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Capital Asset holding period on conversion : Rule 8AA & Sec. 115JG(1)

December 6, 2018 1653 Views 0 comment Print

In the case of a capital asset which became the property of the Indian subsidiary company in consequence to conversion of a branch of a foreign company referred to in subsection (1) of the section 115JG, there shall be included the period for which the asset was held by the said branch of the foreign company and by […]

CBDT notifies revised provisions U/s. 115G for Unabsorbed depreciation, set off / carry forward of losses, tax credit

December 6, 2018 2577 Views 0 comment Print

CBDT notifies revised provisions related to Unabsorbed depreciation, set off or carry forward and set off of losses, tax credit in respect of tax paid on deemed income relating to certain companies and the computation of income in the case of foreign company referred to in sub-section (1) of section 115JG of the Act and […]

Notification No. 79/2018-Customs Dated 05/12/2018

December 5, 2018 12318 Views 0 comment Print

Amendment to notification no. 52/2003-Customs dated 31.03.2003 -reg. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 79/2018-Customs New Delhi, the 5th December, 2018 G.S.R. (E).— In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the […]

Notification No. 23/2018-Central Excise Dated 05.12.2018

December 5, 2018 5124 Views 1 comment Print

Amendment to notification no. 22/2003-CE, 23/2003-CE & 24/2003-CE all dated 31.03.2003  vide Notification No. 23/2018-Central Excise Dated 5th December, 2018 GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 23/2018-Central Excise New Delhi, the 5th December, 2018 G.S.R. ___ (E).- In exercise of the powers conferred by sub-section […]

Jurisdiction of CIT(A) to deal with Black money cases in MP & CG States

December 5, 2018 1284 Views 0 comment Print

Principal Chief Commissioner of Income Tax, M.P. & C.G., hereby direct that the Commissioner of Income-Tax (Appeals), Bhopal-1, having headquarter at tBhopal, shall exercise the powers and perform the functions in respect of  All cases falling within the territorial jurisdiction of Pr CIT / CIT, Bhopal- 1 and 2 and All cases of Black Money […]

Non-resident Participation in Rupee Interest Rate Derivatives Markets (Reserve Bank) Directions, 2018

December 5, 2018 657 Views 0 comment Print

1. These Directions shall be called the ‘Non-resident Participation in Rupee Interest Rate Derivatives Markets (Reserve Bank) Directions, 2018. 2. These Directions shall be applicable to Rupee interest rate derivative transactions in India, undertaken on recognized stock exchanges, electronic trading platforms (ETP) and Over-the-Counter (OTC) to the extent stated herein.

Companies (cost records and audit) Amendment Rules, 2018

December 3, 2018 9339 Views 0 comment Print

MCA notifies Companies (cost records and audit) Amendment Rules, 2018 to further amend Companies (cost records and audit) Rules, 2014.

Govt allows export of Gold idols (only gods and goddess) from DTA

November 30, 2018 1323 Views 0 comment Print

Para 4.32(i) of Chapter 4 of the Foreign Trade Policy 2015-20 is amended to allow export of Gold idols (only gods and goddess) of 8 carats and above (upto 24 carats) from domestic tariff area.

SEBI (Settlement Proceedings) Regulations, 2018

November 30, 2018 10167 Views 0 comment Print

(1) These regulations may be called the Securities and Exchange Board of India (Settlement Proceedings) Regulations, 2018. (2) They shall come into force on the 1st day of January 2019.

DGFT amends Import policy of gold-dore

November 30, 2018 1332 Views 0 comment Print

Central Government hereby amends import policy of gold-dore under HS code 7108 12 00 under ITC (HS), 2017 Schedule — I (Import Policy).

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