• Companies Act

Amended Accounting Standards 2016 shall apply to accounting periods commencing on or after the date of notification-MCA Circular

10 years ago

General Circular No. 04/2016 F. No.01/01/2009-CL-V Government of India Ministry of Corporate Affairs 5th Floor, A Wing, Shastri Bhavan, Dr…

  • Income Tax

Tips collected by hotel from customers and distributed to employees not salary for the purpose of TDS u/s 192-Supreme Court

10 years ago

The Supreme Court in its recent judgment has held that tips collected by the hotel from customers and distributed to employees…

  • FCRA

FCRA designated bank/utilization accounts to be brought on online platform of Public Finance Management Service for random scrutiny.

10 years ago

Changes in FCRA Rules As per Foreign Contribution (Regulation) Amendment Rules, 2015 notified in Gazette of India on 14.12.2015, the…

  • Black Money

Measures taken by the Indian Government to Curb Black Money in the Country particularly black money stashed away abroad-Press Release

10 years ago

The Measures taken by the Government to Curb Black Money in the Country Ministry of Finance Press Release dated 27/04/2016…

  • Black Money

Government-It should not be assumed that everyone (including Indian Citizens) who appears in Panama Papers is involved in tax avoidance or evasion

10 years ago

Tax Evasion by Indian Citizens Named in Panama Papers Ministry of Finance Press Release dated 27/04/2016 Recently, information about certain…

  • Black Money

Multi-Disciplinary Team for Probing the Panama Papers Leaks. Group consists of CBDT, ED, FIU and RBI with Convenor as Member (Investigation), CBDT.

10 years ago

Multi-Disciplinary Team for Probing the Panama Papers Leaks Ministry of Finance Press Release dated 27-04-2016 Recently, information about certain offshore…

  • Income Tax

E-filing Vault-Procedure to Protect your Income Tax Account

10 years ago

Announcing the e-Filing Vault Option Protect your Income Tax Department e-Filing account!   Dear Taxpayer, In order to ensure that…

  • Income Tax

Payment of interest on refund u/s 244A of excess TDS deposited under section 195. Department not to pursue/withdraw appeals filed-CBDT Circular

10 years ago

Circular No.  11/2016 F.No.279/Misc./M-140/2015-ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** New…

  • Income Tax

Commencement of limitation for penalty proceedings under sections 271D and 271E. AO not to issue notice-CBDT Circular on Departmental View

10 years ago

Circular No.  09/DV/2016 (Departmental  View) F.No.279/Misc./M-116/2012-IT J Government of India Ministry of Finance Department  of Revenue Central Board of Direct…

  • Excise/Custom

Excisability of bagasse, aluminium/ zinc dross. Withdrawal of Circulars/Instruction in view of Supreme Court Judgment-CBEC Circular

10 years ago

Circular No. 1027/15/2016-CX F. No. 96/115/2015- CX.1 Government of India Ministry of Finance Department of Revenue (Central Board of Excise…