Day: January 4, 2017

Payments to HUF held deemed dividend u/s 2(22)(e) despite the HUF itself was not the registered shareholder of the company-Supreme Court

Payments to HUF held deemed dividend u/s 2(22)(e) because the prescribed conditions were fulfilled notwithstanding the fact that the HUF itself was not the registered shareholder of the company-Supreme Court ABCAUS Case Law Citation: ABCAUS 1095 (2017) (01) SC Assessment Year : 2006-07 Important Case Laws Cited: Binal Sevantilal …

Custom Single Window SWIFT extension to Exports. Online-release from Partner Government Agencies from 05/1/2017 as pilot in selected cities

Custom Single Window SWIFT extension to Exports. Online-release from Partner Government Agencies from 05/1/2017 onward as pilot in selected cities   Circular No. 1/2017-Customs F.No.450/101/2016-Cus-IV Government of India Ministry  of Finance Department of Revenue (Central Board of Excise and Customs) ****** Room 227B, North Block New Delhi, dated …

Foreign citizens can exchange old notes till 31-01-2017. RBI relaxes the SBNs exchange facility to foreign citizens (i.e. foreign passport holders)

Foreign citizens can exchange old notes till 31-01-2017. RBI relaxes the SBNs exchange facility to foreign citizens (i.e. foreign passport holders) Reserve Bank of India RBI/2016-17/208 A.P. (DIR Series) Circular No. 24 January 03, 2017 To All Authorised Persons Madam / Sir, Exchange facility to foreign citizens Attention …

India Uruguay agreement for Cooperation-mutual assistance in customs matters approved. It will help in prevention and investigation of Customs offences

India Uruguay agreement for Cooperation-mutual assistance in customs matters Ministry of Finance Dated: 04th January, 2017 Press Release Cabinet approves Agreement between India and Uruguay regarding Cooperation and Mutual Assistance in Customs Matters The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved signing and …