sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
News Headlines   RSS Feeds
 Tax on gifts? Always tax-free, if received from relativesa
By CA Ojas Aggarwal
Taxes on assets, income, capital gains and gifts have been under various regulators and governing bodies but the taxation and the quantum of tax levied has been subject to various conditions and situations.
 Notification No. 76/2018 – Customs Ministry Of Finance
By CA Andrew F Thomas
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 24/2005-Customs,
 The only receipt that remains tax-exempt
By CA Andrew F Thomas
Today, under our tax laws, almost every conceivable receipt is taxable, unless there is a specific exemption in the law. Even gifts, which are normally not considered as income, are taxable, on account of a specific provision taxing all amounts received without consideration, excepting those specified in that provision.
 Central Goods and Services Tax (Eleventh Amendment) Rules, 2018
By CA Rashmi Sharma
In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government hereby makes the following rules further to amend the Central Goods and Services Tax Rules, 2017, namely:-
 Know how you can save tax on capital gains
By CA Manu T George
Independent capital gains rules are applicable for each asset class. However, there are numerous sections under which if you reinvest your long-term capital gains you can save on tax
 CBDT extends deadline Income tax return (ITR) filing
By CA Manu T George
The government on Monday extended by a fortnight till October 31 the deadline for filing Income Tax return (ITR) and audit report for financial year 2017-18.
 Notification Ministry Of Finance
By CA Andrew F Thomas
Whereas in exercise of the powers conferred by section 35AC of the Income-tax Act, 1961 (43 of 1961) read with rule 11G of the Income Tax Rules, 1962, the Central Government constituted the National Committee for Promotion of Social and Economic Welfare vide notification of the Government of India,
More »
Continuing Prof. Edu.   RSS Feeds
  Recent Amendment in GST & Annual Return & Audit 2) E- Assessment & Recent development under Income Tax Act
By CA Devender Singh
Place: South Delhi CA Study Circle of NIRC Date: 23-10-2018 – To: 23-10-2018 CPE.Hrs.:
  Seminar on Assessment and Reassessment – Income Tax & Disclosures in Director’s Report
By CA S K Verma
Place: Ludhiana Branch Of NIRC Date: 20-10-2018 – To: 20-10-2018 CPE.Hrs.: 4
 CPE Events 15th October - 6th October 2018
By CA Andrew F Thomas
CPE Events 15th October - 6th October 2018
 Interest on Delayed Payment of VAT and TDS is Compensatory in Nature ITAT allows Deduction
By CA S K Verma
The Cochin bench of Income Tax Appellate Tribunal (ITAT) restored the decision of CIT(A) and held that interest on delayed payment of VAT and TDS is compensatory in nature and also deleted the disallowance.
  Annual Return & Audit under GST
By CA Ojas Aggarwal
Place: Gurgaon Branch Of NIRC Date: 17-10-2018 – To: 17-10-2018 CPE.Hrs.: 4
 Seminar on Assessment and Reassessment – Income Tax & Disclosures in Director’s Report
By CA Atul Gupta
Place: Ludhiana Branch Of NIRC Date: 20-10-2018 – To: 20-10-2018 CPE.Hrs.:4
  GST Audit & Compliance Under Co.Act
By CA S K Verma
Place: Pusa Road CPE Study Circle of NIRC Date: 22-10-2018 – To: 22-10-2018 CPE.Hrs.: 5
More »
GST - Goods and Services Tax   RSS Feeds
 Mechanism of Audit by Tax Authorities under GST Laws
By CA Mayank Jain
With GST laws being enforce for over a year and teething technical issues having been resolved to a large extent; the authorities may in the coming months choose to undertake greater scrutiny in the working of any registered person. Audit is one such mechanism through which a Commissioner or any person authorized by him (hereinafter referred to as ‘proper officer’) may look to deep dive in the books of accounts, workings of GST calculations and input credits of any registered person.
 GST policy on e-commerce may make life difficult for cab startups
By CA S K Verma
A Bengaluru-based startup has filed an appeal questioning a July 27 ruling by GST authorities in Karnataka which said app-based cab aggregators must pay GST on trip fares collected by private cab drivers/owners tied to their e-commerce platforms.
