govt replaces Current Selection Process of CMD ED of Banks by new process
</title>
<pubDate>
Mon, 27 Oct 2014 17:30:00 GMT
</pubDate>
<link>
https://abcaus.in/public-sector-banks/fresh-selection-process-post-chariman-executive-directors-banks.html
</link>
<description>
Government Cancels Current Selection Process for filling up posts of Chairman, Executive Directors CMDS EDS of Public Sector Banks by Fresh Process
</description>
</item>
<item>
<title>
CBDT Instruction-Scrutiny Assessment of Fish Farmers running Inland Fresh Water Tanks
</title>
<pubDate>
Mon, 27 Oct 2014 14:18:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/scrutiny-assessment/cbdt-instruction-fish-farmers-running-inland-fresh-water-tanks.html
</link>
<description>
CBDT Instruction 8-2014. Scrutiny assessments of fish farmers involved in running inland fresh water fish tanks as per Acre water spread area estimation
</description>
</item>
<item>
<title>
Swach Bharat Kosh Clean Ganaga Fund Contributions to qualify as CSR Activities
</title>
<pubDate>
Mon, 27 Oct 2014 07:26:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact2013/csractivities/schedule-vii/contribution-swach-bharat-kosh-clean-ganga-fund.html
</link>
<description>
MCA Notification Cos Act 2013-Swach Bharat Kosh Clean Ganaga Fund Contribution qualify as Corporate Social Responsibility CSR Activities
</description>
</item>
<item>
<title>
Black Money-DTAA/International Treaties and restrictions on disclosure of information
</title>
<pubDate>
Sat, 25 Oct 2014 10:15:00 GMT
</pubDate>
<link>
https://abcaus.in/black-money-secrecy/dtaa-internationl-treaties-conventions-disclosure-restrictions-names.html
</link>
<description>
Black Money Swiss Banks Name List Disclosure. DTAA and International Treaties/Conventions and Secrecy Restrictions
</description>
</item>
<item>
<title>
CBEC Order 02-2014 ST-3 April-Sep-2014 due date extended to 14-11-2014
</title>
<pubDate>
Fri, 24 Oct 2014 16:35:00 GMT
</pubDate>
<link>
https://abcaus.in/servicetax/due-date-extension/st3-return-submission-april-september-2014-date-extended-14-11-2014.html
</link>
<description>
CBEC Order 02-2014. Due Date for ST-3 Return Submission for the period April-Sep-2014 extended from 25-10-2014 to 14-11-2014 due to natural calamities.
</description>
</item>
<item>
<title>
CBEC-Place of Removal is where goods in property passes from seller to buyer
</title>
<pubDate>
Tue, 21 Oct 2014 12:22:00 GMT
</pubDate>
<link>
https://abcaus.in/central-excise-cbec/place-of-removal-where-property-in-goods-transferred-from-seller-to-buyer.html
</link>
<description>
CBEC Circular-988/2014-Ascertainment of Place of Removal. Place where sale takes place or when the property in goods passes from the seller to the buyer
</description>
</item>
<item>
<title>
Central Govt to SC- Black Money information cannot be disclosed under International Tax Treaties
</title>
<pubDate>
Sat, 18 Oct 2014 18:34:00 GMT
</pubDate>
<link>
https://abcaus.in/black-money-abroad-supreme-court/central-govt-information-cannot-be-disclosed-under-international-tax-treaties.html
</link>
<description>
Central Govt tells SC-If confidentiality of international tax treaties not maintained, it will not receive information on Indians hiding black money abroad
</description>
</item>
<item>
<title>
Motor Vehicle Act Fixed deposit interest TDS Circular 8-2011 quashed by Himanchal HC
</title>
<pubDate>
Fri, 17 Oct 2014 16:44:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/hc-judgment/motor-vehicle-act-accident-compensation-fixed-deposit-interest-tds-circular-quashed.html
</link>
<description>
Himachal High Court quashed Income Tax Circular 8-2011 on TDS on interest on Fixed Deposit with Court Registrar under Motor Vehicle Act during litigation pendency
</description>
</item>
<item>
<title>
TDS-TCS Return Q2 FY 2014-15 due date extension for Andhra JK, Odisha and Telengana
</title>
<pubDate>
Fri, 17 Oct 2014 07:05:00 GMT
</pubDate>
<link>
https://abcaus.in/tds-tcs-return-statement-furnishing-due-date/extension-second-quarter-fy-2014-15-andhra-kashmir-odisha-telangana.html
</link>
<description>
TDS-TCS Return Due Date for Q2 FY 2014-15 extended for Andhra Jammu Kashmir Odisha Telangana.Govt Dedcutors-07-11-2014 and Others-31-10-2014
</description>
</item>
<item>
<title>
CLSS-2014 Director disqualification immunity for statements filed on or after 01-04-2014
</title>
<pubDate>
Thu, 16 Oct 2014 10:52:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact2013/clss2014/disqualification-immunity-directors-annual-returns-balance-sheets-filed-01-04-2014.html
</link>
<description>
CLSS-2014-Directors disqualification u/s 164(2)(a) immunity if balance-sheet annual returns filed on after 01-04-2014
</description>
</item>
<item>
<title>
MCA CLSS-2014 extended to 15-11-2014
</title>
<pubDate>
Thu, 16 Oct 2014 10:26:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact2013/clss2014/company-law-settlement-scheme-extension-15-11-2014.html
</link>
<description>
MCA Company Law Settlement Scheme CLSS 2014 extension. CLSS extended by one month to 15-11-2014 by circular 40/2014 dated 15-10-2014
</description>
</item>
<item>
<title>
Service Tax on MTSO services for inward abroad remittances to India
</title>
<pubDate>
Wed, 15 Oct 2014 17:10:00 GMT
</pubDate>
<link>
https://abcaus.in/servicetax/money-transfer-service-operators/service-tax-foregin-abroad-remittances-indian-beneficiaries.html
</link>
<description>
Service Tax Circular Taxability of MTSO Activities involved in relation to inward remittances from abroad to Indian beneficiaries
</description>
</item>
<item>
<title>
MCA-Consolidated Financial Statement-subsidiary associate joint venture
</title>
<pubDate>
Wed, 15 Oct 2014 14:46:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact2013/consolidated-financial-statement/wholly-owned-subsidiary-associate-joint-venture-company.html
</link>
<description>
Notification-Consolidated Financial Statement of wholly owned domestic subsidiary, associate or joint venture company
</description>
</item>
<item>
<title>
Auditors report us 143(3)(i) on internal control for FY Commencing 01-04-2015
</title>
<pubDate>
Wed, 15 Oct 2014 14:20:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact2013/section-143-auditors-report/internal-financial-control-system-fy-01-04-2015.html
</link>
<description>
Notification. Auditors Report u/s 143(3)(i) on internal financial control and operating effecinecy to apply to fy commencing 01-04-2015
</description>
</item>
<item>
<title>
MCA-Consolidated Financial Statement to give CFS relevant disclosures only
</title>
<pubDate>
Wed, 15 Oct 2014 13:57:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact2013/consolidated-financial-statement-schedule-3/cfs-relevant-not-stand-alone-disclosure.html
</link>
<description>
Circular 39/2014. In Consolidated Financial Statement, Cos to give all disclosures relevant for CFS and not repeated stand-alone disclosures
</description>
</item>
<item>
<title>
MCA-Eligibility of Trust,Trustees as LLP Partner
</title>
<pubDate>
Wed, 15 Oct 2014 13:34:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact2013/limited-liability-partnership-eligibility/trust-trustees-reit-invits-sebi-no-bar.html
</link>
<description>
Circular 37-2014.No bar in Trusts, Trustees of REIT, INVITS, Trusts under SEBI Act, 1992 becoming partners in Limited Liability Partnerships
</description>
</item>
<item>
<title>
MCA-Refund, forfeiture of Directorship Deposit u/s Section 160 for section 8 Cos.
</title>
<pubDate>
Wed, 15 Oct 2014 13:11:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact2013/right-to-stand-directorship/directors-board-decide-refund-forfeiture-deposit-one-lakh.html
</link>
<description>
Refund,forfeiture deposit of 1 lakh for contesting directorship section 8 charitable company to be decided by directors
</description>
</item>
<item>
<title>
SEBI Circular to SE/CC-Single registration for Stock Brokers, Clearing Members
</title>
<pubDate>
Tue, 14 Oct 2014 17:05:00 GMT
</pubDate>
<link>
https://abcaus.in/sebi/single-registration-for-Stock-Brokers-clearing-members.html
</link>
<description>
SEBI Circular-Guidelines to recognized Stock Exchanges, Clearing Corporations regarding Stock Brokers Clearing Members Single registration
</description>
</item>
<item>
<title>
SEBI Directions to NSE-circuit breaker failure Emkay Global Case
</title>
<pubDate>
Mon, 13 Oct 2014 12:09:00 GMT
</pubDate>
<link>
https://abcaus.in/sebi/directions-nse-emkay-global/circuit-breaker-trading-halt-control-risk-management.html
</link>
<description>
SEBI direction to NSE -Failure to implement circuit breakers, coordinated trading halt, trade limit controls, risk management-Emkay Global Case
</description>
</item>
<item>
<title>
CBEC clarifies-audit under Central Excise Rules to cntinue order of Delhi HC not applicable to excise.
</title>
<pubDate>
Sun, 12 Oct 2014 11:55:00 GMT
</pubDate>
<link>
https://abcaus.in/central-excise-audit/cbec-circular-officers-continue-audit-delhi-HC-judgment-service-tax-not-applicable.html
</link>
<description>
CBEC Circular-Adequate statutory backing exist for audit by the Central Excise Officers u/s Rule 22. The Delhi HC judgment on Service Tax not applicable
</description>
</item>
<item>
<title>
Limit on transfer of Technical Man-power for software industry increased to 50% for section 10A 10AA deduction
</title>
<pubDate>
Fri, 10 Oct 2014 15:18:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/section-10-10A-deduction/limit-increased-fifty-percent-transfer-technical-manpower-software-industry.html
</link>
<description>
CBDT Circular-Technical Man-power Transfer Limit for software industry increased from twenty percent to fifty percent for section 10A 10AA deduction
</description>
</item>
<item>
<title>
RBI further clarifies on other banks free ATM use limit of three transactions per months in six metros
</title>
<pubDate>
Fri, 10 Oct 2014 14:20:00 GMT
</pubDate>
<link>
https://abcaus.in/rbi/other-banks-atm-usage/free-transactions-reduced-three-per-month.html
</link>
<description>
RBI further clarifies on other banks free ATM use limit of three transactions per months in both metros and non metros
</description>
</item>
<item>
<title>
Allahabad HC bars persons other than registered advocates to appear before UP VAT Authorities\x96aftermath of NTT Case?
</title>
<pubDate>
Fri, 10 Oct 2014 11:20:00 GMT
</pubDate>
<link>
https://abcaus.in/allahabad-high-court/person-other-than-registered-advocates/ca-cs-cma-barred-appear-before-up-vat-authorities.html
</link>
<description>
Allahabad HC latest judgment-person other than registered advocates, chartered accountants, cs, barred to appear before UP VAT authorities-NTT effect.
</description>
</item>
<item>
<title>
CPC TDS to Banks-It is highly improbable that not even a single depositor submitted 15G 15H
</title>
<pubDate>
Thu, 09 Oct 2014 16:52:00 GMT
</pubDate>
<link>
https://abcaus.in/tdscpc/notice-to-bank/non-raising-single-flagB-15G-15H-transactions-FY-2013-14.html
</link>
<description>
CPC TDS notice to Banks dated 08-10-2014 for not raising Flag-B for a single transaction for quarterly TDS returns for FY 2013-14.
</description>
</item>
<item>
<title>
CPC TDS notice-Bank branches non-reporting 15G 15H Transactions
</title>
<pubDate>
Thu, 09 Oct 2014 16:52:00 GMT
</pubDate>
<link>
https://abcaus.in/tdscpc/notice-to-bank/bank-branches-not-reporting-15g-15h-transactions.html
</link>
<description>
CPC TDS notice to Banks along with list of branches reporting or non reporting 15G 15H transaction for CBS reconciliation and correction for Q2 2014
</description>
</item>
<item>
<title>
CBEC Circular Service Tax on Services provided by members of Joint Venture, to or by and inter-se
</title>
<pubDate>
Thu, 09 Oct 2014 14:12:00 GMT
</pubDate>
<link>
https://abcaus.in/servicetax/clarification/cbec-circular-service-tax-joint-venture-members-transactions.html
</link>
<description>
CBEC Circular 179-2014 Service Tax-Services provided by members of Joint Venture, to JV, inter-se, cash calls, capital contribution or admin services
</description>
</item>
<item>
<title>
SEBI- No Separate multile registration requirement for Stock brokers, clearing members
</title>
<pubDate>
Wed, 08 Oct 2014 18:24:00 GMT
</pubDate>
<link>
https://abcaus.in/sebi/stock-brokers-clearing-members/requirement-separate-multiple-registration-exchanges-corporations.html
</link>
<description>
SEBI-Notification 08-10-2014. No separate, multi registration requirement for stock brokers, clearing members approved by concerned exchange/corporation
</description>
</item>
<item>
<title>
Notification Income Tax-DG/Director to be Prescribed Authority u/s 133C relating to Power to call information,
</title>
<pubDate>
Tue, 07 Oct 2014 12:53:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/power-to-call-information/directorgeneral-director-prescribed-authority-under-section-133C.html
</link>
<description>
Notification 48-2014. Income Tax Section 133C Power to call information for verification of information in possession by Prescribed Authority
</description>
</item>
<item>
<title>
TDS default and consequences under Chapter XVIIB of Income Tax Act, 1961
</title>
<pubDate>
Sat, 04 Oct 2014 14:47:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/chapter-xviib-tds-defaults-consequnces-interest-penalty-prosecution.html
</link>
<description>
TDS defaults under Chapter XVIIB of Income Tax Act and consequences of Interest, Late Fee, Penalty and Prosecution.
</description>
</item>
<item>
<title>
Meaning and consequence of being assessee in default under Income Tax Act
</title>
<pubDate>
Sat, 04 Oct 2014 05:26:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/assessee-in-default/meaning-consequences-under-income-tax-act-1961.html
</link>
<description>
Meaning and consequences of assessee in default under Income Tax Act 1961. Notice of demand us 156, interest us 220, penalty us 221, recovery us 222
</description>
</item>
<item>
<title>
Assessee in default under Income Tax and CA certificate Form 26A 27BA
</title>
<pubDate>
Sat, 04 Oct 2014 05:26:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/assessee-in-default/ca-certificate-27ba-26a-failure-to-deduct-collect-pay.html
</link>
<description>
Chartered Accountant Certificate Form 27BA, 26A-assessee not treated in default us 201, 260C Income Tax Act for failure to deduct collect or pay
</description>
</item>
<item>
<title>
No Income Tax Scrutiny for Senior citizens Small Taxpayers with GTI 10 lakh
</title>
<pubDate>
Fri, 03 Oct 2014 11:13:00 GMT
</pubDate>
<link>
https://abcaus.in/incometaxscrutinycriteria/no-scrutiny-senior-citizens-small-tax-payers-gross-total-income-10-lakh.html
</link>
<description>
Press Release of 2011 regarding No Income Tax Scrutiny for Senior citizens, small taxpayers is likely to be guiding principles in subsequent years.
