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Archive: 07 March 2017

Posts in 07 March 2017

Webinar on Critical Issues in Faceless Assessments under Income Tax Act, 1961

February 14, 2025 2571 Views 0 comment Print

Join our webinar on Faceless Tax Assessments under the Income Tax Act, 1961. Learn concepts, challenges, and solutions from expert CA Hari Agarwal, FCA.

Harmonising MEIS Schedule / Table with MEIS Rate Product wise

March 7, 2017 8472 Views 0 comment Print

This is a consolidated list of all items under MEIS notified so far (Public Notice No.2 dated April 1, 2015 and subsequent expansion through PN.27 dated July 14, PN. 28 dated July 16, PN.44 dated 29 October of 2015 and PN.6 dated May 4, PN.26 dated August 26 , PN.32 dated September 22 of 2016 and PN.49 dated 30.12.2016) and is based on sequence of ITC(HS),

FM releases Revised General Financial Rules (GFR) 2017

March 7, 2017 17934 Views 0 comment Print

The Finance Minister Shri Arun Jaitley calls upon the Financial Advisers of different Ministries to ensure that expenditure on schemes and projects start from the beginning of the financial year to leverage the early passing of the Finance Bill this year;

ICAI invites suggestions on Mid Term Review of FTP 2015-20 / SEIS

March 7, 2017 870 Views 0 comment Print

Ministry of Corporate Affairs seeking ICAI’s suggestions for the Mid-Term Review of the Foreign Trade Policy 2015-20 in order to account for the changes in the circumstances over period and as a measure of mid-term course correction.

CBDT signs 141st Bilateral Advance Pricing Agreement (APA)

March 7, 2017 801 Views 0 comment Print

Central Board of Direct Taxes (CBDT) signs another Bilateral Advance Pricing Agreement (APA) with subsidiary of a Japanese Company taking the total APAs entered into by the CBDT to 141

Turning Padma Awards into People’s Awards

March 7, 2017 1395 Views 0 comment Print

The Padma Awardees List for 2017 has come as a whiff of fresh air. The unsung heroes have captured the imagination of the people. They include a) Meenakshi Amma (76), India’s oldest women exponent of Kalaripayttu b) Girish Bharadwaj (66)

Beekeeping: Vital Input for Sustainable Agriculture

March 7, 2017 3777 Views 2 comments Print

Beekeeping is an agro-based activity which is being undertaken by farmers/landless labours in rural area as an integrated farming practice. Beekeeping supplements income & employment generation and nutritional intake of rural population.

Are you serious, Mr. Prime Minister?

March 7, 2017 5877 Views 19 comments Print

When I heard you during your election campaign for the parliamentary elections in 2014, I just dismissed it as another rhetoric by an aspiring politician…. I am referring to your vow of eliminating black money, the so-called parallel economy running in the country… rather, running the country.

Indian women continue to be viewed as supplementary bread earners in families

March 7, 2017 1935 Views 0 comment Print

A survey, conducted by Apollo Munich Health Insurance in collaboration with Nielsen India Pvt. Ltd. in 19 cities found that despite a rise in health insurance claims filed by women, few women are coming forward to buy health insurance.

Use of facility does not amount to technical services

March 7, 2017 1968 Views 0 comment Print

Freight income from operation of ships in international waters is not chargeable to tax under Indo-Danish DTAA; Use of facility does not amount to technical services, as technical services denote services catering to the special needs of the person using them and not a facility provided to all.

ITAT vacates stay on demand on flouting of terms of stay of demand

March 7, 2017 864 Views 0 comment Print

This appeal, filed by the assessee, being ITA No. 971/Mum/2016 for assessment year 2011-12 has come up for hearing today i.e. 23-02.2017 whereby ld. Counsel Shri Hiten Chande,CA on behalf of the assessee and Mrs. Malathi Sridharan, CIT DR on behalf of the Revenue were present. The Assessing officer was also present during the course of hearing.

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