Notification & Circulars by Guest

Prohibition of Benami Property Transactions Rules, 2016

Notification No#99/2016-Income Tax 25 October 2016

MINISTRY OF FINANCE (Department of Revenue) Notification No. 99/2016-Income Tax New Delhi, the 25th October, 2016 G.S.R. 1004(E).—In exercise of the powers conferred by section 68 of the Prohibition of Benami Property Transactions Act, 1988 (45 of 1988), the Central Gover..

Posted in Income Tax

Taxability of the compensation received by the land owners for the land acquired under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013

Notification No#36/2016 25 October 2016

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ITA.II division, North Block, New Delhi, Circular No. 36/2016 Dated: 25th of October, 2016 Subject: Taxability of the compensation received by the land owners for the land acqu..

Posted in Income Tax

Rescinding the notification No. 66/1996

Notification No#130/2016-Customs (N.T.) 25 October 2016

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION-3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 130/2016-Customs (N.T.) New Delhi, dated the 25th October, 2016 G.S.R. (E).----In exercise ..

Posted in Custom

Notification No. 98/2016 [F. No. 149/144/2015-TPL (Part-II)] / S.O. 3289(E)

Notification No#98/2016 25 October 2016

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRYOF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF DIRECT TAXES) New Delhi, the 25th October, 2016 NOTIFICATION S.O. 3289(E).—In exer..

Posted in Income Tax

ATM/Debit Card Data Breach

Notification No#Oct 24, 2016 24 October 2016

The Reserve Bank of India convened a meeting today with senior officials from select banks, National Payment Corporation of India and card network operators to review the steps taken by various agencies to contain the adverse fall out of certain card details alleged to have been compromised. &nbs..

Posted in Others

Draft Rules for prescribing the method of valuation of fair market value in respect of the trust or the institution-Chapter XII-EB of the Income-tax Act, 1961

Notification No#370142/21/2016-TPL 24 October 2016

F. No. 370142/21/2016-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, dated 24th October, 2016 Subject: Draft Rules for prescribing the method of valuation of fair market value in respect of the trust or the institution-C..

Posted in Income Tax

Disclosures in case of listed insurance companies

Notification No#CIR/CFD/DIL/115/2016 24 October 2016

SECURITY & EXCHANGE BOARD OF INDIA CIRCULAR CIR/CFD/DIL/115/2016 October 24, 2016 To All issuers All Recognized Stock Exchanges Dear Sir / Madam, Sub: Disclosures in case of listed insurance companies 1. SEBI circular No. CIR/CFD/CMD/15/..

Posted in Shares & Stock

MVAT - Exemption from payment of Tax for oil company u/s 41(4)

Notification No#1515/ CR 84/Taxation 21 October 2016

FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated the 21st October 2016. NOTIFICATION MAHARASHTRA VALUE ADDED TAX ACT, 2002. No. VAT 1515/ CR 84/Taxation-1.—In exercise of the powers conferred by clause (a) of subsectio..

Posted in VAT

Rebate of State levies on Export of Garments-Implementation by CBEC

Notification No#47/2016 – Customs 20 October 2016

Circular No. 47/2016 – Customs F.No.605/42/2016-DBK (Pt.II) Government of India Ministry of Finance, Department of Revenue Central Board of Excise and Customs Drawback Division New Delhi, dated 20th October 2016 To All Principal Chief Commissioners / Pr..

Posted in Custom

Rate of exchange of conversion of the foreign currency with effect from 21st October, 2016

Notification No#127/2016 – Customs (N.T.) 20 October 2016

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 127/2016 – Customs (N.T.) New Delhi, dated the 20 October, 2016 In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1..

Posted in Custom