Daily Archives: April 21, 2017

Taxmann Deduction of Tax at Source with Advance Tax and Refunds – 30th Edition 2017- As Amended by Finance Act 2017)

Deduction of Tax at Source with Advance Tax and Refunds (30th Edition 2017-As Amended by Finance Act 2017) by Dr. Vinod K. Singhania (Author) Price Rs 1775. Click to buy Books online Paperback: 1216 pages Publisher: Taxmann Publications Pvt. Ltd.; 30th Edition edition (2017) View Contents of this Book  – Deduction of Tax at Source with Advance… Read More »

MCA Clarify Generation of Online Challan for Offline Payment Cases

MCA General Circular 2/2017 on Clarification reg. Generation of Online Challan for Offline Payment Cases; prescribes two step process to facilitate filing of e-form IEPF-1 in cases where Challans were not generated by companies on MCA21 portal prior to 15 Dec. 2016 In terms of Investors Education and Protection Fund (Accounting, Audit, Transfer and Refund) Rules, 2016… Read More »

PMGKY Declaration Date Extended -Circular No.14 of 2017 – 21.04.2017

Circular No.14 of 2017 F.No.370142/33/2016-TPL(Part) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) Dated: 21st April, 2017 Extension of time for filing declaration under the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 The Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana,… Read More »

Schedule III CGST Act 2017 – Activities or Transactions which shall be treated neither as a supply of goods nor a supply of Services

Schedule III CGST Act 2017 Schedule III CGST Act 2017  deals with Activities or Transactions which shall be treated neither as a supply of goods nor a supply of Services SCHEDULE III [See section 7] ACTIVITIES OR TRANSACTIONS WHICH SHALL BE TREATED NEITHER AS A SUPPLY OF GOODS NOR A SUPPLY OF SERVICES 1. Services… Read More »

Schedule I CGST Act 2017- Activities to be treated as Supply even if made without Consideration

Schedule I CGST Act 2017 Schedule I CGST Act 2017 deals with Activities to be treated as Supply even if made without Consideration [Note : CGST Act 2017 also known as CENTRAL GOODS AND SERVICES TAX ACT, 2017 assented by the President of India on 12-4-2017 -An Act to make a provision for levy and collection of… Read More »

Section 174 CGST Act 2017 – Repeal and saving.

Section 174  CGST Act 2017 [ Section 174 CGST Act 2017 Notified w.e.f 01.07.2017 vide Notification No. 9/2017 – Central Tax Dated 28th June, 2017 ] Section 174  CGST Act 2017 deals with Repeal and saving. and is covered in CHAPTER XXI MISCELLANEOUS [Note : CGST Act 2017 also known as CENTRAL GOODS AND SERVICES TAX ACT, 2017 assented by… Read More »

Section 163 CGST Act 2017- Levy of fee.

Section 163 CGST Act 2017 [ Section 163 CGST Act 2017 Notified w.e.f 01.07.2017 vide Notification No. 9/2017 – Central Tax Dated 28th June, 2017 ] Section 163 CGST Act 2017 deals with Levy of fee and is covered in CHAPTER XXI MISCELLANEOUS [Note : CGST Act 2017 also known as CENTRAL GOODS AND SERVICES TAX ACT, 2017 assented by… Read More »

Section 160 CGST Act 2017 – Assessment proceedings, etc., not to be invalid on certain grounds

Section 160 CGST Act 2017 [ Section 160 CGST Act 2017 Notified w.e.f 01.07.2017 vide Notification No. 9/2017 – Central Tax Dated 28th June, 2017 ] Section 160 CGST Act 2017  explains Assessment proceedings, etc., not to be invalid on certain grounds. and is covered in CHAPTER XXI – MISCELLANEOUS [Note : CGST Act 2017 also known as CENTRAL… Read More »

Section 159 CGST Act 2017 – Publication of information in respect of persons in certain cases

Section 159 CGST Act 2017 [ Section 159 CGST Act 2017 Notified w.e.f 01.07.2017 vide Notification No. 9/2017 – Central Tax Dated 28th June, 2017 ] Section 159 CGST Act 2017 explains Publication of information in respect of persons in certain cases. and is covered in CHAPTER XXI – MISCELLANEOUS [Note : CGST Act 2017 also known as CENTRAL… Read More »

Rights of Persons with Disabilities Act 2016 Comes into force w.e.f 19.04.2017

MINISTRY OF SOCIAL JUSTICE AND EMPOWERMENT (Department of Empowerment of Persons with Disabilities ) NOTIFICATION New Delhi, the 19th April, 2017 S. O. 1215(E).—In exercise of the powers conferred by sub-section (2) of section 1 of the Rights of Persons with Disabilities Act, 2016 (49 of 2016), the Central Government hereby appoints 19th day of… Read More »

USA IRS RP-2017-33: Additional first year depreciation

Revenue Procedure 2017-33 provides guidance under the Protecting Americans for Tax Hikes Act of 2015 (PATH Act) regarding amendment to (i) expensing section 179 property, (ii) the additional first year depreciation deduction under section 168(k), and (iii) the qualified Indian reservation property depreciation provision under section 168(j). Revenue Procedure 2017-33 will be in IRB 2017-19,… Read More »