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Archive: 20 December 2016

Posts in 20 December 2016

Postmortem of Union Budget 2024: A Comprehensive Webinar

July 18, 2024 5874 Views 3 comments Print

Join our webinar on July 24-25 for an in-depth analysis of Union Budget 2024. Learn about tax proposals, sector impacts, and investment insights. Register now!

Live Course on 360 degree Analysis of Input Tax Credit from a Litigation Perspective

July 18, 2024 4713 Views 0 comment Print

Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC complexities. Register now!

Details of detection / recovery in Excise and Service Tax evasion cases

December 20, 2016 1645 Views 0 comment Print

The total number of detection and recovery made in respect of Central Excise and Service Tax evasion cases during 2013-14 to 2016-17 (upto October, 2016) is given in the ANNEXURE.

Exemption of Customs Duty On Life Saving Drugs

December 20, 2016 2032 Views 0 comment Print

Department of Revenue had withdrawn custom duty exemption in case of 76 drugs where sufficient indigenous capacity was available and bulk of the requirement was being met from indigenous sources.

No estimation of black money either before or after demonetisation

December 20, 2016 1453 Views 0 comment Print

There is no official estimation of the amount of black money either before or after the Government’s decision of 8th November 2016 declaring that bank notes of denominations of the existing series of the value of five hundred rupees and one thousand rupees shall cease to be legal tender with effect from 9th November 2016.

Guidelines related to working hour of Women Employees

December 20, 2016 4435 Views 0 comment Print

Under the Model Shops and Establishments (Regulation of Employment and Conditions of Service) Bill, 2016, no woman shall be required or allowed to work in a shop or establishment except between the hours of 6 a.m. to 9 p.m.

CBDT have well-established mechanism to deal with Audit Objections

December 20, 2016 1114 Views 0 comment Print

The office of the Comptroller & Auditor General (C & AG) conducts compliance as well as performance audit relating to specific area of work of the Department. Such an audit on the ssue relating to “Allowance of deduction to the assessees engaged in Infrastructure Development” was conducted by the C & AG in the year 2015 and the report was tabled in Parliament on 22/11/2016

PMGKY not provide immunity from FEMA, PMLA, Narcotics Act

December 20, 2016 2296 Views 0 comment Print

Pradhan Mantri Garib Kalyan Yojana, 2016 provide no immunity from FEMA, PMLA, Narcotics and cover deposits made from November 10, 2016

Input Tax Credit Under Revised Model GST Law 2016

December 20, 2016 10192 Views 0 comment Print

In present indirect taxation system, cascading of tax is significant due to non-availability of ITC at various stages. Following are certain instances of such cascading of taxes

National Company Law Tribunal (Amendment) Rules, 2016

December 20, 2016 6295 Views 0 comment Print

These rules may be called the National Company Law Tribunal (Amendment) Rules, 2016. They shall come into force on date of their publication in Official Gazette.

Here’s a Quick way to manage your Personal Finance Documents

December 20, 2016 2971 Views 0 comment Print

We all come across situations wherein our personal finances go beyond control. Despite trying hard to maintain it every month, we fail.

Job Work Under Revised GST Law

December 20, 2016 7030 Views 0 comment Print

Earlier GST law provided that Commissioner may be special order and subject to conditions, permit a registered taxable person to send taxable goods without payment of tax to a job worker for job work.

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