Monthly Archives: March 2017

Illegal business Loss is allowed as Business expenses

By | March 14, 2017

HIGH COURT OF GUJARAT Rama Natha Gadhavi v. Income-tax Officer K.S. JHAVERI AND K.J. THAKER, JJ. TAX APPEAL NO. 505 OF 2009 DECEMBER  4, 2014 R.K. Patel, Adv. for the Appellant. Pranav G. Desai, Adv. for the Respondent. JUDGMENT K.S. Jhaveri, J. – This is an appeal by the appellant-assessee, seeking to challenge the order… Read More »

Footwear Design and Development Institute Bill 2017 – Download/Print

By | March 14, 2017

THE FOOTWEAR DESIGN AND DEVELOPMENT INSTITUTE BILL, 2017 Bill No. 45 of 2017 Date of Introduction : 14/03/2017  (Lok Sabha) to establish and declare the Footwear Design and Development Institute as an institution of national importance for the promotion and development of quality and excellence in education, research and training in all disciplines relating to… Read More »

Presentation -PPT-on Pradhan Mantri Garib Kalyan Yojana 2016

By | March 14, 2017

Pradhan Mantri Garib Kalyan Yojana, 2016 Download Presentation -PPT-on Pradhan Mantri Garib Kalyan Yojana 2016 Related Post on PMGKY 2016 Particulars Notification No Date New Taxation Bill to Tax undisclosed Income received assent of President ,  Taxation Laws (Second Amendment) Act, 2016..   15.12.2016 Pradhan Mantri Garib Kalyan Deposit Scheme 2016 S.O. 4061(E). 16.12.2016 Amendment… Read More »

Free E Book – ” Compliances of Service Tax in Banking Sector “

By | March 14, 2017

“Compliances of Service Tax in Banking Sector” Dear Professional Colleagues, Service tax on Banking and other financial services was imposed w.e.f.16-07-2001. The taxation of services has also undergone a paradigm shift from positive list to negative list in the year 2012. Post implementation of taxation of services based on negative list, service tax compliance has… Read More »

Inter-state River Water Disputes (Amendment) Bill 2017 introduced in Lok Sabha

By | March 14, 2017

Inter-state River Water Disputes (Amendment) Bill, 2017 introduced in Lok Sabha A Revolutionary step: Uma Bharti Union Minister of Water Resources, River Development and Ganga Rejuvenation Sushri Uma Bharti introduced Inter-State River Water Disputes (Amendment) Bill, 2017 in Lok Sabha today. Introducing the Bill the Minister called it a “Revolutionary step” towards the resolution of… Read More »

Service Charges by hotels and restaurants are Discretionary/ Voluntary

By | March 14, 2017

Service Charges are Discretionary/ Voluntary: Ministry of Consumer Affairs, Food and Public Distribution The Ministry of Consumer Affairs, Food and Public Distribution has issued advisory to all the State Governments/UTs to sensitise the companies, hotels and restaurants in the state regarding the relevant provisions of the Consumer Protection Act, 1986 on unfair trade practices. It… Read More »