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IDS-2016 declarations without PAN-CBDT has asked officials to contact declarants to obtain PAN and issue Form-2 latest by 25-11-2016 The relevant text of the DO is as under: Dear Pr. Commissioners of Income-tax, It has come to my notice that some declarations under IDS, 2016 received manually without PAN are …
Exchange of old bank notes upto Rs 2000 only once. RBI has clarified in its updated FAQ that over the counter exchange can be done only once The question and answer No. 14 deals with this issue as under: 14. Can I exchange ₹ 2000 more than once? …
PF member name correction-spelling mistakes correction upto two letters and change of surname of female employees due to marriage delegated to APFC Accounts Employees’ Provident Fund Organisation (Ministry of Labour & Employment, Govt. of lndia) For Web Circulation Only No. WSU/10(1)2013 /Changes in MAP/21475 Dated 16th November, 2016 …
PAN requirement to open FPIs accounts-Intermediaries can verify PAN online, FPIs to provide copy of PAN card within 60 days – SEBI CIRCULAR CIR/IMD/FPIC/123/2016 November 17, 2016 To, 1. All Foreign Portfolio Investors (“FPIs”) through their Designated Depository Participants (“DDPs”)/ Custodian of Securities. 2. The Depositories (NSDL and …
Penalties shall followed by prosecutions-CBDT Chairman. Action shall be taken even before filing return for huge cash deposits with unmatched past profile of the assessees. CBDT Chairman Shri Sushil Chandra in his latest TV interview has hinted the impending actions that are being planned by the CBDT after 30th …
Transactions for which Quoting PAN Mandatory. The list under Rule 114B as on date requiring PAN quoting including banking transactions. Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 17th November, 2016 PRESS RELEASE Sub : Transactions in Relation to which …
Adopted child cannot divest person of estate vested before his adoption by virtue of proviso to Section 12 of the Adoption Act-Supreme Court ABCAUS Case Law Citation: 1056 (2016) (11) SC Brief Facts of the Case: The grandfather of the plaintiff-Respondent was the last holder of the suit …
New Rule 12E-ITO authorsied to issue notice u/s 143(2) for scrutiny. Move to create enough manpower to scrutinise income tax returns post 30-12-2016 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 105 /2016 New Delhi, the 16th November, 2016 G.S.R. 1073(E).—In exercise of the powers …
First ever Bilateral APA involving India and USA-USA Bilateral Competent Authority MAP/APA Meeting-Resolution of more than 100 cases under MAP. Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 17th November, 2016. PRESS RELEASE Sub: India–USA Bilateral Competent Authority MAP/APA Meeting …
For marriages old bank note withdrawal limit Rs 250000 after giving proof. Cash limit of Rs. 2,50,000/- will apply separately to girl’s and boys family The Government in a press conference has announced further measures to provide relief to general people in view of problems of cash crunch …
