NewsTaxIndia

Revised Double Taxation Avoidance Agreement between India and Korea

October 27, 2016 NewsTaxIndia0 comments802 views

New Revised Double Taxation Avoidance Agreement (DTAA) between India and Republic of Korea comes into force with effect from 12th September, 2016; Will have effect in India in respect of income derived in fiscal years beginning on or after 1st April, 2017. A new revised … Continue Reading →

Income Tax

Revised Double Taxation Avoidance Agreement between India and Korea

October 27, 2016 NewsTaxIndia0 comments1058 views

Customs

CBEC Circular On Clearance of Import of Metal Scrap Procedure

October 27, 2016 NewsTaxIndia0 comments1247 views

CBEC Circular On Clearance of Import of Metal Scrap Procedure Subject:- Clearance of import of metal scrap-Procedure-regarding. I am directed to say that the following Circulars have been issued relating to the procedure for clearance of imported metal scrap namely:- (i) 56/2004-Cus. dated 18.10.2004, (ii) 02/2005-Cus. dated … Continue Reading →

Customs

CBEC Circular On Clearance of Import of Metal Scrap Procedure

October 27, 2016 NewsTaxIndia0 comments1815 views

RBI

RBI Public Notice Circulation of fake Currency Notes

October 27, 2016 NewsTaxIndia0 comments774 views

Circulation of Fake Currency Notes – Public Notice It has come to our notice that unscrupulous elements are putting into circulation Fake Indian Currency Notes of higher denominations in the course of normal transactions, taking advantage of the gullible and unsuspecting nature of some members of … Continue Reading →

Income Tax

Intimation u/s 143(1) for AY 2014-2015, 2013-2014 and 2012-2013 can be issued upto 31-03-2017

October 26, 2016 NewsTaxIndia0 comments185641 views

Issue of Intimation under section 143(1) of Income-tax Act, 1961 beyond the prescribed time in non-scrutiny cases-reg.- …It has come to notice that some returns-of-income having ‘claim of refund’ pertaining to Assessment Years 2014-2015, 2013-2014 and 2012-2013 were not processed within the time-frame … Continue Reading →

Income Tax

CBDT Releases data of Income Tax Return for AY 2013-14 and AY 2014-15

October 26, 2016 NewsTaxIndia0 comments874 views

CBDT releases data relating to Income Tax Return Statistics for Assessment Years (AY) 2013-14 & 2014-15; Reports containing the data are available at www. incometaxindia.gov.in Central Board of Direct Taxes (CBDT) had proactively released in April, 2016 time-series data relating to direct tax collections, number … Continue Reading →

Income Tax

Prohibition of Benami Property Transactions Rules, 2016

October 26, 2016 NewsTaxIndia0 comments1834 views

Prohibition of Benami Property Transactions Rules, 2016 CBDT Notification No. 99/2016, Dated: October 25, 2016 G.S.R. 1004(E). – In exercise of the powers conferred by section 68 of the Prohibition of Benami Property Transactions Act, 1988 (45 of 1988), the Central Government hereby makes the following rules, … Continue Reading →

Empanelment

CA Firm Empanelment at Bank Of Baroda – Mumbai Maharashtra + 4 others

October 26, 2016 NewsTaxIndia0 comments919 views

CA Firm Empanelment at Bank Of Baroda – Mumbai Maharashtra + 4 others Maharashtra Prathamik Shikshan Parishad Appointment of an Internal Auditor for Internal Audit of Accounts of SSA, NPEGEL and KGBVin the Districts of Maharashtra State for the Financial Year 2016-2017. Madhya Pradesh Power … Continue Reading →

Income Tax

CBDT Issued Certificates of Appreciation to Tax Payers

October 26, 2016 NewsTaxIndia0 comments798 views

CBDT issues second round of Certificates of Appreciation to another 10.15 lakh tax payers for their contribution towards Nation building The Union Finance Minister Shri Arun Jaitley, had personally handed-over the Certificates of Appreciation to a few individuals at North Block in the national capital … Continue Reading →