Monthly Archives: March 2017

USA IRS Reminds Seniors to Remain on Alert to Phone Scams during Tax Season

By | March 24, 2017

IRS Reminds Seniors to Remain on Alert to Phone Scams during Tax Season WASHINGTON – With the 2017 tax season underway, the IRS reminds seniors to remain alert to aggressive and threatening phone calls by criminals impersonating IRS agents. The callers claim to be IRS employees, but are not. These con artists can sound convincing… Read More »

ICDS Clarification Issued by CBDT-25 FAQ -Circular No 10/ 2017 Dated 23.03.2017

By | March 24, 2017

F.No 133/23/2016-TM Government of India Ministry of Finance Department of Revenue Central Hoard of Direct Taxes (TPL Division) Circular No 10/ 2017 Dated 23.03.2017 Subject : Clarifications on Income Computation and Disclosure Standards (ICDS) Notified under Section 145(2) of the Income Tax Act 1961 Download PDF –  25 FAQ on ICDS Extract from Above Circular – 25… Read More »

EPFO allowed benefit of actual salary in Pension Fund exceeding wage limit

By | March 23, 2017

EMPLOYEES’ PROVIDENT FUND ORGANISATION No: Pension-I/12/ 33/EPS Amendment/96/ Vol.II/34007 Dated 23.03.2017 Allowing members of the Employees’ Pension Scheme, 1995 the benefit of the actual salary in the Pension Fund exceeding wage limit of either Rs. 5000 / – or Rs. 6500 per month from the effective date respectively as per the Hon’ble Supreme Court’s order… Read More »

No Tax Incentives to Apple in India

By | March 23, 2017

India Rejects Apple’s Key Demands on Tax Incentives India has not accepted ‘most of the demands’ on tax incentives that Apple Inc. had sought for establishing a manufacturing base in the South Asian nation, a senior official said, shifting focus to the rejection’s fallout on the iPhone-maker’s local assembly plans. Sources aware of the Cupertino,… Read More »

Amending India-Singapore DTAA notified

By | March 23, 2017

Third Protocol Amending India-Singapore DTAA notified today; Comes into force with effect from 27th February 2017 The Third Protocol amending India-Singapore Double Taxation Avoidance Agreement (DTAA) which was signed on 30th December, 2016, has come into force on 27th February 2017. The same has been notified in the Official Gazette today. The India-Singapore DTAA at… Read More »

Registration Act Book – Mulla – 13th Edition – 2016

By | March 23, 2017

The Registration Act Hardcover – 24 Jun 2016 by Mulla (Author) Key highlights of this book on Registration Act • This great work by Sir Dinshaw Fardunji Mulla is the most comprehensive and authoritative work on the Registration Act • This scholarly work illustrates and explains the provisions of the Act in a lucid, comprehensive and systematic… Read More »