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Adhere to time frame for filing of SLPs and Appeals in SC: CBEC Chairman

February 16, 2018 714 Views 0 comment Print

CBEC has already put in place a mechanism to prevent delay in filing of SLPs and Appeals in the Hon’ble Supreme Court and a letter dated 1st June 2017 to this effect has already been circulated indicating revised time-frames. This is also available in the CBEC website. May I request you all to strictly adhere to the time frame indicated in the letter so as to avoid any delay in filing the of SLPs and Appeals. I have also issued a letter reiterating the above facts for strict compliance.

S. 80D CBDT notifies Contributory Health Service Scheme of Department of Atomic Energy

February 16, 2018 1386 Views 0 comment Print

Central Government hereby notifies the Contributory Health Service Scheme of the Department of Atomic Energy for the purposes of section 80D(2)(a) for the assessment year 2018-2019 and subsequent years.

Sec. 10(46) exemption: CBDT notifies ‘Maharashtra Electricity Regulatory Commission’

February 16, 2018 1182 Views 0 comment Print

‘Maharashtra Electricity Regulatory Commission’, a Commission constituted by the State Government of Maharashtra, in respect of the following specified income arising to that Commission, namely:-

Notification No. 07/2018-Income Tax Dated 16th February, 2018

February 16, 2018 2379 Views 0 comment Print

G.S.R. 171(E).– In the notification of the Government of India, Ministry of Finance, Department of Revenue (Central Board of Direct Taxes), dated the 19th January, 2018,

Companies (Authorised to Register) Amendment Rules, 2018

February 16, 2018 4881 Views 0 comment Print

These rules may be called the Companies (Authorised to Register) Amendment Rules, 2018. In the Companies (Authorised to Register) Rules, 2014, for Form No.URC-1, the following Form No. URC-1 shall be substituted

Companies (Management and Administration) Amendment Rules, 2018

February 16, 2018 7218 Views 0 comment Print

These rules may be called the Companies (Management and Administration) Amendment Rules, 2018. Form No. MGT-6 and Form No. MGT-15 shall be substituted,

Companies (Audit and Auditors) Amendment Rules, 2018

February 16, 2018 15363 Views 0 comment Print

1. (1) These rules may be called the Companies (Audit and Auditors) Amendment Rules, 2018. (2)They shall come into force on the date of their publication in the Official Gazette. 2. In the Companies (Audit and Auditors) Rules, 2014, in the Annexure, for Forms ADT-1 and ADT-2, the following forms shall be substituted, namely:-

Assessee takes GST credit of 16.95 Crore wrongly due to server error

February 16, 2018 8508 Views 1 comment Print

The party vide its letter dated 16.10.2017 (copy enclosed), informed that their eligible ITC credit for the month of July, 2017, was Rs 16,948/ ­ each under CGST and SGST and that while taking credit, the SGST credit, due to server error, was credited in their GSTR 38 of July, 2017, as Rs 16,94,76,948/-. Further, the party has informed that, they have mailed twice to GST help desk for rectification (copy enclosed).

Banks branches must accept coins tendered for exchange or for deposit in Accounts: RBI

February 15, 2018 1269 Views 0 comment Print

Reserve Bank continues to receive complaints about non-acceptance of coins by bank branches. Such denial of service has reportedly, in turn, led to refusal on the part of shopkeepers and small traders, etc., to accept coins as payment for goods sold and services rendered causing inconvenience to the public at large.

CBDT notifies Government e-Marketplace (GeM) U/s. 138 of Income-tax Act

February 12, 2018 9531 Views 2 comments Print

Central Government, hereby specifies Chief Executive Officer, Government e Marketplace (GeM) for purposes of sub-clause (ii) of clause (a) of sub-section (1) of Section 138 of Income-tax Act, 1961

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