</description>
</item>
<item>
<title>
Certificate u/s 197(1) for TDS deduction at lower rate to be issued to applicant directly
</title>
<pubDate>
Thu, 02 Oct 2014 07:54:00 GMT
</pubDate>
<link>
https://abcaus.in/tds-tcs-lower-rate-no-deduction/notification-rule-28AA-certificate-section-197-issue-to-applicant-directly.html
</link>
<description>
Notification 46-2014 Amendment Rule 28AA, Section 197(1). certificate for TDS-TCS deduction at lower rate to be issued directly to applicant
</description>
</item>
<item>
<title>
SEBI issues Latest Master Circular for Mutual Funds dated 01-10-2014
</title>
<pubDate>
Wed, 01 Oct 2014 14:54:00 GMT
</pubDate>
<link>
https://abcaus.in/sebi/master-circular-for-mutual-funds-01-10-2014.html
</link>
<description>
Security Exchange Board of India SEBI latest Master Circular for Mutual Funds dated 01-10-2014 updated up to 30-09-2014
</description>
</item>
<item>
<title>
Due date for deposit of TDS/TCS for Sep 2014 extended to 10-10-2014
</title>
<pubDate>
Wed, 01 Oct 2014 07:25:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/tds-tcs-deposit/due-date-extension-from-07-10-2014-to-20-10-2014.html
</link>
<description>
Due date Extension for TDS, TCS deposit for September 2014 from 07-10-2014 to 10-10-2014. No extension for Quarterly Return given.
</description>
</item>
<item>
<title>
Online Check of Income Tax Exemption Status under section 12A 80G 10(23C)
</title>
<pubDate>
Tue, 30 Sep 2014 14:51:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/exemption-status-check-online/indian-ngo-npo-trusts-institutions-1023c-12a-80g.html
</link>
<description>
Income Tax Exemption Status Online Check for Indian Trusts NGO-NPO Non Government-Profit Organization, Institution under section 12A 80G 10(23C)
</description>
</item>
<item>
<title>
Income Tax AST Instruction 130-Scrutiny recommended by CPC to be u/s 143(2) or 147
</title>
<pubDate>
Tue, 30 Sep 2014 11:12:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/ast-instruction/cpc-recommended-scrutiny/notices-to-be-issued-under-section-143-2-or-147.html
</link>
<description>
AST Instruction 130 30-09-2014. Notices for cases recommended for income tax scrutiny by CPC to be issued us 143-2 or to be examined for action us 147
</description>
</item>
<item>
<title>
CBDT Order for ITR date Extension with 234A interest-If illegal and Contray to Court
</title>
<pubDate>
Sat, 27 Sep 2014 11:58:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/itr-due-date-extension-ay-2014-15/cbdt-order-with-interest-234a-illegal-without-jurisdiction.html
</link>
<description>
Whether CBDT order dated 26-09-2014 for ITR date extension 30-11-2014 with interest 234A is against Gujarat HC directions and illegal
</description>
</item>
<item>
<title>
CBDT ITR Date extension-is this what was fought for?
</title>
<pubDate>
Sat, 27 Sep 2014 07:46:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/cbdt-itr-date-extension-30112014/tax-audit-report-format-3cd-deferment-ay-2015-16.html
</link>
<description>
As per Gujarat High Court direction CBDT extends ITR due date to 30-11-2014. Escapes deferment of Tax Audit report to AY 2015-16
</description>
</item>
<item>
<title>
CBDT order 26-09-2014 extension itr due date ay 2014-15 to 30-11-2014
</title>
<pubDate>
Fri, 26 Sep 2014 15:25:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/cbdt-order-dated-26-09-2014-extension-itr-filing-due-date-30112014.html
</link>
<description>
CBDT order us 119 dated 26-09-2014 extension of due date of itr filing ay 2014-15 from 30-09-2014 to 30-11-2014
</description>
</item>
<item>
<title>
CBDT Instruction 7/2014- Scrutiny Enquiry Scope for CASS selected in FY 2014-15 on the basis of AIR-CIB-26AS Mismatch
</title>
<pubDate>
Fri, 26 Sep 2014 14:23:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/scrutiny-selection-cass/cbdt-instruction/enquiry-scope-for-cib-air-26as-mis-match-cases-fy-2014-15.html
</link>
<description>
CBDT Instruction 6-2014. AO to confine enquiry on specific points for CASS Scrutiny selected cases during FY 2014-2015 on basis of AIR-CIB-26AS Mis-match
</description>
</item>
<item>
<title>
Neither Company Secretaries nor Chartered Accountants authorise to appear in National Tax Tribunal-SC
</title>
<pubDate>
Thu, 25 Sep 2014 18:19:00 GMT
</pubDate>
<link>
https://abcaus.in/national-tax-tribunal/supreme-court-judgment/chartered-accountants-company-secretaries-not-authorised-appear-ntt.html
</link>
<description>
Supreme Court Judgment- chartered accountants company secretaries not authorised to appear before NTT. Section 13-1 of Act declared unconstitutional
</description>
</item>
<item>
<title>
Supreme Court declares entire National Tax Tribunal Enactment as Unconstitutional and strikes it down
</title>
<pubDate>
Thu, 25 Sep 2014 18:19:00 GMT
</pubDate>
<link>
https://abcaus.in/national-tax-tribunal/supreme-court-declares-ntt-laws-unconstitutional-struck-down.html
</link>
<description>
Supreme Court Five Judge Bench headed by Chief Justice struck down National tax Tribunal NTT Laws, declares entire enactment unconstitutional.
</description>
</item>
<item>
<title>
Download Gujarat High Court Order Copy directing CBDT to extend ITR due date to 30-11-2014
</title>
<pubDate>
Thu, 25 Sep 2014 17:32:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/itr-due-date-extension-ay-2014-15/download-gujarat-high-court-order-dated-22-09-2014.html
</link>
<description>
Download Gujarat High Court Order dated 22-09-2014 directing CBDT to extend ITR due date for tax Audit cases to 30-11-2014
</description>
</item>
<item>
<title>
ETDS New Version-RPU 4.10 FVU-2.140 from 2007-08 FVU-4.40 from 2010-11
</title>
<pubDate>
Tue, 23 Sep 2014 16:11:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/etds-rpu-fvu/new-version-rpu-4-1-fvu-2-140-4-40-from-release-22-09-2014.html
</link>
<description>
ETDS New Version-RPU 4.10 from FY 2007-08, FVU 2.140 from FY 2007-08 to 2009-10 and FVU 4.40 from FY 2010-11 released on 22-09-2014
</description>
</item>
<item>
<title>
Service Tax, Excise Refund credit to be into Bank account directly by rtgs neft
</title>
<pubDate>
Tue, 23 Sep 2014 16:11:00 GMT
</pubDate>
<link>
https://abcaus.in/servicetax/electronic-clearing-system-ecs-rtgs-neft/service-tax-excise-refund-rebate-directly-in-bank-account.html
</link>
<description>
Instruction-Service Tax, Excise Refund to be directly credited in bank account by RTGS-NEFT under ECS from 16-08-2014
</description>
</item>
<item>
<title>
Amendment in DIN Allotment Procedure, Revised form DIR-3, 3A, 3B, 3C
</title>
<pubDate>
Mon, 22 Sep 2014 15:28:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact2013/DIN/amendment-allotment-rules-forms/directors-identification-number-dir-3-dir-3A-dir-3B-dir-3C.html
</link>
<description>
MCA Notification-18-09-2014. Revised procedure, forms for allotment of DIN, Independent Directors Repository. Form DIR-3, DIR-3A, DIR-3B, DIR-3C, DIR-6
</description>
</item>
<item>
<title>
Dispute Resolution Panel (DRP) Kolkata Members Constitution from 22-09-2014
</title>
<pubDate>
Mon, 22 Sep 2014 13:51:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/dispute-resolution-panel/drp-kolkata.html
</link>
<description>
CBDT Order-Constituient Members of Dispute Resolution Panel (DRP) Bengaluru with effect from 17-09-2014
</description>
</item>
<item>
<title>
Gujarat High Court-CBDT to extend the ITR due date to 30-11-2014 for Tax audit cases for AY 2014-15
</title>
<pubDate>
Mon, 22 Sep 2014 12:46:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/cbdt-due-date-extension-itr-filing-ay-2014-15.html
</link>
<description>
CBDT directed by Gujarat High Court to extend the due date of ITRs AY 2014-15 to 30-11-2014. Order giving direction delivered on 22-09-2014
</description>
</item>
<item>
<title>
MCA-Constitution of National Advisory Committee on Accounting Standards from 18-09-2014
</title>
<pubDate>
Fri, 19 Sep 2014 16:03:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact1956/section-210A-national-advisory-committee-accounting-standards-constitution-notified.html
</link>
<description>
MCA Notification-Constitution of National Advisory Committee on Accounting Standards under section 210A Cos Act 1956 notification from 18-09-2014
</description>
</item>
<item>
<title>
Advance Tax Instalment extension for Jammu Kashmir AY 2015-16
</title>
<pubDate>
Thu, 18 Sep 2014 18:37:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/advance-tax-date-extension-ay-2015-16/jammu-kashmir-15-12-2014-instalment.html
</link>
<description>
CBDT-Extension pf advance tax date payment for 2nd instalment companies,1st instalment others AY 2015-16 in Jammu and Kashmir
</description>
</item>
<item>
<title>
MCA Circular-Salaries apid to Regular staff and volunteers no longer CSR expenditure
</title>
<pubDate>
Thu, 18 Sep 2014 13:20:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact2013/csr-expenditure/salaries-paid-regular-staff-csr-project-volunteers.html
</link>
<description>
MCA Circular 36-2014. Salaries paid to regular staff of companies and volunteers no longer CSR expenditure for project cost
</description>
</item>
<item>
<title>
Notification-Service Tax Officers now appointed as Central Excise Officers
</title>
<pubDate>
Wed, 17 Sep 2014 15:04:00 GMT
</pubDate>
<link>
https://abcaus.in/servicetax/jurisdiction-territory-powers/service-tax-officers-subordinates-appointed-central-excise-officers.html
</link>
<description>
Service Tax Officers, subordinates appointed Central Excise Officers, vested with similar powers for their jurisdiction and territory
</description>
</item>
<item>
<title>
Dispute Resolution Panel (DRP) Bengaluru Members Constitution from 17-09-2014
</title>
<pubDate>
Wed, 17 Sep 2014 13:25:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/dispute-resolution-panel/drp-bengaluru.html
</link>
<description>
CBDT Order-Constituient Members of Dispute Resolution Panel (DRP) Bengaluru with effect from 17-09-2014
</description>
</item>
<item>
<title>
CBDT ITR due date extension AY 2014-15 3to 0-11-2014 for Jammu and Kashmir
</title>
<pubDate>
Tue, 16 Sep 2014 10:53:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/cbdt-order/itr-due-date-extension-30-11-2014-ay-2014-15-jammu-kashmir.html
</link>
<description>
CBDT Order 119 16-09-2014. Extension of ITR due date for AY 2014-15 to 30-11-2014 for State of Jammu Kashmir due to heavy rains, flood and devastation
</description>
</item>
<item>
<title>
SEBI amends clause 49 of Corporate Governance-exemption given to class of listed Cos.
</title>
<pubDate>
Mon, 15 Sep 2014 16:44:00 GMT
</pubDate>
<link>
https://abcaus.in/sebi/corporate-goverance-amendment/clause-49-exemption-listed-companies-related-party-transaction.html
</link>
<description>
SEBI Circular 15-09-2014-Listing Agreement Amendment to Clause 49 Corporate Governance. Exemption to listed cos and simplified related party transactions
</description>
</item>
<item>
<title>
Cos Act 2013, CSR Expenditure Capacity Building Limit of 5 percent shall include admin overheads.
</title>
<pubDate>
Mon, 15 Sep 2014 14:26:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact2013/csr-activities-expenditure/capacity-building-5-percent-limit-include-admin-overheads.html
</link>
<description>
Cos Act 2013 Section 135 Notification Rule 4(6). 5 percent total CSR expenditure limit on personnel capacity building to include administrative overheads
</description>
</item>
<item>
<title>
TDS on Interest ROC late Fee, fee u/s 234E - Income tax disallowance u/s 37(1)
</title>
<pubDate>
Sat, 13 Sep 2014 18:01:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/interest-tds-late-fee-234e-roc/business-expenditure-allowability-under-section-37.html
</link>
<description>
Interest on TDS, late fee RoC or 234E. Expenses allowed as business expenditure or disallowed under section 40(a) or 37(1) Income Tax Act, 1961
</description>
</item>
<item>
<title>
RBI Master Circular Wilful Defaulters declared ultra vires partially
</title>
<pubDate>
Fri, 12 Sep 2014 18:30:00 GMT
</pubDate>
<link>
https://abcaus.in/rbi/mastercirculars/wilful-defaulters-directors/ultra-vires-partially-declared-gujrat-high-court.html
</link>
<description>
RBI Master Circular Wilful Defaulters declared ultra vires to limited extent for being made applicable to all directors-Gujrat High Court
</description>
</item>
<item>
<title>
New Revised Excel Format Form-3CD Tax Audit Report 44AB
</title>
<pubDate>
Fri, 12 Sep 2014 10:48:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/tax-audit-44ab/new-revised-excel-format-form-3CD-tax-audit-report.html
</link>
<description>
New Revised Excel Format Form-3CD Tax Audit Report with Annexures download section 44AB Income Tax Act 1961. Auditors responsibility and prosecution 276C
</description>
</item>
<item>
<title>
TDS-Change in Section in TDS challan and Carry Forward of Challan to Next Assessment Year
</title>
<pubDate>
Thu, 11 Sep 2014 09:28:00 GMT
</pubDate>
<link>
https://abcaus.in/tdscpc/challan-itns-281/change-correction-section-quoted-carry-forward-excess-tds.html
</link>
<description>
Change in section quoted in TDS Challan, carry forward of excess TDS deposited to next assessment year after FY 2012-13
</description>
</item>
<item>
<title>
Bank Wilful defaulter and responsibility and complaint of CA Firm or auditors
</title>
<pubDate>
Wed, 10 Sep 2014 10:17:00 GMT
</pubDate>
<link>
https://abcaus.in/bank-wilful-defaulters/account-falsification/responsibility-complaint-auditor-ca-firm.html
</link>
<description>
RBI Guidelines Wilful Defaulters- Accounts Falsification, Complaint of negligent, deficient auditor chartered accountant firm with ICAI, IBA MCA, CAG
</description>
</item>
<item>
<title>
RBI Clarification on Wilful Defaulters-Clarification for Guarantor, Lender and Unit
</title>
<pubDate>
Tue, 9 Sep 2014 16:22:00 GMT
</pubDate>
<link>
https://abcaus.in/rbi/mastercirculars/guidelines-wilful-defaulters-clarifications-guarantors-lender.html
</link>
<description>
RBI Master Circular-Gidelines on Wilful Defaulters Clarification regarding Guarantors Lender Units
</description>
</item>
<item>
<title>
ITAT expresses serious concerns severe fall in standards CA profession-Do you agree?
</title>
<pubDate>
Sat, 6 Sep 2014 14:42:00 GMT
</pubDate>
<link>
https://abcaus.in/ca-profession/itat-mumbai-severe-fall-ca-profession-standard.html
</link>
<description>
ITAT Mumbai expresses serious concern over severe fall in standards CA profession. Are you proud to be a CA?
</description>
</item>
<item>
<title>
Cash credit us 68 Income Tax Act include debit side entry also-Allahabad HC
</title>
<pubDate>
Fri, 5 Sep 2014 16:14:00 GMT
</pubDate>
<link>
https://abcaus.in/allahabad-high-court/income-tax/cash-credits-section-68-debit-side-entry.html
</link>
<description>
Allahabad High Court-The word any sum found credited section 68 Income Tax Act 1961 means not only credit entry but include entry debit side entry also
</description>
</item>
<item>
<title>
Cos Act Amendment-CAG power to appoint auditor of Central State Govt. owned controlled Cos.
</title>
<pubDate>
Fri, 5 Sep 2014 12:24:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact2013/cag-power-to-appoint-auditor/companies-owned-controlled-by-central-state-government.html
</link>
<description>
Cos Act 2013-CAG power to appoint auditor in Govt. companies or owned, controlled, directly, indirectly, by Central, State Governments.
