Daily Archive: Thursday, May 11, 2017

Draft ICDS on Real Estate Transactions-CBDT invites comments.

Author: | Categories: Income Tax No comments
Draft ICDS on Real Estate Transactions-CBDT invites comments. Draft ICDS is based on the Guidance Note issued on Real Estate Transactions by ICAI Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 11th May, 2017. Request for stakeholders comments on

Revenue Secretary reviewed IT-Preparedness for GST roll-out from July 01, 2017.

Author: | Categories: GST, Press Release No comments
Revenue Secretary reviewed IT-Preparedness for GST roll-out from July 01, 2017.  Software system developed for GST, training of tax officials etc. Ministry of Finance Press Release Dated: 11th May, 2017 Revenue Secretary Dr. Hasmukh Adhia holds detailed review of IT-Preparedness for the roll-out of Goods and Services Tax (GST)

Electronic transmission of departure manifests by carriers fifteen minutes before leaving or taking off wef 15/05/2017

Author: | Categories: Custom No comments
Electronic transmission of departure manifests by carriers fifteen minutes before leaving or taking off wef 15/05/2017  Circular No. 17I2017-Customs F.No.520/12/2009-Cus-VI (pt) Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs *** New Delhi, dated the 9th May, 2017 To All Principal Chief Commissioner/

CA held guilty of misconduct for forging income tax challan and recovering higher amount from clients

Author: | Categories: High Courts, ICAI, Judgments No comments
CA held guilty of misconduct for forging income tax challan and recovering higher amount from clients. Allahabad High Court enhanced the removal of name to 5 years against 2 years as proposed by ICAI   In a recent judgment, Hon’ble Allahabad High Court has directed removal of CA name

PAN linking with Aadhaar by taxpayers made easy by Income Tax Department

Author: | Categories: Income Tax No comments
PAN linking with Aadhaar by taxpayers made easy by Income Tax Department. The Income Tax Department has made it easy for taxpayers to link their PAN with Aadhaar. It was reported that taxpayers were finding it difficult as their names did not match in both systems (Eg. Names with
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