Daily Archives: March 11, 2018

Payment of Gratuity (Amendment) Bill 2017 introduced in Lok Sabha

By | March 11, 2018

AS INTRODUCED IN LOK SABHA Bill No. 205 of 2017 THE PAYMENT OF GRATUITY (AMENDMENT) BILL, 2017 A BILL further to amend the Payment of Gratuity Act, 1972. BE it enacted by Parliament in the Sixty-eighth Year of the Republic of India as follows:— 1. Short title and commencement. (1) This Act may be called the… Read More »

CBDT Circular are Binding on Revenue (Income Tax Department officers)

By | March 11, 2018

CBDT Circular are Binding on Revenue  J.C.I.T. Vs. M/s. Celica Developers Pvt. Ltd. (ITAT Kolkata) Appeal Number : ITA No. 658/Kol/2016 Date of Judgement/Order : 21/11/2017 Related Assessment Year : 2007- 08 Summary of Decision : J.C.I.T. Vs. M/s. Celica Developers Pvt. Ltd. (ITAT Kolkata) It is a settled law that the Circulars issued by CBDT… Read More »

Advisory on vehicle number in e-waybill system of GST

By | March 11, 2018

ADVISORY ON VEHICLE NUMBER IN E-WAYBILL SYSTEM OF GST In the EWB system, for the movement of goods via roads, vehicle number is to be updated mandatorily in Part B of EWB, either by the generator of EWB or by the transporter. In the EWB system, following format of vehicle number are accepted:- The current… Read More »

USA IRS : IRS has billions of dollars in refunds for those who did not file a tax return in 2014

By | March 11, 2018

IRS has billions of dollars in refunds for those who did not file a tax return in 2014 IR-2018-44SP, March 8, 2018 WASHINGTON – The Internal Revenue Service (IRS) announced today that a total of billions of dollars in rebates that were never claimed could be waiting for a million taxpayers who did not file… Read More »

USA IRS : Taxpayers Should Report Name Changes Before Filing Taxes

By | March 11, 2018

Taxpayers Should Report Name Changes Before Filing Taxes When a taxpayer changes their name, that change can affect their 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 a taxpayer should do if anyone listed on their tax return… Read More »

USA IRS : IRS scam alert taxpayers refunds 

By | March 11, 2018

IRS scam alert taxpayers refunds The IRS warns taxpayers of a new twist on an old scam. Criminals fraudulent tax refunds deposited on actual bank accounts of individuals, and then try to claim reimbursement from taxpayers. These are the basic steps that follow criminals to carry out this scam. The thief: It infiltrates computers tax preparers to… Read More »