Month: July 2016

Soiled Mutilated Imperfect Currency Notes Exchange Procedure-RBI. Up to 20 pieces with maximum value of Rs.5000 exchanged over the counter free of charge

Soiled Mutilated Imperfect Currency Notes Exchange Procedure-RBI. Up to 20 pieces with maximum value of Rs.5000 exchanged over the counter free of charge

July 20, 2016 RBI
Reserve Bank of India Master Circular – Facility for Exchange of Notes and Coins RBI/2016-17/21 DCM (NE) No.G-1/08.07.18/2016-17 July 18, 2016 The Chairman and Managing Director / The Managing Director/ The Chief Executive Officer All Banks Madam / Dear Sir Master Circular – Facility for Exchange of Notes …
Manual signatures on digitally signed excise invoices allowed under Central Excise / Service Tax Rules CBEC Circular No. 1038/26/2016-CX

Manual signatures on digitally signed excise invoices allowed under Central Excise / Service Tax Rules CBEC Circular No. 1038/26/2016-CX

July 20, 2016 Excise/Custom
Manual signatures on digitally signed excise invoices  Circular No. 1038/26/2016-CX F.NO. 224/44/2014-CX 6 GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE & CUSTOMS New Delhi 191h July. 2016 To Principal Chief Commissioner/Chief Commissioner of Central Excise, Customs and Service Tax (All) Principal  Commissioner of …
Appointments of advocates on Income Tax panel not equitable and without consideration of the issue of law involved vis-a-vis experience of Advocate – Bombay HC

Appointments of advocates on Income Tax panel not equitable and without consideration of the issue of law involved vis-a-vis experience of Advocate – Bombay HC

July 20, 2016 High Courts, Income Tax, Judgments
Appointments of advocates on Income Tax panel not equitable and without consideration of the issue of law involved visavis the experience of the Advocate – Bombay High Court Case Law : ITA No. 2287/2013  The Commissioner of Income Tax (Appellant) vs. M/s. TCL India Holdings Pvt.Ltd (Respondent) Date of Judgment: 12th July 2016 …
Income Tax Business Application (ITBA) Exemption Module-Approval, registration cancellation of trusts societies non-profit companies u/s 12AA 80G(5) 10(23C)

Income Tax Business Application (ITBA) Exemption Module-Approval, registration cancellation of trusts societies non-profit companies u/s 12AA 80G(5) 10(23C)

July 19, 2016 Income Tax
Income Tax Business Application (ITBA) Exemption Module Income Tax Department has launched a new Income Tax Business Application (ITBA) Exemption Module (Phase1). The said module has been designed to automate and expedite the the following functions: (a) Registration and cancellation of trusts/societies/non-profit companies u/s 12AA of the Income Tax …
Additional depreciation u/s 32(1)(ii) on capital work in progress converted into plant and machinery erected, commissioned during the year allowable – ITAT

Additional depreciation u/s 32(1)(ii) on capital work in progress converted into plant and machinery erected, commissioned during the year allowable – ITAT

July 18, 2016 Income Tax, ITAT, Judgments
Additional depreciation u/s 32(1)(ii) on Capital Work in Progress converted into plant and machinery during the year is allowable – ITAT ABCAUS Case Law Citation: 976 2016 (07) ITAT Assessment Year: 2006-07 Date/Month of Judgment/Order: July 2016 Important Judgments Cited: JCIT vs. Lotus Energy (India) Ltd. 68 taxmann.com …