This handbook will provide adequate insight of preparation and presentation of cases before adjudicating authorities and tribunals and procedures followed before them that would be helpful in understanding the nuances and methodologies to be adopted for representation before them.
EPFO is in the process of launching next version of ECR in the month of December, 2016. The revised ECR is a part of the Unified Portal which has Online Registration of Establishments (OLRE) and Universal Account Number (UAN) as its other two components.
Procedure for the purposes of furnishing and verification of Form 27BA for removing of default of Short Collection and/or Non Collection of Tax at Source
In notification No. 97/2016 related to Adjudicating Authority & Appellate Tribunal under Benami Property Act, word established under should be read as referred to in
i. Explanation to Section 3(a)(ii)d pertaining to ‘definition of beneficial owner in case of trust’ which reads as – Explanation: Term ‘body of individuals’ includes societies has been deleted.
i. It has been decided to allow One Time Pin (OTP) based e-KYC subject to certain restrictions. ii. All Scheduled Commercial Banks (SCBs) are required to invariably upload the KYC data pertaining to all new individual accounts opened on or after January 1, 2017, with Central KYC Records Registry.
To accelerate digital transactions through use of credit/debit cards and mobile phone applications/e-wallets etc, Central Govt has decided on a package of incentives and measures for promotion of digital and cashless economy in country.
Income Tax Sleuths Unearth Innovative Methods of Laundering and Transportation of Cash at Mumbai, Nagpur and Ahmedabad. Income tax investigations at Mumbai led to the revelation of a syndicate of ground level operators active in converting banned currency notes into legal tenders for a commis
Government waives service tax charged while making payments through credit card, debit card, charge card or any other payment card; waiver limited to payments up to Rs. 2,000 in a single transaction
Complete data as well as the AO/Range/CIT-wise summary of pendency of Time Barring scrutiny assessments as on 05/12/2016 and regionwise summary is attached.
