Bank Account cannot be classified as Inoperative if Dividend been credited to such account
RBI had clarified vide circular RBI /2014–15/200 DBOD.No. Leg. BC. 36/09.07.005/2014–15 dated September 1, 2014 that Bank Account cannot be
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RBI asks bank auditors to have a stringent monitoring process
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In the case of Shri Sachinder Mohan Mehta v. ACIT (Delhi High Court), Appeal No. ITA 655/2014, Judgment delivered on
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Interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.
Read MoreRBI asks bank auditors to have a stringent monitoring process
Pointing to the gaps in the auditors’ work, the Reserve Bank of India (RBI) has asked banks to adopt a
Read MoreIncome Tax e‑Filing Statistics
ITR Wise receipt of e‑Returns- December, 2014 S.No. Form FY 2012–13 (From 01/04/2012 to 31/03/2013) FY 2013–14 (From 01/04/2013 to 31/03/2014)
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ITAT Delhi held in the case of Manpreet Singh Vs. ITO, I.T.A. No.: 3976/Del/13 that Rent received from mobile Tower
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