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DVAT: Due date extended to 17/08/2017 for Filing Q1 returns of 2017-18

July 28, 2017 8655 Views 1 comment Print

I do hereby extend the last date of filing of online/hard copy of first quarter return for the year 2017-18, in Form DVAT­16, DVAT-17 and DVAT-48 along with required annexure/enclosures up to 17/08/2017,

Addition cannot be made merely based on document which is silent as to payer and payee

July 27, 2017 1251 Views 0 comment Print

The ITAT noted that document was silent as to payer and payee of amount in question nor does it disclose that payment was made by cheque or cash nor it is proved that document is in handwriting of assessee or at least bears his signatures.

I-T Dept withdraws Appeal against KBC Winner for low tax effect

July 27, 2017 1719 Views 0 comment Print

The learned Counsel for the appellant submits that the tax effect involved in the present appeal is less than Rs.20 lakhs and as per the CBDT Circular No.21 of 2015 dated 10th December, 2015, the department has taken a policy decision not to prosecute the appeals wherein the tax effect is less than Rs.20 lakhs.

Notification No. 68/2017-Customs dated: 27th July, 2017

July 27, 2017 6645 Views 0 comment Print

Seeks to amend Notification No. 96/2008-Customs dated 13th August 2008 to insert S. No. 35-Republic of Niger and S. No. 36 -Republic of Guinea in the Schedule to the notification. MINISTRY OF FINANCE (Department of Revenue) Notification No. 68/2017-Customs New Delhi, the 27th July, 2017 G.S.R. 962(E).—In exercise of the powers conferred by sub-section (1) […]

Goods and services Tax Settlement of funds Rules, 2017

July 27, 2017 7674 Views 0 comment Print

Central Government hereby makes the following rules namely:‑(1) These rules may be called the Goods and services Tax Settlement of funds Rules, 2017. (2) They shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.

CBEC amends rule 24,34, 44, 46, 61,83,89 of CGST Rules, 2017

July 27, 2017 12966 Views 0 comment Print

Central Government hereby makes following rules further to amend Central Goods and Services Tax Rules, 2017, namely: Central Goods and Services Tax (Fourth Amendment) Rules, 2017.

Companies (Incorporation) Second Amendment Rules, 2017

July 27, 2017 28296 Views 0 comment Print

28. Shifting of registered office within the same State.- (1) An application seeking confirmation from the Regional Director for shifting the registered office within the same State from the jurisdiction of one Registrar of Companies to the jurisdiction of another Registrar of Companies, shall he filed by the company with the Regional Director in Form No.INC.23 along with the fee and following documents,-

Match Incomes/ Receipts & deduction claimed with Form 16/16A

July 27, 2017 31584 Views 15 comments Print

Taxpayer Submitting Income Tax Return for Assessment year 2017-18 to ensure Incomes/Receipts and deduction claimed matches with Form 16/16A issued by deductor

They Went, They Played, They Conquered the hearts of 1.25 billion Indians

July 27, 2017 1338 Views 0 comment Print

This used to happen in India when the men’s cricket team were on the field or when Sachin Tendulkar strode from the dressing room to the 22 yards. But the ‘New India’ exulted in breaking the stereotype that sport and men are synonyms.

Here are Some Loan Options Available for SMEs

July 27, 2017 1145 Views 0 comment Print

Various banks and Non-banking finance companies (NBFCs) like Aditya Birla Finance Limited are offering several SME loans to cater to different requirements of these entrepreneurs, but it is necessary to choose the right option as per the needs.

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