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Archive: October, 2016

Posts in October, 2016

E-Book on Identification of Precursor Chemicals

October 21, 2016 1264 Views 0 comment Print

In this E-book, attempts have been made to explain as to how to Identify Precursor Chemicals. It is expected that it will help departmental officers in their day-to-day work.

Pune Commissionerate creates Pune GST Cell

October 21, 2016 4990 Views 0 comment Print

To remove apprehensions among the officers as well as Trade and industry in relation to the introduction of GST levy and to create positive atmosphere and approach and to inform the Trade for better understanding of GST, a GST cell has been formed in Central Excise, Pune-IV Commissionerate.

All about Filing of Appeal before CESTAT- PART II

October 21, 2016 8434 Views 0 comment Print

In this E-book, attempts have been made to explain about the Filing of Appeal before CESTAT. It is expected that it will help departmental officers in their day to day work.

Launch of Property Return and Intimation module

October 21, 2016 5791 Views 0 comment Print

The Property Return and Intimation (PRI) module and related functionalities is available in ITBA HRMS Application w.e.f. 21.10.2016.

GST Council – A Battle Has Just Begun

October 21, 2016 9934 Views 4 comments Print

GST Council is yet to decide on GST rate structure. Since, the last meeting which concluded on 19th October,2016 could not result a consensus amongst states on various reasons.

Client Creation Cost- Is it intangible asset entitled to depreciation @ 25%?

October 21, 2016 3286 Views 1 comment Print

Client acquisition cost paid by the appellant was towards acquiring an intangible asset and therefore eligible for depreciation under section 32(1)(ii) of the Act @ 25%.

S. 35(2AB): AO bound to grant deduction if R&D facility is approved by competent authority

October 21, 2016 8400 Views 0 comment Print

Provisions of section 35(2AB) of the Act, with relevant rules makes it mandatory for the assessee company to file its application for approval of its in house R&D before the Secretary, DSIR, Government of India.

A journey from failure to get an Exemption in ISCA..!!!

October 21, 2016 6646 Views 1 comment Print

It’s 26 Marks..!!! The result came out and it was the first attempt of CA Final Examination. I was so scared since the starting of final preparation as I had not that much time to do something special preparation for my least favourite subject ISCA. I genuinely wanted just 40 Marks to pass out the group. And I got 26.

All about Producer Company under Companies Act 2013

October 21, 2016 13885 Views 0 comment Print

Producer Company is a company registered under the Companies Act; 2013 and shall carry on any of the following activities: (i) Production, harvesting, procurement, grading, pooling, handling, marketing, selling, export of primary produce of members or import of goods or services for their benefit;

Assessee information Disclosure to Anti-Corruption Bureau, Kerala

October 21, 2016 1462 Views 0 comment Print

CBDT vide Notification No. 95/2016 notified Director, Vigilance and Anti-Corruption Bureau, Kerala U/s. 138(1)(a)(ii) to whom in Public Interest Disclosure of information respecting assessees can be made by Income Tax Department.

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