 GST cheer for government as states’ shortfall drops
By CA Devender Singh
Last year, when India moved to the one-nation-one-tax regime, the Centre promised to compensate individual states for any loss of revenue from the introduction of GST, which subsumed a raft of indirect levies.
 Lower GST mop-up to upset India’s fiscal math
By CA Atul Gupta
After the lower than expected Good and Services Tax (GST) collections in August over the previous month, analysts said lower collections will negatively impact India’s fiscal situation.
 Imposition of calamity tax with GST not advisable
By CA Nilesh Sahu
Traders' body CAIT Tuesday said levy of any cess or tax with the Goods and Services Tax (GST) is not advisable as it will contradict the principle of one tax, one nation.
  Finance ministry notifies annual tax return forms for businesses registered under GST
By CA S K Verma
Finance ministry has notified annual tax return forms for businesses registered under the GST, in which details of sales, purchases and input tax credit (ITC) benefits accrued to them during 2017-18 fiscal have to be provided in a consolidated manner.
 Govt may introduce New GST Return to check Transitional Claims
By CA Nilesh Sahu
In a move to curb tax evasion and to boost up the revenue figures, the Government may introduce another return form to the Companies that availed of more than Rs 25 lakh credit under the goods and services tax ( GST ) regime in lieu of levies paid under the previous system.
More »
Markets   RSS Feeds
 FM calms nerves, says no plan to tax market gains
By CA S K Verma
In a bid to calm frayed nerves of stock market players, Finance Minister Arun Jaitley on Sunday clarified the government has no intention to impose a tax on long-term capital gains from trading in shares.
 Why we must tweak the market-led model
By CA Ojas Aggarwal
ACCORDING to the latest report by the New World Wealth, after Russia, India is the second most unequal nation in the world as 54 per cent of its wealth is in the hands of millionaires.
 PE transactions prompt income tax queries over round tripping concerns
By CA Atul Gupta
Domestic companies raising private equity funding in the near term are likely to face increased scrutiny from tax sleuths looking for instances of round tripping.
 Amended India-Mauritius tax treaty only covers investments in shares
By CA Andrew F Thomas
The revamped India-Mauritius tax treaty will apply to only investments in shares and not to other instruments, details of the agreement released by Port Louis showed.
 Government drops cap gains tax on startup shares held for 2 years
By CA Nilesh Sahu
In a fresh boost to startups, the government on Thursday inserted an amendment to the Finance Bill to provide for capital gains tax exemption if shares of an unlisted company were held for more than two years.
 Tax-free bonds regain demand in the secondary market
By CA Ojas Aggarwal
Tax-free bonds which have been languishing for more than six months due to lack of investor interest in the secondary market, are in demand again.
 Relevant Market Under Competition Act, 2002
By CA S K Verma
The object of the Competition Act, 2002 (Act for short) is to preserve and promote competition and to prevent anti competitive business practices with minimal Government intervention.
More »
General   RSS Feeds
 IL&FS crisis: ICAI seeks explanation from audit firms
By CA Devender Singh
ICAI said it has issued notices to audit firms that conducted statutory audit works of IL&FS group in the past few years.
 Arun Jaitley pushes for more tax filing in FY19
By CA Andrew F Thomas
People who file tax returns should more than double to 75 million by end of March 2019, as compared to those who filed tax returns as of end March 2014, Union finance minister Arun Jaitley said on Thursday.
 Are you filing Income Tax Return (ITR)? This is where you are trapped! Know what is Form 16 , Form 16A, Form 26AS, TDS statement
By CA Rashmi Sharma
Filing your income tax return (ITR) can turn into a nightmare if the new guidelines are not followed properly. However, here is how you can make it easy. ITR contains details of income as well as those from other sources - rent, home, bonus, savings account and many more. Every individual must carefully feed in the data in order to make a successful filing. A return of income is incomplete without filling in details of income tax payments made during the year.
 Officials handling GST can assess all No centre-state wall
By CA Mayank Jain
The government has clarified that both the state and central authorities handling the goods and services tax have enforcement powers over all assessees in a state, triggering fears that the industry may get caught in a crossfire between the two.
 How is long-term capital gain from Nabard bonds taxed?
