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Monthly Journal
Monthly Journal covers articles on important topics, due dates, notifications/circulars/press releases/etc of the preceding month. It covers Income Tax, GST, Service Tax, Excise Duty, Custom Duty, Company Law, SEBI, RBI, Labour Law, IRDAI & Miscellaneous. Sample copy of May, 2017 is attached herewith for reference purpose. Sample Copy Available. To subscribe: Click Here
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It covers Income Tax, GST, Service Tax, Excise Duty, Custom Duty, Company Law, SEBI, RBI, Labour Law, IRDAI & Miscellaneous. To Subscribe: Click Here
Income Tax
DRI Strikes Against Black Money – Recovers about Rs.50 Crores of Demonetized Currency
Sleuths of the Directorate of Revenue Intelligence (DRI), a pioneer Intelligence Agency of the Government of India, zeroed in on an office premises at Bharuch in Gujarat State and recovered about Rs. 48.91 crores of demonetised currency in Rs. 500 and Rs.1,000 denomination currency notes. Acting on the specific intelligence, the officers of DRI, Surat, assisted by the officers of CGST Vadodara-II raided a premises of M/s Yamuna Building Material, GIDC Panoli, Bharuch and recovered Specified Bank Notes (demonetized Rs 1,000 and Rs 500 currency notes) of face value of Rs. 48,90,96,000/-(Forty Eight Crore [..] Read more at:
CBDT further extends the time for Linking PAN with Aadhaar from 31st December 2017 to 31st March 2018
F .No.225/270/2017/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North-Block, ITA.II Division New Delhi, dated the 8th of December, 2017 Order under Section 119 of the Income-tax Act, 1961 Under the provisions of recently introduced section 139AA of the Income-tax Act, 1961 (‘Act’). with effect from 01.07.2017, all taxpayers having Aadhaar Number or Enrolment Number are required to link it with PAN Number for filing the tax return. The said provision was relaxed by the Central Board of Direct Taxes (‘CBDT’) vide its order(s) dated 31.07.2017 & 31.08.2017, in file of [..] Read more at:
ICAI
Announcement – Reservations in CA course
ANNOUNCEMENT The Institute has come across certain messages that are being aired in social media that some persons have approached to the Court of Law seeking direction to the Institute for making provisions for reservation in the Chartered Accountancy course. In this regard, it is hereby informed that as per the information available with the Institute, no such case has been instituted in any Court of Law by any person seeking direction to the Institute for making provision for reservation in Chartered Accountancy course as no notice has been received by the Institute till date. The general public is hereby advised [..] Read more at:
http://www.onlinelawsolutions.com/index.php/2017/12/11/announcement-reservations-in-ca-course/
Miscellaneous News
Subramanya Bharathi wanted India to break narrow domestic walls: Vice President
Addresses Birthday Celebrations of Subramanya Bharathi The Vice President of India, Shri M. Venkaiah Naidu has said that Subramanya Bharathi, like Guru Dev Rabindranath Tagore, wanted India to break the narrow domestic walls. He was addressing the gathering at the Birthday Celebrations of great national poet Subramanya Bharathi, in Chennai today. The Governor of Tamil Nadu, Shri Banwarilal Purohit and other dignitaries were present on the occasion. The Vice President said that ‘Bharathi’ was the title given to this great luminary, so was the title of ‘Mahakavi’. Both signify his extraordinary [..] Read more at:
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