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Notifications/Circulars

Launch of Income Tax Business Application- TPO Proceedings Module

January 9, 2017 11749 Views 0 comment Print

Training material including user manual, help content and FAQs are available on the TPO Proceedings Module Home Page and on ITBA Portal In Online Training on ITBA.

DGFT corrects reference of table number appearing in SION & Foot Note

January 9, 2017 1645 Views 0 comment Print

The Engineering Table references have been corrected in SION C 172, C244, C248, C270, C271, C272, C472, C473, C1834, C1835, C1836, C1855, C1856, C1939, C1983, C1984, C2034, C2035, C2036 and C2037 and amendment in foot notes have been notified as per Para 2 above.

Lok Sabha/ Rajya Sabha to meet on 31.01.2016; Budget on 01.02.2017?

January 7, 2017 2281 Views 0 comment Print

Hon’ble President Shri. Pranab Mukerjee has called Meet of Lok Sabha and Rajya Sabha on 31.01.2017 to Facilitate Presentation of Union Budget 2017 on 01.02.2017 but seeing the protest of opposition political parties, the question is will government present the Budget on 01.02.2017 or it will present after the elections in 5 States.

Migration of existing Excise / Service Tax Assessees to GST

January 6, 2017 28495 Views 0 comment Print

Every Central Excise / Service Tax assessec having a valid PAN shall be granted registration under GST regime on a provisional basis. For such assessees, GSTN shall generate provisional IDs and communicate the same to the assessees through CBEC for migration to the GST regime.

Clarification on GST enrolment of Existing MVAT Dealers in Maharashtra

January 6, 2017 5659 Views 0 comment Print

In case of few dealers, in the Maharashtra Sales Tax Department’s registration database, PAN is either invalid or Blank or have more than one TINs are generated on a single PAN.

Report cash deposit in Bank & Post Office A/cs between 01.04.2016 to 09.11.2016

January 6, 2017 50224 Views 1 comment Print

Cash deposits during the period 1st April, 2016 to 9th November, 2016 in respect of accounts that are reportable to be reported by Banks and Post Office.

Notification No. 02/2017-Customs (N.T), Dated: 06.01.2017

January 6, 2017 2554 Views 0 comment Print

S.O. (E) – In exercise of the powers conferred by clauses (b) and (c) of sub-section (1) of section 7 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue)

CBDT fixes collection Target- Jan-March dedicated quarter for Recovery

January 6, 2017 1693 Views 0 comment Print

Time-barring date of scrutiny assessment was advanced to 31st December to provide assessment units with a dedicated quarter for recovery of demand raised.

SEBI framework for registration of fund managers for overseas funds

January 6, 2017 1141 Views 0 comment Print

Amendments to the SEBI (Portfolio Managers) Regulations, 1993 to provide a framework for registration of fund managers for overseas funds, pursuant to introduction of Section 9A in Income Tax Act, 1961

Reg. Exclusively Listed Companies in the Dissemination Board

January 5, 2017 1855 Views 0 comment Print

SEBI vide circular dated October 10, 2016 provided a period of three months to the ELCs on the DB to submit an action plan to list or to provide exit to shareholders to the designated stock exchanges.

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