By CA Devender Singh
I am 81 years old and LIC annuities and bank FDs are my only source of income—around Rs 2 lakh per year. In 2018-19, I made long-term capital gains of Rs 6.35 lakh, after indexation, from Nabard bonds. What will be my income tax liability for 2018-19?
 Himachal Pradesh government notifies TDS and TCS provisions
By CA Andrew F Thomas
As the provisions relating to Tax Deduction at Source (TDS) is all set to implement from tomorrow, the Goods and Services Tax Network ( GSTN ) has enabled the facility to file TDS Return (Form 7) and the TDS Certificate (Form 7A) in the portal.
 Tax law panel may look to drop dividend distribution tax (DDT)
By CA Mayank Jain
Members of the task force set up to draft a new direct tax legislation appear to be in favour of abolishing the dividend distribution tax (DDT).
More »
Corporate Law   RSS Feeds
 Govt panel may recommend dropping dividend distribution tax in new direct tax law
By CA Rashmi Sharma
The tax law panel is considering reverting to the classical method of taxing dividend in the hands of the shareholders Members of the task force set up to draft a new direct tax legislation may favour abolishing dividend distribution tax (DDT), according to a report by The Times of India.
 Law Commission proposes to abolish it Tax saving tool HUF may cease to exist
By CA Atul Gupta
The concept of Hindu Undivided Family (HUF) may cease to exist if the proposals of a recently released consultation paper on Reform of Family Law by the law commission are accepted.
 Residential status rules are different for exchange control, income tax laws NRI taxation
By CA Nilesh Sahu
The rules for determination of residential status under the exchange control law are different from those under the income tax law.
 Recent advance rulings under the GST Law
By CA Andrew F Thomas
The Authority for Advance Ruling (AAR) constituted under the Goods and Services Tax (GST) Law has recently pronounced advance rulings clarifying certain positions on the applicability of GST on supply of goods from retail outlets in international airports,
 Case Laws Relating To E-Way Bill
By CA Manu T George
The implementation of e-way bill has caused more delay because of the improvements to be done in the portal system. The Central Government has announced that the e-way bill system would be applicable for the inter-State transactions with effect from 01.02.2018 and the States would implement the e-way bill system for intra-State transactions by 1st June, 2018.
  Are we maintaining documents and records as required under GST Laws?
By CA S K Verma
By this time every tax professional is aware that GST is mainly following various kinds of compliances like filing of returns, e-way bills, etc.
 Are we maintaining documents and records as required under GST Laws?
By CA Mayank Jain
By this time every tax professional is aware that GST is mainly following various kinds of compliances like filing of returns, e-way bills, etc.
More »
Students   RSS Feeds
 Registrations open for practical training Assessment scheduled on October 21, 2018 and December 2, 2018.
By CA Mayank Jain
Whereas, sub-section (1) of section 48 of the Prohibition of Benami Property Transactions Act,1988 (45 of 1988)(hereafter referred to as the said Act) provides that a person preferring an appeal to the Appellate Tribunal under said Act may either appear in person or take the assistance of an authorised representative of his choice to present his case before the Appellate Tribunal; sub-section
 Zone / City - Shifting of Candidates for November - 2018 CA Exams
By CA Rashmi Sharma
Due to paucity of accommodation in certain Zones opted by the candidates in the cities of Ahmedabad, Bhopal, Chennai, Delhi, Hyderabad, Indore and Vadodara some of the candidates have been allotted examinations centres in the zone other than the zone opted by them in the said cities. In view of this, it is not possible to accede to the requests of the candidates for transfer to an examination centre in a particular zone of the city opted by them.
 ICAI to launch ‘Optional Online Articles Placement Portal’ for CA Students
By CA Atul Gupta
The Institute of Chartered Accountants of India ( ICAI ) has decided to launch an Optional Online Articles Placement Portal, to assist the eligible Chartered Accountants students in getting placement in CA firms for articles training as well facilitate the CA firms.
