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Abcaus

Premature Closure of PPF account-clarifications on payment of a fee & interest rate reduction

administrator August 1, 2017 PPF
Premature Closure of PPF account-clarifications. Requirement of condition of payment of a fee and reduction of one percentage point in interest rate  SB Order No. 07/2017 F.No 32-01/2016-SB(Pt.) Govt. of India Ministry of Communication Department of Posts (F.S. Division)  Dak Bhawan, New Delhi-110001 Dated: 24.07.2017 To, All Head …

Extension of due date of 31st July for filing ITR for AY 2017-18. Date Extended to 5th August 2017

administrator July 31, 2017 Income Tax
Extension of due date of 31st July for filing ITR for AY 2017-18 to 5th August, 2017 CBDT Order u/s 119  The CBDT has extended the due date of 31st July, 2017 to 5th August, 2017 The extension was first declared through Income Tax Department Twitter handle and …
due date extension

ITR-Tax Audit Due Date Extension for Last 20 Years from AY 2003-04 to AY 2025-26

administrator July 31, 2017 Due Date Extension, Income Tax
ITR-Tax Audit Due Date Extension for Last 20 Years from AY 2003-04 to AY 2025-26 ITR / Tax Audit Due Date Extension CBDT orders for Last 20 Years from AY 2003-04 to AY 2025-26. Due Dates of Filing Income Tax Returns and Tax Audit Report: Under section 44AB …

RBI imposes penalty of Rs 20 million on UBI for flouting KYC norms for certain accounts related to fraud

administrator July 31, 2017 RBI
RBI imposes monetary penalty of Rs 20 million on Union Bank of India for non-compliance with KYC norms for certain accounts related to fraud in a bank Reserve Bank of India Date : Jul 31, 2017 Reserve Bank of India imposes monetary penalty on Union Bank of India The …

Revised guidelines for stay of demand at first appeal stage. Minimum deposit increased to 20%

administrator July 31, 2017 Income Tax
Revised guidelines for stay of demand at first appeal stage. Minimum deposit amount for grant of stay increased to 20% of the disputed amount from existing 15% F. No. 404/72/93-ITCC (FTS:284146) Government of India Ministry of Finance Department  of Revenue Central Board ofDirect Taxes New Delhi,  31st July, …

Filing Income Tax return without linking Aadhaar to PAN allowed but linking to be done before 31st August, 2017

administrator July 31, 2017 Income Tax
Filing Income tax return without linking Aadhaar to PAN allowed but linking to be done before 31st August, 2017. However, ITRs shall not be processed until linkage.  Filing Income tax return without linking Aadhaar to PAN Allowed With the extension of the due date of 31st July 2017 …

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