GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS NEW DELHI Notification No. 48/2016-Customs Dated: September 08, 2016 G.S.R. (E) In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government being satisfied that it is necessary… Read More »
F. No. 354/122/2016 –TRU GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS NEW DELHI Notification No. 34/2016-Central Excise Dated: September 08, 2016 G.S.R. (E) In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, being satisfied… Read More »
MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 8th September, 2016/Bhadra 17, 1938 (Saka) The following Act of Parliament received the assent of the President on the 8th September, 2016, and is hereby published for general information:— THE TAXATION LAWS (AMENDMENT) ACT, 2016 (NO. 47 OF 2016) [8th September, 2016.] An Act further… Read More »
F.No. 279/Misc./M-77/2011-ITJ Government of India Ministry of Finance Department of Revenue Central Board Direct Taxes (A&J Division) Instruction No. 6/2016 New Delhi, the 7th September, 2016 Sub: Guidelines for engagement of Special Public Prosecutors (SPPs) to represent the Income Tax Department before Courts of Session and its subordinate Courts; revision of their schedule of fees… Read More »
F No 279/Misc./M-75/201 1-ITJ (Part-II) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Instruction No. 7/2016 New Delhi the 7th September, 2016 To All Principal Chief Commissioners of Income-tax Sub: Revision of the Guidelines for engagement of Standing Counsels to represent the Income-tax Department before High Courts and other… Read More »
Centralized Processing Cell (TDS) has communicated by an advisory that many times intimations sent to TDS deductors not get delivered / served as the address mentioned in the TDS statement filed by Deductor is either not correct or dedutor failed to provide complete postal address while filing his statements. In view of this deductors are advised… Read More »
The Mega Exemption Notification 25/2012, entry no. 5(a) provides exemption to: Services by a person by way of renting of precincts of a religious place meant for general public. Recently, the Ministry of Finance (Department of Revenue) vide Notification 40/2016 ST dated 06-09-2016, has amended the said entry 5(a), with the following: “Services by a… Read More »
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 9th September, 2016 Press Release Sub :- CBDT Extends due date for filing of Income Tax Returns – reg The due date for filing of Income tax returns by tax payers whose accounts are required to be audited under… Read More »
The Income Declaration Scheme, 2016 – Reserve Bank of India(RBI) requested to issue instructions to banks to allow payment of tax under the Scheme in cash and to allow deposit of cash over the counter. The Income Declaration Scheme, 2016 provides an opportunity to persons who have not paid full taxes in the past to… Read More »
The government may be looking at relaxing some rules in the goods and services tax (GST) framework that could make life little easier for banks NBFCs and insurance companies, people in the know said. In the revised model law set to be released in the first week of October, two main changes-single registration and centralised… Read More »