Daily Archive: Saturday, May 13, 2017

Implications of GST implementation on Indian Economy-RBI releases State Finances: A Study of Budgets of 2016-17

Author: | Categories: GST, RBI No comments
Implications of GST implementation on Indian Economy-RBI releases State Finances: A Study of Budgets of 2016-17 an annual publication. Reserve Bank of India Date : May 12, 2017 GST implementation to have far reaching implications for the Indian Economy RBI releases State Finances: A Study of Budgets of 2016-17

Draft Income Tax Appellate Tribunal Rules 2017 issued for public comments.

Author: | Categories: ITAT No comments
Draft Income Tax Appellate Tribunal Rules 2017 issued for public comments. 1963 Rules outlived utility in view of changing circumstances and technology  INCOME TAX APPELLATE TRIBUNAL (COMMITTEE FOR REVISION OF THE INCOME TAX APPELLATE TRIBUNAL RULES) 11th floor,Lok Nayak Bhawan Khan Market,New Delhi 110 003 PUBLIC NOTICE May 11,

ICSI revised increased membership fee from 01-04-2017. Fees doubled but relaxation given to newly inducted ACS

Author: | Categories: ICSI No comments
ICSI revised increased membership fee from 01-04-2017. Fees doubled but relaxation given to newly inducted company secretaries. FAQ for reduced fee for ACS NOTIFICATION ICSI/05/May/2017 The Institute of Company Secretaries of India 1. The Council of the ICSI in its 236th meeting held on 29- 30th March, 2016 had

Specified Bank Notes Deposit of Confiscated Notes Rules 2017. SBN Confiscated up to 30.12.2016 can be deposited in any RBI branch

Author: | Categories: Finance Ministry No comments
Specified Bank Notes Deposit of Confiscated Notes Rules 2017. SBN Confiscated up to 30.12.2016 can be deposited in any RBI branch MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 12th May, 2017 G.S.R. 460(E).— In exercise of the powers conferred by sub-section (1) of section 11,

Penalty us 271(1)(c) for black money in Swiss bank deleted on legal grounds as ITD failed poorly to prosecute on legal grounds.

Author: | Categories: Income Tax, ITAT, Judgments No comments
Penalty us 271(1)(c) for black money in Swiss bank deleted on legal grounds by the ITAT as the Income Tax Department failed poorly to prosecute on legal grounds. This is in fact one of the example to what extent Income Tax Department had prepared its officer with required skills

Vijaya Bank Online Concurrent Bank Audit Empanelment 2017-18. Last Date for application 20/05/2017

Author: | Categories: CA CS CMA, Empanelment No comments
Vijaya Bank Online Concurrent Bank Audit Empanelment 2017-18 for CA Partnership Firms. Last Date for application 20/05/2017              The eligibility criteria for selection of Concurrent Auditors The Chartered Accountant firms/Concurrent Auditors should be on RBI panel. The Chartered Accountant firms should be partnership concern.

Refusal to grant registration us 12AA for not contesting earlier rejections is contrary in the eyes of law – ITAT

Author: | Categories: Income Tax, ITAT, Judgments No comments
Refusal to grant registration us 12AA for not contesting earlier rejections is contrary in the eyes of law – ITAT ABCAUS Case Law Citation: ABCAUS 1243 (2017) (05) ITAT The Grievance: The appellant assessee was aggrieved by the order passed by the Commissioner of Income Tax(Exemptions) [CIT(E)] refusing to
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