Follow Us:

CCTNS Digital Police Portal launched to fast-track Criminal Justice System in Country

October 7, 2017 1881 Views 0 comment Print

As crime continues to grow, and criminals turn tech-savvy, police investigators across States face a tough challenge to bring the law-breakers to justice.The situation is,however, undergoing a revolutionary change. The Digital Police Portal launched by the Government of India as part of the Crime and Criminal Tracking Network and Systems (CCTNS)

MGST: Specifying condition and Safeguards for LUT in place of Bond for export

October 7, 2017 1272 Views 0 comment Print

All registered persons who intend to supply goods or services for export without payment of integrated tax shall be eligible to furnish a Letter of Undertaking in place of a bond except those who have been prosecuted for any offence under the Maharashtra Goods and Services Tax Act, 2017

Corrigendum to MGST notification No.1/2017- State Tax Rate, dated 29.06.2017

October 7, 2017 1185 Views 0 comment Print

No. MGST-1017/C.R.104/Taxation-1.—In the Government Notification of the Finance Department No. MGST-1017/C.R.104/Taxation-1 [No. 1/2017-State Tax (Rate)], dated the 29th June 2017, published in the Maharashtra Government Gazette, Part IV-B, Extra-Ordinary No. 183, dated 29th June 2017

8th Amendment to MGST Rules 2017 notified

October 7, 2017 1401 Views 0 comment Print

No. MGST-1017/C.R. 178/Taxation-1.—In exercise of the powers conferred by section 164 of the Maharashtra Goods and Services Tax Act, 2017 (Mah. XLIII of 2017), the Government of Maharashtra, hereby makes the following rules further to amend the Maharashtra Goods and Services Tax Rules, 2017

MGST: Supply of services associated with transit cargo to Nepal and Bhutan (landlocked countries)

October 7, 2017 1011 Views 0 comment Print

No. MGST-1017/C.R. 182/Taxation-1.—In exercise of the powers conferred by sub-section (1) of section 11 of the Maharashtra Goods and Services Tax Act, 2017 (Mah. XLIII of 2017) (hereinafter referred to as the “said Act”), the Government of Maharashtra, on being satisfied that it is necessary in the public interest so to do

Govt exempts Gems & Jewellery dealers from PMLA Requirements

October 6, 2017 2538 Views 0 comment Print

The Government has received representations from various Associations in the Gems and Jewellery sector with respect to certain incongruities in Notification No. 4/2017 dated 23rd August, 2017, wherein dealers in precious metals, precious stones and other high value goods were notified as person carrying on designated business and professions under the Prevention of Money-Laundering Act, 2002.

Penalty U/s. 271AAA not leviable on Failure to ask question regarding manner of earning of income

October 6, 2017 1437 Views 0 comment Print

The present appeal by the Revenue is directed against the order of the Commissioner (Appeals)-II, Ahmedabad [CIT(A) in short] dated 30-9-2013 for the assessment year (AY) 2010-11 wherein penalty imposed under section 271AAA of the Income Tax Act, 1961 (hereinafter referred to as the Act) Rs. 20 lakhs was deleted by the Commissioner (Appeals).

Final occupation date to calculate Purchase date for section 54F exemption allowed

October 6, 2017 8688 Views 0 comment Print

This appeal is filed by the assessee against the order of the Commissioner of Income Tax (Appeals) -20, Mumbai dated 17.04.2014 for the Assessment Year 2010-11. The only grievance of the assessee in his appeal is that the Ld.CIT(A) erred in denying the deduction u/s 54 of the Act.

Adding of new directors when all existing directors stand vacated

October 6, 2017 8895 Views 4 comments Print

Addition of names of the newly appointed Directors in the MCA database in the Companies where all the directors stand vacated due to disqualification under section 164(2)(a) r/w 167(1) of the Companies Act, 2013-reg

Deal cancellation compensation expense cannot be claimed from Capital Gain

October 6, 2017 6648 Views 0 comment Print

Under the head Capital gains only direct expenses relatable to transfer of property are allowed as deduction. Therefore, the cancellation expenses should not be held to be incurred either for acquiring the property or for transfer of property

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