Daily Archives: December 16, 2016

Notification No. 148/2016-CUSTOMS (N.T.) Dated 15.12.2016

By | December 16, 2016

Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No. 148/2016-CUSTOMS (N.T.)         New Delhi, 15th December, 2016 S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being… Read More »

Export warehousing-Extension of facility in Ahmedabad District of Gujarat

By | December 16, 2016

Circular No. 1051/39/2016-CX F. NO. 209/10/2013-CX.6 GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS North Block, New Delhi Dated the 15th of December, 2016 To, The Principal Chief Commissioners/ Chief Commissioners of Central Excise (All) The Director General (All) Sub: Export warehousing-Extension of facility in Ahmedabad District of… Read More »

Section 115BBE of Income tax Act after Taxation Law Amendment Act 2016

By | December 16, 2016

Section 115BBE of Income tax Act after Taxation Law Amendment Act 2016 115BBE. of Income Tax Act after Taxation Laws (Second Amendment) Act, 2016 received the Assent of President on 15.12.2016 [ Note-1 ] [Tax on income referred to in section 68 or section 69 or section 69A or section 69B or section 69C or section… Read More »

Processing of Income Tax Returns having Refund claim -CBDT enabled Functionality

By | December 16, 2016

Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) AST INSTRUCTION NO.142 DATED 9-12-2016 Functionality for processing of returns for AY 2007-08 to 2011-12 having refund claims which were not processed within the time allowed u/s 143(1) due to certain technical or other reasons Consequent to CBDT Instruction No. 18/2013… Read More »

Taxi policy guidelines , Committee allowed app based platforms for city Taxies

By | December 16, 2016

Committee on Taxi policy guidelines submits its report, says city taxies should be allowed to run on app based platforms.  The committee constituted by the Ministry of Road Transport and Highways to review issues relating to taxi permits and propose taxi policy guidelines to promote urban mobility has recommended that   city taxies should  be allowed… Read More »

New Taxation Bill to Tax undisclosed Income received assent of President , Notified 15.12.2016

By | December 16, 2016

Taxation Laws (Second Amendment) Act 2016 The following Act of Parliament received the assent of the President on the 15th December, 2016, and is hereby published for general information:—  This Act may be called the Taxation Laws (Second Amendment) Act, 2016. [‘CHAPTER IXA covers TAXATION AND INVESTMENT REGIME FOR PRADHAN MANTRI GARIB KALYAN YOJANA, 2016 ]