Daily Archive: Monday, June 12, 2017

Exemption to Advocates from registration under GST

Author: | Categories: GST No comments
Exemption to Advocates from registration under GST.  New addition to the list of service tax exemptions to be continued in GST as per Decisions in 16th meeting of GST Council Decisions in regard to Services taken by the GST Council in the 16th meeting held on 11th of June

TDS u/s 194-I not to apply to Passenger Service Fees (PSF)-CBDT accepts Bombay High Court Judgment

Author: | Categories: Income Tax No comments
TDS u/s 194-I not to apply to Passenger Service Fees (PSF) by an Airline to an Airport Operator-CBDT accepts Bombay High Court Judgment Circular No. 21/2017 F.No.  279/Misc./140/2015/ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, Dated 12th June, 2017 SUBJECT:

Explanation 2 to Section 132B have prospective application-CBDT Circular accepting various High Courts judgment

Author: | Categories: Income Tax No comments
Explanation 2 to Section 132B have prospective application-CBDT Circular accepting various High Courts judgment on application of seized/requisitioned assets Circular No.20/2017 F. No. 279/Misc./140/2015/ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, Dated12th June, 2017 Subject: Applicability of Explanation 2 to

Trade advances are not deemed dividend u/s 2(22)(e). They do not fall within the ambit of the word ‘advance’

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Trade advances are not deemed dividend u/s 2(22)(e) as they do not fall within the ambit of the word ‘advance’ Circular No. 19/2017 F.No. 279/Misc./140/2015/ITJ Government of India Ministry of Finance Central Board of Direct Taxes New Delhi, Dated 12th June, 2017 Sub: Settled View on section 2(22)(e) of

Difficulty in Linking new mobile number to aadhaar-UIDAI advisory for expeditious updating

Author: | Categories: Aadhaar No comments
Difficulty in Linking new mobile number to aadhaar-UIDAI advisory for expeditious updating of mobile number To resolve the issue of difficulty being faced by few taxpayers in getting their new mobile number linked to aadhaar, UIDAI has prepared an advisory for expeditious updating of mobile number  Aadhaar enrolment and update

Time Limit for assessment complettion when ITAT simply restored matter to AO without any finding or direction

Author: | Categories: Income Tax, ITAT, Judgments No comments
Time Limit for assessment-When ITAT simply restored matter to AO for fresh adjudication without any finding or direction, section 153(2A) was applicable and the order was subject to time limitation prescribed. Time Limit for assessment completion u/s 153 ABCAUS Case Law Citation: ABCAUS 1276 (2017) (06) ITAT The Grievance:
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