Latest Expert Exchange Queries

Make your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: VAT Audit :: articles on VAT and GST in India :: VAT RATES :: cpt :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: ACCOUNTING STANDARD :: TDS :: ACCOUNTING STANDARDS :: due date for vat payment :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
 
 
Direct Tax »
 CBDT clarification on Ind-AS makes tax calculation harder for companies
 I-T department to share companies' tax info with corporate ministry
 CBDT comes out with clarification on MAT for Ind AS companies
 No penalty for late ITR this year but here are 4 important reasons to file it in time
 12% growth in income tax collection
 CBDT gameplan to enhance TDS collection
 Don't curry political favours for transfers, CBDT tells taxmen
 CBDT: GST not to be added for TDS computation
 Five interest incomes you are likely to forget to include in your tax return
 GST not to be added for TDS computation
 GST not to be added for TDS computation

Kashmir Income Tax Bar seeks implementation of CBDT advisory
September, 19th 2015

Kashmir Income Tax Bar Association (KITBA) today at a meeting with Principal Commissioner I-T department, Sangeeta Gupta urged her that CBDT advisory regarding scrutiny of cases of flood affected assessees in Kashmir be followed in letter and spirit.

President of the bar, NazirShikari said last year the CBDT had issued the advisory to the local I-T office here instructing it to be lenient in scrutinizing the cases of flood affected assessees. “However, unfortunately, different assessing officers of the department interpreted the advisory differently and consequently huge demands were raised against some assessees who could not produce the books that they had lost to the flood,” Shikari said.

Shikara said the Principal Commissioner assured the Bar at a meeting here today that “henceforth in all such cases the approach of the department shall humane and uniform.”

Bar members also raised the issue of hardships faced by the taxpayers due to non-filing of TDS returns by various government departments “as a result of which the tax credit is not afforded to the taxpayer and he does not get his refund.”

“In many cases huge demands are raised by the department in place of a refund,” he said.

“The Principal Commissioner said that the matter shall be taken up with the state government at the highest level so that all the DDOs file TDS returns which shall facilitate early refunds,” Shikari in a statement said.

As per statement, the Principal Commissioner said that the department shall also start “prosecution proceedings against such defaulting DDOs.”

The Bar also demanded that a senior officer of the rank of additional commissioner should be posted permanently at Srinagar who could be available for on spot redressal of grievances of the assessees.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Organic SEO Outsourcing Organic Search Engine Optimization Outsourcing Organic Website SEO Organic SEO India Website SEO India Organic Search Engine Optimization India Organic Internet SEO India Organic Web

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions