Type: News
Read latest TaxGuru news on taxation, GST, Income Tax, finance, business, corporate laws, regulatory developments and professional updates.
Restore provisions of erstwhile Section 245E related to Settlement of Cases: ICAI
Issues in levy of penalty in case of under reporting / misreporting of income
Section 270AA – Immunity from Imposition of penalty
Section 271D & 271E- Penalty should be restricted to 30%
Section 271AAB – Relax restrictions to claim benefit of concessional rate of penalty @ 10%: ICAI
Section 271AAB Prosecution should not be initiated for Income disclosed during survey: ICAI
Section 271H- Penalty for failure to furnish TDS/TCS statements- Remove discretion
Issue guidelines penalty U/s. 271J for furnishing incorrect information in reports or certificates
Section 285BA(3) Widen scope of financial transaction to be reported
MCA introduces RUN Services & Zero fee for Company incorporation with authorized capital upto Rs. 10 lakh
Ensure Non initiation of prosecution for delay in remittance of TDS against genuine tax deductors: ICAI Suggests
Make Reduction in Tax rate applicable to Firms/ LLP: ICAI
CA IPC November 2017 Exam Result Likely on 28th January 2018
Computerized notice / document should provision for digital signature: ICAI
News brings together important developments affecting taxpayers, businesses, professionals and the financial and regulatory ecosystem. TaxGuru covers news relating to Income Tax, GST, Company Law, Corporate Law, Customs, DGFT, FEMA/RBI, SEBI, finance, business, professional bodies and other tax and regulatory subjects. The category includes developments arising from government decisions, regulators, departments, courts, professional institutions and other relevant sources. Readers can use this page to stay informed about recent changes, announcements and developments having implications for taxation, compliance, finance, business and professional practice.
