Follow Us :

Archive: 05 April 2018

Posts in 05 April 2018

Free Live Webinar: Dematerialization of Securities and Recent Amendments

July 2, 2024 2076 Views 0 comment Print

Join our free webinar on July 4th at 4:00 PM to gain insights into the dematerialization of securities and recent amendments. Register now for key updates.

Free Webinar: Analysis of 10 Recent Income Tax Judgments in Favour of Assessee

July 1, 2024 4038 Views 0 comment Print

Join our free webinar on July 7 at 5 PM for insights into 10 recent High Court income tax judgments favoring assessees. Expert analysis by CA Dipak Dama.

Pass speaking order on re-assessment, within fifteen days: CBIC

April 5, 2018 14163 Views 1 comment Print

Proper officer shall pass a speaking order on the re-assessment, within fifteen days from the date of re-assessment of the bill of entry or the shipping bill, as the case may be.’

CBEC clarifies on Job work Procedures & Compliances

April 5, 2018 5400 Views 1 comment Print

Central Board of Excise Indirect Taxes and Customs vide Circular No. 38/2018 dated March 26, 2018 has clarified various provisions of job work w.r.t. issuance of challan, requirement of registration, liability to issue invoice, availability of Input Tax Credit and other compliances for both principal and job worker.

RBI defers implementation of Ind AS for banks by one year

April 5, 2018 1089 Views 0 comment Print

Scheduled Commercial Banks (SCBs), excluding Regional Rural Banks (RRBs), were required to implement Indian Accounting Standards (Ind AS) from April 1, 2018 vide our Circular dated February 11, 2016.

Two flats in different locations cannot be considered as single residential house for section 54 / 54F

April 5, 2018 7851 Views 0 comment Print

The learned Commissioner of Income Tax(Appeals) erred in allowing the assessees appeal relying on the decision of the Honble High Court of Karnataka in the case of Smt. K.G. Ruminiamma (2011 )331 ITR 211 when the facts of the case are distinguishable from the assessee’s case. In the case of Smt. K.G Ruminiamma

ICAI not released GST Audit report circulating on social media

April 5, 2018 11925 Views 2 comments Print

This is to inform that ICAI is drafting a format for GST audit (Form 9C) for submission to the Government for their consideration. The same is proposed to be submitted by April, 2018 and what is moving on what’s up or Social Media is not the proposed one.

Standard deduction available on pension from former employer: CBDT

April 5, 2018 19464 Views 6 comments Print

The Central Board of Direct Taxes (CBDT) has clarified that the pension received by a taxpayer from his former employer is taxable under the head Salaries. The Finance Act, 2018 has amended Section 16 of the Income–tax Act, 1961

Process to be followed for registration as Registered Valuer with IBBI

April 5, 2018 3234 Views 0 comment Print

With an objective to familiarize the eligible and desirous individuals and entities with the process of registration as a valuer with the Insolvency and Bankruptcy Board (IBBI) , the IBBI today released the process required.

Monitoring of Foreign Investment limits in listed Indian companies

April 5, 2018 4314 Views 0 comment Print

As per FEMA, the onus of compliance with the various foreign investment limits rests on the Indian company. In order to facilitate the listed Indian companies to ensure compliance with the various foreign investment limits, SEBI in consultation with RBI has decided to put in place a new system for monitoring the foreign investment limits. The architecture of the new system has been explained in Annexure A.

Ind AS Transition Facilitation Group (ITFG) Clarification Bulletin 15

April 5, 2018 5550 Views 0 comment Print

Ind AS Transition Facilitation Group (ITFG) Clarification Bulletin 15 „Ind AS Transition Facilitation Group‟ (ITFG) of Ind AS Implementation Group has been constituted for providing clarifications on timely basis on various issues related to the applicability and /or implementation of Ind AS under the Companies (Indian Accounting Standards) Rules, 2015, raised by preparers, users and […]

Steps in E Way bill creation

April 5, 2018 4572 Views 0 comment Print

E Way Bill Step 1. Go to GST Portal  https://services.gst.gov.in/services/ewaybill/ewaybillsystem 2. Select E way Bill Dashboard 3. Go to E way Bill Portal :- https://ewaybillgst.gov.in/ 4. Select Login Detail 5. Put your User ID & Password and Enter your Captcha 6. Select E way Bill 7. Click on Generate New Option 8. Select Transaction Type […]

Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031