Daily Archives: February 24, 2017

Setback to GST? States want e-permit to be flashed at borders

Goods and Services Tax (GST), the all-consuming tax reform which was promised to bring in seamless movement of goods across states may have developed a chink in its armour. The Centre, on the insistence of states, has brought in the need for an e-permit to be flashed at state borders. The move may threaten to… Read More »

Category: GST

CA Girish Ahuja Tips for Passing CA Exam

Ahmedabad Branch of WIRC of ICAI – 3rd Session of CA Girish Ahuja on 2nd December, 2016. Watch Video after  1.01 hour for Tips for CA Exam by Girish Ahuja Published on Feb 23, 2017 Ahmedabad Branch of WIRC of ICAI – 3rd Session of CA Girish Ahuja in “All Regional Students Conference for CA Students… Read More »

No TDS on Payment of lease premium for leasehold rights of 90 years u/s Sec. 194-I TDS

Held Question : what is the nature of the payments made towards lease. Do they constitute rent so as to attract Section 194-I? The court is of opinion that clearly these payments are not “rent”. That they are annual payments cannot be doubted. Yet, part of the payment is clearly capital in nature. Clause 1… Read More »

India and Israel Tax treaty update

India and Israel Tax treaty update A Protocol amending the income tax treaty (1996) between India and Israel has been “notified” in Notification No. 10/2017. Read a February 2017 report [PDF 348 KB] of KPMG

USA – IRS- Name Change? How It Impacts Taxes

Name Change? How It Impacts Taxes   A name change can have an impact on taxes. All the names on a taxpayer’s tax return must match Social Security Administration records. A name mismatch can delay a tax refund. Here’s what taxpayers should know if they changed their name: Reporting Name Changes. Got married and now using… Read More »

Indian Accounting Standards – IND AS – 2017 Edition Book by taxmann

Indian Accounting Standards (Ind AS) (2017 Edition) by Taxmann  As Amended by Companies (Indian Accounting Standards)(Amendment) Rules 2016 916 pages Publisher: Taxmann Publications Pvt. Ltd.; 2017 Edition edition (2016) You can buy this Book for Rs 824. Click to buy this book online Contents of this book on Accounting Standatds. Companies (Indian Accounting Standards) Rules, 2015… Read More »

Aadhaar Mandatory for Individual receiving benefit of Maternity Benefit Programme

MINISTRY OF WOMEN AND CHILD DEVELOPMENT NOTIFICATION New Delhi, the 22nd February, 2017 S.O. 599(E).—Whereas, the use of Aadhaar as identity document for delivery of services or benefits or subsidies simplifies the Government delivery processes, brings in transparency and efficiency, and enables beneficiaries to get their entitlements directly to them in a convenient and seamless… Read More »

Aadhaar Mandatory for person receiving salary under Child Protection Scheme

MINISTRY OF WOMEN AND CHILD DEVELOPMENT NOTIFICATION New Delhi, the 22nd February, 2017 S.O. 620(E).––Whereas, the use of Aadhaar as identity document for delivery of services or benefits or subsidies simplifies the Government delivery processes, brings in transparency and efficiency, and enables beneficiaries to get their entitlements directly to them in a convenient and seamless… Read More »