Monthly Archives: February 2017

Expert’s talk on GST law in India

By | February 17, 2017

Expert’s talk on GST law in India Published on Feb 17, 2017 Panel Discussion led by Sachin Menon, KPMG, India. Panelists: Prashant Deshpande, India – Bhavna Doshi, India – Bela Sheth Mao, India – Rohan Shah, India

Category: GST

Income Tax Notice u/s 143(2) invalid as issued by ACIT instead of ITO

By | February 17, 2017

IN THE ITAT KOLKATA BENCH ‘D’ Krishnendu Chowdhury v. Income-tax Officer, Ward-1 WASEEM AHMED, ACCOUNTANT MEMBER AND S.S. VISWANETHRA RAVI, JUDICIAL MEMBER IT APPEAL NO. 1153 (KOL.) OF 2015 [ASSESSMENT YEAR 2010-11] NOVEMBER  18, 2016 Mahadeb Ghosh, Advocate for the Appellant. Md. Ghayas Uddin, JCIT – DR for the Respondent. ORDER Waseem Ahmed, Accountant Member… Read More »

No Service tax on services of transportation of goods intended for transshipment by vessel to country Outside India

By | February 17, 2017

Applicability of service tax on the services by way of transportation of goods by a vessel from a place outside India to the customs station in India w.r.t. goods intended for transshipment to any country outside India Circular No.204/2/2017-Service Tax F.No.354/42/201 6-TRU Government of India Ministry of Finance Department of Revenue (Tax Research Unit) *****… Read More »

U.S. Master Tax Guide 2017

By | February 17, 2017

U.S. Master Tax Guide 2017 CCH’s U.S. Master Tax Guide – Hardbound Edition provides helpful and practical guidance on today’s federal tax law. This 100th Edition reflects all pertinent federal taxation changes that affect 2016 returns and provides fast and reliable answers to tax questions affecting individuals and business income tax. 1008 pages Publisher: Cch… Read More »

How to attempt CA IIPC Paper-2: Business Laws, Ethics and Communication ? Explained via video

By | February 17, 2017

IIPC Paper-2: Business Laws, Ethics and Communication on 17.02.2017 Online Mentoring Session by CA. Shraddha Saxena and Ms. Megha Goel Watch Video by ICAI Related Post for CA Inter Exam Books CA inter Exam Books CA Inter IPCC Exam Books   Accounting Standards Book for CA Inter IPCC by DS Rawat   A Handbook on… Read More »

Payment of Wages (Amendment) Act 2017 Notified w.e.f 28.12.2016

By | February 17, 2017

MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi,the 16th February, 2017/Magha 27, 1938 (Saka) The following Act of Parliament received the assent of the President on the 15th February, 2017, and is hereby published for general information:— THE PAYMENT OF WAGES (AMENDMENT) ACT, 2017 NO. 1 OF 2017 [15th February, 2017] An Act further… Read More »

History of Direct Taxation​ In India

By | February 17, 2017

History of​ Taxation Pre – 1922 “It was only for the good of his subjects that he collected taxes from them, just as the Sun draws moisture from the Earth to give it back a thousand fold” ––Kalidas in Raghuvansh eulogizing KING DALIP. It is a matter of general belief that taxes on income and wealth… Read More »

Last date for submission of CAG empanelment Extended

By | February 17, 2017

Extension of the Last date for submission of online application for empanelment of Chartered Accountants firms/LLPs with O/o C&AG for the year 2017-18. – (15-02-2017) Considering the difficulties faced by Chartered Accountant firms/LLPs in submitting the online empanelment for audit of PSUs for the year 2017-18, the office of C&AG at the request of ICAI… Read More »

RBI updated FAQs on Foreign Investments in India

By | February 17, 2017

Foreign Investments in India (Updated as on February 13, 2017) These FAQs attempt to put in place the common queries that users have on the subject in an easy to understand language. However, for conducting a transaction, the Foreign Exchange Management Act, 1999 (FEMA) and the Regulations made or directions issued thereunder may be referred… Read More »