Author: administrator
PMGKD Scheme 2016-Deposits on one or more occasions allowed to be made by declarants u/s Section 199F(1). Amendment in PMGKD Scheme 2016. Amendment in Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016; Government decides to allow declarants to make deposits on one or more occasions in the PMGKDS, …
BIFR Sick Companies Reliefs Claims wrongly allowed. CBDT asks Officials to immediately examine assessment record and take appropriate remedial action. Most Urgent Government of India Directorate Of Income-Tax (Recovery) 6th Floor, Mayur Bhawan, Connaught Circus, New Delhi- 110001 Ph. No. 011-23411993, Fax No. 011-23413218 Email: dit.recovery.delhi@incometaxindia.gov.in F. …
CBDT signs four more unilateral APAs Central Board of Direct Taxes (CBDT) signs four more unilateral Advance Pricing Agreements (APAs) The Central Board of Direct Taxes (CBDT),Department of Revenue, Ministry of Finance has entered into four more unilateral Advance Pricing Agreements (APAs) yesterday. The four APAs signed pertain …
Penalty 271J on CAs. Those afraid of the sword of Damocles should not aspire to be Dionysius. What impression are we offering in opposing – CA Ashutosh Lohani Budget 2017-18 proposes a penalty upon professionals for furnishing incorrect information in statutory report or certificate. The text of the …
Fake-duplicate LPG accounts identified under PAHAL amounting 3.56 Cr ore. 1.05 Cr LPG consumers have voluntarily Given Up their LPG subsidy Ministry of Petroleum & Natural Gas Press Release Dated: 6th feb, 2016 3.56 Cr fake/duplicate accounts identified for 2015-16 under PAHAL 1.05 Cr LPG consumers have voluntarily …
Jurisdictional issue not general ground requiring no adjudication. Whenever jurisdiction of an authority to pass the order is questioned then the foundational fact questioned is to be first decided-ITAT ABCAUS Case Law Citation: ABCAUS 1118 (2017) (02) ITAT Assessment Year : 2009-10 Date/Month of Judgment/Order: February, 2017 Brief …
NBFCs registration certificate cancelled by RBI. As per order nine Non-Banking Financial Companies cannot transact the business as per RBI Act Reserve Bank of India Press Release Date : Feb 06, 2017 The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following non-banking …
India Austria Sign Protocol amending DTAC. Amendment to existing Convention for Avoidance of Double Taxation and Prevention of Fiscal Evasion Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 6th February, 2017 Press Release India and Austria Sign a Protocol amending …
50 lacs UAN allotted to Construction Workers. The Building and Other Construction Workers Welfare Cess Act 1996 provides levy and collection of cess Ministry of Labour & Employment Press Release 50 lacs Universal Account Number (UAN) allotted to Construction Workers The Building and Other Construction Workers’ Welfare Cess …
TDS Rate Chart for FY 2017-18 AY 2018-19 Updated as per Union Budget Proposals 2017-18 presented in Parliament on 1st February, 2017 Section Nature of Payment Rate-HUF/Ind % Rate-Others % 192 Salaries Average rate – 192A Payment of accumulated balance due to an employee >30000/- > 50000/- (wef …