Daily Archive: Monday, February 6, 2017

Fake-duplicate LPG accounts identified under PAHAL amounting 3.56 Cr ore. 1.05 Cr LPG consumers have voluntarily Given Up their LPG subsidy

Author: | Categories: Government No comments
Fake-duplicate LPG accounts identified under PAHAL amounting 3.56 Cr ore. 1.05 Cr LPG consumers have voluntarily Given Up their LPG subsidy Ministry of Petroleum & Natural Gas Press Release Dated: 6th feb, 2016 3.56 Cr fake/duplicate accounts identified for 2015-16 under PAHAL 1.05 Cr LPG consumers have voluntarily Given

 

Jurisdictional issue not general ground requiring no adjudication. Whenever jurisdiction is questioned it is to be first decided.

Author: | Categories: Income Tax, ITAT, Judgments No comments
Jurisdictional issue not general ground requiring no adjudication. Whenever jurisdiction of an authority to pass the order is questioned then the foundational fact questioned is to be first decided-ITAT ABCAUS Case Law Citation: ABCAUS 1118 (2017) (02) ITAT Assessment Year : 2009-10 Date/Month of Judgment/Order: February, 2017 Brief Facts

 

NBFCs registration certificate cancelled by RBI. Nine Non-Banking Financial Companies cannot transact business as per RBI Act

Author: | Categories: RBI No comments
NBFCs registration certificate cancelled by RBI. As per order nine Non-Banking Financial Companies cannot transact the business as per RBI Act Reserve Bank of India Press Release Date : Feb 06, 2017 The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following non-banking financial

 

India Austria Sign Protocol amending DTAC. Amendment to existing Convention for Avoidance of Double Taxation and Prevention of Fiscal Evasion

Author: | Categories: Income Tax No comments
India Austria Sign Protocol amending DTAC. Amendment to existing Convention for Avoidance of Double Taxation and Prevention of Fiscal Evasion Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 6th February, 2017 Press Release India and Austria Sign a Protocol amending the

 

50 lacs UAN allotted to Construction Workers. The Building and Other Construction Workers Welfare Cess Act 1996 provides levy and collection of cess

Author: | Categories: EPFO No comments
50 lacs UAN allotted to Construction Workers. The Building and Other Construction Workers Welfare Cess Act 1996 provides levy and collection of cess Ministry of Labour & Employment Press Release 50 lacs Universal Account Number (UAN) allotted to Construction Workers The Building and Other Construction Workers’ Welfare Cess Act,

 

TDS Rate Chart for FY 2017-18 AY 2018-19 Updated as per Union Budget Proposals 2017-18

Author: | Categories: Budget 2017-18, Income Tax No comments
TDS Rate Chart for FY 2017-18 AY 2018-19 Updated as per Union Budget Proposals 2017-18 presented in Parliament on 1st February, 2017  Section Nature of Payment Rate-HUF/Ind % Rate-Others % 192 Salaries Average rate – 192A Payment of accumulated balance due to an employee >30000/- > 50000/- (wef 01-06-2016)