Daily Archives: December 26, 2016

Online Filing of Returns by Exempted/Relaxed Establishments –EPFO clarify

By | December 26, 2016
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Employees’ Provident Fund Organisation (Ministry of Labour, Govt. Of India) Head Office Bhavishya Nidhi Bhawan, 14- Bhikaji Cama Place, New Delhi — 110066 www.epfindia.gov.in, www.epfindia.nic.in No. Exem/32(29)/2016/Misc./EPF Exemption Dashboard/16348 Date: 22 December 2016 To All Addl. Central P. F Commissioner (Zones), All Regional P F. Commissioner/OIC of Regional Offices. AD Regional P. F. Commissioner/OIC of… Read More »

Proof of Date of Birth for Passport – Attach any of following ( New Notification)

By | December 26, 2016
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MINISTRY OF EXTERNAL AFFAIRS NOTIFICATION New Delhi, the 23rd December, 2016 G.S.R. 1170 (E).— In exercise of the powers conferred by section 24 of the Passports Act, 1967 (15 of 1967), the Central Government hereby makes the following rules further to amend the Passports Rules, 1980, namely:- 1. (1) These rules may be called the… Read More »

Passport (Amendment) Rules 2016 Notified

By | December 26, 2016
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MINISTRY OF EXTERNAL AFFAIRS . NOTIFICATION New Delhi, the 23rd December, 2016 G.S.R.1171 (E).—In exercise of the powers conferred by section 24 of the Passports Act, 1967 (15 of 1967), the Central Government hereby makes the following rules further to amend the Passport Rules, 1980, namely:- (1) These rules may be called the Passport (Amendment)… Read More »

Exposure draft for Financial Reporting by Local Bodies

By | December 26, 2016
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Exposure draft of The Conceptual Framework for General Purpose Financial Reporting by Local Bodies along with consequential amendments in ASLB 17, ‘Property, Plant and Equipment’ – (26-12-2016) The Committee on Accounting Standards for Local Bodies (CASLB) was constituted as a separate Committee in March, 2005, with the main objective of formulating Accounting Standards for Local… Read More »

Interest Subvention Scheme for Short Term Crop Loans for FY 2016-17 -Grace period

By | December 26, 2016
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Interest Subvention Scheme for Short Term Crop Loans during the year 2016-17- Grant of grace period of 60 days beyond due date RBI/2016-17/194 FIDD.No.FSD.BC. 19/05.04.02/2016-17 December 26, 2016 To, The Chairman / Managing Director All Public & Private Sector Scheduled Commercial Banks Dear Sir/Madam Interest Subvention Scheme for Short Term Crop Loans during the year… Read More »

State Bank Secure OTP App – Change & Forgot mPIN and De-registering the app

By | December 26, 2016
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State Bank Secure OTP App – Change & Forgot mPIN and De-registering the app This video on State Bank Secure OTP App teaches you how to change your mPIN if you wish to keep a new mPIN or if you have forgotten your previous mPIN. Here you will also learn how to de-register from the… Read More »

Rs.25 crores demonetised currency Change fraud by Manager of Vaidyanath Cooperative Urban Bank

By | December 26, 2016
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Central Bureau of Investigation (India) Press Release New Delhi, 23.12.2016c The Central Bureau of Investigation has registered a case U/s 120B of IPC r/w 420, 406, 409, 477A & 13(2) r/w 13(1)(d) of PC Act, 1988 & substantive offences against a private person, resident of ChinchwadGaon, Pune; a Manager & two others working in Vaidyanath… Read More »

GST – Preview of Return and Payment Modules – Prototype Shared GST Portal India

By | December 26, 2016
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Dear Taxpayer / Tax Professional, 1. After the successful launch of GST Portal (gst.gov.in) on 8th, Nov ’2016 the enrolment process of existing taxpayers was started on the same day. GSTN has created a prototype for various return forms, payment challan etc. A preview of the same is being shared through this pdf document with… Read More »

No disallowance for TDS default when TDS imposed by retro-amendment

By | December 26, 2016
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Held The taxability of a sum in the hands of the recipient on account of a subsequent retrospective amendment would not expose the payer of income to an impossible situation of requiring deduction of tax at source on the anterior date of payment of such income. Thus, on this count also, assessee cannot be held… Read More »

No TDS u/s Sec. 194J in case of transmission of electricity

By | December 26, 2016
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Held The provisions of Section 194J of the Act was not attracted in present case and the assessee was not liable to deduct the tax at source from the payments of transmission charge made by it to the KPTCL and SLDC and therefore, the additions made by the assessing authority in the returned income of… Read More »