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CBEC notifies limit on Appreciation Certificates by President

January 19, 2018 900 Views 0 comment Print

4. The number of Appreciation Certificates awarded in one year shall not exceed forty five but if the President considers that special circumstances in any one year justify the award of the Appreciation Certificates in excess of the forty five, the number shall not exceed fifty.

Give credit for such TDS/TCS even if assessments Completes or period mentioned u/s 155(14) has expired: ICAI

January 18, 2018 1053 Views 0 comment Print

Currently, Many government/semi-government authorities (viz. Mining Department) have been demanding TCS of earlier years for which assessments have already been completed, since they had not collected the TCS in the those relevant years.

Sec. 10(46) CBDT notifies ‘Central Registry for Securitization Asset Reconstruction and Security Interest of India’

January 18, 2018 1533 Views 0 comment Print

Central Government hereby notifies for the purposes of section 10(46) the Central Registry for Securitization Asset Reconstruction and Security Interest of India, a body set up under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002, in respect of the following specified income arising to that body, namely:—

ICAI form Group to study how Govt Departments deal with non-performing employees

January 18, 2018 831 Views 0 comment Print

The President, in terms of the authority given to him by the Council at its 363rd meeting held on 12th February, 2017, has constituted a Group to study how Government Departments deal with non-performing employees and to identify non-performers in ICAI, comprising of the following members

ICAI: Transition Scheme for CA students

January 18, 2018 3690 Views 0 comment Print

ICAI announces Transition Scheme for students of Common Proficiency Course, Intermediate (IPC) Course and Final (old) Course along with the Conversion Fees for Switching Over to Revised Scheme

Customs Rate of exchange of foreign currency wef 19.01.2018

January 18, 2018 5208 Views 0 comment Print

Notification No.06/2018-Customs (N.T.) Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto

Amendment in policy condition No. 3 of Chapter 72 of ITC (HS), 2017 — Schedule —I (Import Policy)

January 18, 2018 1458 Views 0 comment Print

Import of seconds/defectives of steel items as mentioned at Sl. No. 1 to 7 of Policy Condition No.2 of Chapter 72 of ITC (HS), 2017, Schedule-I (Import Policy), shall be allowed also through Nhava Sheva (JNPT) and at ICD-Tughlakabad, New Delhi, besides the existing Customs sea port at Mumbai, Chennai and Kolkata.

Notification No. 2/2018-Income Tax, Dated: 18.01.2018

January 18, 2018 3747 Views 0 comment Print

S.O. 282(E).—In exercise of the powers conferred by clause (39) of the section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following amendments in the notification of the Government of India, Ministry of Finance

Sec. 10(46) CBDT notifies ‘West Bengal Electricity Regulatory Commission, Kolkata’

January 18, 2018 804 Views 0 comment Print

Central Government hereby notifies for purposes Section 10(46) ‘West Bengal Electricity Regulatory Commission’, Kolkata, a commission constituted by the Government of West Bengal, in respect of the following specified income arising to that commission, namely:—

DGFT enlists AECC& for issuing Certificate of Origin (Non-Preferential)

January 18, 2018 1122 Views 0 comment Print

M/s Asian Exporters’ Chamber of Commerce and Industry (AECC&I) is enlisted under Appendix 2E of FTP, 2015-2020 for issuing Certificate of Origin (Non-Preferential).

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