Daily Archives: May 16, 2017

Operation Clean Portal Launched by Govt of India

The Union Minister of Finance, Shri Arun Jaitley, launches Operation Clean Portal; Will enable citizen engagement for creating a tax compliant society and transparent tax administration Operation Clean Money Phase I: 18 lakh persons identified; More than 9.72 lakh taxpayers submitted online responses for 13.33 lakh accounts involving cash deposits of around Rs 2.89 lakh… Read More »

Emapnelment for Internal Audit of Books of Accounts of CAIM FY 2017-18

Convergence of Agricultural Interventions in Maharashtra (CAIM), Amravati Last Date : Jun 09, 2017 Request for Proposal For Financial Management Support and Internal Audit of Books of Accounts of Convergence of Agricultural Interventions in Maharashtra’s (CAIM) for FY 2017-18 Address: Programme Management Unit (PMU), First Floor, Sahakar Sankul, Kanta Nagar,Camp, Amravati (M.S.) Pin Code –… Read More »

ICAI constituted Group related to all issues of Bank Audit

Constitution of Group related to all issues of Bank Audit including reduction in SCAs Cooling Period, distribution of Bank Branch Audit – (16-05-2017) No.M-626/2017 16th May, 2017 ALL MEMBERS OF THE COUNCIL Madam/Dear Sir, The President, in terms of the authority given to him by the Council at its 363rd meeting held on 12th February,… Read More »

Benefit of 2016 Income declaration scheme not available even if search proceedings under section 132 initiated after launching of scheme

Held In the taxing statutes, the Court has to be very slow in interpreting the statutes where intention of the legislature is to curb the evasion of tax. This is a peculiar case where the Government has granted the benefit under the scheme only to the persons who are not covered under Section 132 of… Read More »

One time exemption given to NGOs to file missing Annual Returns

One time exemption given to NGOs to file missing Annual Returns Government has given one final opportunity to all associations/organizations which have applied for renewal of their registration under the Foreign Contrubtion (Regulation) Act, 2010 (FCRA) but not uploaded their Annual Returns from Financial Year 2010-11 to 2014-15. All such NGOs can upload their missing… Read More »

TAXMANN’S Company Law Manual -7th Edition 2017 – Compendium of Companies Act 2013 & Company Rules & Forms,

TAXMANN’S Company Law Manual : A Compendium of Companies Act 2013 & Company Rules & Forms, by Taxmann  Incorporating Annotated text of Companies Act 2013 (As Amended by Insolvency and Bankruptcy Code 2016 & Finance Act 2017) & Rules framed thereunde Text of Relevant Rules given  along with text of relevant section of Companies Act 2013… Read More »

Section 142 Rajashtan GST Act 2017 – Miscellaneous transitional provisions

Section 142 Rajashtan GST Act 2017 Section 142 Rajashtan GST Act 2017 explains Miscellaneous transitional provisions and is covered in Chapter XX Transitional Provisions ( Note Rajashtan GST Act 2017 received the assent of the Governor on the 28th day of April 2017. Rajashtan GST Act 2017  make a provision for levy and collection of tax on intra-State supply of… Read More »

Section 141 Rajashtan GST Act 2017-Transitional provisions relating to job work

Section 141 Rajashtan GST Act 2017 Section 141 Rajashtan GST Act 2017 explains Transitional provisions relating to job work and is covered in Chapter XX Transitional Provisions ( Note Rajashtan GST Act 2017 received the assent of the Governor on the 28th day of April 2017. Rajashtan GST Act 2017  make a provision for levy and collection of tax on… Read More »

Section 140 Rajashtan GST Act 2017 – Transitional arrangements for input tax credit

Section 140 Rajashtan GST Act 2017 Section 140 Rajashtan GST Act 2017 explains Transitional arrangements for input tax credit and is covered in Chapter XX Transitional Provisions ( Note Rajashtan GST Act 2017 received the assent of the Governor on the 28th day of April 2017. Rajashtan GST Act 2017  make a provision for levy and collection of tax on… Read More »

Section 139 Rajashtan GST Act 2017 – Migration of existing taxpayers

Section 139 Rajashtan GST Act 2017 Section 139 Rajashtan GST Act 2017 explains Migration of existing taxpayers and is covered in Chapter XX Transitional Provisions ( Note Rajashtan GST Act 2017 received the assent of the Governor on the 28th day of April 2017. Rajashtan GST Act 2017  make a provision for levy and collection of tax on intra-State… Read More »

Section 136 Rajashtan GST Act 2017 – Relevancy of statements under certain circumstances

Section 136 Rajashtan GST Act 2017 Section 136 Rajashtan GST Act 2017 explains Relevancy of statements under certain circumstances and is covered in Chapter XIX Offences And Penalties ( Note Rajashtan GST Act 2017 received the assent of the Governor on the 28th day of April 2017. Rajashtan GST Act 2017  make a provision for levy and collection of tax… Read More »

Section 133 Rajashtan GST Act 2017 – Liability of officers and certain other persons

Section 133 Rajashtan GST Act 2017 Section 133 Rajashtan GST Act 2017 explains Liability of officers and certain other persons and is covered in Chapter XIX Offences And Penalties ( Note Rajashtan GST Act 2017 received the assent of the Governor on the 28th day of April 2017. Rajashtan GST Act 2017  make a provision for levy and collection of… Read More »

Section 131 Rajashtan GST Act 2017- Confiscation or penalty not to interfere with other punishments

Section 131 Rajashtan GST Act 2017 Section 131 Rajashtan GST Act 2017 explains Confiscation or penalty not to interfere with other punishments and is covered in Chapter XIX Offences And Penalties ( Note Rajashtan GST Act 2017 received the assent of the Governor on the 28th day of April 2017. Rajashtan GST Act 2017  make a provision for levy and… Read More »

Programme/ Seminar on GST at various locations

Dear Member Greetings from Indirect Taxes Committee of ICAI! In order to prepare for the upcoming challenges and to be abreast with the regime of GST, Indirect Taxes Committee of ICAI has undertaken an initiative of organizing Programme on GST at various location of Country, the details of which are as follows: S. No. Programme… Read More »