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No disallowance us 40(a)(ia) as labour charges paid were salary when PF-ES deducted regularly. Salary us 17(1) includes wages and hence no TDS 194C

No disallowance us 40(a)(ia) as labour charges paid were salary when PF-ES deducted regularly. Salary us 17(1) includes wages and TDS 194C not required-ITAT ABCAUS Case Law Citation: 1047 (2016) (10) ITAT The Grievance: The Assessing Officer (AO) was aggrieved by the order of the CIT(A) in deleting …

Issuance of Rupee denominated bonds overseas by Indian banks-RBI

Issuance of Rupee denominated bonds overseas by Indian banks-RBI allows issue of Perpetual Debt Instruments PDI and Long term Rupee Denominated Bonds  Reserve Bank of India Issuance of Rupee denominated bonds overseas by Indian banks RBI/2016-17/107 A.P. (DIR Series) Circular No. 14 November 03, 2016 To All Category-I …

FAQs regarding Dividend Distribution Tax by ICAI. Presentation requirements as per Ind-AS in case of issue of debt as per the provisions of Ind AS-32

FAQs regarding Dividend Distribution Tax by ICAI. Presentation requirements as per Ind-AS in case of issue of debt as per the provisions of Ind AS-32 Frequently Asked Questions (FAQs) regarding Dividend Distribution Tax This FAQ on Dividend Distribution Tax has been issued by the Accounting Standards Board (ASB) …

FCRA registration closed due to non-submission-deficient documents or other statutory shortcoming within stipulated time before 30th June 2016

FCRA registration closed due to non-submission-deficient documents or other statutory shortcoming within stipulated time before 30th June 2016. F.11/21022/36(0207)/2015 -FCRA-11 Government of India Ministry of Home Affairs Foreigners Division (FCRA Wing) NDCC-II Building, Jai Singh Road, New Delhi-110001 Dated 02/11/2016 NOTICE Subject:- Renewal of FC registration certificate reg. …

Exclusive ATMs for Rs 100 denomination banknotes as pilot project. 10% of ATMs of country to be calibrated to dispense Rs 100 banknotes exclusively-RBI

Exclusive ATMs for Rs 100 denomination banknotes as pilot project. 10% of ATMs of country to be calibrated to dispense Rs 100 banknotes exclusively-RBI  Reserve Bank of India Exclusive ATMs for Rs 100 denomination banknotes  RBI/2016-17/106 DCM (CC) No.1170/03.41.01/2016-17 November 02, 2016 The Chairman & Managing Director / …

Maximising revenue collection top priority of CBDT chairman. Delivering quality tax payer services, promoting digital tax administration among 7 priorities

Maximising revenue collection top priority of CBDT chairman. Delivering quality tax payer services, promoting digital tax administration among top 7 priorities. Shri Sushil Chandra newly appointed CBDT chairman has listed out his various priorities for the coming months. In a letter addressed to all officers/officials of the Income …