Its been reported in some cases that income declared under revised IDS 2016 declaration is lower than income declared under original declaration on account of some typographical or bonafide error.
It has been alleged that the bank authorities refused to accept payment stating that since IDS, 2016 has closed on 30.09.2016 the banks cannot accept the said challan beyond the said date.
CBDT requests feedback on CASS parameters so as to select cases for scrutiny assessment for returns filed in F.Y. 2016-17 to make the process more effective (i) The parameters of selection of earlier CASS runs, which have not yielded revenue even after in-depth scrutiny, which may be considered for exclusion in future CASS run.
Preventive Vigilance is a management function to be exercised by all supervisory authorities for overall risk management in any organization. A supervisory officer cannot absolve himself from vicarious liability if the supervisor who has the right, ability or duty to control the activities of a subordinate does not take steps to prevent the acts of misdemeanor by the subordinate.
List of Associations whose FCRA registration was valid till 31/10/2016 and have not applied renewal by 30/06/2016. Their validity of registration deemed expired from 01/11/2016.
The CVC has exhorted all Ministries/Departments / Organisations to encourage their customers/public and corporates /entities/ firms etc. to take Integrity Pledge.
These priorities are as under: 1. Maximising revenue collection 2. Delivering quality tax payer services 3. Promoting digital tax administration and transparency 4. Widening of tax base
It has been decided that PF and pension payments to members or EPF Scheme 1952 and EPS 1995 are made on the date of retirement Itself
If any employer/establishment makes available registers/records in electronic form and accessible to the inspector/authority so as to be usable for a subsequent reference, then that employer/establishment should not be required to produce print/hard copy of these documents
Kindly recall that as a follow up to the 3rd GST Council Meeting, the States were to receive updated database on tax payers under VAT, Central Excise and Service Tax.
