Ministry of Finance Measures to Recover Loan Amount from NPAs Posted On: 24 JUL 2018 4:00PM by PIB Delhi Asset Quality Review (AQR) carried-out in 2015 for clean and fully Provisioned Bank Balance-Sheets revealed high incidence of Non-Performing Assets (NPAs). Expected losses on stressed loans, not provided for earlier under flexibility given to restructured loans,… Read More »
Ministry of Finance Indian Money in Swiss Bank Posted On: 24 JUL 2018 4:00PM by PIB Delhi Swiss authorities have shared the following information regarding the Swiss National Bank (SNB) figures quoted in the media “The figures published by the SNB are regularly mentioned in the Indian media as a reliable indicator of the amount… Read More »
Ministry of Finance Profit, losses, GNPAs of Public Sector Banks Posted On: 24 JUL 2018 4:06PM by PIB Delhi Asset Quality Review (AQR) carried-out in 2015 for clean and fully provisioned bank balance-sheets revealed high incidence of NPAs. Expected losses on stressed loans, not provided for earlier under flexibility given to restructured loans, were reclassified… Read More »
Ministry of Finance Identification of Benami Properties Posted On: 24 JUL 2018 4:01PM by PIB Delhi Prohibition of Benami Property Transactions Act 1988 as amended by the Benami Transaction (Prohibition) Amendment Act, 2016 seeks to prohibit the Benami Transactions irrespective of the method by which the Benami Property is acquired. Such Benami Transactions include transactions in respect of movable as well as immovable… Read More »
FORM 3CD [for Form 3CD See rule 6G(2) of Income Tax Rules ] Statement of particulars required to be furnished under section 44AB of the Income-tax Act, 1961 PART – A Summary of Form 3CD Form 3CD is amended by Notification No 33/2018 Dated 20.07.2018: (Tax Audit Report Form 3CD Amended by CBDT w.e.f 20.08.2018). Here we… Read More »
HIGH COURT OF BOMBAY Akshar Developers v. Assistant Commissioner of Income-tax, Central Circle-3, Thane M.S. SANKLECHA AND SANDEEP K. SHINDE, JJ. WRIT PETITION NO. 11441 OF 2017 JUNE 7, 2018 Ms. Ritika Agarwal, and Salman Balbale, Adv. for the Petitioner. Sham Walve, Adv. for the Respondent. JUDGMENT 1. Ms. Agarwal, Learned Counsel appearing for the petitioner seeks to amend the petition by… Read More »
Andhra Bank NEFT Form Download ANDHRA Bank NEFT Application Form in PDF Format , AB Xpress NEFT form, Download ANDHRA Bank NEFT Form in PDF Format, Download ANDHRA Bank NEFT Form in PDF Format, Download Latest & Updated ANDHRA Bank NEFT Form in PDF format, Request form of NEFT for ANDHRA Bank, Download ANDHRA Bank Electronic Remittance Transaction Initiation Voucher… Read More »
New Income Tax News 24.07.2018 New Income Tax News New Income Tax News Notification No 33/2018 : Tax Audit Report Form 3CD Amended by CBDT CBDT CIRCULAR No 4/2018 : Income Tax Return Due date will not be extended How to Compute Tax on Profits of professionals on presumptive basis : Commentary on Section 44ADA… Read More »
New GST News 24.07.18 [ Join online GST Course by CA Satbir Singh ] New GST News Govt Proposal to allow e-way bill only if Vehicle is Fit Total budget outlay of ‘ SevaBhojYojna ’ scheme for GST Refund for FY 2018-19 and 2019-20 28th GST Council Meeting Key takeaway 28th GST Council Meeting Decisions… Read More »
Notification No 33/2018 Dated 20.07.2018 Summary of Notification No 33/2018 : Tax Audit Report Form 3CD Amended The Central Board of Direct Taxes (CBDT) has revised the Form no. 3CD. Various changes have been made in the form such as reporting of gifts chargeable to tax, particulars of payment in amount exceeding limit specified in… Read More »