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So far Salcoca Team has created 79 blog entries.
1211, 2016

Salute to citizens of India

By |November 12th, 2016|Uncategorized|0 Comments

Salute to citizens of India

on November 8, 2016 at 8 pm PM Narendrea Modi announced de-monetisation of currency notes with denomination of Rs. 500 / 1000 with immediate effect.
One can get rest of the details anywhere on the internet / newspaper etc.
A mechanism has been given to deposit the said currency notes […]

1011, 2016

Rs. 500/- 1000/- notes validity – correct and complete picture

By |November 10th, 2016|Blog|0 Comments


On 8th November 2016, the Prime Minister addressed the nation. Most Indians expected the PM to talk about the security threat to India arising out of the consistent Pakistan sponsored attacks on our border. However, nobody would have been ready for what we all were in for.

The demonetisation of Rs. 500 and Rs. 1,000 currency […]

2310, 2016

दो बूंदे​ GST की…..

By |October 23rd, 2016|Blog|0 Comments

दो बूंदे GST की…..


Goods and service tax is in vogue and it is more likely that it will be implemented with effect from 1-Apr-2017.

Winter session of Parliament will begin from 16-Nov-2016 and it is likely that GST will be a reality from 1-Apr-2017.

GST is consolidation of various indirect taxes at two levels.

By nature, any indirect tax […]

3009, 2016

Rs. 200/- per day fee for late filing of TDS return – relief by Pune ITAT

By |September 30th, 2016|Uncategorized|0 Comments

While disposing a bunch of appeals, Pune ITAT has held that Rs. 200/- per day fee for late filing of TDS return can be recovered only for periods commencing on or after 1-Jun-2015.

The case is being popularly known as Gajanan Constructions v DCIT, CPC (TDS), Ghaziabad, Uttarpradesh ITA No(s). 1292 & 1293/PN/2015 dated 23-Sep-2016


1702, 2016

whether Litigation under Income Tax Law is getting reduced ?…apparently Yes

By |February 17th, 2016|Blog|0 Comments

Following is the link of an interview of Mr. Dinesh Vyas and Mr. Arvind Datar.

Mr. Datar is hopeful that, almost 30-40 percent of the litigation will get reduced in view of the following measures taken by CBDT / Govt.

On February 16, 2016, CBDT has issued a press release as follows

CBDT resolves disputes to the tune […]

1702, 2016

reducing discrimination between man and woman under hindu law

By |February 17th, 2016|Blog|0 Comments

The Hindu Succession (Amendment Act), 2005 which came into effect on 09.09.2015 and by which daughters in a joint Hindu family, governed by Mitakshara law, were granted statutory right in the coparcenary property (being property not partitioned or alienated) of their fathers applies only if both the father and the daughter […]

801, 2016

Supreme Court – RTI on statistics of reserved judgements – rejected

By |January 8th, 2016|Blog|0 Comments


The Applicant sought information under RTI seeking details of the cases pending before the Supreme Court of India in which the arguments have been heard and the orders are reserved during the period 2007-2009.
The Central Public Information Officer (CPIO) of the Supreme Court of India had not provided the information on the ground that it […]

3012, 2015

Now file appeal to CIT(A) by sitting at home

By |December 30th, 2015|Blog|0 Comments

Refer the recent press release as reproduced below.
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
PRESS RELEASE New Delhi, 30th December, 2015
Subject: Electronic filing of first appeal before CIT(Appeals) – reg.

It is the endeavour of the Income tax Department to digitise various functions of the Department for providing efficient taxpayer services.
As another significant […]

2012, 2015

IT dept – everything by email……open book exam…much tougher job for assessee

By |December 20th, 2015|Blog|0 Comments

Rule 127 inserted by the Income-tax (Eighteenth Amendment) Rules, 2015, w.e.f. 2-12-2015.

The same is re-produced herein below.

Apparently, it may appear like a facilitating thing whereby you will be submitting all the documents making all arguments by sitting at your office.

The other part being, it is like open book examination which is definitely much tougher than […]

1612, 2015

Welcome step by SC – task of improving itself – given to Govt.

By |December 16th, 2015|Blog|0 Comments

Today, on December 16, 2015, Supreme Court passed an order directing government of India to prepare a Memorandum of Procedure dealing with appointment of judges in higher judiciary.
The SC has shown trust in Parliament leaving the task of improving current procedure of collegium system.
Relevant paragraphs of the SC order.
Current CJI has declined appointing next batches […]