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UP GST-Body worn camera videography must during SIB investigation. Functioning of SIB Unit- Procedures to be adopted before , during and after the investigation-Circular Commissioner UP GST (Commercial Tax) has issued a circular regarding functioning of Special Investigation Branch (SIB) Unit in GST According to the circular, under section …
IBBI organises 2nd IP Conclave in Mumbai in association with the three Insolvency Professional Agencies, ICAI, ICSI , ICMAI on 26th May, 2018 Insolvency and Bankruptcy of India Press Release No. IBBI/PR/2018/19 26th May, 2018 The Insolvency and Bankruptcy of India organises the 2nd IP Conclave in Mumbai …
Introduction of monetary limit at the level of Commissioner-Appeals-CBIC fixes Rs 2,50,000/- below which appeal shall not be filed with Commissioner (A) F No 390/Misc/116/2017-JC Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs New Delhi 25 May 2018 INSTRUCTION To All …
Customs Audit Regulations 2018 u/s 99A of Custom Act and Proper Officer for section 99A to be Deputy Commissioner or Assistant Commissioner–Notifications Finance Act, 2018 has inserted a new Chapter XIIA in the Customs Act relating to audit. The new section 99A provide that the proper officer may carry out …
Cost Accountants be allowed to appear before income tax authorities/Tribunals as AR by inclusion u/s 288(2) of Income Tax Act-ICMAI submission to FM The Institute of Cost Accountants of India has urged inclusion of “Cost Accountants” under the definition of “Accountant” u/s 288 (2) of Income Tax Act, 1961 …
All ITRs for AY 2018-19 are now available for e-Filing Income Tax Department has released Income Tax Returns (ITRs) Preparation utilities for AY 2018-19 for all ITRs ITR-1 , ITR-2, ITR-3, ITR-4, ITR-5, ITR-6 and ITR-7 ITR Description Excel Utility Version Release Date Java Utility Version Release Date …
Startups exempted from issue of share price in excess of face value MINISTRY OF FINANCE (Department of Revenue) (Central Board of Direct Taxes) NOTIFICATION New Delhi, the 24th May, 2018 INCOME-TAX S.O. 2088(E).—In exercise of the powers conferred by the clause (ii) of the proviso to clause (viib) …
Declaration of Interest rate for EPF Account for the year 2017-18 @ 8.55% EMPLOYEES’ PROVIDENT FUND ORGANISATION MINISTRY OF LABOUR AND EMPLOYMENT, GOVERNMENT OF INDIA Head Office: Bhavishya Nidhi Bhawan, 14, Bhikaji cama Place, New Delhi -110066 www.epfindia.qov.in , www.epfindia.nic.in No.Invest.I/CBT Agenda/ROI/2017-18/4153 Dated 25th May, 2018 To …
Chartered Accountants not to determine FMV of unquoted equity shares received by a company without adequate consideration-CBDT Notification Section 56(2) of the Income tax Act, 1961. creates a deeming fiction for bringing certain receipts/transactions within the scope of taxable income. (b) Under the provisions of clause (viia) to …
Additions made on grounds other than reasons to believe recorded u/s 148-SC dismisses SLP of the assessee. Due to difference between Courts, High Court referred issue for Full Bench In the instant appeal, the assessee had challeneged legality of re-assessment proceedings on three counts. First, non furnishing of …
