"02 August 2016" Archive

Notification No. 64/2016-Income Tax-Dated: 02.08.2016

Notification No. 64/2016-Income Tax 02/08/2016

.It is hereby notified for general information that the organization M/s Indian Institute of Science Education and Research, Pune (PAN:- AAAAI1546E) has been approved by the Central Government for the purpose of clause (II) of sub-section (1) of section 35 of the Income-tax Act. 1961 (said Act), read with Rules 5C and SE of the Income-tax...

CA IPC May 2016 Exams Pass Percentage & Toppers

The Institute of Chartered Accountants of India (ICAI) today announced the result for Chartered Accountants Intermediate (IPC) Examination held in May, 2016. The top three rank holders on all India basis of Chartered Accountants Intermediate (IPC) Examination held in May, 2016 are from Pune, Indore and Thane respectively and their details...

Posted Under: Income Tax |

Letter requesting for arbitration is sufficient compliance of Section 387(2) of Mun. Corp. Act, 1956

Mahendra Singh S/o Vs Municipal Corporation (Chhattisgarh High Court)

The petitioner is aggrieved by the order passed by the Additional District Judge, (FTC), Raigarh, dismissing his application under Section 387 of the C.G. Municipal Corporation Act, 1956 (in short “the Act”) on the ground that before moving an application under Section 387 of the Act, the petitioner has not served statutory notice und...

Notification No. 36/2016-Customs (ADD) dated: 02.08.2016

Notification No.36/2016-Customs (ADD) 02/08/2016

G.S.R.(E).-Whereas, the designated authority vide notification No. 15/11/2016-DGAD, dated the 8th July, 2016, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 8th July, 2016, has initiated review, in ...

Brief Note on Indirect Tax Dispute Resolution Scheme, 2016

Declaration made shall be acknowledged by the Designated Authority e. Assistant Commissioner specified by the jurisdictional Commissioner and the declarant shall be asked to pay the amounts due from him i.e. duty demanded...

Posted Under: Income Tax |

Dress Code for appearance at NCLT

Notification No. 25/2/2016-NCLT 02/08/2016

For President and Members: The dress of the President and Members shall be white or striped or black trouser with black coat over white shirt and hand or buttoned- up black coat and band. In the case of a female President or a Member. the dress shall be black coat over a white saree....

Suggest Situation justifying waiver of Section 234E fee : CBDT

F. No. 275/27/2013-IT (B) 02/08/2016

The Board is examining the desirability and expediency of prescribing situation/circumstances under which levy of fee under Section 234E may cause genuine hardship to the taxpayers, so as to prescribe guidelines for waiver of such fees by virtue of the powers of the Board under Section 119(2)(a) of the Income-tax Act, 1961....

CBI Court Sentences ACIT & DCIT To 5 Years imprisonment

FIVE YEARS RIGOROUS IMPRISONMENT WITH FINE OF RS.7.50 LAKH EACH TO THEN ADDITIONAL COMMISSIONER AND DEPUTY COMMISSIONER OF INCOME TAX FOR CAUSING LOSS OF RS.4.16 CRORE (APPROX) TO ...

Posted Under: Income Tax |

Standard Operating procedures to Administer Tax Payer Services

Instruction No. F.No.DIT(TPS-I)/01/2016-17/508 02/08/2016

The Income-tax Department is committed to promote voluntary compliance with the direct tax laws through quality tax payer service. The Department is consistently striving for providing efficient services and assisting the tax payers to discharge their tax obligations. It aspires for continual improvement in its service delivery mechanism...

GST in India – The Critical Interpretation

आप सभी को एवं आपकी सम्मानीय एवं अग्रणी संस्था “भारतीय उध्योग एवं व्यापार मंडल” को इस वर्ष के व्यापारी दिवस की हार्दिक बधाई एवं श...

Posted Under: Income Tax |

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