Follow Us:

CBDT to share details with ROC of Income Taxpayers

July 26, 2017 1452 Views 0 comment Print

Central Government, hereby specifies Joint Secretary, Ministry of Corporate Affairs, Government of India, for purposes sub-clause (ii) of clause (a) of sub-section (1) of Section138 of Income-tax Act, 1961,

Income Tax Notification on Deemed demerger of Company ceased to be public sector company

July 26, 2017 1605 Views 0 comment Print

S.O. 2338(E).—In exercise of the powers conferred by Explanation 5 to clause (19AA) of section 2 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby amends the notification of the Government of India, Ministry of Finance number S.O. 3204(E) published in the Gazette of India

Exporter eligible for refund of Compensation Cess paid on exports

July 26, 2017 14352 Views 0 comment Print

In this regard section 8 of the Goods and Services tax (Compensation to States) Act, 2017 hereinafter referred to as [GSTC Act, 2017] provides for levy and collection of Compensation Cess and reads as under

Royal Buggy used by royal family for ceremonial occasions is exempt from Wealth Tax

July 25, 2017 1011 Views 0 comment Print

This appeal is filed by the assessee challenging the judgment of the Income Tax Appellate Tribunal (Tribunal for short) dated 26.9.2001. Appeal was admitted for consideration of following substantial question of law.

Period of exclusion regarding direction U/s. 142(2A) commences from the day on which AO gave a direction

July 25, 2017 960 Views 0 comment Print

(i) Whether the findings of the Tribunal are perverse in holding that for the purpose of limitation under section 158BE, the period is to be counted from the date on which the direction under section 142(2A) is served on the assessee and not from the date of issuance of direction by the assessing officer under section 142(2A) ?

Amendment in Authority under Prohibition of Benami Property Law

July 25, 2017 1089 Views 0 comment Print

S.O. 2320 (E).—In exercise of the powers conferred under sub-section (2) of section 28 read with section 59 of the Prohibition of Benami Property Transactions Act, 1988 (45 of 1988) the Central Government hereby makes the following amendment in the notification of the Government of Indi

SEBI (Depositories and Participants) (Second Amendment) Regulations, 2017

July 25, 2017 1176 Views 0 comment Print

No. SEBI/LAD-NRO/GN/2017-18/013.—In exercise of the powers conferred by Section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992) read with Section 25 of the Depositories Act, 1996 (22 of 1996), the Board hereby makes the following Regulations to further amend the Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996

Foreign Trade (Exemption from application of Rules in certain cases) Amendment Order, 2017

July 25, 2017 2391 Views 0 comment Print

S.O. 2322(E).—In exercise of the powers conferred by section 3, read with section 4, of the Foreign Trade (Development and Regulation) Act, 1992 (22 of 1992), as amended by the Foreign Trade (Development and Regulation) Amended Act, 2010

GST- Bird’s Eyeview

July 25, 2017 7155 Views 2 comments Print

GST is a comprehensive Value Added Tax on Goods and Services. It is collected on value added at each stage of sale and purchase in the supply chain without state boundaries. The proposed GST is a destination based indirect tax that will be levied on supply of Goods and Services

One Nation -One Tax – Either Direct Tax or Indirect Tax

July 24, 2017 2553 Views 1 comment Print

Fellow citizens—kindly spare few minutes to go the following cryptic note; if convinced promote this idea as you deem fit so that government comes out with tax reform on the lines suggested.

Search Post by Date
June 2026
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930