Daily Archive: Thursday, July 14, 2016

Refunds up to Rs. 5000/- in non-CASS cases to be made without outstanding demand adjustments u/s 245 during FY 2016-17 – CBDT

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No. 312/ 67/ 2016-0T Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, Dated 14th July 2016 Office Memorandum Sub: – Expeditious disposal of refunds in non-CASS cases – relaxation of requirements of Section 245 of the I. T. Act 1961 –

Limited Scrutiny Conversion into complete scrutiny-AO to form reasonable view. Scrutiny selected by CASS 2015 2016. CBDT Instruction 5/2016.

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Limited Scrutiny Conversion into complete scrutiny by AO  Instruction No. 5/2016 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi, the 14th of July, 2016 Subject: Direction regarding scope of enquiry in cases under ‘Limited Scrutiny’ selected through CASS 2015

Sovereign Gold Bond Scheme 2016-17 Series-I to open on July 18. Interest rate 2.75 per cent per annuam which shall be taxable-RBI

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Sovereign Gold Bond Scheme 2016 -17 – Series I to open on July 18 Reserve Bank of India Date : Jul 14, 2016 he Reserve Bank of India, in consultation with the Government of India, has decided to issue fourth tranche of Sovereign Gold Bonds. Applications for the bond

Income Declaration Scheme ICDS 2016 – Relaxation of time schedule for making payments of taxes in instalments up to 30/09/2017-CBDT

Author: | Categories: Black Money No comments
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 14th July, 2016 PRESS RELEASE Sub : The Income Declaration Scheme 2016 – Relaxation of time schedule for making payments under the Scheme During the course of meetings and seminars held in different

SIT Recommendations on Black Money-Cash transactions and holding limits Rs. 3 Lakhs and Rs. 15 lakhs

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SIT Recommendations on Black Money-Cash transactions and holding limits  Ministry of Finance Press Release Dated 14th July 2016 Recommendations of SIT on Black Money as Contained in the Fifth SIT Report The Fifth SIT report has been submitted before the Hon’ble Supreme Court by the SIT. An extract of

ICAI-Inviting views/suggestions/recommendations on the feasibility of having a new financial year as per finance ministry initiative

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Dear Professional Colleagues, Sub: Inviting views/suggestions/recommendations on the feasibility of having ‘a new financial year’. This is to inform your goodselves that the Government of India has constituted a Committee to examine the desirability and feasibility of having ‘a new financial year’. The Committee headed by Dr. Shankar Acharya (former

Income Declaration Scheme ICDS 2016 Clarifications. CBDT Circular 27/2016 clarifying effective rate and 10 new FAQ to address further queries

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Income Declaration Scheme ICDS 2016 Clarifications clarifying effective rate and 10 new FAQ  to address further queries  Circular No. 27 of 2016 F.No.142/8/2016-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) Dated 14th day of July, 2016 Clarifications on the Income
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