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Notification No. 34/2017-Income Tax, Dated: 28.04.2017

April 28, 2017 1737 Views 0 comment Print

CBDT notifies Shri Ram and Ramdas Swami Samadhi Temple (Mandir) & Ramdas Swami Math at Sajjangad Distt. Satara, Maharashtra, to be place of historic importance and a place of public worship of renown throughout the state of Maharashtra

CBDT notifies National Skill Development Agency U/s. 10(46)

April 28, 2017 759 Views 0 comment Print

Section 10(46) of Income Tax Act, 1961-CBDT notifies National Skill Development Agency, a body constituted by the Central Government in respect of the following specified income arising to that body,

Import of Calcium Carbide at Nhava Sheva not allowed

April 28, 2017 1197 Views 0 comment Print

Since, import of Calcium Carbide at Nhava Sheva is not allowed till amendment in Calcium Carbide Rules, 1987 and inclusion of Nhava Sheva in the specified list under Rule 10 of Calcium Carbide Rules, 1987 is likely to take time, it has been decided that no import of Calcium Carbide will be allowed through JNCH until the rules in this regard are amended.

Requirement of Net Owned Fund for Asset Reconstruction Companies

April 28, 2017 1476 Views 0 comment Print

No Asset Reconstruction Company shall commence or carry on the business of securitisation or asset reconstruction without having Net Owned Fund (hereinafter referred to as NOF) of not less than Rupees two crore or such other higher amount as the Reserve Bank may, by notification, specify.

Notification No. 42/2017-Customs (N.T.), Dated: 28.04.2017

April 28, 2017 3624 Views 0 comment Print

Notification No. 42/2017-CUSTOMS (N.T.) In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3rd August, 2001

File Formats for Transfer of Shares to demat account of IEPF Authority

April 28, 2017 2076 Views 0 comment Print

Attention of Issuers/ R&T Agents is invited to Notification dated February 28, 2017 issued by Ministry of Corporate Affairs (MCA) notifying the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2017 (Copy enclosed as Annexure 1)

DVAT return filing due date for 4th quarter extended to May 15, 2017

April 28, 2017 2430 Views 0 comment Print

Hereby extend the last date of filing of online/hard copy of fourth quarter return for the year 2016-17, in Form DVAT-T6 ,DVAT-17 and DVAT-48 along with required annexure/enclosures up to 15/05/2017.

E-Way Bill under GST Regime (Only for goods of special purposes??)

April 28, 2017 6525 Views 0 comment Print

Goods and Service Tax (GST), the national agenda for reforms under Indirect tax system is in news on daily basis. But this time it is for the wrong reasons.

Taxation of E-Commerce under Goods & Services Tax (GST)

April 28, 2017 4860 Views 0 comment Print

E Commerce in India is one of the most growing market in India in Recent Years . India is adding three new Internet users every Second. E commerce companies have the potential creating 12 million Jobs in Next 10 Years.

NOF for ARCs shall be minimum Rupees One Hundred Crore

April 28, 2017 570 Views 0 comment Print

Reserve Bank of India hereby specifies that the Net Owned Fund (NOF) for Asset Reconstruction Companies (ARCs) shall be minimum Rupees One Hundred Crore on an ongoing basis with effect from the date of this Notification.

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