EPFO is pleased to introduce a new facility for its esteemed members having Universal Account Number (UAN) and other relevant details to link their respective UAN with Aadhaar online. This, in turn, would facilitate the members, a better and speedy EPFO services.
TDS requirement under section 194C is not applicable to transactions of purchase of goods, therefore, no disallowance under section 40(a)(ia) could be made.
Merely for the reason that the assessee had admitted additional income in the course of search for taxation, it cannot be said that such admitted income was undisclosed income within the meaning of ‘undisclosed income’ provided in Explanation to section 271AAA of the Act to impose the penalty.
1. Short title and commencement.— (1) These rules may be called the Companies (Registered Valuers and Valuation) Rules, 2017. (2) They shall come into force on the date of their publication in the Official Gazette.
Amendment in Para 2.17 of the foreign trade policy 2015-2020 on imports and exports to Democratic People`s Republic of Korea (DPRK) in terms of UNSC resolutions concerning DPRK
Henceforth no Nominated Agency Certificate shall be issued/ renewed for Four Star Export House and Five Star Export House status holders. Import of gold by Four Star and Five Star Houses with existing Nominated Agency Certificate is subjected to Actual user condition and are permitted to import gold as input only for the purpose of manufacture and export by themselves during the remaining validity period of the Nominated Agency certificate.
Amendments are made in Chapter-4 of Hand Book of Procedures 2015-2020, related to clubbing of Advance Authorisations, extension of Export Obligation period and regularisation of bonafide default in the cases where an Authorisation was issued for import of drugs from unregistered sources with pre import condition.
Public Notice No. 31/2015-2020 Power of Regional Authorities of DGFT to issue/renew Nominated Agency Certificates has been removed.
Import of Flat-rolled products of stainless steel covered under ITC(HS) Codes: 7219 or 7220 under Advance Authorisation is subjected to pre-import condition with 6 months Export Obligation Period from the date of clearance of each import consignment by Customs Authority.
This is an appeal filed by the revenue against the order of learned Commissioner (A)-9, Kolkata dated 24-11-2015 for assessment year 2006-07.
