Daily Archive: Saturday, November 26, 2016

IDS-2016 Part-2 with 50 percent tax, lock in period for declared income with 0% interest-As reported in media

Author: | Categories: Income Tax No comments
IDS-2016 Part-2 with 50 percent tax, lock in period for declared income with 0% interest. According to media, Govt may amend tax laws soon. On 28-11-2016 Finance Minister has introduced PMGKY 2016 Yojana to this effect Click Here to read more >>  Some section of media has reported that Government

 

ITAT duty bound to grant relief even if no specific ground is raised or even without alternative submission-High Court

Author: | Categories: High Courts, Income Tax, Judgments No comments
ITAT duty bound to grant relief even if no specific ground raised. Even without alternative submission, Tribunal must pass consequential orders suo motu. ABCAUS Case Law Citation: 1062 (2016) (11) HC Important Case Laws considered: CIBA of India Ltd vs. CIT (1993) 202 ITR 0001 (Bombay High Court) CIT

 

Revised Model GST Law 2016 released by GST Council Secretariat on 25-11-2016.

Author: | Categories: Finance Ministry, GST No comments
Revised Model GST Law 2016 released by GST Council Secretariat on 25-11-2016. The Central / State Goods and Services Tax Act 2016 Revised Model GST Law GST COUNCIL SECRETARIAT November, 2016  Central / State Goods and Services Tax Act, 2016 Revised Draft Model GST Law Click Here >> Draft IGST Law Click