Permitted ALP variation in wholesale trading-others us 92C in international-specified domestic transaction for AY 2017-18 2018-19 MINISTRY OF FINANCE (Department of Revenue) Notification No. 50/2017 New Delhi, the 9th June, 2017 S.O. 1866(E).—In exercise of the powers conferred by the third proviso to sub-section (2) of section 92C …

Aadhaar Number must for filing Income Tax Return from 01-07-2017-CBDT clarifies that only partial relief  is given by Supreme Court for PAN invalidation. Ministry of Finance Press Release dated: 10th June, 2017 Following are the major highlights of the Hon’ble Supreme Court of India’s Judgement on Aadhar PAN …

No PAN invalidation for non linking with Aadhaar. Supreme Court stays provision for linking of PAN with Aadhaar No PAN invalidation for non linking with Aadhaar-Supreme Court. The The Hon’ble Supreme Court of India has pronounced its judgment on the matter on the linking of Aadhaar to Income …

Finance Minister to review performance of Public Sector Banks (PSBs) on 12th June 2017. Main Agenda is NPAs, MSE Credit, Stand-up India and Mudra Yojana among other things Ministry of Finance Press Release Dated: 9th June, 2017 The Union Finance Minister Shri Arun Jaitley to review the performance …

GST Council constitutes 18 GST Sectoral Groups for smooth roll-out Ministry of Finance Press Release Dated: 9th June, 2017 GST Council constitutes 18 Sectoral Groups for smooth roll-out of GST As decided in the 14th Meeting of the GST Council held on 18th-19th May, 2017 in Srinagar, J&K, …

TDS on Rent us 194IB-Quarterly return Form 26QC and TDS certificate Form No. 16C notified for individuals/huf not covered under tax audit and paying rent exceeding Rs. 50000/- p.m.  MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 48/2017 New Delhi, the 8th June, …