"11 November 2019" Archive - Page 3

28% GST Payable on Supply of Air Conditioners with Installation Services

In re Nikhil Comforts (GST AAAR Maharashtra)

In re Nikhil Comforts (GST AAAR Maharashtra) The Maharashtra Appellate Authority for Advance Ruling while confirming the order of the Maharashtra Advance Ruling Authority held that the contract in the impugned case is though a composite supply not for immovable property, and therefore does not fall under the definition of ‘works contrac...

Read More

RBI withdraws exemptions granted to Housing Finance Institutions

RBI/2019-20/98 DOR NBFC (PD) CC.No.105/03.10.136/2019-20 11/11/2019

Housing Finance Institutions as defined under Clause (d) of Section 2 of the National Housing Bank Act, 1987 are currently exempt from the provisions of Chapter IIIB of Reserve Bank of India Act, 1934. On a review, it has been decided to withdraw these exemptions and make the provisions of Chapter IIIB except Section 45-IA of Reserve Bank...

Read More

Empanelment of officers for promotion to Principal CIT grade for Year 2019

No.18/65/2017-EO(SM.II) 11/11/2019

Empanelment of the following officers for promotion to the grade of Chief Commissioner of Income Tax (CCIT) in the Indian Revenue Service (Income Tax) in Level 16 in the Pay Matrix (Rs.205400-224400/-) for the panel years 2018 (Supplementary Panel) and 2019 (Regular Panel), w.e.f. the date of assumption of the charge of the post and until...

Read More

Empanelment of officers for promotion to Principal CIT grade for year 2016 to 2018

No.18/44/2017-EO(SM.II) 11/11/2019

Empanelment of following officers for promotion to the grade of Principal Commissioner of Income Tax in the Indian Revenue Service (Income Tax) in- Level 15 in the pay matrix (Rs.182200-224100/-) for the panel years 2016-17 (Revised Panel), 2017-18 (Regular Panel) and 2018 (Regular Panel), w.e.f. the date of assumption of the charge of th...

Read More

Notification No. 44/2019-Customs (ADD), Dated: 11.11.2019

Notification No. 44/2019-Customs (ADD) [G.S.R. 834(E).] 11/11/2019

Notification No. 44/2019-Customs (ADD)– Seeks to amend notification No. 1/2017-Customs dated 5th January, 2017 to insert S. Nos. 48 to 52 in the duty table to finalize the assessment of exports of jute products by M/s. Roman Jute Mills Ltd. (Producer/Exporter) and M/s SMP International, LLC, USA (Exporter/ Trader), M/s Aziz Fibres L...

Read More

Notification No. 43/2019-Customs (ADD), Dated: 11.11.2019

Notification No. 43/2019-Customs (ADD) [G.S.R. 833(E).] 11/11/2019

Seeks to rescind notification Nos. 24/2018- Customs (ADD) the dated 7th May, 2018, 41/2018- Customs (ADD) and 42/2018- Customs (ADD) dated 24th August, 2018 which had prescribed provisional assessment on export of jute products from Bangladesh by specified exporters.  GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notifi...

Read More

Exempt delayed filing fee for DIR-3 KYC for directors of J&K & Ladakh

ICSI request MCA for considering granting exemption from delayed filing fee for DIR 3KYC for the directors resident in the UT of Jammu and Kashmir and UT of Ladakh....

Read More

GST – Another chance for claiming Transitional credit now

The taxpayers who have missed claiming transitional credits initially can now claim the same. The suggested course of action is as under: 1. Apply to the Nodal officer on or before 31.12.2019 for enabling the filing of Form GST Tran-1 online. 2. If the application is rejected or not acted in a reasonable time, file a writ petition before ...

Read More

Excel Utility to check Interest u/s. 234A, 234B and 234C

Please find attached herewith an Excel Utility to check the Interest u/s. 234A, 234B and 234C of Income Tax Act, 1961.  It's a utility in which you need to enter very few details in just 2 minutes and you will get instantly a detailed report with descriptions as to how the interest under above mentioned sections are calculated.  Hence,...

Read More

Procedure of recovery under Income Tax

Second schedule to Income Tax Act, provides for recovery procedure, providing for the following modes of recoveries i. Attachment/sale of movable/ immovable property, ii. Appointment of receiver for management of movable/ immovable properties. iii. Arrest and detention of defaulter Procedure of Procedure of recovery under Income Tax Act, ...

Read More

Search Posts by Date

September 2021
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930