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PAN compulsory for old bank notes deposit exceeding Rs 50000. For cash deposits copy of PAN card must if bank account is not seeded with PAN-RBI Reserve Bank of India Withdrawal of Legal Tender Character of Specified Bank Notes – Compliance with provisions of 114B of the Income …
New Aadhaar Toll-Free Helpline No 1947 Launched.Helpline 1947 available 24×7 throughout year 7 am-11 pm (Monday to Saturday) 8 am to 5 pm on Sunday. Ministry of Communications & Information Technology Press Release 16-November, 2016 Revamped Aadhaar Toll-Free Helpline No. 1947 Launched 1947 to bring convenience to Aadhaar …
Unregistered partnership firms can be referred to arbitration, there is no contrary statutory provision. Mere non filing of deed not make arbitration application liable to dismiss–Supreme Court ABCAUS Case Law Citation: 1055 (2016) (11) SC Important Case under consideration: Atul Singh & Othes Vs. Sunil Kumar Singh & Others 2008 (2) SCC 602 Bharat Sewa Sansthan Vs. U.P.Electronics Corporation Ltd. …
Revised Rules for reporting cash deposit transaction by banks. Amendment to Rules 114B and 114E. More than Rs. 250000 deposited between 9th Nov, 2016 to 30th Dec, 2016 now reportable-CBDT CBDT has further amended Rules 114B, 114C, 114D and 114E by Notification No. 02/2017 dated 06-01-2017 providing for …
Deferred payment of customs duty by eligible importer. Importer intending to use benefit shall indicate deferred payment in Bill of Entry filed Circular No. 52/2016-Cus F. No.450/81/2016-Cus IV Government of India Ministry of Finance Department of Revenue (Central Board of Excise and Customs) ****** New Delhi, dated the …
SOP-Putting indelible ink for old bank not exchange. Ink to be put on right index finger to identify that old currency notes exchanged only once-RBI Reserve Bank of India Standard Operating Procedure (SOP) for putting indelible ink on the finger of the customers coming to a bank branch …
Withdrawal of old bank notes-Cooperative Banks to Strictly Comply with RBI Instructions for withdrawal of legal tender of 500 and 1000 bank notes Reserve Bank of India Date : Nov 15, 2016 Withdrawal of Legal Tender Character of Specified Bank Notes: RBI asks Cooperative Banks to ensure Strict …
Revised IDS-2016 declaration lower income than original due to typographical-bonafide error. PrCIT/CIT to process declaration. Instruction No.12 of 2016 F.No.370142/8/2016-TPL (Part) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) *** New Delhi, the 11th November, 2016 To, All Principal Chief …
Group Assessment and Peer Review System Before Assessment-Reconstitution of Committee to study the feasibility of recommendations-CBDT F. No. 225/246/2014-ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi dated 15th November, 2016 OFFICE MEMORANDUM Subject: Reconstitution of Committee to study the …
Indelible ink marks on exchange old bank notes As per media news, the Government in its latest directives has asked banks to use indelible ink while exchanging withdrawn/banned Rs. 500 and 1,000 notes to stop conversion of the black money. Also this is considered a move to discourage …