 Applicable Study Material for May, 2019 Exams - New Scheme Foundation, Intermediate and Final Course
By CA Atul Gupta
Applicable Study Material for May, 2019 Exams - New Scheme Foundation, Intermediate and Final Course
 Revised Programme Structure of B.Com. (Accountancy and Finance) of IGNOU
By CA Rashmi Sharma
As approved by the Academic Council's Standing Committee meeting held on 20th December, 2010 of Indira Gandhi Open University (IGNOU), it is decided to exclude
 Structure of Practical Training Assessment
By CA Andrew F Thomas
The students after completing their 1st/ 2nd year of practical training in a particular quarter of a year would be eligible to register for the practical training assessment test in the subsequent quarter. The first test for both the category of students will be on September 23, 2018.
 CA Students Conference at Udaipur on 8th and 9th September, 2018
By CA Manu T George
Students Eligible to attend the Students Conference: Students who have registered as IPCC/Intermediate Students/ Students who are pursuing their Article ship Training/
More »
New Forms   RSS Feeds
 Income Tax: No provisions in I-T Act for revision in Form 15H, 15G
By CA Ojas Aggarwal
The different types of ITR forms released are based on various sources of income earned. I submitted Form 15H in the bank in April 2018 by mistake. The bank is saying it is unable to reverse/delete Form 15H from my account. How can I rectify the mistake?
 Penalty on late filing of ITR and other tax changes effective from Apr 1
By CA Nilesh Sahu
Several major income tax changes will come into effect from the start of the new financial year, i.e., April 1, 2018. These include penalty on late filing of income tax returns (ITR),
 How to view, download your Form 26AS and why it is important
By CA Andrew F Thomas
Form 26AS, also known as Annual Statement, is a document that provides details of TDS, refunds associated with a PAN in a particular financial year
 E-Way Bill Mandatory From 01.02.2018
By CA Rashmi Sharma
Rule 138 of the Central Goods and Service Tax Rules, 2017 deals with the e-way bill which came into effect from 01.07.2017. But no rule has been framed at that time.
 FORM GSTR-3B v/s FORM GSTR-1
By CA Nilesh Sahu
The common errors while submitting FORM GSTR-3B and the steps needed to be taken to rectify the same in FORM GSTR-1 are provided in the table annexed herewith. The corresponding column in the table provides the steps to be followed by taxpayer to rectify such error:
 Form GSTR-3B of GST - Boon or Curse
By CA Atul Gupta
Form GSTR--3B is summary return inserted by Government vide Rule 61 of the CGST Rules,2017 in lieu of Form –GSTR-3 . It is a summary return in place of GSTR-3.
  Extension of time limit for submitting the declaration in FORM GST TRAN-1 under rule 117 of the Central Goods and Services Tax Rules, 2017
By CA Ojas Aggarwal
In exercise of the powers conferred by rule 117 of the Central Goods and Services Tax Rules, 2017 read with section 168 of the Central Goods and Services Tax Act, 2017
More »
ICAI   RSS Feeds
 High Power Group on Infrastructure Leasing & Financial Services Limited (IL&FS) Matter
By CA Nilesh Sahu
The President, in terms of the authority given to him by the Council at its 373rd meeting held on 12th February, 2018 has constituted a High Power Group on Infrastructure Leasing & Financial Services Limited (IL&FS). The composition of the said group is as under
 Exposure Draft of Accounting Standard (AS) 40, Investment Property (Comments to be received by November 10, 2018)
By CA Mayank Jain
The Indian Accounting Standards (Ind AS), as notified by the Ministry of Corporate Affairs in February, 2015, have been applicable to the specified class of companies. For other class of companies, i.e., primarily the unlisted entities having net worth less than Rs. 250 crores, Accounting Standards, as notified under Companies (Accounting Standards) Rules, 2006, has been applicable.
 Commencement of the Next Batch of the Certificate Course on Wealth Management and Financial Planning to be commenced on 8th December, 2018 at Pimpri Chinchwad : An initiative of CCBMP, ICAI
By CA Andrew F Thomas
The Committee for Capacity Building of Members in Practice (CCBMP) of ICAI has decided to commence the next batch of the Certificate Course on Wealth Management and Financial Planning at Institute of Industrial and Computer Management and Research (IICMR ), Nigdi (Saturdays session ) & Session of Sundays at
 Exposure Draft - ICAI Code of Ethics, 2018
By CA Rashmi Sharma
This ICAI Code of Ethics is applicable from 1 April, 2019. Where guidance contained in this Code relates to engagements commencing prior to that date, previous guidance may be applied up to completion of the said engagements. Transitional arrangements are available in respect of specific sections of this Code.
