Monthly Archives: May 2017

Employees’ Deposit-Linked Insurance (Amendment) Scheme 2017

By | May 6, 2017

NOTIFICATION New Delhi, the 4th May, 2017 G.S.R. 438(E).—In exercise of the powers conferred by section 6C read with subsection (1) of section 7 of Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme further to amend the Employees’ Deposit-Linked Insurance Scheme, 1976, namely:- 1. (1)… Read More »

IRDAI -Revival Option under discontinued Unit Linked Policies

By | May 6, 2017

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA Circular Date: 5th May,2017 Ref No. IRDA/ACT/CIR/ULIP/113/05/2017 To, All CEOs of Life Insurance Companies Re: IRDA/ACTL/CIR/ULIP/174/08/2016 dated 26.08.2016- Revival Option under discontinued Unit Linked Policies It has come to the notice of the Authority that few insurers are interpreting the captioned circular in a manner which would delay… Read More »

MVAT – Cross Checking of Input Tax Credit Guidelines

By | May 6, 2017

O/o the Commissioner of Sales Tax 8th Floor, Vikrikar Bhavan, Mazgaon, Mumbai-400010 INTERNAL CIRCULAR NO.ACST (VAT)3/ITC/Cross Check/42/2017/B- 66  Mumbai, Date. 03rd May 2017 Internal Circular NO. 11A of 2017 Subject:- The Guidelines regarding Cross Checking of Input Tax Credit (ITC)   Reference: – 1. Trade Circular No. 22T of 2010 date:– 05/10/2010 2. Internal Circular 13A… Read More »

Nirbhaya case Judgment of Supreme Court -Mukesh & Anr Vs. State for NCT of Delhi & Ors. -Criminal Appeal Nos. 607-608 Of 2017

By | May 6, 2017

Supreme Court of India Mukesh & Anr Vs. State for NCT of Delhi & Ors.  Appeal Number : Criminal Appeal Nos. 607-608 Of 2017 Date of Judgement/Order : 05.05.2017 Relevant Extract of the Judgment 140. We are here concerned with the award of an appropriate sentence in case of brutal gang-rape and murder of a… Read More »

Black Money Counterfeits and Demonetisation -An Indian Experience by T.P. Ghosh -Taxmann

By | May 6, 2017

Black Money Counterfeits and Demonetisation -An Indian Experience by T.P. Ghosh This book is about the ubiquitous influence of corruption and tax evasion on accumulation of black money in India and menace of counterfeits in terrorist funding which accentuated Demonetisation 2016 in India. Scrolling through historical perspectives of demonetisation, it explores deficient administrative and legal framework… Read More »

Section 17 Rajashtan GST Act 2017 – Apportionment of credit and blocked credits

By | May 6, 2017

Section 17 Rajashtan GST Act 2017 Section 17 Rajashtan GST Act 2017 explains Apportionment of credit and blocked credits and is covered in Chapter V Input Tax Credit ( Note Rajashtan GST Act 2017 received the assent of the Governor on the 28th day of April 2017. Rajashtan GST Act 2017  make a provision for levy and collection of tax on… Read More »

Section 16 Rajashtan GST Act 2017- Eligibility and conditions for taking input tax credit

By | May 6, 2017

Section 16 Rajashtan GST Act 2017 Section 16 Rajashtan GST Act 2017 explains Eligibility and conditions for taking input tax credit and is covered in Chapter V Input Tax Credit ( Note Rajashtan GST Act 2017 received the assent of the Governor on the 28th day of April 2017. Rajashtan GST Act 2017  make a provision for levy and collection of… Read More »

Section 15 Rajashtan GST Act 2017 – Value of taxable supply

By | May 6, 2017

Section 15 Rajashtan GST Act 2017 Section 15 Rajashtan GST Act 2017 explains Value of taxable supply and is covered in Chapter IV Time and Value of Supply ( Note Rajashtan GST Act 2017 received the assent of the Governor on the 28th day of April 2017. Rajashtan GST Act 2017  make a provision for levy and collection of tax on… Read More »

Section 14 Rajashtan GST Act 2017- Change in rate of tax in respect of supply of goods or services

By | May 6, 2017

Section 14 Rajashtan GST Act 2017 Section 14 Rajashtan GST Act 2017 explains Change in rate of tax in respect of supply of goods or services and is covered in Chapter IV Time and value Of Supply ( Note Rajashtan GST Act 2017 received the assent of the Governor on the 28th day of April 2017. Rajashtan GST Act… Read More »