Search Results for Tag : adjustment
Judgments
Assessee is entitled to reduce the book profits by the amount of loss brought forward (excluding depreciation) or unabsorbed depreciation(10.03.2023)
The assessee has challenged the computation of adjustment allowable in terms of clause (iii) of Explanation-1 to Section 115JB(2) of Income Tax Act, 1.....
Tags : Computation, Adjustment, Loss
Adjustment or exercise of banker's lien can be made, only if, employee makes over pensionary benefits voluntarily to the bank(03.08.2017)
In present case, Petitioner seeks gratuity from his employer. Petitioner submitted that, the Petitioner was an employee of a bank. A disciplinary proc.....
Tags : Gratuity, Entitlement, Loan, Adjustment
News
ITAT, Bangalore: EY Entitled to Deduction Under Section 10AA on Voluntary Transfer Pricing Adjustment(25.11.2020)
Income Tax Appellate Tribunal (ITAT), Bangalore has held that the assessee is entitled to deduction under Section 10AA of the Income Tax Act, 1961 on .....
Tags : Income Tax Appellate Tribunal, EY, Voluntary Transfer Pricing Adjustment
Notifications & Circulars
Provisioning pertaining to Fraud Accounts(18.04.2016)
Reserve Bank of India notified amendments to provisions in respect of Fraud Accounts. Banks making good amounts upon detection of fraud can adjust fin.....
Tags : fraud accounts, banks, adjustment, profit and loss
Marginal Standing Facility(04.10.2016)
As announced in the Fourth Bi-monthly Monetary Policy Statement today, it has been decided by the Monetary Policy Committee (MPC) to reduce the Repo r.....
Tags : Repo rate, Reduction, Marginal Standing Facility, Adjustment
Liquidity Adjustment Facility - Repo and Reverse Repo Rates(04.10.2016)
As announced in the Fourth Bi-monthly Monetary Policy Statement today, it has been decided by the Monetary Policy Committee (MPC) to reduce the Repo r.....
Tags : Repo rate, Reduction, Liquidity Adjustment Facility
Payment of Service Tax by Department of Posts and Ministry of Railways by way of book adjustment(21.03.2023)
1.Board had earlier noted that the practice of payment of Service tax by way of book adjustment adopted by the Department of Posts and the Ministry of.....
Tags : Payment, Service Tax, Book adjustment
Liquidity Adjustment Facility- Change in rates(04.05.2022)
1. As announced in the Monetary Policy Statement, 2022-23, today, it has been decided by the Monetary Policy Committee (MPC) to increase the policy Re.....
Tags : Liquidity Adjustment Facility, Change, Rates
CBDT Notifies Rule 10CB for Secondary Adjustments under Section 92CE of IT Act, 1961(19.06.2017)
Rule 10CB for operationalising the provisions of secondary adjustment has been notified by the Central Board of Direct Taxes on 15th June, 2017. It pr.....
Tags : Secondary Adjustments, Rule, Notified