Agriculture income tax – Finance Minister denies any plan of the Government to impose such tax Ministry of Finance 26-April, 2017 FM : The Central Government has no plan to impose any tax on agriculture income Following is the text of the Union Finance Minister Shri Arun Jaitley’s …
Service Tax Return due date extended. Form ST-3 for period from 01-10-2016 to 31-03-2017 can be filed up to 30th April 2017. F.No.137/99/2011-Service Tax Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs Service Tax Wing *** New Delhi, dated the 25th …
FAQ on Revised Schedule VI to the Companies Act 1956 withdrawn by ICAI In view of issuance of Schedule III to the Companies Act, 2013 CL&CGC/ 20/ 2017-2018 25th April, 2017 Announcement Sub: Regarding withdrawal of Frequently Asked Questions on the Revised Schedule VI to the Companies Act, …
Letting out buildings/developed space with other amenities in Industrial Park SEZ to be treated as business income Circular N o. 16/2017 F.No. 279/Misc./140/2015/ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 25th April, 2017 SUBJECT: Lease rent from letting out …
Income Tax Rule 17CB Method of valuation of accreted income of the trust/institution for additional tax u/s 115TD(2) Chapter XII-EB of the Income tax Act, 1961 (‘the Act’) contains Special provisions relating to tax on accreted income of trusts or institutions registered under section 12AA of the Act. …
Interest on personal loan taken for business purpose allowed as business expenditure. The assessee could very well attribute the interest free funds for personal purpose. ABCAUS Case Law Citation: ABCAUS 1223 (2017) (04) ITAT The Grievance: The appellant assessee was aggrieved by the order passed by the Commissioner …