 Launch of Batch of Educational Course by ICAI Registered Valuers Organisation (ICAI RVO) at Centre of Excellence (COE), Hyderabad from 10th November, to 2nd December, 2018.
By CA Ojas Aggarwal
The ICAI Registered Valuers Organsiation (ICAI RVO) is launching its batch of Educational Course for taking IBBI Registered Valuers Examination for Securities or Financial assets class at at Centre of Excellence (COE), Hyderabad from 10th November, 2018..
 Internal Auditor can’t undertake Goods and Service Tax (GST) Audit of same Entity due to Role Conflict: ICAI
By CA Nilesh Sahu
ICAI has clarified that `internal auditor' of an entity can't undertake `GST Audit' of the same entity due to role conflict of Internal Auditor and Statutory Auditor. Besides, bar on `internal auditor' to accept `tax audit' (under Income Tax) will also be applicable to `GST Audit' (under CGST Act 2017).
 Exposure Draft of Accounting Standard (AS) 38, Intangible Assets (Comments to be received by November 2, 2018)
By CA Ojas Aggarwal
The Indian Accounting Standards (Ind AS), as notified by the Ministry of Corporate Affairs in February, 2015, have been applicable to the specified class of companies. For other class of companies,
More »
From the Courts   RSS Feeds
 Omniglobe Information Technologies (India) Pvt. Ltd., E-11, Rajouri Garden, New Delhi vs. Addl. CIT, Spcl.Range-7, New Delhi.
By CA Devender Singh
Subject: M/s. Omniglobe International LLC, USA (Associate Enterprises/AE). The assessee also provided information technology enabled services (ITeS) relating to phone activation and local number portability to various clients for and on behalf of its parent company. section 144C section 143(3) of the Income-tax Act, section 92CA(3) of the Act. section 234B and section 234C of the Act.” Xchanging Technology Services India Pvt. Ltd. Vs. DCIT (ITA No.1897/Del/2014) – Approved Hon’ble High Court in ITA No. 813/2015- CL 699-700 (HC) /701-711 (ITAT) Ameriprise India Pvt. Ltd. Vs. DCIT (ITA No. 7014/Del/2011) – Approved byHon’ble High Court in ITA No. 461/2016- 759-786 (ITAT) Toluna India Pvt. Ltd. Vs ACIT (ITA No. 5645/Del/2011) Lear Automotive India P. Ltd. Vs ACIT (ITA No. 5612/Del/2011) and Global Logic India Pvt. Ltd. Vs ACIT (ITA No. 5809/Del/2011) Agilent Technologies ( International )Pvt. Ltd. Vs. ITO (ITA No. 1620/Del/2015,477 & 6420/DEL/2016 Transcend MT services Pvt. Ltd. Vs ACIT ( ITA No. 4048/Del/2013) Vertex Customer Services India P.Ltd. vs. DCIT (ITA No. 1508/ Del/2015) Exevo India Pvt. Ltd. vs DCIT (ITA No. 20/Del/2017) Alcatel – Lucent India Ltd. vs Addl. CIT (ITA No. 1112 /Del/2017) Ciena India Pvt. Ltd. vs DCIT (ITA No. 3324/Del/2013) Equant Solutions India Pvt. Ltd. vs DCIT in ITANo.1202/Del/2015 NCS Pearson India Private Limited v ACIT (ITA No. 2556/Del/2014) Vodaphone India Services vs. DCIt( ITA No. 7140 & 7097 / Mum/2012 ) ITA No. 461/2016, PCIT vs. Ameriprise India Pvt. Ltd. dated 19.10.2016 (Delhi H.C.) ITA No. 124/2018 PCIT vs. M/s. Oracle (OFSS)BPO Services Pvt. Ltd. (Delhi H.C.) HOV Services Ltd. Vs. JCIT (2016) 73 Taxmann.com 311 – CL 787 – 818 Schlumberger India Technology Centre Pvt. Ltd. Vs. DCIT (ITA No. 640/Pn/2014) –CL 741– 758
 Omniglobe Information Technologies (India) Pvt. Ltd., E-11, Rajouri Garden, New Delhi vs. Addl. CIT, Spcl.Range-7, New Delhi.
