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Archive: October, 2018

Posts in October, 2018

Transfer/Posting (Local Change) of 116 officers in CIT grade

October 9, 2018 2133 Views 0 comment Print

Office Order No. 169 of 2018 The following transfers/postings (Local Change) in the grade of Commissioners of Income-tax are hereby ordered, with immediate effect and until further orders:

Extension of Ad-hoc appointments of 156 ACIT for year 2014-15

October 9, 2018 936 Views 0 comment Print

Office Order No. 168 of 2018 – Extension of Ad-hoc appointments of the Assistant Commissioner of Income Tax (ACIT) for the vacancy year 2014-15 – reg. F.No. A-32013/1/2016-Ad.VI(Part-II) Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi. Office Order No. 168 of 2018 Dated: 09th October. […]

Order No. 166/2018: Transfer/Posting of 69 officers in CIT grade

October 9, 2018 2529 Views 0 comment Print

Office Order No. 166 of 2018- Following CIT are hereby transferred and posted as per the table below, with immediate effect and until further orders:

Blockchain Technology

October 9, 2018 4047 Views 3 comments Print

CA. Ankit Danawala Toolkit for future Finance Professionals, Accountants and Auditors “We stand on the brink of a technological revolution that will fundamentally alter the way we live, work and relate to one another. In its scale, scope and complexity, the transformation will be unlike anything humankind has experienced before.” – by Klaus Schwab INTRODUCTION […]

CPC advisory on applicability of Tax Audit to business and profession

October 9, 2018 14244 Views 3 comments Print

Dear Taxpayer, As per the section 44AB of Income Tax Act, the books of accounts for the relevant previous year are required to be audited by a Chartered Accountant and the audit report has to be electronically filed prior to or along with the return of income before the due date. In order to assist to […]

Tractor Cess not leviable on part and accessories of Tractor

October 9, 2018 1614 Views 0 comment Print

M/s Gatiman Auto Pvt. Limited Vs CCE & CGST (CESTAT Delhi) The issue before us is to decided as to whether the tractor cess is leviable on the part and component of the tractor cleared by the appellant. After going through the case laws cited and circular issued by the Ministry of Finance, it is […]

Anti-dumping duty on imports of Ductile Iron Pipes

October 9, 2018 1332 Views 0 comment Print

Seeks to amend the notification No. 23/2103 dated the 10th October, 2013 to extend the levy of anti-dumping duty on the imports of ‘Ductile Iron Pipes’ originating in or exported from China PR vide Notification No. 51/2018-Customs (ADD) dated 9th October, 2018.

Principal-agent relationship under Schedule I of HGST Act

October 9, 2018 1449 Views 0 comment Print

In terms of Schedule I of Haryana Goods and Services Tax Act, 2017, supply of goods by an agent on behalf of the principal without consideration has been deemed to be a supply.

Gold Monetisation Scheme- Who are eligible to make deposit

October 9, 2018 825 Views 0 comment Print

Govt amends List of Persons Who are eligible to make deposit under Gold Monetisation Scheme. Resident Indians including Individuals, Hindu Undivided Families, Trusts including Mutual Funds or Exchange Traded Funds which are registered under the Securities and Exchange Board of India (Mutual Fund) Regulations, 1996,

ITC eligibility on demonstration vehicle

October 9, 2018 1074 Views 0 comment Print

In re BMW India Pvt. Ltd. (GST AAR Haryana) Whether the Applicant-unit is entitled to avail input tax credit of IGST and Compensation Cess paid on receipt of cars (on stock-transfer basis) for use in relation to specified business activities and thereafter onward supply to dealers after use by the Applicant-unit for a limited period […]

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