Daily Archives: June 22, 2016

No TDS on 7 Types of Payment to Banks : CBDT

By | June 22, 2016

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the Dated: 17th June, 2016 Notification No. 47/2016 INCOME TAX S.O. 2143(E).—In exercise of the powers conferred by sub-section (1F) of section 197A of the Income-tax Act, 1961 (43 of 1961) and in supersession of the notification of the Government of… Read More »

Exemption from DGFT licence to operate air transport services if permission from MCA

By | June 22, 2016

MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 20th June, 2016 No. 10 /2015-2020 Subject: Amendment in policy condition 1 (e) of Chapter 88 of ITC (HS), 2012 – Schedule – 1 (Import Policy). S.O. 2153(E).— In exercise of powers conferred by Section 3 of FT… Read More »

Annual Income limit notified for falling under jurisdiction of Lokpal

By | June 22, 2016

MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) NOTIFICATION New Delhi, the 20th June, 2016 S.O. 2155(E).—In exercise of the powers conferred by clause (g) of sub-section (1) of section 14 of the Lokpal and Lokayuktas Act, 2013 (1 of 2014) (hereafter in this notification referred to as the said Act),… Read More »

Reportable accounts rules & Form amended by CBDT

By | June 22, 2016

MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (Central Board of Direct Taxes) NOTIFICATION New Delhi, the 20th June, 2016 S.O. 2151(E).—In exercise of the powers conferred by section 285BA read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Government with respect to registration of persons, due diligence and maintenance of information,… Read More »