![Registration Granted to a Charitable Society can be withdrawn if such society is no longer involved in ‘Charitable services’: ITAT Hyderabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "Registration Granted to a Charitable Society can be withdrawn if such society is no longer involved in ‘Charitable services’: ITAT Hyderabad [Read Order]")
Registration Granted to a Charitable Society can be withdrawn if such society is no longer involved in ‘Charitable services’: ITAT Hyderabad [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal, in a recent decision held that the registration granted to a Charitable society under s....
CBDT issues instructions on IDS: Fair Market Value shall be adopted to determine the Cost of Capital Asset acquired out of Undisclosed Income [Read Instructions]
In an instruction (No.9 of 2016, dated 27th Sep 2016) issued by the Central Board of Direct Taxes (CBDT), clarified the ambiguities regarding the method of computing the undisclosed income in case of...
![CBDT issues instructions on IDS: Fair Market Value shall be adopted to determine the Cost of Capital Asset acquired out of Undisclosed Income [Read Instructions]](https://www.taxscan.in/wp-content/uploads/2016/08/CBDT-Taxscan-2.jpg "CBDT issues instructions on IDS: Fair Market Value shall be adopted to determine the Cost of Capital Asset acquired out of Undisclosed Income [Read Instructions]")
Income Declaration Scheme: CBDT extends working hours to receive Declarations until Midnight of 30th Sept.
In order to facilitate the declarants who would like to file the declaration in paper form under the Income Declaration Scheme, 2016, the Central Board of Direct Taxes (CBDT) has issued instructions...
CBDT clarifies unconfirmed reports speculating on the taxpayers’ response to the currently on-going Income Disclosure Scheme 2016 [Read Instructions]
Certain sections of the press have been speculating on the taxpayers’ response to the currently on-going Income Declaration Scheme (IDS) 2016 over the last couple of days. The Central Board of Direct...
No penalty shall be levied in case of quantum appeals in which the disputed tax does not exceed Rs.10 lakh: CBDT [Read Circular]
CBDT issues clarifications on Direct Tax Dispute Resolution scheme, 2016. The Central Board of Direct Taxes releases clarifications on Direct Tax dispute Resolution Scheme, 2016. Recently, the...
![No penalty shall be levied in case of quantum appeals in which the disputed tax does not exceed Rs.10 lakh: CBDT [Read Circular]](https://www.taxscan.in/wp-content/uploads/2016/09/Direct-Tax-Dispute-Resolution-scheme.jpg "No penalty shall be levied in case of quantum appeals in which the disputed tax does not exceed Rs.10 lakh: CBDT [Read Circular]")
Income Declaration Scheme: RBI issues instructions to banks to allow payment of Tax under the Scheme in Cash [Read Circular]
The Income Declaration Scheme, 2016 provides an opportunity to persons who have not paid full taxes in the past to come forward and declare their undisclosed income and assets. The Scheme has come...
