Old notes can be deposited in an account only once now: No direct credit of amount in excess of Rs. 5000 deposited in account:
As per Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016, Taxes will have to be paid first and then scheme can be availed on production of tax receipt, unlike recent Income Disclosure Scheme
Finally the time came, we all are waiting for.. Yes, GST registration (migration) portal is open from 16 Dec 2016. As we observed that the process is a bit complicated and lengthy if compared with local Sales Tax or VAT registration; Don’t worry, we are here to make it simple for you.
Introduction: Mr. Kumar, aged 47, a marketing professional, is an ambitious investor. He wanted to save funds for the rainy day and lead a comfortable living. He had read and seen people invest in stock, mutual funds and many other investment vehicles.
ICT Division has taken up the matter for necessary modification in the application to accommodate the calculation of the contribution at the reduced rates in the first time implemented areas. However, due to technical reasons the modification in the software is taking some time.
आइये समझे कि क्या स्वरुप होगा भारत में लगने वाले जी.एस.टी. का और किस तरह करदाता इसका पालन करेंगे और इसका क्या प्रभाव पडेगा भारतीय उपभोक्ताओं पर, और सरकार की किस तरह की तैयारी है जी.एस.टी. को लेकर . इसके अतिरिक्त इस समय जी.एस.टी. को लेकर नया क्या हो रहा है और अंत में क्या संभावना है कि जी.एस.टी. 1 अप्रैल 2017 से लागू हो पायेगा या नहीं और साथ ही कुछ और भी महत्वपूर्ण प्रश्न जी.एस.टी. को लेकर :-
If we read the above circular strictly, it exempts seizure of only gold ornaments and jewellery and does not cover gold coins and gold bars. So the income tax officers can seize the gold coins and bars even if the weight is within the limits specified in the above circular in case you are not able to explain source of such gold coins and bars.
Guidance Note on Accounting for Oil and Gas Producing Activities, issued by Council of ICAI for entities to whom Ind ASs are applicable.
Assessee can deposit his unaccounted cash into bank and declared it as a current year’s income in next year’s tax return i.e. next Assessment year 2017-18.
Insolvency is possibly most demanding career option a professional can undertake. It is certainly one of most challenging, involving and rewarding.
