Daily Archive: Thursday, December 15, 2016

No debit transfer withdrawals in non KYC compliant bank accounts with balance of 5 lakhs+ or 2 lakhs deposited after 09-11-2016-RBI

Author: | Categories: RBI No comments
No debit transfer withdrawals in non KYC compliant bank accounts with balance of 5 lakhs+ or 2 lakhs deposits after 09-11-2016-RBI Reserve Bank of India Compliance to provisions of Master Direction on Know Your Customer (KYC) RBI/2016-17/183 DBR.AML.BC.48/14.01.01/2016-17 December 15, 2016 All Regulated Entities Dear Sir/Madam, Compliance to provisions

 

Unpaid audit fee was not income u/s 41(1) even if confirmation letter not produced as no expenditure was claimed in the current year-ITAT

Author: | Categories: Income Tax, ITAT, Judgments No comments
Unpaid audit fee was not income u/s 41(1) even if confirmation letter not produced as no expenditure was claimed in the current year-ITAT ABCAUS Case Law Citation: ABCAUS 1084 (2016) (12) ITAT Brief Facts of the Case: The assessee was a Government Corporation. In the balance sheet of the

 

e-Payment System for Airport Parking Charges. Airports Authority of India instruction for evolving mechanism of e-payment transactions

Author: | Categories: Press Release No comments
e-Payment System for Airport Parking Charges. Airports Authority of India instruction for evolving mechanism of e-payment transactions  Ministry of Civil Aviation Dated: 15th December, 2016 Press Release Digital Payment System For Parking Charges At Airports Airports Authority of India (AAI) has issued directions to the respective Car Parking Licensees

 

NITI Aayog-Lucky Grahak Yojana Digi-dhan Vyapar Yojana to promote and incentivize electronic payments. First draw on 25-12-2016

Author: | Categories: Niti Aayog No comments
NITI Aayog-Lucky Grahak Yojana Digi-dhan Vyapar Yojana to promote and incentivize electronic payments. First draw on 25-12-2016 as Christmas gift  NITI Aayog 15-December, 2016 NITI Aayog announces launch of the schemes – Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana-for incentivising digital payment Government of India has initiated numerous steps

 

Export warehousing facility extended to Ahmedabad Gujarat. Places where warehouses may be established to store excisable goods for export

Author: | Categories: Excise No comments
Export warehousing facility extended to Ahmedabad Gujarat. Places where warehouses may be established to store excisable goods for export Circular No. 1051/39/2016-CX F. NO. 209/10/2013-CX.6 GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS North  Block, New Delhi Dated the  15th of December,