IRS Reminder: Use IRS.gov for Fast Answers as April 18 Deadline Nears IRS YouTube Videos: Interactive Tax Assistant – English | ASL Free Help Preparing Your Tax Return – English | Spanish | ASL WASHINGTON — With the tax deadline fast approaching, the Internal Revenue Service today reminded taxpayers that they can use IRS.gov to… Read More »
Guidelines on insurance e-commerce 07.04.2017 Insurance Regulatory and Development Authority of India (IRDAI) has issued guidelines on insurance e-commerce dated 9th March, 2017. The salient features of the guidelines are given below. IRDAI has informed that the guidelines issued by the Authority enable insurers and insurance intermediaries to set-up Insurance Self-Network Platforms (ISNP) to sell… Read More »
Taxmann’s Direct Taxes Manual (Set of 3 Volumes) & New Return Form -47th Edition 2017 Volume 1 – Acts Volume 2 – Rules Volume 3 Landmark Rulings ( 1922- February 2017) Direct Taxes Law Lexicon Circulars Clarifications & Notifications ( 1961-February 2017) Schemes/Models & Drafts FATCA Price Rs 4038. Click to buy online Hardcover:… Read More »
Reduction in Import Duty to stabilize the domestic prices The Government has reduced the import duty on many items in the recent months. In order to, inter alia, stabalise the domestic prices, the Government has reduced import duty on the following goods in the recent past: i. With effect from 23.09.2016, import duty on palm… Read More »
Department of Revenue, Ministry of Finance achieves phenomenal success towards eliminating Domestic Black Money in last three years; 23064 searches/surveys have been conducted (Income Tax 17525; Customs 2509; Central Excise 1913; Service Tax 1120); More than Rs. 1.37 Lakh Crore of tax evasion has been detected (Income Tax 69434; Customs 11405; Central Excise 13952; Service… Read More »
CGST Billl 2017 AS INTRODUCED IN LOK SABHA Bill No. 57 of 2017 THE CENTRAL GOODS AND SERVICES TAX BILL, 2017 Special audit. (1) If at any stage of scrutiny, inquiry, investigation or any other proceedings before him, any officer not below the rank of Assistant Commissioner, having regard to the nature and complexity… Read More »
CGST Billl 2017 AS INTRODUCED IN LOK SABHA Bill No. 57 of 2017 THE CENTRAL GOODS AND SERVICES TAX BILL, 2017 CHAPTER XIII AUDIT Audit by tax authorities. (1) The Commissioner or any officer authorised by him, by way of a general or a specific order, may undertake audit of any registered person for such… Read More »
Billl 2017 AS INTRODUCED IN LOK SABHA Bill No. 57 of 2017 THE CENTRAL GOODS AND SERVICES TAX BILL, 2017 Summary assessment in certain special cases. (1) The proper officer may, on any evidence showing a tax liability of a person coming to his notice, with the previous permission of Additional Commissioner or Joint Commissioner,… Read More »
CGST Billl 2017 AS INTRODUCED IN LOK SABHA Bill No. 57 of 2017 THE CENTRAL GOODS AND SERVICES TAX BILL, 2017 Assessment of unregistered persons. Notwithstanding anything to the contrary contained in section 73 or section 74, where a taxable person fails to obtain registration even though liable to do so or whose registration has… Read More »
CGST Billl 2017 AS INTRODUCED IN LOK SABHA Bill No. 57 of 2017 THE CENTRAL GOODS AND SERVICES TAX BILL, 2017 Assessment of non-filers of returns. (1) Notwithstanding anything to the contrary contained in section 73 or section 74, where a registered person fails to furnish the return under section 39 or section 45, even… Read More »