No enquiry-investigation for IDS 2016 documents found during Search u/s 132 or Survey u/s 133A. Circular 32/2016

No enquiry-investigation for IDS 2016 documents found in Search u/s 132 or Survey action u/s 133A of the Income-tax Act 1961. Circular No. 32 of 2016 F.No.299/124/2016/IT-Inv.III Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (Investigation Division) Ground Floor, E-2, ARA Centre, Jhandewalan …

Arrest for non payment of service tax without show cause notice void. Powers u/s 91 without SCN u/s 73A of Finance Act void-Delhi High Court

Arrest for non payment of service tax without show cause notice quashed. Powers exercised u/s 91 without SCN u/s 73A of the Finance Act 1994 was contrary to the law and in violation of constitutional and fundamental rights under Article 21 of the Constitution-Delhi High Court ABCAUS Case Law: 1006 …

Rebate of State Levies on Garments Export-ROSL Scheme Implementation by CBEC

Rebate of State Levies on Garments Export-ROSL Scheme Implementation by CBEC Circular No. 43/2016 – Customs F.No.605/42/2016-DBK (Pt.II)Government of IndiaMinistry of Finance,Department of RevenueCentral Board of Excise and CustomsDrawback Division New Delhi, dated 31st August 2016 ToAll Pr. Chief Commissioners / Pr. Directors Generals of CBECAll Chief Commissioners …

Form 15G-15H filing due date extension for quarterly furnishing of declarations to Oct and Dec 2016

Form 15G-15H filing due date extension  F. No. DGIT(S)/CPC(TDS)/DCIT/15GH/2016-17 Government of India Ministry of Finance Central Board of Direct Taxes (CBDT) Directorate of lncome-tax (Systems) New Delhi.                                       Notification No. 10/2016                                        …

Simplification and liberalisation of FDI Policy 2016 in various sectors to provide ease of doing business in the country

Simplification and liberalisation of FDI Policy 2016 in various sectors Ministry of Commerce & Industry Press Release 31-08-2016 The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post-facto approval for the FDI policy amendments announced by the Government on 20th June, 2016. The FDI …

Initiatives taken to revive Indian Construction Sector by the Government under the Chairmanship of Prime Minister Shri Narendra Modi

Initiatives taken to revive Indian Construction Sector Press Release  31-August, 201 The Cabinet Committee on Economic Affairs under the Chairmanship of Prime Minister Shri Narendra Modi has approved today a series of initiatives to revive the Construction Sector. These initiatives include: (i)     PSUs/Departments may seek the consent of the …