F.No. A-22011/5/2016-Ad-VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi-110 001. Date: 20.07 2016 Order No. 134 of 2016 The following postings / transfers in the grade of Principal Commissioner of Income Tax are, hereby, ordered with immediate effect and until further orders:- Corrigendum to […]
During receipt of Appeal/application in Central Registry, it has been noticed that the DD/PO, submitted towards registration fee, has only few days of validity left on the day of its submission. Keeping above in view, all concerned are requested to ensure that DD/PO submitted towards appeal/application fee must be valid at least for 60 days on the date of submission.
It is observed that benefit of Notification No. 24/2005 dated 01.03.2005 (Sr. No. 3) (as amended by Notification No. 132/2006-Customs dated 30.12.2006 (Serial No. 15)} is extendable to Micro/Mini SD cards classified under CTH 8523 51 00 of the first schedule of the Customs Tariff.
Master Direction on Currency Distribution & Exchange Scheme (CDES) based on performance in rendering customer service to the members of public RBI/DCM/2016-17/36 Master Direction DCM (CC) No.G-4/03.41.01/2016-17 Date: July 20, 2016 The Chairman and Managing Director / Chief Executive Officers, All Banks Madam / Dear Sir, Master Direction on Currency Distribution & Exchange Scheme (CDES) […]
In this update I have discussed various business models under which E-Commerce portals engaged in or facilitating buying or selling of goods or engaged in providing or facilitation of services work.
Indian federal structure and constitutional powers of states allow both, the Union and States to levy taxes on the subjects in terms of Constitution of India. While there are powers to levy taxes by the Union alone and also States alone, there is also a concurrent list whereby both, states and centre can levy tax simultaneously.