</description>
</item>
<item>
<title>
Allahabad HC- Dividend on Shares held as stock in trade taxable as income from other sources
</title>
<pubDate>
Thu, 4 Sep 2014 14:30:00 GMT
</pubDate>
<link>
https://abcaus.in/allahabad-high-court/share-held-stock-in-trade/dividend-taxable-income-from-other-sources.html
</link>
<description>
Allahabad High Court-Dividend received on shares held as stock-in-trade in shares business taxable as income from other sources not as business income
</description>
</item>
<item>
<title>
Auditors Resignation-Who shall file GNL2 with ADT3 under Companies Act 2013
</title>
<pubDate>
Wed, 3 Sep 2014 16:28:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact2013/auditor-resignation-section-140/adt3-gnl2-filing-company-auditor.html
</link>
<description>
How to give intimation of ADT-3 to RoC to avoid penalty under section 140(3) of Companies Act, 2013
</description>
</item>
<item>
<title>
CBDT Instruction-Income-tax Compulsory Manual Selection of Cases for Scrutiny during FY 2014-15
</title>
<pubDate>
Wed, 3 Sep 2014 13:09:00 GMT
</pubDate>
<link>
https://abcaus.in/incometaxscrutinycriteria/cbdt-compulsory-manual-case-selection-during-fy-2014-15.html
</link>
<description>
CBDT Instruction No 6-2014.Income-tax Compulsory Manual Selection of Cases for Scrutiny during FY 2014-15 Criteria Guidelines
</description>
</item>
<item>
<title>
Cos Act 2013-Professional Firms/LLP of CA CMA CS with more than 20 Partners now permitted
</title>
<pubDate>
Wed, 3 Sep 2014 09:58:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact2013/professional-firms-llp/registered-with-more-than-twenty-partners.html
</link>
<description>
Professional Firms/ LLP Chartered / Cost Accountants, Company Secretaries with more than 20 Partners permitted under Cos Act 2013
</description>
</item>
<item>
<title>
HC-No service tax on excise/VAT paid goods used in the repairing process
</title>
<pubDate>
Tue, 2 Sep 2014 15:00:00 GMT
</pubDate>
<link>
https://abcaus.in/allahabad-high-court/servicetax/excise-vat-paid-goods-repairing-process.html
</link>
<description>
Allahabad High Court-Service tax is not required to be paid on goods used in the repairing process on which Excise duty and VAT has been paid
</description>
</item>
<item>
<title>
Bank Savings Bank Inoperative Account where Customer Mandates Share Dividend Credit
</title>
<pubDate>
Mon, 1 Sep 2014 16:32:00 GMT
</pubDate>
<link>
https://abcaus.in/rbi/inoperative-dormant-savings-bank-account/customer-induced-mandate-share-dividend-credit.html
</link>
<description>
RBI- Savings bank accounts with customer mandated share dividend credit be treated inoperative, dormant after 2 years with no other induced transaction
</description>
</item>
<item>
<title>
Cos Act 2013 Amendment Schedule II related to useful life to compute depreciation
</title>
<pubDate>
Sun, 31 Aug 2014 18:07:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact2013/amendment-scheduleii-part-a-c/useful-lives-to-compute-depreciation.html
</link>
<description>
MCA Notification- Amendment to Schedule II Companies Act 2013 Part C and Part A related to useful lives of assets to compute depreciation
</description>
</item>
<item>
<title>
CBDT Orders Officer to maintain taxpayers appointment schedule, not to make them wait
</title>
<pubDate>
Sat, 30 Aug 2014 08:03:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/cbdt-order/officers-maintain-taxpayer-appointment-schedule.html
</link>
<description>
CBDT Order instructing officers maintain appointment schedule. Taxpayers, witnesses, representatives called for hearing not to be made wait for their turn
</description>
</item>
<item>
<title>
AS-10-16 to apply to borrowing cost capitalization of power projects cost plus or competitive bid
</title>
<pubDate>
Fri, 29 Aug 2014 09:45:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact2013/borrowing-cost-capitalisation/applicability-as10-16/power-projects-costplus-competitivebid.html
</link>
<description>
MCA Circular 35-2014. Applicability of Accounting Standard 10-16 to power projects cost plus or competitive bid for capitalization of borrowing cost.
</description>
</item>
<item>
<title>
EPF wage ceiling limit increased 15000 from 6500 wef 01-09-2014
</title>
<pubDate>
Fri, 29 Aug 2014 09:29:00 GMT
</pubDate>
<link>
https://abcaus.in/employee-provident-fund/wage-ceiling-limit-increased-15000-from-6500.html
</link>
<description>
Notification for increase in EPF EPS Wage Ceiling Limit from 6500 to 15000, Minimum Pension Limit 1000 per month, benefit ELDI Scheme from 01-09-2014
</description>
</item>
<item>
<title>
CBDT forms committee-prior approval required to retrospectively tax deemed transfer of shares
</title>
<pubDate>
Thu, 28 Aug 2014 16:45:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/retrospective1962/cbdt-committee-approval-deemed-transfer-shares.html
</link>
<description>
CBDT has formed committee for seeking prior approval for action to be taken for retrospective taxation of deemed share transfer
</description>
</item>
<item>
<title>
Launch of Hindi devanagari Bharat domain name IN registry
</title>
<pubDate>
Wed, 27 Aug 2014 15:28:00 GMT
</pubDate>
<link>
https://abcaus.in/cctld-inregistry/bharat-domain-name-hindi-devanagari-script.html
</link>
<description>
Launch of Bharat Country Code Top Level Domain ccTLD Name in Hindi devanagari script by IN registry
</description>
</item>
<item>
<title>
PM Narendra Modi Pradhan Mantri Jan Dhan Yojana (PMJDY) Mobile Banking Facility
</title>
<pubDate>
Wed, 27 Aug 2014 15:28:00 GMT
</pubDate>
<link>
https://abcaus.in/Pradhan-Mantri-Jan-Dhan-Yojana/pmjdy-mobile-banking-facility-basic-phone.html
</link>
<description>
Prime Minister Modi Pradhan Mantri Jan Dhan Yojana PMJDY- Basic Phone Mobile Banking Facility
</description>
</item>
<item>
<title>
Service Tax Notification-Effective date for taxability of Radio Taxi services, space time slot advertisement
</title>
<pubDate>
Tue, 26 Aug 2014 17:42:00 GMT
</pubDate>
<link>
https://abcaus.in/servicetax/notification-effective-date/radio-taxi-selling-space-time-slot-advertisement.html
</link>
<description>
Service Tax effective Date Notification-Radio Taxi, Selling Space Time Slot for advertisement except Print Media. Determination of Rate of Exchange
</description>
</item>
<item>
<title>
RBI simplified KYC Norms for Bank Account Opening
</title>
<pubDate>
Tue, 26 Aug 2014 16:15:00 GMT
</pubDate>
<link>
https://abcaus.in/rbi/bank-accounts-opening/simplified-know-your-customer-norms.html
</link>
<description>
RBI Simplified Know Your Client Norms for opening bank accounts. 6 easy steps to open a bank account
</description>
</item>
<item>
<title>
Supreme Court declares Coal Block Allocation since 14-07-1993 as illegal
</title>
<pubDate>
Mon, 25 Aug 2014 19:34:00 GMT
</pubDate>
<link>
https://abcaus.in/supreme-court-judgement/coal-block-allocations-since-1993-illegal.html
</link>
<description>
Supreme court declares all coal block allocation recommended by screening committee or through Government dispensation since 1993 as illegal
</description>
</item>
<item>
<title>
Mumbai Panel of CA Firms for conducting Special Income Tax Audit U/s 142(2A)
</title>
<pubDate>
Mon, 25 Aug 2014 19:34:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/special-audit-us-142/mumbai-ca-firms-empanelment.html
</link>
<description>
Mumbai CA Firms fresh Panel dated 05-08-2014 for conducting Special Audit Us 142-2-A Income Tax Act, 1961
</description>
</item>
<item>
<title>
Service Tax Mega Exemption-Haj Mansarover Religious Pilgrimage
</title>
<pubDate>
Mon, 25 Aug 2014 15:11:00 GMT
</pubDate>
<link>
https://abcaus.in/servicetax/mega-exemption-haj-mansarovar-pilgrimage-yatra.html
</link>
<description>
Service Tax Mega Exemption-Haj and Mansarover Religious Pilgrimage Yatra facilitated by Kumaon Mandal Vikas Nigam, Haj Committee
</description>
</item>
<item>
<title>
CBDT Due Date Extension for ITR filing AY 2014-15 Why Panic?
</title>
<pubDate>
Mon, 25 Aug 2014 07:42:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/cbdt-due-date-extension-itr-filing-ay-2014-15.html
</link>
<description>
Would CBDT extend ITR Filing due date for assessee under Tax Audit us 44AB for AY 2014-15 Yes and dont panic
</description>
</item>
<item>
<title>
Comptroller Auditor General-CAG India since Independence
</title>
<pubDate>
Sun, 24 Aug 2014 17:45:00 GMT
</pubDate>
<link>
https://abcaus.in/comptroller-auditor-general-india/list-of-cag-of-india-since-independence.html
</link>
<description>
List of Comptroller and Auditor General-CAG of India since Independence 15-08-1947- Name , Period, Services and post last held
</description>
</item>
<item>
<title>
Copy of Judgement-HC allows CA-CWA-CS to appear before UP VAT Authorities
</title>
<pubDate>
Sat, 23 Aug 2014 08:03:00 GMT
</pubDate>
<link>
https://abcaus.in/allahabad-high-court/ca-allowed-appear-before-up-vat-authorities.html
</link>
<description>
Copy of Allahabad High Court Order allowing CA, CWA, CS to appear before UP VAT authorities
</description>
</item>
<item>
<title>
Income Tax E-filing forgotten password reset recovery by Net Banking
</title>
<pubDate>
Fri, 22 Aug 2014 18:06:00 GMT
</pubDate>
<link>
https://abcaus.in/income-tax-efiling-access/password-recovery-reset-net-banking-account.html
</link>
<description>
Income Tax E-filing forgotten password resetting recovery.Direct access by using Net Banking Account Facility of Bank
</description>
</item>
<item>
<title>
High Court allows Chartered Accountants to appear befre UP VAT Authorities
</title>
<pubDate>
Wed, 20 Aug 2014 17:55:00 GMT
</pubDate>
<link>
https://abcaus.in/allahabad-high-court/ca-allowed-appear-before-up-vat-authorities.html
</link>
<description>
Allahabad High Court Order allows chartered accountants to appear before UP VAT authorities against interim stay favouring advocates
</description>
</item>
<item>
<title>
CBDT extends Tax Audit Report filing due date for AY 2014-15 to 30-11-2014
</title>
<pubDate>
Wed, 20 Aug 2014 14:36:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/cbdt-extends-tax-audit-report-due-date-ay-2014-15.html
</link>
<description>
CBDT Order u/s 119 dt. 20-08-2014. Due Date Extention for obtaining furnishing Tax Audit Report u/s 44AB from 30-09-2014 to 30-11-2014
</description>
</item>
<item>
<title>
Beware-Missed Call International ISD +92 +93 Telephone Numbers Scam
</title>
<pubDate>
Mon, 18 Aug 2014 17:57:00 GMT
</pubDate>
<link>
https://abcaus.in/telephone-mobile-scam-fraud/missed-call-international-number-92-93.html
</link>
<description>
Telephone Scam-Missed calls from International Premium Rate Numbers IPRN with 92 93 prefix. Caling back would reduce your balance.
</description>
</item>
<item>
<title>
MEF 2014-15 ICAI calls financial documents for random verification
</title>
<pubDate>
Sun, 17 Aug 2014 08:50:00 GMT
</pubDate>
<link>
https://abcaus.in/icai-mef-list-2014-15/financial-documents-random-verification.html
</link>
<description>
ICAI has called financial documents for 10% of MEF 2014-15 by 29-08-2014. Check your name in the list and send the documents.
</description>
</item>
<item>
<title>
MCA-Revised Rules for permitted Related Party transactions by special resolutions
</title>
<pubDate>
Sat, 16 Aug 2014 18:45:00 GMT
</pubDate>
<link>
https://abcaus.in/companiesact2013/related-party-transactions/special-resolution-approval.html
</link>
<description>
Revised Rule 15-3 permitting related party transactions by special resolution for contracts arrangements, appointment, remuneration.
</description>
</item>
<item>
<title>
Indian PM Narendra Modi Independence Day Speech 15-08-2014 Key Highlights
</title>
<pubDate>
Fri, 15 Aug 2014 18:20:00 GMT
</pubDate>
<link>
https://abcaus.in/independence-day-15-08-2014/pm-narendra-modi-speech-key-highlights.html
</link>
<description>
Indian PM Narendra Modi 68th Independence Day Speech-Key Highlights
</description>
</item>
<item>
<title>
Indian PM Narendra Modi Independence Day Speech 15-08-2014 Full text
</title>
<pubDate>
Fri, 15 Aug 2014 18:20:00 GMT
</pubDate>
<link>
https://abcaus.in/independence-day-15-08-2014/pm-narendra-modi-complete-speech-full-text.html
</link>
<description>
Indian PM Narendra Modi 68th Independence Day First Speech at Red Fort on 15-08-2014. Complete and Full Text
</description>
</item>
<item>
<title>
MP High Court Interim Stays demand 234E for delay in TDS return
</title>
<pubDate>
Fri, 15 Aug 2014 12:50:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/mp-high-court-interim-stay-demand-234e.html
</link>
<description>
MP High Court grants Interim Stay against demand U/S 234E of Income Tax Act in writ petition challenging section as ultra vires the constitution
</description>
</item>
<item>
<title>
RBI reduces Other Banks ATM free transaction usage limit to 3 per month
</title>
<pubDate>
Fri, 15 Aug 2014 09:13:00 GMT
</pubDate>
<link>
https://abcaus.in/rbi/other-banks-atm-usage/free-transactions-reduced-three-per-month.html
</link>
<description>
RBI\x96free transactions limit of Other Banks ATM use reduced to 3 per month for 6 metro cities. In other cities 5 free usage to continue.
</description>
</item>
<item>
<title>
Members of Dispute Resolution Panel DRP Mumbai Pune from 13-08-2014
</title>
<pubDate>
Thu, 14 Aug 2014 12:47:00 GMT
</pubDate>
<link>
https://abcaus.in/incometax/dispute-resolution-panel/drp-mumbai-pune.html
</link>
<description>
CBDT order-Members of Dispute Resolution Panel DRP Mumbai and Pune from 13-08-2014.
</description>
</item>
<item>
<title>MCA launches Company Law Settlement Scheme 2014 for two months 15-08-2014 to 15-10-2014</title>
<pubDate>Wed, 13 Aug 2014 15:33:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/clss2014/company-law-settlement-scheme-2014.html</link>
<description>
MCA launches Company Law Settlement Scheme CLSS 2014.15-08-2014 to 15-10-2014.Prosecution Immunity to defaulting and inactive cos
</description>
</item>
<item>
<title>Independent Directors Repository Portal Cos Act 2013 starts.FAQ</title>
<pubDate>Tue, 12 Aug 2014 15:25:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/independent-directors-repository-website-portal.html</link>
<description>
Independent Directors Repository Portal Website us 150 Cos Act 2013.FAQ, Registration procedure,Information documents required, charges, fee, process etc.
