Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNew Delhi, 6th July, 2016Subject: Applicability of Income Computation and Disclosure Standards (ICDS) notified under section 145 (2) of the Income -tax Act, 1961.
Central Board of Excise and Customs (CBEC) has issued a circular dated 04.07.2016 on the issue of ‘’Recovery of confirmed demand of tax during the pendency of stay application’’ in relation to indirect taxes. Confirmed demand
The Government has assured complete confidentiality to those declaring their income under the Income Declaration Scheme 2016.
Government Notifies Rules regarding Fair market value and reporting requirement for Indian concern - Indirect transfer provisions - section 9(1) of the Income-tax Act, 1961 Under section 9 of the Income-tax Act, 1961 (the Act), any income arising fr
Tax payers Survey got conducted by Central Board of Excise & Customs (CBEC) for garnering a feedback on impact that reforms undertaken during the last two years; Responses showed that 45% of the respondents saw an attitudinal change in senior fun
Due date for filing Quarterly TDS/TCS statement for Q1(April to June) of FY 2016-17 is July 31, 2016 for all the categories of Deductors/Collectors. Do submit quarterly TDS/TCS statement on or before due date to avoid late filing fee under section 23
Page 1 of 4Circular No. 24 of 2016F.No.142/8/2016-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes(TPL Division)***Dated 27th of June, 2016Clarifications on the Income Declaration Scheme, 2016The Income Decl
Prime Minister speaks on Income Declaration Scheme in Mann ki Baat The Honourable Prime Minister, Shri Narendra Modi, in his radio programme, Mann ki Baat aired on Sunday, 26th June, 2016, advised his countrymen about the benefits of declaring hithe
Circular No. 23/2016F.No.370142/17/2016-TPLGovernment of IndiaMinistry of FinanceDepartment of revenueCentral Board of Direct Taxes(TPL Division)Subject: Amendment in Section 206C of the Income-tax Act vide Finance Act 2016 In order to curb the cash
The Rule 114H of the Income-tax Rules, 1962 (the Rules) has been amended vide Notification No.48/2016 [S.O.2151(E)] dated 20th June 2016. In order to provide sufficient time to the reporting Financial Institutions for completing the due diligence pro
Master GSTR-9 and 9C with India's First Unique Live Course with Live practical training