EXPOSURE DRAFT PREFACE TO THE FRAMEWORK AND STANDARDS ON INTERNAL AUDIT* (Last date for comments- January 17, 2018) The Internal Audit Standards Board of The Institute of Chartered Accountants of India (ICAI) invites comments on proposed revision to the Preface to the Framework and Standards on Internal Audit. Comments are most helpful if they indicate […]
NOTIFICATION No. 119/2017-Customs (N.T.) In exercise of the powers conferred by sub-section (1) of section 4 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs, hereby directs that each of the notifications of the Government of India, Ministry of Finance (Department of Revenue), specified in column (2) of the Table shall be amended in the manner as specified in the corresponding entry in column (3) of the said Table, namely
In pursuance to the Companies (Registered Valuers and Valuation) Rules, 2017, the Insolvency and Bankruptcy Board of India (IBBI) has recognized today the following two Registered Valuers Organizations:
This Act may be called the Goods and Services Tax (Compensation to States) Amendment Act, 2017. (2) It shall be deemed to have come into force on the 2nd day of September, 2017.
Can a manufacturer who was not registered in excise take credit of goods on which he doesn’t have duty paying documents i.e. Can he take deemed transitional credit?
Commission records admonition for illegally insisting on Aadhar Card etc. to prove citizenship, identity and address, and also demanding proof of citizenship. Denial of information for lack of Aadhaar card will be a serious breach of right, which was guaranteed by the RTI Act
Sri Sachindra Nath Kayal Vs. ITO (ITAT Kolkata) It undisputed fact that assessee has earned LTCG which was not offered to tax. It is also undisputed that the disclosure of the same made in balance-sheet of the assessee. Thus, we note that non- offering of LTCG to the tax was not deliberate. It was out […]
Reference is invited to various meetings held with DFS and APY-SP with reference to Aadhaar seeding and authentication in Atal Pension Yojana Accounts. The latest meeting was held as on 28-11-2017 wherein officials of Punjab National Bank, Punjab and Sind Bank. Bank of Baroda and Oriental Bank of Commerce had participated.
The Income Tax Appellate Tribunal in its recent order ruled that no additions can be made since interest has accrued to the assessee but has not been realized.
Article explains Process flow and steps involved for Updating Mobile Number & Email of Authorized Signatory on GST portal www.gst.gov.in of Registered Taxpayer.
