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India-Mauritius Double Taxation Avoidance Agreement DTAA and related issues – Working Group to examine consequential issues arising out of amendment

India-Mauritius Double Taxation Avoidance Agreement DTAA and related issues – Working Group to examine consequential issues arising out of amendment

June 15, 2016 Income Tax
India-Mauritius DTAA and related issues Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 13th June, 2016. PRESS RELEASE Sub: India-Mauritius Double Taxation Avoidance Agreement and related issues – Working Group to examine consequential issues arising out of amendment – reg …
Draft Model GST Law 2016-Chartered accountant, cost accountant, company secretary provisions for audit, appearance as authorised representative etc.

Draft Model GST Law 2016-Chartered accountant, cost accountant, company secretary provisions for audit, appearance as authorised representative etc.

June 14, 2016 GST
Draft Model GST Law 2016 – chartered accountant, cost accountant, company secretary provisions for audit, appearance as authorised representative etc. Finance Minster has released Draft Model GST Law 2016. The various provisions of the Draft Law concerning CAs, CMAs, and CS are reproduced hereunder. 2. Definitions 2(23) “chartered accountant” means …
Income tax Survey outcome disclosure to complainant directed under RTI as soon as the assessment proceedings are concluded. CIC Order

Income tax Survey outcome disclosure to complainant directed under RTI as soon as the assessment proceedings are concluded. CIC Order

June 14, 2016 Central Information Commission, Income Tax, Judgments
Income tax Survey outcome disclosure to complainant directed under RTI Act  ABCAUS Case Law Details: 001 2016 (06) CIC Date of Decision/Judgment: June 2016  Brief Facts of the Case: The appellant has sought copy of survey report held in January 2014 on his complaint. According to the appellant he …
RBI-Scheme for Sustainable Structuring of Stressed Assets Guidelines for resolution of large borrowal accounts facing severe financial difficulties

RBI-Scheme for Sustainable Structuring of Stressed Assets Guidelines for resolution of large borrowal accounts facing severe financial difficulties

June 14, 2016 RBI
RBI-Scheme for Sustainable Structuring of Stressed Assets RBI/2015-16/422 DBR.No.BP.BC.103/21.04.132/2015-16 June 13, 2016 All Scheduled Commercial Banks (Excluding RRBs), All-India Term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Non-Banking Financial Companies Securitisation Companies/ Reconstruction Companies Scheme for Sustainable Structuring of Stressed Assets In order to strengthen the …
Penalty 271B-Statutory auditor not tax auditors delay. Delay in completing statutory audit by Cooperative auditor was sufficient cause not imposing penalty

Penalty 271B-Statutory auditor not tax auditors delay. Delay in completing statutory audit by Cooperative auditor was sufficient cause not imposing penalty

June 13, 2016 Income Tax, ITAT, Judgments
Penalty 271B-Statutory auditor not tax auditors delay. Delay in completing statutory audit by Cooperative auditor was sufficient cause not imposing penalty as the assessee filed the tax audit report immediately after getting /and obtaining the same from  Chartered accountant. This was held by ITAT in a recent judgment. …
Facilitators-Start-ups Guidelines-Patent Designs and Trade Marks for filing, processing applications under Startups Intellectual Property SIPP Scheme

Facilitators-Start-ups Guidelines-Patent Designs and Trade Marks for filing, processing applications under Startups Intellectual Property SIPP Scheme

June 13, 2016 Trade Mark
Facilitators-Start-ups Guidelines-Patent Designs and Trade Marks Government of India Office of The Controller General Patents, Designs & Trade Marks Boudhik Sampada Bhavan S.M. Rood, Antop Hill Mumbai-400037 (India) CG/F/Start-up/Guidelines/2016/79                                       …
Procedure-Import of gold-silver-platinum by Nominated Agencies under the scheme for Export Against Supply by Nominated Agencies-Custom Circular 27/2016

Procedure-Import of gold-silver-platinum by Nominated Agencies under the scheme for Export Against Supply by Nominated Agencies-Custom Circular 27/2016

June 13, 2016 Excise/Custom
Procedure-Import of gold-silver-platinum by Nominated Agencies  Circular No. 27/2016-Customs F. No 484/31/2016 – LC Govt. of India Ministry of Finance Dept. of Revenue Central Board of Excise & Customs ******** New Delhi, dated 10th June 2016 To, All Principal Chief Commissioners Customs, All Principal Chief Commissioners of Customs …