Day: May 16, 2017

Changes in 7th CPC recommendations for few categories of employees. Changes in Defence Pay Matrix, officers posted on deputation

Changes in 7th CPC recommendations for few categories of employees.   MINISTRY OF FINANCE (Department of Expenditure) RESOLUTION New Delhi, the 16th May, 2017 No. 1-2/2016-IC.—Whereas, vide its Resolution No.1-2/2016-IC notified in the Gazette of India, dated the 25th July, 2016, the Government of India accepted the recommendations …

Operation Clean Money Phase-II Enforcement action in high risk cases to be taken – Finance Minister

Operation Clean Money Phase-II Enforcement action in high risk cases to be taken i.e.; verification, search, survey, scrutiny – Finance Minister Ministry of Finance Press Release 16-May, 2017 The Union Minister of Finance, Shri Arun Jaitley, launches Operation Clean Portal; Will enable citizen engagement for creating a tax …

Business or House Property income-Onus was on assessee to show that income was from letting out of the property – SC

Business or House Property income-Onus was on assessee to show that out of income or substantial income was from letting out of the property being principal business activity – SC ABCAUS Case Law Citation:ABCAUS 1249 (2017) (05) SC Important Case Laws Cited relied upon:Chennai Properties and Investments Limited …