Daily Archives: June 19, 2017

Carry Forward of unutlized ITC on Capital Goods under GST

By | June 19, 2017

Carry Forward of unutlized ITC on Capital Goods under GST As per Section 140 of CGST Act and Rule 1(2) of Final GST Transition Rules approved by GST Council on 03.06.2017 Un-Utilized Cenvat Credit on Capital Goods can be Utilized as ITC Under GST. Already Utilized portion of Cenvat Credit shall be Specified in the Form… Read More »

Interest & Dividend reporting of Custodial Accounts- Rule 114G(1)(e) of Income Tax Rules, 1962

By | June 19, 2017

Securities and Exchange Board of India CIRCULAR CIR/HO/MIRSD/MIRSD2/CIR/P/2017/59 June 15, 2017 To, All Recognized Depositories 2. Depositories Participants (DPs) through Depositories 3. Registrars to an Issue and Share transfer agents (RTAs) Dear Sir/ Madam, Sub: Interest and Dividend information reporting in case of Custodial Accounts- Rule 114G(1)(e) of the Income Tax Rules, 1962 1. This… Read More »