</description>
</item>
<item>
<title>Board approves SEBI Infrastructure Investment Trusts (INVIT) Regulations 2014</title>
<pubDate>Mon, 11 Aug 2014 17:25:00 GMT</pubDate>
<link>https://abcaus.in/sebi/invit/sebi-infrastructure-investment-trust-regulations-2014.html</link>
<description>
Key-Silent features of SEBI Infrastructure Investment Trusts (INVIT) Regulations 2014
</description>
</item>
<item>
<title>Board approves SEBI Real Estate Investment Trusts (REIT) Regulations 2014</title>
<pubDate>Mon, 11 Aug 2014 17:25:00 GMT</pubDate>
<link>https://abcaus.in/sebi/reit/sebi-real-estate-investment-trust-regulations-2014.html</link>
<description>
Key-Silent features of SEBI Real Estate Investment Trust-REIT Regulations 2014
</description>
</item>
<item>
<title>Allahabad High Court's Interim Stay-Only registered advocates to appear in UP Vat Act</title>
<pubDate>Fri, 08 Aug 2014 18:43:00 GMT</pubDate>
<link>https://abcaus.in/up-vat/allahabadhighcourtstay/appearance-person-other-than-registered-advocates.html</link>
<description>
Allahabad High Court grants interim stay on appearance before authorities under UP VAT Act, persons other than registered advocates
</description>
</item>
<item>
<title>SEBI, Cos Act 2013-At least one Woman Director in Board of Companies</title>
<pubDate>Fri, 08 Aug 2014 15:38:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/sebi-one-woman-director-in-board.html</link>
<description>
Provisions related to at least one woman director in board of companies. Section 149 of Cos Act 2013 and Clause 49 of Listing Agreement
</description>
</item>
<item>
<title>MCA-Slum Development included in SChedule VII as CSR Activities </title>
<pubDate>Fri, 08 Aug 2014 13:34:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/csractivities/slum-area-development.html</link>
<description>
MCA Notification-Slum Area Development notified as Corporate Social Responsibility CSR Activities under Schedule VII Companies Act 2013
</description>
</item>
<item>
<title>EPFO orders inspection of Establishments splitting wages to reduce PF liability</title>
<pubDate>Thu, 07 Aug 2014 16:41:00 GMT</pubDate>
<link>https://abcaus.in/epfo-circular/establishments-inspection/wages-splitting-reduce-pf-liability.html</link>
<description>
EPFO Circular. Inspection of establishments splitting wages to reduce PF liability if contribution deducted less than 50 percent or less of total wages
</description>
</item>
<item>
<title>Income-tax Spam Email-30000 Rs deducted from Net banking account</title>
<pubDate>Thu, 07 Aug 2014 08:52:00 GMT</pubDate>
<link>https://abcaus.in/incometax/fraudulent-spam-email/deduction-from-net-banking-account.html</link>
<description>
Beware of Spam-fraudulent email in the name of Income-tax department informing 30000 Rs deducted from your Net banking account.Don not click on link.
</description>
</item>
<item>
<title>Distribution of work zones among members of CBDT wef 05-08-2014</title>
<pubDate>Wed, 06 Aug 2014 11:12:00 GMT</pubDate>
<link>https://abcaus.in/incometax/cbdtmemberszonedistribution.html</link>
<description>
Distribution of zones amongst chairman and members of CBDT with effect from 05-08-2014. Substantive, Additional Charge and Zonal responsibilities
</description>
</item>
<item>
<title>Delhi High Court declares Service Tax Rule 5A-2 related to Audit as Ultra Vires</title>
<pubDate>Tue, 05 Aug 2014 18:44:00 GMT</pubDate>
<link>https://abcaus.in/servicetaxaudit/rule5A2section72Adelhihighcourt.html</link>
<description>
Delhi High Court quashes audit under rule 5A-2 of Service Tax Rules, declares it Ultra Vires. The only provision on scrutiny and audit is Section 72A
</description>
</item>
<item>
<title>Enhancement of investment limit for micro, small and medium manufacturing enterprises</title>
<pubDate>Tue, 05 Aug 2014 14:00:00 GMT</pubDate>
<link>https://abcaus.in/micro-small-medium-enterprise/investment-limit-plant-machinery.html</link>
<description>
MSMED Act 2006. Micro Small Medium Enterprise Investment Limit in plant machinery and equipment for manufacturing and service sector
</description>
</item>
<item>
<title>SEBI-time gap of 15 minutes between two AGMs is not enough</title>
<pubDate>Mon, 04 Aug 2014 15:16:00 GMT</pubDate>
<link>https://abcaus.in/sebi/listed-companies/fifteen-minutes-time-gap-between-two-agms.html</link>
<description>
SEBI-15 minutes allocation for conducting AGM by listed companies of common group with more than one lakh shareholders is not adequate enough
</description>
</item>
<item>
<title>Securities Laws Amendment Bill 2014 SEBI empowered to curb Ponzi Schemes</title>
<pubDate>Mon, 04 Aug 2014 13:40:00 GMT</pubDate>
<link>https://abcaus.in/sebi/securities-law-amendment-bill-2014/action-against-ponzi-schemes.html</link>
<description>
Securities Laws Amendment Bill 2014 introduced in Lok Sabha, SEBI empowered to initiate Action against Unregulated Deposit Taking and Ponzi Schemes.
</description>
</item>
<item>
<title>Clarification-Deduction 10A-10AA-Software industry technical Man-power transfer to SEZ unit</title>
<pubDate>Fri, 01 Aug 2014 12:00:00 GMT</pubDate>
<link>https://abcaus.in/incometax/deduction-section-10-10A-allowability/transfer-software-developers-existing-sez-units.html</link>
<description>
CBDT Circular 12-2014 Allowability of Deduction 10A-10AA transfer of technical Man-power software industry existing unit to new SEZ unit
</description>
</item>
<item>
<title>MCA Circular-Auditors Appointment in Deemed Government Cos by CAG</title>
<pubDate>Thu, 31 Jul 2014 12:00:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/deemed-government-company/auditors-appointment-cag-section139.html</link>
<description>
Cos Act 2013 MCA Circular 33-2014. Auditors Appointment in Deemed Government Cos by CAG us 139-5 139-7 on lines of 619B of the Old Act
</description>
</item>
<item>
<title>CBDT Notifies revised Tax Audit Form 3CA 3CB 3CD - Summary of Changes</title>
<pubDate>Mon, 28 Jul 2014 20:44:00 GMT</pubDate>
<link>https://abcaus.in/incometax/cbdt-notification/new-revised-tax-audit-report-form-3ca-3cb-3cd.html</link>
<description>
CBDT Notification 25-07-2014. New revised Tax Audit Report Form 3CA 3CB 3CD. Summary of Changes and reporting requirements as per revised forms
</description>
</item>
<item>
<title>Non-charitable AIFs taxable as Representative Assessee</title>
<pubDate>Mon, 28 Jul 2014 14:12:00 GMT</pubDate>
<link>https://abcaus.in/incometax/AIF/incometax-non-chartitable-alternative-investment-funds.html</link>
<description>
Circular-Non charitable Alternative Investment Funds Income is taxable in trustees hands at maximum marginal rates as Representative Assessee
</description>
</item>
<item>
<title>Cos Act 2013 electronic records maintenance- discretionary option given</title>
<pubDate>Mon, 28 Jul 2014 07:56:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/electronic-records-maintenance/cos-discretionary-option.html</link>
<description>
MCA Notification-Discretionary option to cos to maintain records in electronic form u/s section 120
</description>
</item>
<item>
<title>Cos Act 2013 directors managers relatives in private co Section 2-76 </title>
<pubDate>Sat, 26 Jul 2014 05:27:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/related-party/relatives-directors-managers-section2-76.html</link>
<description>
MCA ROD Order 24-07-2014. Relatives of directors or managers in a private company would render it a related party under section 2-76 sub-section iv
</description>
</item>
<item>
<title>KMP Section 203 Cos Act 2013 Notification-Common chairperson MD CEO </title>
<pubDate>Fri, 25 Jul 2014 17:39:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/kmp/common-chairperson-md-ceo-multiple-business.html</link>
<description>
Appointment of Key Managerial Person, Section 203 Cos Act 2013 Notification.Common chairperson MD CEO for multiple business classes of companies
</description>
</item>
<item>
<title>CIC decision on RTI Application for action taken on Law Commission Reports</title>
<pubDate>Fri, 25 Jul 2014 15:37:00 GMT</pubDate>
<link>https://abcaus.in/central-information-commission/rti-application-law-commission-reports.html</link>
<description>
Central Information Commission decision on RTI Application by Maniram for action taken on Law Commission Reports by Department of Legal Affairs and Justice
</description>
</item>
<item>
<title>MCA-Transitional Period for Resolutions passed under Companies Act 1956</title>
<pubDate>Fri, 25 Jul 2014 11:22:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/transitional-period-resolutions-passed-under-cos-act-1956.html</link>
<description>
MCA Clarification-Transitional period for Resolutions passed under Companies Act 1956 from 01-09-2013 to 31-03-2014
</description>
</item>
<item>
<title>Income-tax Deptt. to Use non intrusive innovative investigation methods</title>
<pubDate>Fri, 25 Jul 2014 09:55:00 GMT</pubDate>
<link>https://abcaus.in/incometax/non-intrusive-innovative-investigation-methods.html</link>
<description>
Fin. Minister Asks Income Tax Deptt. - Maximise Non Intrusive Innovative Investigation Methods and Training for Upgradation of Skills, Capacity Building
</description>
</item>
<item>
<title>MCA-Expired name availability period extended to 18-08-2014 for 1930 cases</title>
<pubDate>Tue, 22 Jul 2014 04:48:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/namereservationperiod/extendedfor1930cases.html</link>
<description>
MCA Circular 31-2014 further extension of name availability period of 1930 cases where 60 days have expired due to MCA21 implementation
</description>
</item>
<item>
<title>Expert Committee to review cost audit rules \x96 Institutes of Cost Accountants</title>
<pubDate>Mon, 21 Jul 2014 05:19:00 GMT</pubDate>
<link>https://abcaus.in/institute-of-cost-accountants/expert-committee-review-costauditrules2014.html</link>
<description>
Expert Committee to review Cos Cost Audit Rules 2014 on representations of Institutes of Cost Accountants for implications on cost accountancy profession
</description>
</item>
<item>
<title>Application forms pending before commencement of Cos Misc Rules 2014</title>
<pubDate>Fri, 18 Jul 2014 18:57:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/miscellaneous-rules/forms-pending-with-roc-rd-cg.html</link>
<description>
Applications-forms pending before CG, RD RoC before commencement of Cos Miscellaneous rules 2014 to be disposed of under Cos Act 1956
</description>
</item>
<item>
<title>Cos Act 2013 Related Party-Independent Directors of Holding Cos </title>
<pubDate>Fri, 18 Jul 2014 18:57:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/related-party/independent-directors-holding-company.html</link>
<description>
Independent Directors of Holding Companies not to be treated as related party to subsidiary
</description>
</item>
<item>
<title>RBI-Liberalised Remittance Scheme-Limit increased USD 125000 </title>
<pubDate>Fri, 18 Jul 2014 14:02:00 GMT</pubDate>
<link>https://abcaus.in/rbi/liberalised-remittance-scheme/LRS-limit-resident-individual.html</link>
<description>
RBI Liberalised Remittance Scheme-Resident individual limit increased USD 125000 per financial year. Immovable property acquisition outside India allowed
</description>
</item>
<item>
<title>CBDT-Committee to study appellate orders, filing appeals before ITAT </title>
<pubDate>Fri, 18 Jul 2014 11:12:00 GMT</pubDate>
<link>https://abcaus.in/incometax/committee-to-study-appeal-filing-itat.html</link>
<description>
CBDT-Committee to examine and analysis appellate orders before CIT Appeals, filing of appeals by income tax department before ITAT to reduce litigation.
</description>
</item>
<item>
<title>MCA Circular-Clarification-Related party transactions section 188 </title>
<pubDate>Thu, 17 Jul 2014 18:08:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/related-party-transaction-section-188.html</link>
<description>
MCA Circular 30-2014. Scope of section 188-1, Fresh approvals for past contracts and applicability to corporate restructuring and amalgamations.
</description>
</item>
<item>
<title>ABCAUS Excel Invoice Bill Book for CA, CPA, CS, CMA etc.</title>
<pubDate>Thu, 17 Jul 2014 15:28:00 GMT</pubDate>
<link>https://abcaus.in/chartered-accountants/excel-auto-invoice-bill-book-template.html</link>
<description>
ABCAUS Excel Auto Bill Book Invoice Template for Chartered Accountants, other Professionals.New version 07.14 Bill Re-issue, Bill Series option.
</description>
</item>
<item>
<title>TDS Rate chart for FY 2014-15 AY 2015-16 after Budget 2014-15</title>
<pubDate>Wed, 16 Jul 2014 09:29:00 GMT</pubDate>
<link>https://abcaus.in/incometax/tds-rate-chart-fy2014-15-ay2015-16.html</link>
<description>
TDS Rate chart for FY 2014-15 AY 2015-16 after Budget 2014-15 changes
</description>
</item>
<item>
<title>Has there really been an increase in EPF Wage Ceiling Limit?</title>
<pubDate>Tue, 15 Jul 2014 15:09:00 GMT</pubDate>
<link>https://abcaus.in/budget-2014/wage-ceiling-limit-increase-epf-eps.html</link>
<description>
Increase in mandatory wage ceiling of subscription to Employees Pension Scheme 1995 EPS from Rs. 6,500 to Rs. 15,000
</description>
</item>
<item>
<title>Availability-income tax rebate U/s 87A AY 2015-16</title>
<pubDate>Tue, 15 Jul 2014 15:09:00 GMT</pubDate>
<link>https://abcaus.in/incometax/rebatesection87aavailabilityay201516.html</link>
<description>
Availability of rebate section 87A in AY 2015-16. No income tax is payable up to total income of Rs. 270000
</description>
</item>
<item>
<title>MCA Clarification on Duplicate DIN Numbers</title>
<pubDate>Sat, 12 Jul 2014 15:29:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/DIN/duplicate-din-surrender-procedure.html</link>
<description>
Cos Act 2013-Duplicate Director Identification Number DIN, Procedure for surrender cancellation, Punishment and fine, Application in Form DIR5, Rule 11.
</description>
</item>
<item>
<title>Input Service Credit unit distribution to be pro-rata in turnover ratio.</title>
<pubDate>Fri, 11 Jul 2014 15:07:00 GMT</pubDate>
<link>https://abcaus.in/servicetax/cenvatcreditrules/inputservicecreditdistribution.html</link>
<description>
Circular 178. Input Service Credit distribution among more than one unit to be pro rata in turnover ratioas per Cenvat Credit Rules 2004
</description>
</item>
<item>
<title>Monetary limits Revision-filing of appeals by Income Tax Department</title>
<pubDate>Fri, 11 Jul 2014 13:16:00 GMT</pubDate>
<link>https://abcaus.in/incometax/tribunal-highcourt-supremecourt-appeal/monetarylimitrevision.html</link>
<description>
CBDT Instruction 5-2014. Revision of monetary limits for filing appeals by Department before Income Tax Appellate Tribunal, High Courts and Supreme Court
</description>
</item>
<item>
<title>New Income-tax basic exemption slabs rates AY 2014-15</title>
<pubDate>Fri, 11 Jul 2014 07:42:00 GMT</pubDate>
<link>https://abcaus.in/incometax/budget2014-15/incometax-rate-exemption-limit-slab-ay201516.html</link>
<description>
Income-tax basic exemption limit slabs rates chart table after budget AY 2014-15. Rates for individual, huf, senior citizens, super senior citizens
</description>
</item>
<item>
<title>MCA Circular MGT14 to be under STP Mode </title>
<pubDate>Fri, 11 Jul 2014 03:19:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/roc-filing/eform-mgt14-to-be-under-stp-mode.html</link>
<description>
Cos Act 2013 Circular 28-2014. Filing of resolutions and agreements in e-form MGT-14 to be processed under Straight Through Process-STP mode
</description>
</item>
<item>
<title>Budget-201415-Service Tax key Highlights </title>
<pubDate>Thu, 10 Jul 2014 18:58:00 GMT</pubDate>
<link>https://abcaus.in/servicetax/Budget2014-15/service-tax-key-highlights.html</link>
<description>
Budget 2014-15.Key Features Highlights-Service Tax. New taxable services, changes-negative list, new exemptions and exemptions withdrawn </description>
</item>
<item>
<title>Budget201415-No Major Changes in Service Tax </title>
<pubDate>Thu, 10 Jul 2014 07:49:00 GMT</pubDate>
<link>https://abcaus.in/incometax/Budget2014-15/incometax-servicetax-highlights.html</link>
<description>
Service Tax threshold Limit of 10 lacs and rate of 12 percent remains unchanged </description>
</item>
<item>
<title>Budget201415-Disallownace for non deduction of tax at source reduced</title>
<pubDate>Thu, 10 Jul 2014 07:49:00 GMT</pubDate>
<link>https://abcaus.in/incometax/Budget2014-15/incometax-servicetax-highlights.html</link>
<description>
Disallowance for non deduction of tax at source us 40(a)(ai) restricted to 30% only </description>
</item>
<item>
<title>Budget201415-Income Tax Slab increased to 2.50 lacs </title>
<pubDate>Thu, 10 Jul 2014 07:34:00 GMT</pubDate>
<link>https://abcaus.in/incometax/Budget2014-15/incometax-servicetax-highlights.html</link>
<description>
Personal Income tax Slab increased to 2.50 lacs for all and 3.00 lacs for senior citizens
</description>
</item>
<item>
<title>Budget201415-Investment Limit in Section 80C increased </title>
<pubDate>Thu, 10 Jul 2014 07:34:00 GMT</pubDate>
<link>https://abcaus.in/incometax/Budget2014-15/incometax-servicetax-highlights.html</link>
<description>
Investment Limit in Section 80C increased from rs. 1.00 lacs to rs. 1.50 lacs </description>
</item>
<item>
<title>Budget201415-Housing Loan interest deduction limit increased </title>
<pubDate>Thu, 10 Jul 2014 07:34:00 GMT</pubDate>
<link>https://abcaus.in/incometax/Budget2014-15/incometax-servicetax-highlights.html</link>
<description>
Housing Loan interest deduction limit for self occupied house increased to rs. 2.00 lacs from rs. 1.50 lacs </description>
</item>
<item>
<title>Budget 2014-15 - Watch Live </title>
<pubDate>Thu, 10 Jul 2014 04:26:00 GMT</pubDate>
<link>https://abcaus.in/incometax/Budget2014-15/incometax-servicetax-highlights.html</link>
<description>
Union Budget 2014-15. Watch Live webcast at ABCAUS
</description>
</item>
<item>
<title>Budget 2014-15 -Income Tax Service Tax Key Highlights </title>
<pubDate>Wed, 9 Jul 2014 11:23:00 GMT</pubDate>
<link>https://abcaus.in/incometax/Budget2014-15/incometax-servicetax-highlights.html</link>
<description>
Union Budget 2014-15. Key Features and Highlights - Income Tax, Service Tax, Exemption Limits and more. Download Budget Documents
</description>
</item>
<item>
<title>Excel Automatic NSC Accrued Interest Calculator </title>
<pubDate>Tue, 8 Jul 2014 07:33:00 GMT</pubDate>
<link>https://abcaus.in/nsc-accrued-interest-calculator/excelautonscinterestcalculator.html</link>
<description>
Excel based automatic claculator for calculating accrued interest on NSC VIII Issue
</description>
</item>
<item>
<title>Law Commission Report : Manpower Planning in Judiciary-A Blue Print</title>
<pubDate>Mon, 7 Jul 2014 14:31:00 GMT</pubDate>
<link>https://abcaus.in/lawcommissionreport/manpowerplanninginjudiciary.html</link>
<description>
Law Commission Report on Manpower Planning in Judiciary to overcome shortage of judges, vacancies and setting up new courts etc.
</description>
</item>
<item>
<title>SC-Disallowance 40aia apply to amount payable at the end of the year</title>
<pubDate>Sat, 5 Jul 2014 14:20:00 GMT</pubDate>
<link>https://abcaus.in/disallowance40aia/supremecourt/amountpayableattheyearend.html</link>
<description>
Disallowance 40aia apply to amount remaining payable at the end of the financial year.SC uphelds Allahabad High Court Judgement
</description>
</item>
<item>
<title>SEBI New Lucknow Office inagurated at Gomti Nagar</title>
<pubDate>Sat, 5 Jul 2014 11:04:00 GMT</pubDate>
<link>https://abcaus.in/sebi/lucknowlocalofficeaddressofsebi.html</link>
<description>
SEBI New Lucknow Office Address-3rd Floor Eldeco Corporate Chambers-II Vibhuti Khand Gomti Nagar 226010 Tel 0522-6005226 email lucknow-lo@sebi.gov.in
</description>
</item>
<item>
<title>ICAI-Tax Audit Limit shall be with reference to Assessment Year </title>
<pubDate>Sat, 5 Jul 2014 09:43:00 GMT</pubDate>
<link>https://abcaus.in/icai/taxauditlimitincreasedtosixty.html</link>
<description>
ICAI has clarified that the specified limit of 60 would relate to an assessment year as against the existing stipulation of a financial year.
</description>
</item>
<item>
<title>Income Tax E-filing one mobile and email is valid for 10 users </title>
<pubDate>Sat, 5 Jul 2014 08:35:00 GMT</pubDate>
<link>https://abcaus.in/incometaxefiling/emailmobiledetailsupdation.html</link>
<description>
MoF has clarified that One mobile number or email ID can be used for a maximum of 10 user accounts Primary Contact
</description>
</item>
<item>
<title>ICAI Multi-purpose Empanelment Form 2014-15. Last Date 4th August</title>
<pubDate>Wed, 2 Jul 2014 16:04:00 GMT</pubDate>
<link>https://abcaus.in/icai-mef/MultipurposeEmpanelmentForm2014-15.html</link>
<description>
ICAI Multi-Purpose Empanelment Form Year 2014-15. Last date is 4th August . Allotment of Unique Code Number UCN to be allotted to non eligible applicants
</description>
</item>
<item>
<title>Cost Records Audit Rules 2014 \x96 Cost Records and Cost Audit Applicability</title>
<pubDate>Wed, 2 Jul 2014 09:22:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/costauditrules/costrecordsandauditrules2014.html</link>
<description>
Cos Act 2013 Cost Records Audit Rules 2014. Notification 30-06-2014.Applicability and Classes of companies to which rules and requirement of cost audit apply
</description>
</item>
<item>
<title>Cos Cost Records Audit Rules 2014\x96Maintenance of Cost Record</title>
<pubDate>Wed, 2 Jul 2014 09:22:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/costauditrules/costrecordformcra1.html</link>
<description>
Companies Cost Records Audit Rules 2014. Notification 30-06-2014. Maintenance of Cost Audit Records. Format of Form CRA1
</description>
</item>
<item>
<title>Cost Records Audit Rules 2014\x96Cost Auditors Appointment,Power and Repor</title>
<pubDate>Wed, 2 Jul 2014 09:22:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/costauditreportcra3/cost-auditor-appointment-powers.html</link>
<description>
Companies Cost Records Audit Rules 2014. Notification 30-06-2014. Cost Auditors Appointment Form CRA1, Powers, Report Form CRA3.
</description>
</item>
<item>
<title>Reserve Bank of India Master Circulars issued on 1st July 2014</title>
<pubDate>Tue, 1 Jul 2014 16:05:00 GMT</pubDate>
<link>https://abcaus.in/rbi/mastercirculars/mastercircularsissuedjuly2014.html</link>
<description>
Reserve Bank of India Master Circulars issued on 1st July, 2014. These Master Circulars are one point reference of instructions issued by RBI
</description>
</item>
<item>
<title>Due date for filing DPT4 extended to 31/08/2014 Cos Act 2013</title>
<pubDate>Tue, 1 Jul 2014 13:31:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/DPT4/extentionofduedatedpt431082014.html</link>
<description>
Due date extention for filing of of DPT4 to 31/08/2014 without any additional fee. Cos Act 2013 Section 74-1-a and Rule 20. MCA Circular 27-2014
</description>
</item>
<item>
<title>NSDL etds/tcs RPU version 4.00 applicable from June 28, 2014</title>
<pubDate>Tue, 1 Jul 2014 03:28:00 GMT</pubDate>
<link>https://abcaus.in/articles/income-tax/nsdl-etdstcs-rpu-installation.html</link>
<description>
NSDL releases etds/tcs RPU version 4.00 for FY 2007-08 applicable from June 28, 2014
</description>
</item>
<item>
<title>RBI-TDS on Non residents Remittances-CBDT notification to apply</title>
<pubDate>Mon, 30 Jun 2014 14:53:00 GMT</pubDate>
<link>https://abcaus.in/rbi/taxdeductedatsource/remittancestononresidents.html</link>
<description>
RBI Clarification CBDT Notification S.O 2659E 02-09-2013 to apply for Tax Deduction at Source. RBI not to issue instructions under FEMA on tax matters
</description>
</item>
<item>
<title>MCA Circular - word Commodity Exchange in company name permitted with NOC from FMC</title>
<pubDate>Sun, 29 Jun 2014 18:58:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/commodityexchangecompanyname.html</link>
<description>
Circular 26-2014 Companies Act 2013. Clarification- Use of words Commodity Exchange in a company permitted with NOC from Forward Markets Commission FMC
</description>
</item>
<item>
<title>Income-tax e-filing mobile and email updattion-PINs are now valid for 24 Hours</title>
<pubDate>Sat, 28 Jun 2014 05:42:00 GMT</pubDate>
<link>https://abcaus.in/incometaxefiling/emailmobiledetailsupdation.html</link>
<description>
if the PINS are not received within specified time (say 2 minutes), the taxpayer may opt for "resend PINs" Option. The PINS once received will be valid for 24 hours
</description>
</item>
<item>
<title>Circular Cos Act 2013- Resident Director Requirement under Section 149-3 </title>
<pubDate>Fri, 27 Jun 2014 14:29:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/residentdirectorsection149.html</link>
<description>
Circular 25-2014 Companies Act 2013 Resident Director under section 149. Directors should be resident in India during Calendar Year 2014 exceeding 136 days
</description>
</item>
<item>
<title>Income-tax e-filing website email mobile updation-Do not resort to Illicit ways </title>
<pubDate>Fri, 27 Jun 2014 02:45:00 GMT</pubDate>
<link>https://abcaus.in/incometaxefiling/emailmobileupdatationproblemsolution.html</link>
<description>
Income-tax india e-filing website email mobile contact updation. One email to be used for four contacts. Avoid illegal tricks and tips to bypass
</description>
</item>
<item>
<title>Circular: Companies Act 2013 subsidiary of companies incorporated outside </title>
<pubDate>Thu, 26 Jun 2014 09:36:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/incorporatedoutsideindia/public-private-subsidiary.html</link>
<description>
MCA Circular 23-2014. Companies Act 2013 No bar for company incorporated outside India to incorporate a public or private subsidiary-Clarification
</description>
</item>
<item>
<title>Cos Act 2013 Shares in Fiduciary Capacity by associate company</title>
<pubDate>Thu, 26 Jun 2014 09:36:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/associatecompany/sharesinfiduciarycapacity.html</link>
<description>
MCA Circular 24-2014. Shares held in fiduciary capacity are not counted in relationship of associate company under section 2-6 of the Companies Act 2013
</description>
</item>
<item>
<title>Annual Return MGT-7 Companies Act 2013 not to apply to FY 2013-14 </title>
<pubDate>Wed, 25 Jun 2014 13:39:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/annualreturnmgt7/applicablitytofinancialyear2013-14.html</link>
<description>
MCA Circular 22-2014. Annual Return Form MGT-7 Companies Act 2013 not to apply to financial year 2013-14 ended on or before 01-04-2014
</description>
</item>
<item>
<title>Companies Act 2013 not to apply or to apply to private company with modification </title>
<pubDate>Tue, 24 Jun 2014 18:49:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/applicabilitytoprivatecompany.html</link>
<description>
Provisions of the Companies Act 2013 not to apply to private company or to apply with modification. MCA has a issued Draft notification for public comment
</description>
</item>
<item>
<title>Wealth Tax Return Form-BB Mandatory e-filing CBDT Notification</title>
<pubDate>Tue, 24 Jun 2014 14:45:00 GMT</pubDate>
<link>https://abcaus.in/wealthtaxreturnformBB/wealthtaxmandatoryefilingay201415.html</link>
<description>
CBDT Notification 32-2014 23-06-2014.Annexure-less Wealth Tax Return Form BB. Mandatory e-filing AY 2014-15 except Individual HUF not liable to tax audit
</description>
</item>
<item>
<title>ICAI - Cos Act 2013 section 143 applicability to FY 2013-14</title>
<pubDate>Fri, 20 Jun 2014 17:22:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/icai-applicability-section143.html</link>
<description>
ICAI clarification on Companies Act 2013 Section 143-12 143-3-i auditors reporting applicability to Financial Year 2013-14
</description>
</item>
<item>
<title>Incometax e-filing portal email, mobile contact details updation</title>
<pubDate>Fri, 20 Jun 2014 10:11:00 GMT</pubDate>
<link>https://abcaus.in/incometaxefiling/emailmobiledetailsupdation.html</link>
<description>
Income Tax e-Fling Portal. Immediately update and authenticate correct and valid Mobile number and E-mail ID contact details to avoid login problems
</description>
</item>
<item>
<title>Corporate Social Responsibility Cos Act 2013 Clarification Circular</title>
<pubDate>Thu, 19 Jun 2014 17:35:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/csractivities/clarification-csr-activites.html</link>
<description>
Corporate Social Responsibility Clarification Section 135. Circular 21-2014. CSR Activities relatable to Schedule VII Cos Act 2013 to be interpreted liberally
</description>
</item>
<item>
<title>Cos Act 2013 Circular-CSR activities covered under Schedule vii</title>
<pubDate>Thu, 19 Jun 2014 17:35:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/csractivities/csr-activities-covered-under-schedulevii.html</link>
<description>
Circular 21-2014 Cos Act 2013.Annexure clarifying CSR activities covered in Schedule VII. Road Safety, Research, Consumer Protection, Donations, Disaster relief etc.
</description>
</item>
<item>
<title>Income Tax Rule 37BA TDS Credit Year for Cash basis of accounting </title>
<pubDate>Wed, 18 Jun 2014 18:56:00 GMT</pubDate>
<link>https://abcaus.in/tdscreditrule37BA/tdscreditincashbasisofaccounting.html</link>
<description>
Income Tax Rule 37BA Tax Deducted at Source credit to be given in AY when income is assessable as per Cash basis accounting
</description>
</item>
<item>
<title>Cos Act 2013 electronic Voting suspended till 31-12-2014</title>
<pubDate>Tue, 17 Jun 2014 15:01:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/electronic-voting/e-votingsuspended31dec2014.html</link>
<description>
Circular 20-2014 Voting through electronic means section 108 Companies Act 2013 suspended till 31-12-2014 Clarification issued on associated procedures
</description>
</item>
<item>
<title>Cos Act 2013 Circular Clarification e-voting associated procedures</title>
<pubDate>Tue, 17 Jun 2014 15:01:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/electronic-voting/clarificationprocedurerule20.html</link>
<description>
Circular 20-2014. Cos Act 2013, e-voting. Rule 20 of Companies Management and Administration Rules, 2014.Clarification issued on associated procedures
</description>
</item>
<item>
<title>Budget Booklet of Lucknow CA Club 2014-15</title>
<pubDate>Tue, 17 Jun 2014 08:27:00 GMT</pubDate>
<link>https://abcaus.in/Budget-2014/budgetbookletlucknowcaclub.html</link>
<description>
Budget Booklet of Lucknow Chartered Accountants Club 2014-15
</description>
</item>
<item>
<title>How to add digital signature in Microsoft Word Excel 2007</title>
<pubDate>Sun, 15 Jun 2014 02:49:00 GMT</pubDate>
<link>https://abcaus.in/articles/income-tax/digital-signature-word-excel.html</link>
<description>
Guide to signing, adding or attaching digital signature to microsoft word document 2007 or microsoft excel 2007
</description>
</item>
<item>
<title>Budget 2014 : Income Tax Exemption Limit, Deductions, Reliefs and Rebates expected </title>
<pubDate>Sat, 14 Jun 2014 13:15:00 GMT</pubDate>
<link>https://abcaus.in/Budget-2014/incometaxexpectedreliefsandrebates.html</link>
<description>
Modi Government Budget 2014. Income Tax Exemption Limit Increase, Expected Deductions, Rebate and Reliefs to individual male, female and senior citizen
</description>
</item>
<item>
<title>MCA Circular 15-2014 Section 186, 372A Register MB2 of Loans-guarantee</title>
<pubDate>Fri, 13 Jun 2014 18:13:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/loans-guarantee-security/registermbp2.html</link>
<description>
MCA Circular 15-2014. Maintenance of register MBP2 of loans-guarantee-securities under section 186 of Cos Act 2013 and section 372 Cos Act 1956
</description>
</item>
<item>
<title>Circular 19 Cos Act 2013 Share Transfer Forms and Issue of Duplicates</title>
<pubDate>Thu, 12 Jun 2014 20:15:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/sharetransferforms-duplicateshares.html</link>
<description>
MCA Circular 19-2014. Share Transfer Forms Executed before 1st April, 2014 and Committee of directors to issue Duplicate Share Certificates Cos Act 2013
</description>
</item>
<item>
<title>MCA Circular-18 Public to private Conversion,Filing INC7 with ROC</title>
<pubDate>Thu, 12 Jun 2014 20:15:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/conversion-public-private-inc7.html</link>
<description>
MCA Circular 18-2014. Clarification for filing INC-27 for conversion of company from public to private under the provisions of Companies Act, 2013
</description>
</item>
<item>
<title>MCA Circular-17 MGT10 Physical filing with GNL2 </title>
<pubDate>Thu, 12 Jun 2014 20:15:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/MGT10withGNL2-physical-filing.html</link>
<description>
MCA Circular 17-2014. Physical filing of MGT10 for Change in Shareholding with verification from professional in e-form GNL2 till e-form MGT10 is available.
