Changes in Income Tax law wef 1-4-2017 (A) Limit for payment of expenses by cash (both, capital and revenue expenditure) reduced from Rs.20000 to Rs.10000 per day in aggregate per person. (B) No person shall receive an amount of 2 lakh rupees or more, by cash (Sec. 269ST). (C) For below Rs.2 crores turnover cases… Read More »
MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 29th March, 2017 G.S.R. 298(E).—In exercise of the powers conferred by section 5 read with sub-section (1) of section 7 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme further to amend the Employees’… Read More »
NOTIFICATION New Delhi, the 29th March, 2017 G.S.R. 299(E).— In exercise of the powers conferred by section 5 read with sub-section (1) of section 7 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme to amend the Employees’ Provident Funds (Seventh Amendment) Scheme,… Read More »
MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 27th March, 2017 S.O. 988(E).—In exercise of the powers conferred by clause (a) of section 54 of the Competition Act, 2002 (12 of 2003), the Central Government, in public interest, hereby exempts the enterprises being parties to – (a) any acquisition referred to in clause (a) of section… Read More »
MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 27th March, 2017 S.O. 989(E).—In exercise of the powers conferred by clause (a) of section 54 of the Competition Act, 2002 (12 of 2003), the Central Government, in public interest, hereby rescinds the notification of the Government of India in the Ministry of Corporate Affairs, S.O. 674(E), dated… Read More »
Circular no. 10/2017-Cus F. No. 609/24/2017-D5K Government of India Ministry of Finance, Department of Revenue Central Board of Excise & Customs Drawback Division New Delhi, dated the 30th March, 2017 To All Principal Chief Commissioners of Customs/Customs (Prev)/Customs & Central Excise, All Chief Commissioners of Customs/Customs (Prev)/Customs & Central Excise, All Principal Commissioners of Customs/Customs (Prev)/Customs… Read More »
Circular No. 09/2017 – Customs F.No. 711/07/2003-Cus (AS) Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs (Anti-Smuggling Unit) New Delhi, dated the 29th March, 2017 To All Principal Chief Commissioners/ Chief Commissioners of Customs/Customs (Preventive), All Principal Chief Commissioners/ Chief Commissioners of Customs & Central Excise. All Principal Directors… Read More »
ITBA-ITR Processing Instruction No. 1 DIRECTORATE OF INCOME TAX (SYSTEM) ARA Center, Ground Floor, E-2, Jhandewalan Extension, F.No. System/ITBA/I nstruction/ITR/112/2016-17 Dated: 30.03.2017 To The Principal Chief Commissioners of Income-tax/Pr DGsIT/ CCsIT/DGsIT (By Name) The Principal Commissioner of Income-tax/CsIT/CsIT(CO) (By Name) Subject: Launch of Income Tax Business Application (ITBA) – ITR Processing Module – Phase 1… Read More »
MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 30th March, 2017 G.S.R. 308(E).—In exercise of the powers conferred by sub-section (1) of section 467 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following further amendments to Schedule III of the said Act with effect from the date of publication… Read More »
MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 30th March, 2017 G.S.R. 307(E).—In exercise of powers conferred by section 143 read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Audit and Auditors) Rules, 2014,… Read More »