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Do not share or Publish personal details of taxpayer: CBDT

April 25, 2017 4077 Views 0 comment Print

It is requested that any act of publishing personal identity or information i.e. Aadhaar number and demographic details along with personal sensitive Information such as bank details, in contravention of the Aadhaar Act 2016 and the Information Technology Act, 2000 be refrained with immediate effect.

Six Things you should know about the Finance Act 2017

April 24, 2017 13896 Views 2 comments Print

Here are 6 key takeaways from the Finance Act 2017 that you must know: 1. Change in Rate of Slab Rates 2. Reduction in Benefit U/s 87A 3. TDS on Rent paid by Individual 4. Change in Capital Gains 5. Ceiling on Cash Transaction 6. Digital Payments in Presumptive Taxation

Prescribe generic drugs or face disciplinary action: MCI to Doctors

April 21, 2017 3786 Views 0 comment Print

Every physician should prescribe drugs with generic names legibly and preferably in capital letters and he/she shall ensure that there is a rational prescription and use of drugs.

Guidelines on Charging of Service Charges by Hotels / Restaurants

April 21, 2017 21543 Views 2 comments Print

A component of service is inherent in provision of food and beverages ordered by a customer. Pricing of the product therefore is expected to cover both the goods and service components.

RTI Information cannot be denied under the excuse of Missing file

April 20, 2017 7227 Views 0 comment Print

The complainant sought details with regard to the file notings of all corresponding papers of file no. DGE&T-A-32013/1/1996-Adm-II. The CPIO replied by stating the concerned file was not traceable. First appeal was filed. The FAA vide his Order dater 11.08.2015

GST: Lots of ground to be covered before implementation

April 18, 2017 18579 Views 5 comments Print

Any hurry in implementing the GST, without giving proper time to the trade and industry, would result in lot of litigation and chaos. Some of the issues which are not yet settled in the Acts, draft rules are listed hereunder, which hamper the preparation at the end of taxable person and implementation of GST from 01.07.2017 would be difficult, without early resolution to these issues.

Ceremonial Gifting of ‘Sword’ to A Dignitary in Gurudwara is not an offence

April 18, 2017 1533 Views 0 comment Print

Carrying of sharp edged weapons with a blade more than 6 inches long or 2 inches wide and spring actuated knives with a blade of any size is prohibited and that too carrying of such blades in public places. Gurudwara, though is open to public, is not a public place, it is a private place where there is Prakash of Gurugranth Sahib.

Surgical strike on cash- accepting cash of Rs. 2 Lakh and more is an offence now- Section 269ST

April 18, 2017 27186 Views 7 comments Print

In India, the quantum of domestic black money is huge which adversely affects the revenue of the Government creating a resource crunch for its various welfare programmes. Black money is generally transacted in cash and large amount of unaccounted wealth is store and used in form of cash.

CIC Disposes 1,282 RTI Appeals by a single Order

April 18, 2017 11658 Views 0 comment Print

The present set of Appeals (1282 in number) arise out of RTI Applications filed by the Appellant against different Commands of Indian Air Force and it has been decided to adjudicate upon the Appeals by putting same subject matters under one head (which may or may not have the same date of RTI Application) and have been listed for hearings in different bunches.

Collect Form 12BB from employees -Recent changes in Salary return-Form 24Q

April 18, 2017 68067 Views 15 comments Print

CBDT had in its Finance Act, 2015 had introduced a new section 192(2D) of the Income-tax Act, (‘the IT Act’) wherein the person responsible for making payment of salary (employer) was obliged to collect the necessary evidence or proof in Form 12BB to allow any claim for any deduction and/or tax saving investments.

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