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  • Latest News Of Central Board Of Direct Taxes

    Statements recorded during the course of survey u/s 133A and retracted thereafter have not any evidentiary value in case where assessee proved the genuineness of the same transaction. Case: IT Vs. Sunrise Tooling System Pvt. Ltd., ITA No. 399/2013, Date of decision: 22.01.2014, High Court of Delhi.

    DVAT Department has withdraw the filing of Audit Report in its current format AR-1, with immediate effect.

    The Central Board of Direct Taxes (CBDT) has extended the deadline for filing ITR-V forms for assessment years 2009-10, 2010-11 and 2011-12 till 31 March 2014 for returns e-filed with refund claims.

    Section 135 (Corporate Social Responsibility) of the Companies Act 2013, Schedule VII of the said Act and the Rules thereon have been notified by MCA and made applicable from 01.04.2014.
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