</description>
</item>
<item>
<title>Audit-Nomination-Remuneration Committee to be formed in one year</title>
<pubDate>Thu, 12 Jun 2014 15:34:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/Audit-Nomination-Remuneration-Committee.html</link>
<description>
Cos Act 2013 Notification-Audit-Nomination-Remuneration Committees Rule 6. Companies covered by section 292A Cos Act 1956 to form committees within 1 year
</description>
</item>
<item>
<title>Cost Inflation Index FY 2014-15 Notified and Upto date Chart-Table</title>
<pubDate>Thu, 12 Jun 2014 10:43:00 GMT</pubDate>
<link>https://abcaus.in/incometax/costinflationindextable2014-15.html</link>
<description>
Cost Inflation Index-CII for FY 2014-15 1024. Income Tax Notification and Up-to-date latest Table Chart from 1980-81 to 2013-14
</description>
</item>
<item>
<title>Cos Act 2013 Foreign National Directors PAN requirement for INC7 done away</title>
<pubDate>Wed, 11 Jun 2014 16:45:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/foreignnationalpan-inc7.html</link>
<description>
MCA Circular 16-2014 No PAN requirement for Foreign National Directors but resident Directors would need PAN in INC-7
</description>
</item>
<item>
<title>Limit of 5 crore paid-up Share Capital redone for Company Secretaries</title>
<pubDate>Wed, 11 Jun 2014 07:31:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/companysecretaries/paidup-capital-limit.html</link>
<description>
Companies Act 2013 Notification, Companies with paid up share capital of five crore or more to have a whole-time company secretary
</description>
</item>
<item>
<title>Cos Act 2013-Clarification regd Appointment of Independent Directors</title>
<pubDate>Tue, 10 Jun 2014 19:43:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/appointmentofindependentdirectors.html</link>
<description>
Cos Act 2013 Circular 14-2014 Clarification regd Independent Directors. Pecuniary Interest. Appointment-prior 01-04-2014, less than 5 years, through letter
</description>
</item>
<item>
<title>Notification\x96CLB as Tribunal and effective date of section 74-2-3</title>
<pubDate>Tue, 10 Jun 2014 17:28:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/repayment-desposits-section74.html</link>
<description>
MCA Notification, Provisions of section 74-2 74-3 of Companies Act 2013 to come in force from 06-06-2014. CLB to act as Tribunal under section 74-2
</description>
</item>
<item>
<title>MCA Notification\x96deposit from Members without insurance till 31-03-2015</title>
<pubDate>Tue, 10 Jun 2014 17:05:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/publicdeposits/acceptance-without-deposit-insurance.html</link>
<description>
MCA Notification, Companies allowed to accept deposits from members without deposit insurance till 31-03-2015
</description>
</item>
<item>
<title>TDS mismatch, Income-tax Demand and online rectification us 154 </title>
<pubDate>Tue, 10 Jun 2014 10:40:00 GMT</pubDate>
<link>https://abcaus.in/tdsmismatch26as/incometax/online-rectification-request-154.html</link>
<description>
Income tax Demand, intimation 143 for TDS mismatch in Form 26AS. Steps, procedure and how to file online rectification request
</description>
</item>
<item>
<title>Stepwise Guide for income-tax online rectification request us 154</title>
<pubDate>Tue, 10 Jun 2014 10:40:00 GMT</pubDate>
<link>https://abcaus.in/tdsmismatch26as/section154/stepwise-online-rectification-request.html</link>
<description>
Step-wise procedure for filing and status check of income tax online rectification request with video tutorial
</description>
</item>
<item>
<title>RBI simplifies KYC Norms \x96 Only One Documentary Proof of Address </title>
<pubDate>Tue, 10 Jun 2014 06:40:00 GMT</pubDate>
<link>https://abcaus.in/rbi/kyc/OneDocumentaryProofofAddress.html</link>
<description>
RBI- only One Documentary Proof of Address either current or permanent is required while opening a bank account
</description>
</item>
<item>
<title>Allahabad High Court-Service Tax deposited to be Reimbursement even when not covered in agreement </title>
<pubDate>Sat, 07 Jun 2014 13:26:00 GMT</pubDate>
<link>https://abcaus.in/servicetax/servicetaxnotcoveredinagreement.html</link>
<description>
Reimbursement of service tax demanded and paid by Service Provider even if Service Tax payment not mentioned in Agreement. Allahabad High Court Judgement.
</description>
</item>
<item>
<title>Allahabad High Court \x96 Tax Credit for TDS despite 26AS Mismatch </title>
<pubDate>Thu, 05 Jun 2014 08:53:00 GMT</pubDate>
<link>https://abcaus.in/tdsmismatch26as/allahabadhighcourtjudgement.html</link>
<description>
Allahabad High Court Judgement on Income Tax Refund and Credit for TDS despite 26AS Mismatch
</description>
</item>
<item>
<title>CBDT Instruction No 05-2013 on TDS 26AS Mismatch </title>
<pubDate>Thu, 05 Jun 2014 08:53:00 GMT</pubDate>
<link>https://abcaus.in/tdsmismatch26as/cbdtinstructionno05-2013.html</link>
<description>
CBDT Instruction No 05-2013 consequent to Delhi High Court Judgement on Income Tax Credit for TDS mismatch in Form 26AS
</description>
</item>
<item>
<title>E-filing of Audit Reports under section 10AA, 44DA, 50B and 115VW</title>
<pubDate>Mon, 02 Jun 2014 13:24:00 GMT</pubDate>
<link>https://abcaus.in/incometaxefiling/auditreportsection10aa44da50b115vw.html</link>
<description>
CBDT Notification for Electronic Filing of Audit Reports Under Section 10AA, 44DA, 50B, 115VW wef AY 2014-15, ITR3 ITR4 ITR5 ITR6 ITR7 notified
</description>
</item>
<item>
<title>31-05-2014 PF Commissioner Circular - Contribution over statutory ceiling limit </title>
<pubDate>Sat, 31 May 2014 13:08:00 GMT</pubDate>
<link>https://abcaus.in/judgements/pfcontributionoverstatutoryceilinglimit.html</link>
<description>
Supreme Court Judgement 1205-2009 Marathwara Gramin Bank. Regional PF Commissioners not to force employers for contribution over statutory ceiling limit.
</description>
</item>
<item>
<title>30-05-2014 Revised Procedure for TDS Correction returns </title>
<pubDate>Fri, 30 May 2014 14:52:00 GMT</pubDate>
<link>https://abcaus.in/tdsprovisionalreceipt/newprocedurefortdscorrectionreturn.html</link>
<description>
Revised Procedure for TDS Correction returns wef 01-06-2014. SSR or PRR of original return not requred now on.
</description>
</item>
<item>
<title>30-05-2014 Structurally valid yet invalid PAn in TDS Returns</title>
<pubDate>Fri, 30 May 2014 13:19:00 GMT</pubDate>
<link>https://abcaus.in/tdscpc/structurallyvalidnonexistentpan.html</link>
<description>
Invalid PANs in quarterly TDS statements. PANS actually invalid as they are non existent in PAN Master records-Impact and Action to be taken
</description>
</item>
<item>
<title>30-05-2014 CPC warns on 15G 15H declarations where income exceeds exemption limit</title>
<pubDate>Fri, 30 May 2014 12:17:00 GMT</pubDate>
<link>https://abcaus.in/incometax/15g15hincomeexceedsexemptionlimt.html</link>
<description>
CPC Communication - CPC Bangalore has warned deductors where Flag B for 15G or 15H has been raised in TDS Returns even in cases where payments exceeds exemption limits
</description>
</item>
<item>
<title>Sharing Wealth Tax Return asset details of defaulters with Banks</title>
<pubDate>Wed, 28 May 2014 15:33:00 GMT</pubDate>
<link>https://abcaus.in/wealthtax/sharingdefaulterassetswithbanks.html</link>
<description>
CBDT - Sharing information of assets of loan defaulters for recovery by Public Sector Banks is in public interest under section 42B of Wealth Tax Act 1957
</description>
</item>
<item>
<title>Memo Articles Signing and Witness-Foreign Nationals, Commenwealth and Apostille</title>
<pubDate>Wed, 28 May 2014 12:21:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/signingwitnessmoaandaoa.html</link>
<description>
Cos Act 2013, Memorandum and Articles signing and witness. Illiterate, Foreign National Subscribers. Commonwealth Countries and Hague Apostille Convention 1961
</description>
</item>
<item>
<title>SIT Constituted in the matter of Hasan Ali and to bring back Black Money</title>
<pubDate>Tue, 27 May 2014 18:45:00 GMT</pubDate>
<link>https://abcaus.in/blackmoneyabraod/specialinvestigationteam.html</link>
<description>
SIT constituted to investigate, initiate proceedings and prosecution in cases of Hasan Ali and other matters involving unaccounted money.
</description>
</item>
<item>
<title>Modi Government New Cabinet and State Ministers List</title>
<pubDate>Mon, 26 May 2014 19:12:00 GMT</pubDate>
<link>https://abcaus.in/modibjpgovernment/cabinetstateministerslist.html</link>
<description>
Shri Narendra Damodardas Modi , Prime Minister of India, Cabinet and State Ministers
</description>
</item>
<item>
<title>MCA- Extention of Name reserved by 31-03-2014 to 07/06/2014</title>
<pubDate>Mon, 26 May 2014 13:28:00 GMT</pubDate>
<link>https://abcaus.in/latest-updates/corporate-law-news.html</link>
<description>
MCA Circular All names reserved up to 31-03-2014 has been extended to 15 days from the date of circular
</description>
</item>
<item>
<title>SEBI- Cash Investment Limit in MF increased </title>
<pubDate>Fri, 23 May 2014 15:11:00 GMT</pubDate>
<link>https://abcaus.in</link>
<description>
SEBI- Cash Investment Limit in MF increased to 50K from 20K per individual per Financial Year
</description>
</item>
<item>
<title>Cos Act 2013 Foreign National Directors PAN requirement for INC7 done away</title>
<pubDate>Fri, 23 May 2014 14:24:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/foreignnationalpan-inc7.html</link>
<description>
MCA Circular 12-2014. Cos Act 2013 No PAN requirement for Foreign National Directors in INC-7. Passport number and undertaking is required.
</description>
</item>
<item>
<title>Cos Act 2013 Central Government Delegation to Regional Directors</title>
<pubDate>Fri, 23 May 2014 02:51:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/powerdelegation/delegationtoregionaldirectors.html</link>
<description>
Companies Act 2013 Delegation of Central Government Power and Functions to Regional Director Mumbai, Noida, Kolkata,Chennai, Ahmadabad, Shillong
</description>
</item>
<item>
<title>Cos Act 2013 DIN Function Delegation to Regional Director Noida</title>
<pubDate>Fri, 23 May 2014 02:51:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/powerdelegation/delegationregionaldirectornoida.html</link>
<description>
Companies Act 2013 Delegation of Central Government Power and Functions related to Director Identification Number DIN to Regional Director Noida
</description>
</item>
<item>
<title>Cos Act 2013 Central Government Power Function Delegation to ROC</title>
<pubDate>Fri, 23 May 2014 02:51:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/powerdelegation/delegationtoroc.html</link>
<description>
Companies Act 2013 Delegation of Central Government Power and Functions to Registrar of Companies. Section 4 Section 8 Section 13
</description>
</item>
<item>
<title>RBI-All new ATMS from 1st July 2014 to be Talking ATM with Braille Keypad</title>
<pubDate>Thu, 22 May 2014 07:18:00 GMT</pubDate>
<link>https://abcaus.in/RBI/ATMfordisabled/talkingatmwithbraille.html</link>
<description>
RBI Circular on ATMs for Disabled . All ATMs from 1st July 2014 to be talking ATMs with Braille Keypads. Instruction on Ramps and Magnifying Glasses.
</description>
</item>
<item>
<title>CBDT Notification-Mothers name option in PAN Card Form 49A 49AA </title>
<pubDate>Wed, 21 May 2014 10:53:00 GMT</pubDate>
<link>https://abcaus.in/incometax/pancard49A/mothersnameprintoption.html</link>
<description>
Income Tax Notification 26-2014 dated 16-05-2014- Mothers name print option provided in new PAN Card Form 49A 49AA. Fathers name continue to be compulsory
</description>
</item>
<item>
<title>Microsoft Word 2007- Change Default Line Spacing and Paragraph Space Settings </title>
<pubDate>Wed, 21 May 2014 07:25:00 GMT</pubDate>
<link>https://abcaus.in/microsoftwordsettings/lineparagraphspacing.html</link>
<description>
Microsoft Word 2007, How to Change Default Line Paragraph Space Settings like in earlier version MS Word 2003
</description>
</item>
<item>
<title>MCA Circular Name Reservation Period Time extension to 31-05-2014</title>
<pubDate>Sun, 18 May 2014 09:34:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/namereservationperiodextention.html</link>
<description>
MCA Circular One time Extension of Name Reservation Period to 31-05-2014 due to non-availability of e-services between 1st April 2014 to 28th April 2014
</description>
</item>
<item>
<title>Excel Auto Salary TDS Form 16 for AY 2014-15</title>
<pubDate>Sat, 17 May 2014 18:41:00 GMT</pubDate>
<link>https://abcaus.in/index_files/Excel-auto-tds-form16-ay13-14.html</link>
<description>
ABCAUS excel based automatic Form 16 for AY 2014-15 with calculation of income tax and allowable amount of deductions.