By CA Devender Singh
Subject: M/s. Omniglobe International LLC, USA (Associate Enterprises/AE). The assessee also provided information technology enabled services (ITeS) relating to phone activation and local number portability to various clients for and on behalf of its parent company. section 144C section 143(3) of the Income-tax Act, section 92CA(3) of the Act. section 234B and section 234C of the Act.” Xchanging Technology Services India Pvt. Ltd. Vs. DCIT (ITA No.1897/Del/2014) – Approved Hon’ble High Court in ITA No. 813/2015- CL 699-700 (HC) /701-711 (ITAT) Ameriprise India Pvt. Ltd. Vs. DCIT (ITA No. 7014/Del/2011) – Approved byHon’ble High Court in ITA No. 461/2016- 759-786 (ITAT) Toluna India Pvt. Ltd. Vs ACIT (ITA No. 5645/Del/2011) Lear Automotive India P. Ltd. Vs ACIT (ITA No. 5612/Del/2011) and Global Logic India Pvt. Ltd. Vs ACIT (ITA No. 5809/Del/2011) Agilent Technologies ( International )Pvt. Ltd. Vs. ITO (ITA No. 1620/Del/2015,477 & 6420/DEL/2016 Transcend MT services Pvt. Ltd. Vs ACIT ( ITA No. 4048/Del/2013) Vertex Customer Services India P.Ltd. vs. DCIT (ITA No. 1508/ Del/2015) Exevo India Pvt. Ltd. vs DCIT (ITA No. 20/Del/2017) Alcatel – Lucent India Ltd. vs Addl. CIT (ITA No. 1112 /Del/2017) Ciena India Pvt. Ltd. vs DCIT (ITA No. 3324/Del/2013) Equant Solutions India Pvt. Ltd. vs DCIT in ITANo.1202/Del/2015 NCS Pearson India Private Limited v ACIT (ITA No. 2556/Del/2014) Vodaphone India Services vs. DCIt( ITA No. 7140 & 7097 / Mum/2012 ) ITA No. 461/2016, PCIT vs. Ameriprise India Pvt. Ltd. dated 19.10.2016 (Delhi H.C.) ITA No. 124/2018 PCIT vs. M/s. Oracle (OFSS)BPO Services Pvt. Ltd. (Delhi H.C.) HOV Services Ltd. Vs. JCIT (2016) 73 Taxmann.com 311 – CL 787 – 818 Schlumberger India Technology Centre Pvt. Ltd. Vs. DCIT (ITA No. 640/Pn/2014) –CL 741– 758
 HV Metal ARC Pvt. Ltd., New Delhi. vs. ACIT, Circle 11(1), New Delhi.
By CA S K Verma
This appeal by the Assessee is filed against the order dated 29.12.2017 of Ld. CIT(A)-22, New Delhi, for Assessment Year 2013-14. The grounds of appeal are as under:
 Surendra Kumar Jain vs. PCIT (Delhi High Court)
By CA Ojas Aggarwal
Search assessments. The time limit of 2 years u/s 153B for framing search assessment orders applies only to the original order and to orders passed after remand. The time limit for passing remand orders is governed by s. 153(3)/ erstwhile 153( 2A) & not by s. 153B. Limitation begins (for any purpose under the Act) from the point of time when the departmental representative receives the copy of a decision or an order of the ITAT
 TLG India Private Limited vs. JCIT (Bombay High Court)
By CA Atul Gupta
S. 197 TDS: No functionary other than the officer referred to in the relevant statutory provision, namely section 197 and Rule 28AA of the Income Tax Rules, 1962, is permitted to take over the jurisdiction or interfere in the exercise of the discretionary power envisaged by this statutory provision. The concerned official has to record his satisfaction while issuing the TDS certificate
 ITO vs. Sudarshan R. Kharbanda (ITAT Mumbai)
By CA Nilesh Sahu
S. 80-IC: Law on whether "assembly" constitutes "manufacture" explained in the context of several judgements. Allegation of the Dept that manufacture is not possible as the assessee has less number of employees, no sophisticated machinery and less electricity consumption considered
 Uber India Systems Pvt. Ltd vs. JCIT (ITAT Mumbai)
By CA S K Verma
S. 271C & 206AA Penalty: The assessee has made out a prima facie case that the outcome of the appeal before the ITAT will directly impact the penalty proceedings which are hurriedly being finalized by the authorities which may entail huge liability by way of penalty on the assessee. The Revenue authorities are accordingly restrained from passing any order imposing penalty on the assessee so long as the appeal is pending before the Tribunal (Wander 44 Taxman.com 103 (Bom) & GE India Technology 46 Taxmann.com 374 (Guj) followed)
More »
Auditing   RSS Feeds
 Smart things to know about tax audits
By CA Mayank Jain
Tax audit is a review of accounts of taxpayers with business or profession from an income tax point of view such as incomes, deduction, compliance with tax laws etc.
