There’s no secret that India is in the middle of an astonishing long-term growth phase. A key feature of this development is the steep increase in the middle class. The middle-income group in India is projected to climb up to 200 million by the year 2020, and then further escalate to 475 million by the […]
1. The impugned additions and disallowance made in the order dated 29-12-2011 under section 143(3) of the Act, bad in law and on facts of the case, for want of jurisdiction and various other reasons and hence the same kindly be deleted.
Basis of Charge, Residential Status, Income which do not form part of total income, heads of income, income of other person included in assessee’s total income, aggregation of income, set-off and carry forward of losses, deductions from gross total income, rebates and reliefs.
Banks must ask their customers to mandatorily register for SMS alerts and, wherever available, register for e-mail alerts, for electronic banking transactions. The SMS alerts shall mandatorily be sent to the customers, while email alerts may be sent, wherever registered.
Notification No. 115/2017-Customs (N.T.) In exercise of the powers conferred by clause (34) of section 2 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 40/2012-Customs (N.T.). dated the 2nd May, 2012
The information required to be furnished under subsection (1) of section 108A of the Customs Act, 1962, shall be furnished electronically by a person mentioned in column (2) of the Table below in respect of the all transactions of the nature specified in the corresponding entry in column (3) of the Table, recorded or received by him to the receiving authority mentioned in column (4) of the said Table.
In exercise of the powers conferred by sections 196 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Insolvency and Bankruptcy Board of India (IBBI) notified the IBBI (Information Utilities) Regulations, 2017 which seek to provide a framework for registration and regulation of information utilities.
Government Panel invites suggestions/comments from stakeholders about the provisions of the Insolvency and Bankruptcy Code and the Rules and Regulations notified there under
Seeks to further amend notification No. 50/2017-Customs so as to prescribe effective rate of BCD on All goods other than Digital video Recorder (DVR/ Network Video Recorder (NVR), All goods other than CCTV Camera/IP camera, All goods other than LED lamps
Notification No. 91/2017–Customs Seeks to increase import tariff rate on specified electronic goods under First Schedule to the Customs Tariff Act by invoking section 8A (1) of the Customs Tariff Act
