Ministry of Finance 10-May, 2016 India and Mauritius sign the Protocol for amendment of the Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income and Capital Gains The Protocol for amendment of the Convention for the avoidance of double taxation and the prevention of fiscal… Read More »
Circular No.1029/17/2016-CX F.No. 267/33/2014-CX.8 Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs New Delhi, dated the 10th May, 2016 To The Principal Chief Commissioners/ Chief Commissioners/Principal Commissioners of Central Excise (All) The Principal Chief Commissioners/ Chief Commissioners/ Principal Commissioners of Central Excise & Service Tax (All) Webmaster Sub:… Read More »
GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI FINANCE (REVENUE-I) DEPARTMENT DELHI SACHIVALAYA, I.P. ESTATE, NEW DELHI 100 02 No. F.3(3)/Fin(Rev-I)/2016-17/dsvi/148 Dated the 09-05-2016 NOTIFICATION Whereas the Lt. Governor of the National Capital Territory of Delhi is of the opinion that it is expedient in the interest of general public so to do; Now, therefore, in… Read More »
GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI FINANCE (REVENUE-I) DEPARTMENT DELHI SACHIVALAYA, I.P. ESTATE, NEW DELHI 100 02 No. F.3(2)/Fin(Rev-I)/2016-17/dsvi/141 Dated the 06-05-2016 NOTIFICATION Whereas the Lt. Governor of the National Capital Territory of Delhi is of the opinion that it is expedient in the interest of general public so to do; Now, therefore, in… Read More »
Feedback on Arrear Demand Verification Portal – (10-05-2016) The Income Tax Department has launched an “Arrear Demand Verification Portal at https://incometaxindiaefiling.gov.in/ which can be accessed by the assessees with their respective user-id. This portal provides various options in the assessee’s dashboard for settling/modifying the outstanding demand against the assessee’s name. Since a substantial portion of… Read More »
The Institute of Chartered Accountants of India Guidance Note on Accounting for Real Estate Transactions (for entities to whom Ind AS is applicable) 1. Objective and Scope Objective 1.1 The objective of this Guidance Note is to recommend the accounting treatment by entities dealing in ‘Real Estate’ as sellers or developers. The term ‘real estate’… Read More »
Preparation of Panel of Chartered Accountants/Firms having experience for Forensic Auditing – (10-05-2016) Central Bureau of Investigation (CBI) has sought the help of the Institute of Chartered Accountants of India for investigation of important Forensic Audit assignments. Chartered Accountants firms having prior sufficient experience and expertise in forensic auditing may submit their details at the… Read More »
Steps to Reset Password /Forgot Password on Income Tax Website Reset Password Options Registered user can reset the password using one of the following options: 1. Answer Secret Question. 2. Upload Digital Signature Certificate 3. Using OTP (PINs) 4. Using AAdhaar Card OTP, 5. Ne t Banking Answer Secret Question To Reset Password… Read More »
Legal Heir Registration in e-Filing on incometaxindiaefiling.gov.in User should register as a Legal Heir to e-File on behalf of the deceased. Deceased person’s PAN and Legal Heir’s PAN should be registered in the e-Filing portal. If Deceased person PAN is not registered in the portal then the Legal Heir can register on behalf of the deceased… Read More »
e-Verify Income tax Returns List of Abbreviations Introduction Income Tax Return filed by the taxpayer is not treated as valid until it is verified by the taxpayer. In the existing process, taxpayer can verify the return using Digitally Signed Certificate or by sending signed ITR-V to CPC. As per Rule 12 vide Notification No. 41/2015,… Read More »