Daily Archive: Wednesday, March 16, 2016

New Aadhaar Bill passed. If Aadhaar really compulsory for subsidy benefit schemes ?

Author: | Categories: Aadhaar No comments
THE AADHAAR (TARGETED DELIVERY OF FINANCIAL AND OTHER SUBSIDIES, BENEFITS AND SERVICES) BILL, 2016 A lot of controversy has already been generated with respect to the utility or compulsion for having AADHAR Card. Not earlier than August, 2016, the Supreme Court had ruled that Aadhaar was not mandatory for

 

List/Details of Life Insurance Products relased during FY 2015-2016-IRDAI

Author: | Categories: IRDAI No comments
LIST & DETAILS  OF LIFE INSURANCE PRODUCTS RELEASED DURING THE FINANCIAL YEAR 2015 – 2016-IRDAI Sl No. Product Name Approval date 1 AEGON Religare iSpouse Insurance Plan 16-Jul-15 Download 2 AEGON Religare iCancer Insurance Plan 20-May-15 Download 3 AEGON Religare iIncome Insurance Plan 9-Jun-15 Download 4 AEGON Religare WOP on

 

Integrated Declaration under the Indian Customs Single Window Project

Author: | Categories: Excise/Custom No comments
Circular- 10/2016-Customs F.No.450/147/2015-Cus-IV Government of India Ministry of Finance Department of Revenue (Central Board of Excise and Customs) Dated: the 15th March, 2016 To, All Chief Commissioners of Customs / Customs (Preventive), All Chief Commissioners of Customs and Central Excise, All Commissioners of Customs / Customs (Preventive), All Commissioners

 

Rules in respect of fund manager regime under section 9A of the Income-tax Act, 1961

Author: | Categories: Income Tax, Press Release No comments
Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) New Delhi, the 16th March, 2016 PRESS RELEASE Subject: Rules in respect of fund manager regime under section 9A of the Income-tax Act, 1961-reg.             Section 9A of the Income-tax Act, 1961 (the Act) provides

 

Income Tax Fund Manager Rules under section 9A CBDT Notification-14/2016

Author: | Categories: Income Tax, Notifications No comments
Notification No. 14/2016  CENTRAL BOARD OF DIRECT TAXES New Delhi, the 15th March, 2016 S.O. 1101(E).- In exercise of the powers conferred by section 9A read with section 295 of the Income-tax Act, 1961(43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to

 

Issuance of notice under Rule 19 of the ITAT Rules, 1961, itself does not make the appeal admissible

Author: | Categories: Income Tax, ITAT, Judgments No comments
Issuance of notice under Rule 19 of the ITAT Rules, 1961, itself does not make the appeal admissible. Non-attendance makes the appeal defective. Case Details: INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “H” NEW DELHI ITA no. 1231/Del/2014 A.Y. 2008-09 Winspir Communication vs. ACIT Date of Order/Judgment: 15/03/2016 Held: Rule 19

 

C&AG Compliance Report 2016-Audit Findings on Income Tax Transfer Pricing

Author: | Categories: C&AG No comments
Comptroller and Auditor General (C&AG) Report No. 03 of 2016 for the year ended March 2015 on Compliance Audit on Direct Tax Department Union Government tabled on 11-03-2016. As per the report the instances mentioned are those which came to notice in the course of test audit for the