Daily Archives: February 26, 2018

Salary paid in India to employee deputed abroad not taxable in India : AAR

By | February 26, 2018

The applicant has posed the following questions, seeking a ruling from this Authority: (i) Based on the above facts, Salary paid by the applicant to the assignee, Mr. T.N. Santhosh Kumar in India, is not liable to be taxed in India in FY 2011-12 having regard to the provisions of the Act and the relevant… Read More »

Risk Management and Inter-bank Dealings: Revised guidelines relating to participation of a person resident in India and Foreign Portfolio Investor (FPI) in the Exchange Traded Currency Derivatives (ETCD) Market

By | February 26, 2018

RBI/2017-18/134 A. P. (DIR Series) Circular No. 18 February 26, 2018 All Category – I Authorised Dealer banks Madam/Sir, Risk Management and Inter-bank Dealings: Revised guidelines relating to participation of a person resident in India and Foreign Portfolio Investor (FPI) in the Exchange Traded Currency Derivatives (ETCD) Market Attention of Authorized Dealers Category – I… Read More »

Category: RBI

CBDT notified Centralised Communication Scheme 2018 for issue of Notices

By | February 26, 2018

MINISTRY OF FINANCE (Department Of Revenue ) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 22nd February, 2018 S.O. 771(E).—In exercise of powers conferred by sub-section (3) of section 133C of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following scheme for centralised issuance of notice,… Read More »

How to file GST Refund Application (By Embassies/ International Organizations) : User manual

By | February 26, 2018

Refund Application (By Embassies/ International Organizations) How can Embassies/ International Organizations submit the application for refund? Embassies/ International Organizations can submit the application for refund in two ways: Generate GST RFD-10 application form through GSTR-11 – Quarterly Return Screen Generate GST RFD-10 application form through Dashboard Generate GST RFD-10 application form of the same quarter… Read More »

CBDT notifies revised Rule 17A & Form 10A seeking more details from trust applying for registration

By | February 26, 2018

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 19th February, 2018 INCOME-TAX [Notification No. 10/2018/F. No. 370142/14/2017-TPL] G.S.R. 176(E).___In exercise of the powers conferred by clause (aa) and clause (ab) of sub-section (1) of section 12A read with section 295 of the Incometax Act, 1961 (43 of 1961),… Read More »

[Video] File Online LUT for Export on GST Portal :GST News [Part 176] : TaxHeal.com

By | February 26, 2018

File Online LUT for Export on GST Portal :GST News [Part 176] : TaxHeal.com Related Topic on GST  Topic Click Link GST Acts Central GST Act and States GST Acts GST Rules GST Rules  GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars GST Circulars  GST Judgments GST Judgments… Read More »

GST Refund Application (By Embassies/ International Organizations)

By | February 26, 2018

Refund Application (By Embassies/ International Organizations) 1. What is Refund Application FORM GST RFD-10? Refund Application FORM GST RFD-10 is an application by any specialized agency of United Nations Organization or any Multilateral Financial Institution and Organization notified under the United Nations (Privileges and Immunities) Act, 1947, Consulate or Embassy of foreign countries or any… Read More »

Section 47 of Tamil Nadu GST Act 2017 : Levy of late fee

By | February 26, 2018

Section 47 of Tamil Nadu GST Act 2017 ( Section 47 of Tamil Nadu GST Act 2017 explains Levy of late fee and is covered in  CHAPTER IX  RETURNS )  [Enforced with effect from 1-7-2017.] Levy of late fee 47. (1) Any registered person who fails to furnish the details of outward or inward supplies required under section 37 or section… Read More »

Section 48 of Tamil Nadu GST Act 2017 : Goods and services tax practitioners

By | February 26, 2018

Section 48 of Tamil Nadu GST Act 2017 ( Section 48 of Tamil Nadu GST Act 2017 explains Goods and services tax practitioners and is covered in  CHAPTER IX  RETURNS )  [Enforced with effect from 1-7-2017.]  Goods and services tax practitioners 48. (1) The manner of approval of goods and services tax practitioners, their eligibility conditions, duties and obligations, manner of… Read More »