Till now new tax regime GST,roll out date is July 1st but in an interview with our former finance minister P Chidambaram, said that a rush to roll out the new tax regime from July 1 could be detrimental.
The term extension clause could be kind of automatic or could be at the option of borrower which indicates that if the rates at which the extension can be done is below market rate then borrower will surely go for extension.
Article discusses Eligibility and conditions for taking Input Tax Credit (ITC), Apportionment of credit and blocked credits, Negative list of goods and/or services on which ITC shall not be admissible, Availability of credit in special circumstances and about Taking Input Tax Credit in respect of inputs sent for JOB WORK.
Real Estate Investment Trust is like a mutual fund, where a special purpose vehicle collects investment amount from investor community and invests them in large scale, income producing real estate assets, such as warehouse, commercial properties, shopping malls, residential projects.
The draft of the notification to be issued under third proviso to section 10(38) is, in principle, a step in the right direction. We would like to suggest a few changes to the same in order to bring greater clarity and prevent unnecessary and unintended harassment to genuine investors.
The memorandum to Finance Bill, 2017, explained that the exemption on long-term capital gains tax, provided in section 10(38) of ITA was misutilised to declare unaccounted income . CBDT has issued a draft notification on 3 April , 2017 and provided that the amendment would not apply to any transactions except mentioned in the Notification. Analysis of the Notification and possible implications are discussed.
Kind reference is invited to CBEC Circular No.’s 13/2005-Customs, dated 11-3-2005 & Circular No. 44/2005-Cus., dated 24-11-2005 on the above subject.
The Department of Company Affairs was first constituted in 1950s. It remained either a Department or a part of Ministry of Law, Ministry of Finance or Ministry of Commerce till 2004. It became a Ministry in 2004 and acquired its present name in May 2007
I find it difficult to accept much of this. Indeed I would question the assertion that the concept of an acting-based talent hunt is unique, novel, distinct or that it was first adopted by Zee. That needs much more material, and I can find it nowhere in these papers.
Issue- Notification with reference to the Amendment to Rule 32 and Rule 81 of the Central Motor vehicles Rules with reference to increase of Fees vide Gazette Notification in G.S.R.1183(E) dated 29.12.2016 as invalid, illegal, ultravires and unconstitutional. Facts of the case-This batch of Writ Petitions has been filed by various Associations namely Chennai City […]
