Home Highlights October 2018 Year 2018 This

You may also like:

1. Extension of date for filing of Income Tax Returns and Audit Reports from 30th September, 2018 to 15th October, 2018

2. Exemption of Gross Interest u/s 10(15) - exemption under section 10(15) was to be allowed on gross interest and not on the net interest - AT

3. Extension of date for filing return in FORM GSTR-3B for the month of April, 2018

4. This order issued by the Central Board of Direct Taxes (CBDT) u/s 119 of the Income Tax Act, 1961, grants an extension for certain trusts/institutions/funds to furnish...

5. Rejection of refunds - Export of services - Proof of date of providing / exporting services - during the month of December 2017, the Invoices/Debit Notes were missed to...

6. Penalty u/s 271B - delayed submission of the audit report - assessee’s only case is that it was not aware of the requirement of law - The explanation is not valid on...

7. Deduction u/s. 80(P)(2)(a)(i) - Due date for filing the return of income u/s 139(1) - The assessee cannot be denied deduction under Section 80P(2)(a)(i) of the Act if...

8. Penalty u/s 271B - Delay in filing the tax audit report - delay occurred due to the Accountant leaving the job abruptly and it took time for the new Accountant to...

9. CBDT extends due date for filing Income Tax Returns and Tax Audit Reports

10. Extension of due date for filing of ITRs/Audit Report for the A.Y. 2018-19 in respect of Kerala Region

11. Eligibility for exemption u/s 10(23C)(iiiad) - claim not made in return of income - failure to furnish audit report in Form 10B - The Tribunal found that the...

12. Constitution of National Financial Reporting Authority (NFRA) w.e.f. 1.10.2018

13. Note on Simplified Returns and Return Formats July, 2018

14. Levy of penalty u/s. 271B - default in furnishing of Tax Audit Report - In section 271B of the Act, the only requirement is to get the accounts of assessee audited or...

15. Deduction u/s. 80-IA - Claim denied as return of income was not accompanied by the mandatory audit report as prescribed in Form No.10CCB - assessee has filed an audit...