![Interest u/s 234A can’t be levied since CBDT had Extended Due Date of Filing Return: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Filing-Return-Taxscan.jpg "Interest u/s 234A can’t be levied since CBDT had Extended Due Date of Filing Return: ITAT [Read Order]")
Interest u/s 234A can’t be levied since CBDT had Extended Due Date of Filing Return: ITAT [Read Order]
The ITAT Kolkata bench, in M/s Nidhi Packers Pvt. Ltd v. ITO held that interest under Section 234AÂ of the Income Tax Act cannot be charged from the...
![S. 153A Return is deemed to be Return u/s 139(1), Restrictive provisions of S. 80 do not apply: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Return-Filing-Taxscan.jpg "S. 153A Return is deemed to be Return u/s 139(1), Restrictive provisions of S. 80 do not apply: ITAT [Read Order]")
Records on Nirav Modi case Safe: CBDT issues Clarification on Loss / Damage to Records in the Scindia House Fire at Income Tax Office
The Central Board of Direct Taxes ( CBDT ) has issued a clarification on Loss / Damage to records in the Scindcia House Fire at Income Tax Office, Mumbai. News reports have been appearing in some...
No Income Tax on Eligible Start-Ups on Issuing Share Capital at Excess Premium: Govt [Read Notification]
In a major relief to Start-ups, the Central Board of Direct Taxes (CBDT) has notified that Income Tax not payable on issuing share capital at excess premium by eligible start-ups. Section 56(2)(viib)...
![No Income Tax on Eligible Start-Ups on Issuing Share Capital at Excess Premium: Govt [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/02/Startups-Taxscan.jpg "No Income Tax on Eligible Start-Ups on Issuing Share Capital at Excess Premium: Govt [Read Notification]")
Setback for Chartered Accountants, Only Merchant Bankers can do Valuation of Unquoted Shares: CBDT [Read Notification]
The Central Board of Direct Taxes (CBDT) has today notified the Income Tax (6th Amendment Rules) wherein it is provided that only Merchant Bankers are entitled to do Valuation of Unquoted Shares and...
![Setback for Chartered Accountants, Only Merchant Bankers can do Valuation of Unquoted Shares: CBDT [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/03/Chartered-Accountants-Taxscan.jpg "Setback for Chartered Accountants, Only Merchant Bankers can do Valuation of Unquoted Shares: CBDT [Read Notification]")
