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Empanelment to act as observers in CA exam
16 March 2016 at 11:15ANNOUNCEMENTEMPANELMENT OF MEMBERS TO ACT AS OBSERVERS AT THE EXAMINATION CENTRESFOR THE CHARTERED ACCOUNTANTS EXAMINATIONSMAY/ JUNE 2016.It is proposed to empanel members to act as Observers for the forthcoming May/ June 2016 Chartered Accountants E
Real estate bill becomes a reality
16 March 2016 at 11:15Lok Sabha clears Real Estate Bill as passed by Rajya Sabha Shri Venkaiah Naidu clarifies various issues of the Bill Real Estate Bill is Prime Minister’s Gift to the Nation, says Shri NaiduThe Bill shall have a bearing on the ongoing projects an
New service tax return form notified
09 March 2016 at 16:44[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,SECTION 3, SUB-SECTION (i)]Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Excise and CustomsNew Delhi, the 8th March, 201618 Phalguna, 1937SakaNotification
TDS on payments by Television channels
09 March 2016 at 10:40Issue of clarification on contentious TDS issues on payments made by Television channels, Broadcasters and Newspapers With a view to bring about clarity in the interpretation of certain contentious issues relating to Tax Deduction at Source (TDS) on
Clarification regarding taxability of consortium members
09 March 2016 at 10:40Taxation of consortium of contractors formed to implement Engineering, Procurement and Construction (EPC) contracts/turn key projects has been a subject matter of dispute between Income-tax Department and the consortium. This has been particularly so
Tax Administration Reforms Commission
09 March 2016 at 10:40The Government has received the Report of Tax Administration Reforms Commission (TARC) headed by Dr. Parthsarathi Shome. The Report has four volumes containing a number of tax administration reforms. The broad recommendations inter-alia include chang
CBDT sets up a dedicated structure for monitoring of taxpayer services in IT dept
08 March 2016 at 11:01CBDT sets-up a Dedicated Structure for delivery and monitoring of Tax Payer Services in the Income Tax Department Grievance redressal is a major aspect of citizen centric governance and is an important feature of the activities of the Income Tax De
CBDT issues Revised Guidelines for stay of demand at the First Appeal Stage
04 March 2016 at 11:09CBDT issues Revised Guidelines for stay of demand at the First Appeal Stage; Decision of the Board to provide significant relief to the taxpayers in matters relating to grant of stay and recovery of demand by reducing arbitrariness in the disposal of
CBDT clarifies various provisions of the IT Act for reducing litigation
04 March 2016 at 11:09CBDT clarifies various provisions of the Income-tax Act for reducing litigation and easing burden of compliance The Central Board of Direct Taxes (CBDT) has taken a number of decisions to clarify the applicability of various provisions of the Incom
No change in the existing tax treatment of PPF after budget
01 March 2016 at 17:17Clarification about Changes made in the Tax Treatment for Recognised Provident Fund & National Pension System (NPS) There seems to be some amount of lack of understanding about the changes made in the General Budget 2016-17 in the tax treatment
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