NewsTaxIndia, Author at NewsTaxIndia

CA Empanelment in West Bengal Forest Development Corporation Limited + 9 others

December 14, 2016 NewsTaxIndia0 comments1958 views

CA Empanelment News (Source pdicai.org) West Bengal Forest Development Corporation Limited Conduct Internal Audit of the Accounts Of The Corporation Including Its Divisions And Ranges For The Financial Year 2017-18. Bharat Sanchar Nigam Limited – Ahmedabad Gujarat Hiring of Tax consultancy service and Auditing Work … Continue Reading →

Income Tax

All Revised Returns after Demonetization will be Scrutinised

December 14, 2016 NewsTaxIndia0 comments1068 views

All Revised Returns after Demonetization will be Scrutinised to ascertain the correct income of the year and may also attract penalty/prosecution in appropriate cases as per provision of law. Under the existing provisions of Section 139(5) of the Income-tax Act, 1961 (‘Act’), Revised Return can … Continue Reading →

Goods and Service Tax

Ministry of Finance reiterate to meet the GST deadlines Rolled Out by 1 April 2017

December 14, 2016 NewsTaxIndia0 comments1056 views

Ministry of Finance reiterate to meet the GST deadlines Rolled Out by 1 April 2017 Report Card on GST Implementation; Government of India lost no time in implementing the GST so far; Discussions in GST Council have been very cordial and all decisions till now … Continue Reading →

Service Tax

Past Assessments in Indirect Taxes will not be Reopened for the Reason of increased turnover on account of use of Digital Means

December 14, 2016 NewsTaxIndia0 comments801 views

Past Assessments in Indirect Taxes will not be Reopened for the Reason of increased turnover on account of use of Digital Means No. 137/ 155 /2012-Service Tax( Part-I) Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Service Tax … Continue Reading →

Income Tax

CA certificate in Form 27BA in electronically shall be enabled w.e.f. 15-01-2017

December 14, 2016 NewsTaxIndia1 comments1014 views

Furnishing of CA certificate in Form 27BA in electronically shall be enabled w.e.f. from 15-01-2017: CBDT Notification 12/2016 , dated 8-12-2016 Procedure for the purposes of furnishing and verification of Form 27BA for removing of default of Short Collection and/or Non collection of Tax at Source – … Continue Reading →

Income Tax

CA certificate in Form 27BA in electronically shall be enabled w.e.f. 15-01-2017

December 14, 2016 NewsTaxIndia1 comments846 views

RBI

Banks have to preserve CCTV recordings of operations at bank branches and currency chests for the period from November 08 to December 30, 2016

December 13, 2016 NewsTaxIndia0 comments666 views

Banks have to preserve CCTV recordings of operations at bank branches and currency chests for the period from November 08 to December 30, 2016 RBI/2016-17/181 DCM (Plg) No. 1712/10.27.00/2016-17 December 13, 2016 The Chairman & Managing Director Chief Executive Officers All Banks Dear Sir, Preservation … Continue Reading →

RBI

Banks have to preserve CCTV recordings of operations at bank branches and currency chests for the period from November 08 to December 30, 2016

December 13, 2016 NewsTaxIndia0 comments753 views

Income Tax

Past Assessments Cannot Reopen on Ground that Current Year’s Turnover has Increased

December 12, 2016 NewsTaxIndia0 comments793 views

Past Assessments Cannot Reopen on Ground that Current Year’s Turnover has Increased: CBDT Circular No. 40/2016 dated 9th of December, 2016 Subject: – Directions under section 119 of the Income-tax Act, 1961-regd.- Recent initiatives of the Government to curb the black economy in the country … Continue Reading →

Public News

Government withdraws exemptions given for the use of Rs.500/- old notes

December 10, 2016 NewsTaxIndia0 comments647 views

Government withdraws exemptions given for the use of Rs.500/- old notes, from the mid night of December 9, 2016, for making payments at railway ticketing counters, ticket counters of Government or Public Sector Undertakings buses for purchase of tickets; For making payments to catering services … Continue Reading →