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Unpaid audit fee was not income u/s 41(1) even if confirmation letter not produced as no expenditure was claimed in the current year-ITAT ABCAUS Case Law Citation: ABCAUS 1084 (2016) (12) ITAT Brief Facts of the Case: The assessee was a Government Corporation. In the balance sheet of …
e-Payment System for Airport Parking Charges. Airports Authority of India instruction for evolving mechanism of e-payment transactions Ministry of Civil Aviation Dated: 15th December, 2016 Press Release Digital Payment System For Parking Charges At Airports Airports Authority of India (AAI) has issued directions to the respective Car Parking …
NITI Aayog-Lucky Grahak Yojana Digi-dhan Vyapar Yojana to promote and incentivize electronic payments. First draw on 25-12-2016 as Christmas gift NITI Aayog 15-December, 2016 NITI Aayog announces launch of the schemes – Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana-for incentivising digital payment Government of India has initiated numerous …
Export warehousing facility extended to Ahmedabad Gujarat. Places where warehouses may be established to store excisable goods for export Circular No. 1051/39/2016-CX F. NO. 209/10/2013-CX.6 GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS North Block, New Delhi Dated the 15th of …
Bank Lending and Loan Quality-Case of India. RBI Working Paper analyses how non-performing loans NPLs of Indian banks behave through the cycle Reserve Bank of India Dated: 14th Dec, 2016 Bank Lending and Loan Quality: The Case of India The Reserve Bank of India today placed on its …
Wanton breach of law-procedures evidence of corruption. Criteria on misconducts of officers with quasi-judicial functions-powers-CVC circular Central Vigilance Commission Satarkata Bhawan, G.P.O. Complex, Block-A, INA, New Delhi 110023 Dated: 24th Oct.2016 No. 007/VGL/054 Circular No. 12/2016 Subject: Criteria to be followed while examining the lapses of authorities exercising …
Report Card on GST Implementation-Govt lost no time in implementing the GST so far. Important decisions taken in the last six Meetings of GST Council Ministry of Finance Dated: 14th Dec, 2016 Press Release Report Card on GST Implementation; Government of India lost no time in implementing the …
Airport security checks not issues of prestige-Supreme Court quashes Rajasthan High Court order to grant exemption to HC Judges and direction to UOI to form National Security Policy ABCAUS Case Law Citation: ABCAUS 1083 (2016) (12) SC Brief Facts of the Case: A Division Bench of the Rajasthan …
ITBA e-Nivaran Income Tax Instruction No. 3 by Directorate of Systems. Enhancements and improvements made to e-Nivaran Module , Directorate of Income Tax (System) has issued e-Nivaran Instructions to all Income Tax Commissioners (PrCIT/CCsIT/DGIT etc.) on the enhancements and improvements made to e-Nivaran Module. The Instruction, among other things, provides …
Revised Income Tax Return post demonetisation to manipulation income, cash-in-hand, profits etc. to attract scrutiny penalty & prosecution-Finance Ministry Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 14 December, 2016 Press Release Filing of Revised Income Tax Returns by the …
