GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE PUBLIC NOTICE No. 68/2015-2020 NEW DELHI, DATED THE 22 March, 2018 Subject: Amendments in Handbook of Procedures 2015-20- reg. In exercise of powers conferred under Paragraph 1.03 of the Foreign Trade Policy 2015-2020, as amended from time to time, the Director General of Foreign Trade makes the… Read More »
Whether certain receipts by co-operative societies, from its members i.e. non-occupancy charges, transfer charges, common amenity fund charges and certain other charges, are exempt from income tax based on the doctrine of mutuality. The challenge is based on the premise that such receipts are in the nature of business income, generating profits and surplus, having… Read More »
DUE DILIGENCE AND REPORTING REQUIREMENTS UNDER FOREIGN ACCOUNT TAX COMPLIANCE ACT (FATCA) AND COMMON REPORTING STANDARDS (CRS) CIRCULAR NO.IMD/FPIC/CIR/P/2018/53, DATED 21-3-2018 1. This is in continuation of SEBI circulars No. CIR/MIRSD/2/2015 dated August 26, 2015 and No. CIR/MIRSD/3/2015 dated September 10, 2015wherein SEBI has informed all intermediaries regarding due diligence and reporting requirements under Rules 114F to 114H of… Read More »
New Cost Inflation Index NOTIFIED COST INFLATION INDEX UNDER SECTION 48, EXPLANATION (V) – New cost inflation index for FY 2017-18 onwards As per Notification no. So 1790(e)[no. 44/2017 (f. No. 370142/11/2017-tpl)], dated 5-6-2017, following table should be used for the Cost Inflation Index for calculating long term capital gains for FY 2017-18 (AY 2018-19 ) onwards… Read More »
Request letter by Account Office in Letter Head (Letter should be signed & stamped by authorized signatory along with name and designation of authorized person) Ref No: Date: To Senior Vice President TIN Operations NSDL e- Governance Infrastructure Limited 1st Floor, Times Tower, Kamala Mills Compound Senapati Bapat Marg Lower Parel, Mumbai –… Read More »
GST New Notifications 23.03.2018 : GST News [Part 196] : TaxHeal.com
GST ITC 03 using Offline Utility 1. FAQs on FORM GST ITC-03 Offline Utility 1. What are the features of FORM GST ITC-03 Offline Utility? The Key Features of FORM GST ITC-03 Offline Utility are: The ITC-03 details can be prepared offline with no connection to Internet. Most of the data entry and… Read More »
GSTR 11 using Offline Utility 1. FAQs on GSTR-11 Offline Tool 1. What is form GSTR-11? GSTR-11 is to be filed by persons who have obtained Registration or assigned a Unique Identity Number (UIN). It is a statement of inward supply of goods or services or both. 2. When to file GSTR-11? UIN holder can… Read More »
Advisory for change in taxpayer type from SEZ to Regular or Regular to SEZ. 19/03/2018 Migrated taxpayers who have inadvertently selected themselves as SEZ, can send their requests to become regular on the email: reset.sezflag@gst.gov.in. Taxpayers who have not migrated as SEZ, can send their requests to become SEZ on the email : reset.sezflag@gst.gov.in. Please attach scanned copy… Read More »
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