Monthly Archives: December 2016

3 Types of Supply Defined under Revised Model GST Law -be careful to avoid Litigation

By | December 18, 2016

Supply Concept under Revised Model GST Law Principal supply composite supply Mixed supply  “ Principal supply” means  the supply of goods or services which constitutes the predominant element of a composite supply and to which any other supply forming part of that composite supply is ancillary and does not constitute, for the recipient an aim… Read More »

Political party can’t accept donations in Old Rs 500 & 1000 notes Post Demonetization

By | December 18, 2016

Statement by Finance Minister Shri Arun Jaitley Following is the statement by Union Minister for Finance and Corporate Affairs Shri Arun Jaitley: “Political parties have not been granted any exemption post demonetisation and introduction of Taxation Laws (Second Amendment) Act, 2016 which came into force on 15th December, 2016. Income & Donations of political parties… Read More »

Scrutiny of Income-tax returns of political parties

By | December 17, 2016

Clarification of Status of Political Parties under Income Tax Act, 1961 There have been some newspaper reports which seem to wrongly suggest that there cannot be any scrutiny of Income-tax returns of political parties registered with the Election Commission in the context of deposits of old currency notes.  This inference seems to have been drawn… Read More »

Status of black money before/after Demonetization in India

By | December 17, 2016

GOVERNMENT OF INDIA MINISTRY OF FINANCE LOK SABHA STARRED QUESTION NO 433 ANSWERED ON: 16.12.2016 ANANT KUMAR DATTATREYA HEGDE Will the Minister of be pleased to state (a) whether the Government has made any assessment/estimation of the total amount of black money before/after implementation of the demonetisation in the country and if so, the details thereof; (b) the… Read More »

Honda to hike car prices by up to 3% from January 2017

By | December 17, 2016

Honda Cars India to increase prices across models December 16, 2016: Honda Cars India Ltd. (HCIL) today announced a proposed price increase on all its models of upto 3 percent. The revised prices will be effective from January 2017. Mr. Yoichiro Ueno, President and CEO, Honda Cars India Ltd. said, “Due to the increasing pressure on… Read More »

Tenders from CA Invited for Internal Audit of FY 2017-18 of West Bengal Forest Development Corporation Limited

By | December 17, 2016

West Bengal Forest Development Corporation Limited Last Date : Jan 24, 2017 Conduct Internal Audit of the Accounts Of The Corporation Including Its Divisions And Ranges For The Financial Year 2017-18. Address: West Bengal Forest Development Corporation Limited Aranya Bikash, KB-19, Sector-III, Salt Lake, Kolkata-700106

BSNL Ahmedabad tender for hiring CA / Cost Accountants /Tax practitioners

By | December 17, 2016

E O I for hiring of Tax consultancy service and Auditing Work by Chartered Accountant/Cost Accountant for VAT, CST, WCT ,SERVICE TAX,INPUT CREDIT,CENVAT AND GST related works in B S N L Gujarat Telecom Circle for one year. Time and date of depositing of Tender / bid document.  14:00 Hrs of 27/12/2016 Tax consultancy services… Read More »