SEBI-Revision of limit for investment by FPIs in Government Securities for the January – March 2018 quarter, with effect from January 01, 2018 CIRCULAR IMD/FPIC/CIR/P/2017/129 December 20, 2017 To All Foreign Portfolio Investors through their designated Custodians of Securities The Depositories (NSDL and CDSL) Sir / Madam, Sub: …

Tax component of tax free salary is taxable as salary not income from other sources under section 195A which provides for grossing up-High Court Recently Hon’ble High Court has held that tax component on tax free salary paid by the employer is part of salary and not assesseble …

Application for Refund of ITC paid on Exports of Goods and Services without payment of Integrated Tax. GST FAQ and Taxpayers Guide to file application for the IGST paid on export of good. Application for Refund of ITC paid on Exports of Goods and Services without payment of …

Income Tax Return Statistics for AY 2015-16 released. The Report is generated from e-filed and verified ITRs & paper returns captured in system up to 30th September 2017 Press Information Bureau  Government of India Ministry of Finance 20-December-2017 12:27 IST Release of Income Tax Return Statistics for AY …

ICSI Secretarial Standard on Dividend effective from 01-01-2018. As per SS-dividend includes Interim Dividend but bonus shares are not Dividend. The Institute of Company Secretaries of India (ICSI) has recently released the Secretarial Standard (SS-3) on Dividend for its members. This Standard shall come into effect from 1st …

Income Tax Departmental Representatives not to  seek adjournments in cases listed before ITAT-CBDT Taking a serious note of the adverse view taken by the Hon’ble Delhi High Court, CBDT has asked all Pr CCITs to direct Department Representatives (DR) not seek adjournments in cases listed before ITAT without a substantial cause …