Following are the major highlights of the Hon’ble Supreme Court of India’s Judgement on Aadhar PAN Linkage: The Hon’ble Supreme Court of India in its Landmark Judgement has upheld Section139AA of the Income Tax Act,1961 as constitutionally valid which required quoting of the Aadhaar number in applying for PAN as well as for filing of… Read More »
DGFT creates GST Facilitation Cell for exporters DGFT has constituted a GST facilitation cell in DGFT Headquarters to assist and advice exporters , trade and industry for smooth transition from present regime to GST regime w.e.f. 1st July 2017.The GST facilitation cell is headed by Mr Nikunj Kumar Srivastava, Add DGFT and comprises two other… Read More »
Form GST TRAN 1 [ For GST TRAN 1 See Rule 117(1), Rule 118, Rule 119 & Rule 120 of CGST Rules 2017 ] Transitional ITC / Stock Statement [ Final GST TRAN 1 Form as per Final GST Transition Rules approved by GST Council 03.06.2017 ] Download GST TRAN 1 in PDF Copy and Print GST TRAN… Read More »
Summary : Any person who does not have a permanent account number and who enters into any transaction specified in rule 114B , he shall make a declaration in Form No.60 giving therein the particulars of such transaction either in paper form or electronically under the electronic verification code in accordance with the procedures, data… Read More »
MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 9th June, 2017 [Income-tax] S.O. 1866(E).—In exercise of the powers conferred by the third proviso to sub-section (2) of section 92C of the Income-tax Act, 1961 (43 of 1961)(hereinafter referred to as the ‘Act’), read with proviso to sub-rule (7) of rule 10CA of the… Read More »
BY WEB CIRCULATION Telephone: 26196236 FAX: 26189910 EMPLOYEE’s PROVIDENT FUND ORGANIZATION (Ministry of Labor, Govt. Of India) Head Office Bhavishyanidhi Bhawan, 14-Bhikaji Cama Palace, New Delhi- 110066. File No. IWU/7/(25)/2017/ Clarification reg. Para 83/5366 Dated: 08 June 2017. To, All Addl. C.P.F.Cs (Zones), All R.P.F.Cs –In Charge. Subject:-Definition of “International Worker” as given in Para… Read More »
GOVERNMENT OF ASSAM OFFICE OF THE COMMISSIONER OF TAXES ASSAM::::KAR BHAWAN DISPUR, GUWAHATI No. CT/GST-13/2017/2 Dated, Dispur, the 8th June, 2017 To, The Assistant Commissioner of Taxes/ Superintendent of Taxes, in charge (All Units) The Superintendent of Taxes, Check Posts (All) Subject- Guideline for Enrollment of GST Practitioner It is to inform you all that… Read More »
Master Direction – Information Technology Framework for the NBFC Sector RBI/DNBS/2016-17/53 Master Direction DNBS.PPD.No.04/66.15.001/2016-17 June 08, 2017 Master Direction – Information Technology Framework for the NBFC Sector In exercise of the powers conferred in terms of clause (b) of sub-section (1) of 45-L of the Reserve Bank of India Act, 1934 (Act 2 of 1934),… Read More »
RBI/2016-17/320 FIDD.CO.LBS.BC.No 31/02.01.001/2016-17 June 8, 2017 The Chairman and Managing Director/ Chief Executive Officer SLBC Convenor Banks Dear Sir, Aligning roadmap for unbanked villages having population more than 5000 with revised guidelines on Branch Authorisation Policy Please refer to the circular FIDD.CO.LBS.BC.No.82/02.01.001/2015-16 dated December 31, 2015 wherein SLBCs were advised to identify villages with population… Read More »
Recording of PPO Number in the passbook of Pensioners / Family Pensioners RBI/2016-17/319 DGBA.GBD.No.3235/45.01.001/2016-17 June 8, 2017 All Agency Banks Dear Sir / Madam Recording of PPO Number in the passbook of Pensioners / Family Pensioners As you are aware, it has been decided to record the PPO number in all the pension passbooks of… Read More »