</description>
</item>
<item>
<title>Comparative Bank Term Deposit Interest Rates</title>
<pubDate>Sat, 17 May 2014 09:03:00 GMT</pubDate>
<link>https://abcaus.in/articles/bank/highest-fixed-deposit-interest.html</link>
<description>
Know which nationlised or private bank is giving the higest rate of interest on fixed or term deposits. Comparative Chart of all banks, Updated till 17/05/2014
</description>
</item>
<item>
<title>Public Inspection, View of Company Documents at ROC MCA Website- Stepwise Guide</title>
<pubDate>Thu, 15 May 2014 14:27:00 GMT</pubDate>
<link>https://abcaus.in/mcawebsite/rocpublicdocumentsinspection.html</link>
<description>
Stepwise guide and procedure-Public inspection, view and how to download copies of company documents eforms from ROC MCA Website
</description>
</item>
<item>
<title>PAN Level Aggregated TDS Compliance for all associated TANs</title>
<pubDate>Fri, 09 May 2014 18:09:00 GMT</pubDate>
<link>https://abcaus.in/tdscpc/panaggregatedtantdscompliance.html</link>
<description>
TDS-CPC - Entity with one PAN and multiple TANs for branches can view TDS performance of all respective TANs. View Aggregated TDS Compliance Report at TRACES
</description>
</item>
<item>
<title>ROC and RD Inquiry and Report on False MCA eform certification by Professional-CA CS</title>
<pubDate>Thu, 08 May 2014 12:04:00 GMT</pubDate>
<link>https://abcaus.in/MCAeforms/falsecertificationbyCACSprofessionals.html</link>
<description>
MCA Circular Inquiry and Report by ROC-Regional Director of false, misleading certification of E-form by Practicing Professional-CA CS of ICAI, ICSI ICOAI
</description>
</item>
<item>
<title>RBI-No Floating Rate Loan Fore-Pre-Closure Penalty for individuals</title>
<pubDate>Thu, 08 May 2014 09:57:00 GMT</pubDate>
<link>https://abcaus.in/RBI/foreclosurepenaltyfloatingrateloans.html</link>
<description>
RBI Circular-Banks not to levy Foreclosure Prepayment Penalty on Floating Rate Interest Loans of individual Borrowers. Monetary Policy Statement 2014-15
</description>
</item>
<item>
<title>RBI-Opening of Independent Bank Accounts by Minors over 10 Years</title>
<pubDate>Wed, 07 May 2014 17:09:00 GMT</pubDate>
<link>https://abcaus.in/RBI/savingsbankaccountbyminor.html</link>
<description>
RBI Circular-Minors above the age of 10 years can open, operate savings bank accounts independently with minimum documents and amount limit as decided by bank
</description>
</item>
<item>
<title>Companies Act 2013 Circular-Filing 17 Physical eform with 3 General e-Form</title>
<pubDate>Tue, 06 May 2014 13:34:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/filingseventeenphysicalforms.html</link>
<description>
Companies Act 2013. 17 Forms to be filed physically by attaching with 3 General e-Form. Circular 09-2014
</description>
</item>
<item>
<title>Director Identification Number-New DIN-Form DIR-3-Companies Act 2013</title>
<pubDate>Mon, 05 May 2014 08:44:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/directoridentificationnumber-DIN.html</link>
<description>
Director Identification Number-DIN under Companies Act, 2013. Online Application in new DIN Form DIR-3, Reasons for Rejections FAQ, Process for Approval
</description>
</item>
<item>
<title>Comparative map chart eforms under Cos Act 2013 and Cos Act 1956</title>
<pubDate>Sat, 03 May 2014 15:06:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/eformscosact2013cosact1956.html</link>
<description>
Comparative mapping chart of current and latest eforms prescribed under Companies Act, 2013 and Old eforms under Companies Act, 1956
</description>
</item>
<item>
<title>Incorporation Procedure and Forms for New Company under Companies Act 2013</title>
<pubDate>Sat, 03 May 2014 09:10:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/incorporationofnewcompany.html</link>
<description>
Steps, information, documents required for incorporation of new company under Companies Act, 2013. Companies Incorporation Rules, 2014
</description>
</item>
<item>
<title>Companies Act 2013 Board Meeting through Video Conferencing or Audio Visual </title>
<pubDate>Wed, 30 Apr 2014 12:21:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/boardmeetingsvideoconferencing.html</link>
<description>
The Companies Act 2013, Procedure for Convening Conducting Board Meetings by Video Conferencing, Audio Visual Means. Board Meeting Rules 2014
</description>
</item>
<item>
<title>Cos Act 2013, Charge Creation, Modification and Satifaction</title>
<pubDate>Mon, 28 Apr 2014 05:03:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/creationsatisfactionofcharge.html</link>
<description>
Registration of Charge Rules 2014. Charge Creation Modification and Satisfaction beyond 30 or 300 days. Companies Act 2013 and Condonation of Delay by Central Govt
</description>
</item>
<item>
<title>Cos Act 2013 Appointment and Rotation of auditors after term of consecutive years</title>
<pubDate>Sat, 26 Apr 2014 07:37:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/section139auditorsrotation.html</link>
<description>
Companies Act 2013 Section 139(2) and Companies Audit and Auditors Rules, 2014. Appointment and Rotation of auditors after term of consecutive years.
</description>
</item>
<item>
<title>Applying Company names-Undesirable, Identical, Resembling Names</title>
<pubDate>Fri, 25 Apr 2014 12:04:00 GMT</pubDate>
<link>https://abcaus.in/companynames/undesirableidenticalnames.html</link>
<description>
Company Incorporation Rules 2014 and Name Selection. Word Combinations, spelling, plural, phonetic, translation, identical, undesirable or resembling names
</description>
</item>
<item>
<title>TDS RPU Version 3.9 wef 26-04-2014</title>
<pubDate>Thu, 24 Apr 2014 07:23:00 GMT</pubDate>
<link>https://abcaus.in</link>
<description>
Return Preparation Utility (RPU) version 3.9 will be available for download from TIN website. The same is mandatory wef April 26, 2014
</description>
</item>
<item>
<title>CBDT Circular-Claim of depreciation for Road-Highways under BOT with toll</title>
<pubDate>Wed, 23 Apr 2014 01:57:00 GMT</pubDate>
<link>https://abcaus.in/cbdtcircular/roadshighways/depreciationBOTagreement.html</link>
<description>
CBDT Circular 09-2014. Expenditure on road -highways on Build-Operate-Transfer BOT with right to collect toll. Entitlement for depreciation section 32(1)(ii)
</description>
</item>
<item>
<title>SEBI amendment to Clauses 35B and 49 of Equity Listing Agreement</title>
<pubDate>Fri, 18 Apr 2014 06:08:00 GMT</pubDate>
<link>https://abcaus.in/sebi/ListingAgreementClause35Band49.html</link>
<description>
SEBI Circular Amendment to Clauses 35B and 49 of Equity Listing Agreement. Shareholders e-voting facility, Corporate Governance as per Companies Act, 2013
</description>
</item>
<item>
<title>Various Companies Rules 2014 notified in March 2014</title>
<pubDate>Thu, 17 Apr 2014 07:07:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/companiesrules2014.html</link>
<description>
Various Companies Rules 2014 regarding Managerial Personnel, Audit and Auditors, deposits, incorporation, Accounts, Dividend, Share Capital, Directors etc.
</description>
</item>
<item>
<title>Incorporation of One Person Company</title>
<pubDate>Wed, 16 Apr 2014 10:33:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/incorporationofonepersoncompany.html</link>
<description>
Rules regarding incorporation of a One Person Company under Companies Act 2013 under Companies (Incorporation) Rules 2014
</description>
</item>
<item>
<title>ABCAUS IT Interest Calculator 234ABC for AY 2014-15</title>
<pubDate>Fri, 11 Apr 2014 10:41:00 GMT</pubDate>
<link>https://abcaus.in/index_files/abcausitinterestcalculator.htm</link>
<description>
ABCAUS Excel based automatic Interest calculator u/s 234A, 234B, 234C For AY 2014-15 for delay in ITR Filing of deferment of Advance Tax
</description>
</item>
<item>
<title>Companies Act 2013 Table of fees to be paid to Registrar</title>
<pubDate>Mon, 07 Apr 2014 03:40:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/tableoffees.html</link>
<description>
Companies Act 2013 Table of fees to be paid to Registrar For registration of a company, additional and late fees for delays, increase in authorised capital
</description>
</item>
<item>
<title>Books accounts, filing reports under Cos Act 2013 to aply to FY starting 1st April, 2014</title>
<pubDate>Sat, 05 Apr 2014 07:22:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/booksofaccountsfystarting01042014.html</link>
<description>
MCA Circular 08-2014. Books of accounts filing balance sheet auditors Boards report Companies Act 2013 provisions to apply for financial year starting 1st April, 2014
</description>
</item>
<item>
<title>IncomeTax Notification Compulsory e-filing ITR-5 ITR-7 AY2014-15</title>
<pubDate>Fri, 04 Apr 2014 17:24:00 GMT</pubDate>
<link>https://abcaus.in/incometaxefiling/compulsory-electronic-filing-ITR5-ITR7.html</link>
<description>
Compulsory electronic filing of ITR-5 and ITR-7 AY 2014-15. Amendment to Income Tax Rule 12 Income Tax Notification 24-2014 dt 01-04-2014
</description>
</item>
<item>
<title>Service Tax Return ST-3 Utility October 2013 March 2014 download</title>
<pubDate>Fri, 04 Apr 2014 11:55:00 GMT</pubDate>
<link>https://abcaus.in/servicetax/e-filing/st3-march2014.html</link>
<description>
Service Tax Return ST-3 utility for the period October 2013 to March 2014 now available at aces website for downloading for online or offline filing
</description>
</item>
<item>
<title>Companies Act 2013 old eform Suspension and New forms from 14-04-2014</title>
<pubDate>Fri, 04 Apr 2014 10:57:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/MCAnewe-forms14042014.html</link>
<description>
MCA Circular 6-2014 dt 28-03-2014. Under Companies Act 2013 roll out of new form and suspension of old eforms. New forms shall be available from 14-04-2014
</description>
</item>
<item>
<title>Distribution of work zones among members of CBDT wef 01-04-2014</title>
<pubDate>Thu, 03 Apr 2014 14:40:00 GMT</pubDate>
<link>https://abcaus.in/incometax/cbdtmemberszonedistribution.html</link>
<description>
Order dated 31-03-2014 for distribution of zones amongst the members of CBDT with effect from 01.04.2014
</description>
</item>
<item>
<title>MCA Notification- Uploading of Information of Unclaimed and Unpaid Dividend</title>
<pubDate>Thu, 03 Apr 2014 14:40:00 GMT</pubDate>
<link>https://abcaus.in/companiesact/uploadingunclaimeddividend.html</link>
<description>
MCA Notification dated 27-03-2014. Uploading of information regarding amounts lying with companies of Unpaid and unclaimed Dividend ninety days from AGM
</description>
</item>
<item>
<title>MCA Notification- Investor Education and Protection Fund Rules 2001-Transfer of Unclaimed Dividend </title>
<pubDate>Thu, 03 Apr 2014 14:40:00 GMT</pubDate>
<link>https://abcaus.in/companiesact/transferofunclaimeddividend.html</link>
<description>
MCA Notification dated 27-03-2014. Transfer of Unpaid Dividend from corresponding new bank which remains unpaid unclaimed for seven years
</description>
</item>
<item>
<title>MCA Notification- Companies Act 2013, upto date notified sections and schedules wef 01-04-2014</title>
<pubDate>Thu, 03 Apr 2014 14:40:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/notificationsectionsscheduleswef01042014.html</link>
<description>
Companies Act 2013 Notification of sections and Schedules effective as on 01-04-2014
</description>
</item>
<item>
<title>MCA Clarification Circular Section 180 of Companies Act 2013</title>
<pubDate>Thu, 03 Apr 2014 14:40:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/section180clarificationcircular.html</link>
<description>
MCA Clarification Circular dated 25-03-2014. Section 180 of Companies Act 2013, Borrowings or Creation of Securities by Passing of Ordinary Resolution
</description>
</item>
<item>
<title>Interest Rates on PPF and SCSS for FY 2014-15</title>
<pubDate>Fri, 21 Mar 2014 16:43:00 GMT</pubDate>
<link>https://abcaus.in/smallsavingsscheme/rateofinterestppfscss201314.html</link>
<description>
Revision of Rate of Interest on Public Provident Fund and Senior Citizens Savings FY 2014-15
</description>
</item>
<item>
<title>Extention of date of receipt of ITR-V for AY 2012-13 AY 2013-14</title>
<pubDate>Thu, 20 Mar 2014 14:55:00 GMT</pubDate>
<link>https://abcaus.in/incometax/receiptofitrvatcpcbengaluru.html</link>
<description>
Extention of date of receipt of ITR-V at CPC Bengaluru efiled for AY 2012-13 and AY 2013-14
</description>
</item>
<item>
<title>Director's Identification Number under Companies Act 2013</title>
<pubDate>Sat, 04 Jan 2014 04:00:00 GMT</pubDate>
<link>https://abcaus.in/companiesact2013/directoridentificationnumber-DIN.html</link>
<description>
Provisions related to Director's Identification Number under Companies Act 2013. Procedure, Forms and Reasons for rejections
</description>
</item>
<item>
<title>Service Tax Voluntary Compliance Encouragement Scheme 2013-Clarifications</title>
<pubDate>Wed, 27 Nov 2013 03:12:00 GMT</pubDate>
<link>https://abcaus.in/servicetax/voluntarycomplianceencouragementscheme2013.html</link>
<description>
VCES-2013 and Consolidated Clarifications and FAQ from circulars174/9/2013, 170/5/2013 and 169/4/2013
</description>
</item>
<item>
<title>Online Request/Claim of TDS excess deposited </title>
<pubDate>Thu, 14 Nov 2013 07:50:00 GMT</pubDate>
<link>https://abcaus.in/excess-tds-refund/online-request-claim-form26B.html</link>
<description>
TRACES has enabled filing of online request for refund of excess deposited TDS to deductors
</description>
</item>
<item>
<title>Procedures for processing of Defective e-Returns filed without payment of tax</title>
<pubDate>Wed, 13 Nov 2013 13:34:00 GMT</pubDate>
<link>https://abcaus.in/incometax/defectivereturn/ITR-filed-without-payment-of-tax.html</link>
<description>
Standard Operating Procedures prescribed for Defective e-Returns filed without payment of tax
</description>
</item>
<item>
<title>Service Tax On Education- and auxiliary services-facts, confusion, apprehension and clarification</title>
<pubDate>Mon, 11 Nov 2013 18:04:00 GMT</pubDate>
<link>https://abcaus.in/servicetax/educational-institutes-auxilary-services.html</link>
<description>
Service Tax on Educational Institutes and auxiliary Educational services. Confusion created by amendment to Mega Exemption Notification, apprehensions and clarification by CBEC
</description>
</item>
<item>
<title>Arrest and Bail under Service Tax</title>
<pubDate>Fri, 08 Nov 2013 13:44:00 GMT</pubDate>
<link>https://abcaus.in/servicetax/servicetax-arrest-power-guidelines.html</link>
<description>
Power to arrest under Service Tax-CBEC Guidelines and relevant Courts Judgements
</description>
</item>
<item>
<title>Dynamic Utility for Public Trademark search on real time basis</title>
<pubDate>Fri, 01 Nov 2013 15:25:00 GMT</pubDate>
<link>https://abcaus.in/patent-trademark/public-search-dynamic-utility.html</link>
<description>
CGPDTM launches a Dynamic Trademark Utility which will allow the public to see on real time basis many details
</description>
</item>
<item>
<title>CBDT : Changes in work distribution among chairperson and members</title>
<pubDate>Fri, 01 Nov 2013 09:40:00 GMT</pubDate>
<link>https://abcaus.in/latest-updates/taxation-news.html</link>
<description>
CBDT-Change in work distribution among chairperson and members of CBDT consequent upon joining of new member Shri Arun Kumar Jain (Audit and Judicial)
</description>
</item>
<item>
<title>Service Tax - Taxable Services, Negative List and mega Exemption Notification</title>
<pubDate>Fri, 25 Oct 2013 08:09:00 GMT</pubDate>
<link>https://abcaus.in/servicetax/negativelist-megaexemption-notification.html</link>
<description>
Service Tax - What are Taxable Services. Services in Negative List and Services exempted by Mega Exemption List
</description>
</item>
<item>
<title>House Rent Allowance Exemption - CBDT Circulr-Requirement of Receipt and PAN</title>
<pubDate>Tue, 22 Oct 2013 15:33:00 GMT</pubDate>
<link>https://abcaus.in/HRA/house-rent-allowance-exemption.html</link>
<description>
CBDT Circular 08/2013 spells out requiremnt of receipts and PAN of land lord for claiming HRA
</description>
</item>
<item>
<title>Reverse Mortgage Amendment Scheme 2013</title>
<pubDate>Mon, 21 Oct 2013 16:45:00 GMT</pubDate>
<link>https://abcaus.in/seniorcitizen/reverse-mortgage-scheme-2013.html</link>
<description>
Benefit under Reverse Mortgage has been extended to life term of the borrower for payment of periodic annuity by LIC or any other insurer registered with IRDA
</description>
</item>
<item>
<title>Cash Basis of Accounting-Meaning and Common Misconceptions</title>
<pubDate>Sun, 20 Oct 2013 19:01:00 GMT</pubDate>
<link>https://abcaus.in/accounting/cash-basis-accounting.html</link>
<description>
Cash Basis of Accounting and common misconceptions explained with respect to Matching Concept, Capital Expenditure, True and Fair View, Recording of Assets and Liabilities
</description>
</item>
<item>
<title>Deduction of Tax at Source on Service Tax</title>
<pubDate>Sun, 13 Oct 2013 07:33:00 GMT</pubDate>
<link>https://abcaus.in/tdsonservicetax/tdsonservicetax194j194i.html</link>
<description>
Deduction of Tax at Source on Service Tax for Payment of Professional-Technical fee or Rent Payments
</description>
</item>
<item>
<title>TDSCPC- Instructions for Quarterly TDS Statement/Returns</title>
<pubDate>Sat, 12 Oct 2013 09:09:00 GMT</pubDate>
<link>https://abcaus.in/tdscpc/instructionsetdsquarterlyreturn.html</link>
<description>
Cancellation of TDS statement and deductee row is no longer permissible and many more important points for Return Preparations
</description>
</item>
<item>
<title>Income Tax Procedure and criteria for Selection of cases for Scrutiny </title>
<pubDate>Tue, 08 Oct 2013 02:53:00 GMT</pubDate>
<link>https://abcaus.in/incometaxscrutinycriteria/computerised-manual-selection.html</link>
<description>
Income Tax Procedure and criteria for Selection of cases for Scrutiny under computerised or manual process
</description>
</item>
<item>
<title>Service Tax Clarification Circular on services by Air-conditioned restaurants </title>
<pubDate>Mon, 07 Oct 2013 06:45:00 GMT</pubDate>
<link>https://abcaus.in/servicetax/clarification/airconditioned-restaurant.html</link>
<description>
Clarirification on issues like issue of common kitchen for both AC and Non-AC Restaurant, Joint AC and Non AC Restaurant, service provided by a AC Restaurant to nearby attached Non AC areas, applicability on maximum retail price etc.
