GST is a win-win situation for the entire country. It brings benefits to all the stakeholders of industry, government and the consumer. It will lower the cost of goods and services, give a boost to the economy and make the products and services globally competitive.
CBEC hereby extends the date of submission of the Form ST-3 for the period from 1St October 2016 to 31st March 2017, from 25th April, 2017 to 30th April. 2017.
Provisional Ids and Access Token of Phase 4 dealers, are now made available by GSTN. Dealer can obtain their Provisional Ids from department’s portal www.mahavat.gov.in, using their login credentials. The list of all such dealers is published under “What’s New” Section on MSTD’s portal.
Lease rent from letting out buildings/developed space along with other amenities in an Industrial Park/SEZ— to be treated as business income.
Department of Heavy Industry is administering the Central Sector Scheme of incentive to the consumers for purchase of Hybrid & Electrical Vehicles under the Faster Adoption and Manufacturing of (Hybrid and) Electrical Vehicles in India (FAME-India) Scheme (hereinafter referred to as the Scheme);
You may be aware that 1-IRMS Module of ITBA has recently been launched For successful implementation of HRMS module, each employee of the department should have access through Intranet However, challenges like non availability of space to house those many computers, furniture and insufficient electric meter/ generator set capacities posed by ensuring access to each employee through Intranet were communicated by few CIT (Admin/TPS) Accordingly, proposal for creation of Terminal Computer banks in IT offices across the country for providing access to HRMS Module of ITBA has been approved by the competent Authorities with direction that all Group A and B officers should be provided with RSA Tokens
Here are 6 key takeaways from the Finance Act 2017 that you must know: 1. Change in Rate of Slab Rates 2. Reduction in Benefit U/s 87A 3. TDS on Rent paid by Individual 4. Change in Capital Gains 5. Ceiling on Cash Transaction 6. Digital Payments in Presumptive Taxation
Any surplus money arising to an assessee on sale of agricultural land would always partake the character of agricultural income itself. The consideration stated in the Registered Sale Deed was agricultrual income. Likewise, the on money also should be treated as agricultural income.
Order No. 56 of 2017 The following postings / transfers in the grade of Additional/ Joint Commissioner of Income Tax are hereby, ordered with immediate effect and until further orders:-
In exercise of the powers conferred by Section 5 and Section 14A of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 1.02 of the Foreign Trade Policy, 2015-2020, as amended, and in supersession of DGFT Notification No.38 (RE-2010) /2009-2014 dated 31st March, 2011, Notification no. 93(RE-2012)/2009-14 dated 6th January 2012
