Daily Archive: Friday, August 5, 2016

Computation of book profit for the purposes of levy of MAT u/s 115JB for Indian Accounting Standards (Ind AS) compliant companies-Framework

Author: | Categories: Income Tax No comments
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 5th August, 2016. PRESS RELEASE Subject: Framework for computation of book profit for the purposes of levy of MAT under section 115JB of the Income-tax Act, 1961 for Indian Accounting Standards (Ind AS)


Agreement between India and Saint Kitts for information Exchange relating to taxes.

Author: | Categories: Black Money No comments
MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 21st July, 2016 S.O. 2488(E).—Whereas, an Agreement between the Government of the Republic of India and the Government of Saint Kitts and Nevis was signed at New York on the 11th November, 2014 (hereinafter referred to as the said


Next Steps in Goods and Service Tax-Road map to GST Revenue Secretary’s presentation after passage of Constitution Amendment Bill

Author: | Categories: GST No comments
NEXT STEPS GOODS AND SERVICES TAX: THE ROADMAP TO GST  Revenue Secretary’s presentation on next steps required about GST after passage of Constitution Amendnent Bill  Establishment of Legal Framework • Preparation of IT infrastructure • Change Management: Training of Officials and Staff Outreach and Consultation with trade and industry