Daily Archives: May 31, 2016

Depository to maintain a wind-down plan :SEBI

By | May 31, 2016

GAZETTE OF INDIA EXTRAORDINARY PART – III – SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, MAY 27, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 27th May, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA (DEPOSITORIES AND PARTICIPANTS) (THIRD AMENDMENT) REGULATIONS, 2016 No. SEBI/ LAD-NRO/GN/2016-17/007- In exercise of the powers conferred by Section 30… Read More »

e verify Form 35 : user mannual

By | May 31, 2016

e-Verification User Manual For Form 35 e-Verify Form 35 (Individuals) e-Verify Form 35(other than Individuals) Electronic Verification Code (EVC) has been enabled for online filing of appeal before Commissioner (Appeal) in Form 35 for taxpayers not required to file using DSC. Related Post 1, Online filing of Appeal before CIT (appeals) enabled 2. How to e -file… Read More »

Amendment in Appendix -6H

By | May 31, 2016

Amendment in Appendix -6H {Procedure to be followed for reimbursement of Central Sales Tax (CST) on supplies made to Export Oriented Units (EOUs) and units in electronics Hardware Technology Park (EHTP) and Software Technology Park (STP) and ANF 7A {Application for claim of TED Refund / Duty Drawback/Brand Rate Fixation} as contained in teh Appendices… Read More »

Claim under MEIS for shipments, Single Application

By | May 31, 2016

GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE PUBLIC NOTICE NO. 13/2015-2020 Dated: May 27, 2016 Subject: Single application for filing claim under MEIS for shipments from different EDI Ports. In exercise of powers conferred under paragraph 2.04 of the Foreign Trade Policy, 2015-2020, the Director General… Read More »

Bad Debt allowed if written off as irrecoverable in books : CBDT

By | May 31, 2016

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NEW DELHI CIRCULAR NO. 12/2016, Dated: May 30, 2016 Subject:- Admissibility of claim of deduction of Bad Debt under section 36(1) (vii) read with section 36(2) of the Income-Tax Act, 1961- reg. Proposals have been received by the Central Board of… Read More »

Last date for Direct Tax Dispute Resolution Scheme 2016 notified

By | May 31, 2016

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION NO. 34/2016 New Delhi, the 26th May, 2016 S.O. 1902(E).– In exercise of the powers conferred by section 202 of the Finance Act, 2016 (28 of 2016), the Central Government hereby appoints the 31st day of December, 2016 as the date on or before which… Read More »

Direct Tax Dispute Resolution Scheme Rules 2016 Notified

By | May 31, 2016

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION NO. 35/2016 New Delhi, the 26th May, 2016 S.O. 1903 (E). – In exercise of the powers conferred by sub-sections (1) and (2) of section 211 of the Finance Act, 2016, (28 of 2016), the Central Government hereby makes the following rules, namely : 1.… Read More »

Equalisation levy applicability date notified by CBDT

By | May 31, 2016

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF DIRECT TAXES) NEW DELHI NOTIFICATION NO. 37/2016, Dated: May 27, 2016 S.O.1904(E). – In exercise of the powers conferred by sub-section (2) of section 163 of the Finance… Read More »

Equalisation levy Rules 2016 notified by CBDT

By | May 31, 2016

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 38/2016 New Delhi, 27th May, 2016 EQUALISATION LEVY RULES, 2016 S.O. 1905(E) – In exercise of the powers conferred by sub-section (1) and sub-section (2) of section 179 of the Finance Act, 2016 (28 of 2016), the Central Government… Read More »