</description>
</item>
<item>
<title>ABCAUS Excel Income Tax Calculator for AY 2013-14</title>
<pubDate>Fri, 04 Oct 2013 12:21:00 GMT</pubDate>
<link>https://abcaus.in/taxcalculator/excelincometaxcalculatoray1415.html</link>
<description>
It can calculate Income tax for all incomes including salary, house property, capital gain, other sources, lottery, agriculture income etc. It also considers the newly introduced rebate under section 87A. it also takes into account set off and carry forward of losses.
</description>
</item>
<item>
<title>Service Tax return St-3 for April-Sep 2013</title>
<pubDate>Wed, 02 Oct 2013 02:22:00 GMT</pubDate>
<link>https://abcaus.in/servicetax/e-filing/st3-september-2013.html</link>
<description>
Service Tax Return ST-3 for April-Sep, 2013 in online and offline mode is available for download now
</description>
</item>
<item>
<title>Is Manual Filing of Tax Audit Report before 30-09-2013 is a must? </title>
<pubDate>Fri, 27 Sep 2013 02:35:00 GMT</pubDate>
<link>https://abcaus.in/articles/income-tax/manual-filing-tax-audit-report-ay13-14.html</link>
<description>
The Order has generated a lot of confusion over the real extention. is it compulsory to file the Tax Audit Reports manually before 30-09-2013? is there any ambiguity in the Order or the confusion has been created by overly cautious interpretations?
</description>
</item>
<item>
<title>Extention of Due date for tax Audit report Filing - Our role as professionals</title>
<pubDate>Thu, 20 Mar 2014 14:55:00 GMT</pubDate>
<link>https://abcaus.in/articles/income-tax/extention-due-date-AY2013-14.html</link>
<description>
What should be our true role as professional if date is not extended. We must act as professional and not the slaves
</description>
</item>
<item>
<title>Comparative Bank Fixed Deposit Interest Rates</title>
<pubDate>Tue, 10 Sep 2013 18:04:00 GMT</pubDate>
<link>https://abcaus.in/articles/bank-fixed-term-deposit-interest.html</link>
<description>
Comparative Chart of Bank's Term Deposits interest rates
</description>
</item>
<item>
<title>FAQ on e-filing of Tax Audit Report- WHo will take the responsibility anyway ?</title>
<pubDate>Tue, 10 Sep 2013 17:06:00 GMT</pubDate>
<link>https://abcaus.in//articles/income-tax/attachment-format-3CA-3CD.html</link>
<description>
The said FAQ is said to has not been hosted at Income Tax website and later on say after two years if ITD takes a contary view who will take the responsibility?
</description>
</item>
<item>
<title>Taxation of Prize Money won and Refund of TDS</title>
<pubDate>Sun, 08 Sep 2013 07:45:00 GMT</pubDate>
<link>https://abcaus.in/articles/income-tax/incometax-on-lottery-game-show.html</link>
<description>
Income Tax on winnings from lottery or game show including TV shows like KBC, Indian Idol etc. and refund of Tax Deducted
</description>
</item>
<item>
<title>Troubleshooting errors in NSDL eTDS TCS RPU Setup </title>
<pubDate>Wed, 28 Aug 2013 11:19:00 GMT</pubDate>
<link>https://abcaus.in/articles/income-tax/nsdl-etdstcs-rpu-installation.html</link>
<description>
Illustrated Guide on how to troubleshoot installtion errors in NSDL eTDS TCS Return Preparation Utility (RPU)
</description>
</item>
<item>
<title>Excel Automated TAN Application Form 49B </title>
<pubDate>Wed, 21 Aug 2013 17:50:00 GMT</pubDate>
<link>https://abcaus.in/incometaxforms/excel-auto-tan-application-form49B.html</link>
<description>
Excel based automated TAN/TCN application form 49B with built in help and instructions
</description>
</item>
<item>
<title>Excel Income Tax Revised Form 15CB </title>
<pubDate>Fri, 16 Aug 2013 09:34:00 GMT</pubDate>
<link>https://abcaus.in/incometaxforms/15CAfiling-excelform15CB.html</link>
<description>
Excel based new revised form 15CB for obtaining chartered accountant certificate
</description>
</item>
<item>
<title>Excel Income Tax one line formula</title>
<pubDate>Sat, 10 Aug 2013 13:41:00 GMT</pubDate>
<link>https://abcaus.in/articles/income-tax/income-tax-formula/excel-income-tax-formula.html</link>
<description>
Excel single cell formula for calculating income tax for individuals and HUF
</description>
</item>
<item>
<title>Due date extention for ITR and Tax Adit in last 10 Years</title>
<pubDate>Sun, 04 Aug 2013 17:00:00 GMT</pubDate>
<link>https://abcaus.in/read-my-beads.html</link>
<description>
Copy of notifications of due date extention for ITR and tax Audit report filng for last ten years
</description>
</item>
<item>
<title>How to add digital signature to MS Word or MS Excel </title>
<pubDate>Tue, 30 Jul 2013 05:00:00 GMT</pubDate>
<link>https://abcaus.in/read-my-beads.html</link>
<description>
Step by step illustration of adding a digital signature to MS Word or MS Excel Documents.
</description>
</item>
<item>
<title>Attachment format for uploading with Electronic Tax Audit report under Income Tax Act</title>
<pubDate>Tue, 30 Jul 2013 05:00:00 GMT</pubDate>
<link>https://abcaus.in/read-my-beads.html</link>
<description>
What are the valid attachment formats that can be uploaded along with electrovic tax Audit Report .
</description>
</item>
<item>
<title>Meaning and difference between Gross Total Income and Total Income under Income Tax Act</title>
<pubDate>Sun, 28 Jul 2013 05:00:00 GMT</pubDate>
<link>https://abcaus.in/read-my-beads.html</link>
<description>
Gross Total Income and Total income explained with illustrations and Chapter-wise Funnel, deductions, Rebates and important references linked to Gross Total Income and Total income.
</description>
</item>
<item>
<title>Relief and Deductions to Senior Citizens under Income Tax Act</title>
<pubDate>Thu, 25 Jul 2013 05:00:00 GMT</pubDate>
<link>https://abcaus.in/read-my-beads.html</link>
<description>
A section-wise summary of various reliefs and deductions available to Senior Citizens (Those who have completed 60 years of age or more)
during the previous year.
</description>
</item>
<item>
<title>ABCAUS Excel Auto Salary Arrear Relief Calculator Form 10E</title>
<pubDate>Wed, 17 Jul 2013 05:00:00 GMT</pubDate>
<link>https://abcaus.in/incometaxforms/excelautoform10e.html</link>
<description>
ABCAUS salary relief calculator is a simple, automatic and userfriendly utility which calls for minimum effort and data input.
users are required to fill only data sheet and it automatically calculates relief and prepare the Form 10E, table-A, Annexure-I.
Built in instructions with examples and auto checks have been provided inside. macros must be enabled to use this utility
</description>
</item>
<item>
<title>ABCAUS Excel Auto-fill Income Tax Form 15-H with database facility</title>
<pubDate>Thu, 11 Jul 2013 05:00:00 GMT</pubDate>
<link>https://abcaus.in/index_files/Excelautoincometaxform15H.html</link>
<description>
The user is required to build a database to avoid repetitive entries. For the second time. After creating database, Part-I can be completed in one click. Rest of field marked with grey colour should only be filled.
</description>
</item>
<item>
<title>ABCAUS Excel Auto-fill Income Tax Form 15-G with database facility</title>
<pubDate>Thu, 11 Jul 2013 05:00:00 GMT</pubDate>
<link>https://abcaus.in/index_files/Excelautoincometaxform15G.html</link>
<description>
The user is required to build a database to avoid repetitive entries. For the second time. After creating database, Part-I can be completed in one click. Rest of field marked with grey colour should only be filled.
</description>
</item>
<item>
<title>ABCAUS Excel Auto Multi Depreciation Calculator </title>
<pubDate>Thu, 4 Jul 2013 05:00:00 GMT</pubDate>
<link>https://abcaus.in/index_files/Excelmultidepreciationcalculator.html</link>
<description>
It is a multi calculator which automatically calculates the depreciation as required under the Companies Act, 1956 and also under Income Tax Rules, 1962.
</description>
</item>
<item>
<title>ABCAUS Excel Auto TDS Challan cum Statement 26QB </title>
<pubDate>Sun, 23 Jun 2013 05:00:00 GMT</pubDate>
<link>https://abcaus.in/index_files/exceltdschallanstatement26QB.html</link>
<description>
This is excel based automatic TDS challan for deposit of tax deducted at source under section 194-IA for transfer of immoveable properties other than agriculatural land.
</description>
</item>
<item>
<title>ABCAUS Excel Auto Salary TDS Form 16 </title>
<pubDate>Tue, 18 Jun 2013 05:00:00 GMT</pubDate>
<link>https://abcaus.in/index_files/Excel-auto-tds-form16-ay13-14.html</link>
<description>
With this excel based certificate of deduction of tax from salary, Form 16 can be generated and income tax and allowable amount of deductions can be calculated automatically.
</description>
</item>
<item>
<title>ABCAUS Excel Income Tax Interest calculator</title>
<pubDate>Fri, 25 Jan 2013 05:00:00 GMT</pubDate>
<link>https://abcaus.in/index_files/downloads.htm</link>
<description>
With this excel based income tax interest calculator one can calculate accurate amount
of interest payable under section 234A, 234B and 234C of Income Tax Act, 1961.
Inbuilt Help section and text of relevant sections.
</description>
</item>
<item>
<title>ABCAUS Excel Gantt Chart Maker</title>
<pubDate>Thu, 06 Dec 2012 05:00:00 GMT</pubDate>
<link>https://abcaus.in/index_files/downloads.htm</link>
<description>
Gantt charts illustrate the start and finish dates of the terminal elements and summary elements of a Schedule.
With this excel based Gantt Chart Maker, Bar Chart of various schedules, like an Audit Program can be prepared.
</description>
</item>
<item>
<title>ABCAUS Excel Task Reminder</title>
<pubDate>Wed, 14 Nov 2012 05:00:00 GMT</pubDate>
<link>https://abcaus.in/index_files/downloads.htm</link>
<description>
ABCAUS Task Reminder is excel based Task Reminder that can help
you remind your important schedules. These schedules can be your
professional meetings, seminars, appearances or even your personal
affairs like Bill payments, Medical checkup etc.This utility runs
automatically each time you start your computer and a reminder box
pops up with all schedules maturing in current or next 3 days.
It also repeats reminders after an interval of 3 hours.
</description>
</item>
<item>
<title>ABCAUS Excel Personal Affair Diary</title>
<pubDate>Wed, 24 Oct 2012 05:00:00 GMT</pubDate>
<link>https://abcaus.in/index_files/downloads.htm</link>
<description>
ABCAUS Personal Affairs Diary (PAD) is a digital record of your affairs
and key information that can really help your spouse, family or any
loved one you really do not want to be struggling or at a total loss in
recovering important information, papers, money etc. in case of your
untimely death or incapacitation due to sudden illness etc.
</description>
</item>
<item>
<title>Excel GAR-7 Service Tax Payment Challan with database facility</title>
<pubDate>Mon, 15 Oct 2012 05:00:00 GMT</pubDate>
<link>https://abcaus.in/index_files/downloads.htm</link>
<description>
facility of building and saving assessee database to avoid repetitive work
</description>
</item>
<item>
<title>Excel Income Tax Calculator AY 2013-14</title>
<pubDate>Fri, 05 Oct 2012 05:00:00 GMT</pubDate>
<link>https://abcaus.in/index_files/downloads.htm</link>
<description>
It can calculate tax for all categories of Individuals and tax on all categories of income
</description>
</item>
<item>
<title>Auto Income Tax Challan ITNS 280 in Excel </title>
<pubDate>Mon, 10 Sep 2012 05:00:00 GMT</pubDate>
<link>https://abcaus.in/index_files/downloads.htm</link>
<description>
Menu Driven screen with help sections. Very easy and simple.Have database facility
to avoid repetitive feeding.
</description>
</item>
<item>
<title>Auto Income Tax Challan ITNS 281 in Excel </title>
<pubDate>Mon, 10 Sep 2012 05:00:00 GMT</pubDate>
<link>https://abcaus.in/index_files/downloads.htm</link>
<description>
Have database facility to avoid repetitive feeding </description>
</item>
<item>
<title>ABCAUS Excel Inventory Template and Tracker</title>
<pubDate>Wed, 22 Aug 2012 05:00:00 GMT</pubDate>
<link>https://abcaus.in/index_files/downloads.htm</link>
<description>
It can support up to three store locations, product-wise, stores-wise, vendor-wise accounting, tracking and
valuation of inventories in Excel
</description>
</item>
<item>
<title>ABCAUS Excel Accounting Template</title>
<pubDate>Tue, 19 Jun 2012 05:00:00 GMT</pubDate>
<link>https://abcaus.in/index_files/downloads.htm</link>
<description>
It is a Billing, Accounting and Reporting Solution in Excel for small
professional firms.
</description>
</item>
<item>
<title>New Auto PAN Application form 49A in Excel </title>
<pubDate>Tue, 17 Apr 2012 05:00:00 GMT</pubDate>
<link>https://abcaus.in/index_files/downloads.htm</link>
<description>
Menu Driven screen with help sections. Very easy and simple.
</description>
</item>
<item>
<title>New Auto PAN Correction Form in Excel </title>
<pubDate>Mon, 16 Apr 2012 05:00:00 GMT</pubDate>
<link>https://abcaus.in/index_files/downloads.htm</link>
<description>
Menu Driven screen with help sections. Very easy and simple.
</description>
</item>
<item>
<title>Auto Income Tax Calculator AY 2012-13 in Excel</title>
<pubDate>Wed, 22 Feb 2012 05:00:00 GMT</pubDate>
<link>https://abcaus.in/index_files/downloads.htm</link>
<description>
It can calculate tax for all categories of Individuals including senior citizens
and very senior citizens. It can calculate tax on all categories of income.
</description>
</item>
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