"16 June 2017" Archive

Revised list of Documents for VAT Registration in Maharashtra

Trade Circular No. 20T of 2017 (16/06/2017)

Maharashtra Sales Tax Department has started utility to upload documents along with online application for registration under various acts, from 07/05/2015....

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Life Skills-My Date with Stress (the entrepreneurial spirit way)

Hope my this blog finds you in the pink of health and high spirit. Given the rapid rate of change in our world, the ability to adjust and adapt is critical to success. We learn to quickly analyze what is going on around us and make adjustments on the fly—all the while keeping our goals at the forefront of the mind. ...

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NCLT Approval: Conversion of Public Company Into Private Company

In this article, the author describes the Section of the Companies Act, 2013 and respective rules thereof for conversion of the public company into a private company under which the Company already being registered can be converted subject to the provisions of this act and procedure to be followed. I have prepared a checklist for the proc...

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Donation to uplift living condition of manual scavengers form part of Corpus despite no specific instruction

Pr. Commissioner of Income Tax Vs Gujarat Rural Industries Marketing Corporation (Gujarat High Court)

The issue is one, namely, whether the assessee was entitled to claim benefit of section 11(1)(d) of the Income Tax Act,1961 with respect to Government grant of Rs. 8.97 crores received during the assessment year in question. ...

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Vessel sharing agreements on liner shipping outside CCI purview for 1 Year

Notification No. S.O. 1933(E) (16/06/2017)

Central Government, in public interest, hereby exempts the Vessels Sharing Agreements of Liner Shipping Industry from the provisions of section 3 of the said Act, for a period of one year with effect from the 20th June, 2017...

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CBDT revises format of Form No. 3CED- Application for Advance Pricing Agreement

Notification No. 53/2017-Income Tax [S.O. 1927(E)] (16/06/2017)

S.O. 1927(E). In exercise of the powers conferred by section 295 read with sub-section (9) of section 92CC of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely...

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Action Plan to Reduce Government Litigation

Action Plan to Reduce Government Litigation+ Department of Justice June 13, 2017 Introduction Pendency in Supreme Court – 60,750 cases . In High Courts – 40 lakhs cases in 2016.  In District and Subordinate Courts 2.74 crores cases in 2016 Government regarded to be the biggest contributor to litigation in India Approximately ...

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Provisional ID will be your GST Identification Number (GSTIN)

Existing Taxpayers of VAT, Service Tax, Central Excise DO NOT WORRY If you have not enrolled for GST yet, or If you have activated your account under enrollment but not submitted the application ENROLLMENT WINDOW WILL REOPEN ON 25th JUNE 2017 AND CONTINUE FOR 3 MONTHS AS PER RULE. Also note that your provisional ID […]...

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Extension of ad-hoc appointments in the grade of JCIT

Order No. 105 of 2017-Income Tax (16/06/2017)

The President is pleased to extend the ad-hoc appointments of the following IRS officers to the grade of Joint Commissioner of Income Tax from 01.04.2017 to 31.03.2018...

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Anti-dumping duty on Clear Float Glass of nominal thickness

Notification No. 30/2017-Customs (ADD) [G.S.R. 597 (E)] (16/06/2017)

(a) Seeks to impose anti-dumping duty on Clear Float Glass of nominal thickness ranging from 4mm to 12 mm (both inclusive produced and exported by M/s Tariq Glass Industries Ltd, Pakistan, originating in or exported from the Pakistan. (b) Seeks to rescind the Notification No. 53/2015-Customs (ADD), dated the 30th October, 2015....

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