 Supreme Court puts the spotlight on audit firms
By CA Atul Gupta
The Supreme Court on Friday put the spotlight on the Big Four multinational accounting firms, directing that a committee be set up to tighten regulatory oversight over them.
 Auditing to be less of a burden as accountants embrace AI
By CA Nilesh Sahu
Among the more thankless tasks undertaken by junior accountants is meticulously checking off inventory at clients’ warehouses, which can involve scaling ladders with paper and pen in hand.
 CAG's report on GST will be totally paperless
By CA Devender Singh
The Comptroller and Auditor General (CAG) will come out with its first digital audit report, a complete paperless exercise, with its performance appraisal of the Goods and Services Tax, expected to come out sometime towards the end of this calendar year.
 Time Limit For Completion Of Assessment From The Date Of Special Auditors Report Under Income Tax Act, 1961
By CA Rashmi Sharma
Section 142(2A) of the Income Tax Act, 1961 (Act for short) provides for the conduct of special audit that may directed by the Assessing Officer.
 Provisioning pertaining to Fraud Accounts
By CA Rashmi Sharma
Please refer to circular DBR.No.BP.BC.83/21.04.048/2014-15 dated April 1, 2015 on the captioned subject. On a review, it has been decided to amend the provisioning norms in respect of all cases of fraud, as under:
 Tax Audit Report (TAR) Certain exceptions and increased limits according to number of partners and considering nature of activity are desirable
By CA Devender Singh
Provisions relating to maintenance of accounts and obtaining of TAR are old provisions and we find that very low limits fixed long ago have remain in force for long time.
More »
Latest Circulars   RSS Feeds
 RBI-Auction for Sale (Issue/Re-issue) of Government Stock (GS)
By CA Ojas Aggarwal
The Government Stock up to 5% of the notified amount of the sale will be allotted to eligible individuals and institutions as per the enclosed Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities (Annex).
 RBI-Directions for Central Counterparties (CCPs)
By CA Atul Gupta
The provisions of these directions shall apply to a domestic central counterparty authorised to operate in India under Payment and Settlement Systems Act, 2007 (Act 51 of 2007) and foreign CCPs recognised by the Reserve Bank of India (RBI) under Payment and Settlement Systems Act, 2007 for their operations including clearing and settlement in India.
 Notification No. 75/2018 – Customs Government Of India Ministry Of Finance
By CA Atul Gupta
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act,1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do,
 RBI announces auction of a 59-Day Government of India Cash Management Bill
By CA Nilesh Sahu
The Reserve Bank of India announces the auction of a 59-Day Government of India Cash Management Bill as per the following details.
 RBI-Prompt Corrective Action: An Essential Element of Financial Stability Framework
By CA Devender Singh
I would like to thank the Indian Institute of Technology (IIT), Bombay, and in particular, Professor Pushpa Trivedi, who inspired me to pursue Economics and Finance, for inviting me back to IIT, my undergraduate alma mater.
 Why RBI needs to review ownership and governance norms for banks
By CA Mayank Jain
Whether it is a review of ownership structure or the governance structure of banks, it’s clear RBI does them soon to quell the many concerns that have risen in India’s banking industry
 Results of Underwriting Auctions Conducted on October 11, 2018
By CA Manu T George
The Reserve Bank of India will conduct the following Variable rate Reverse Repo auction on October 12, 2018, Friday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.
More »
Forex   RSS Feeds
 Perils of an ad hoc forex policy
By CA Nilesh Sahu
In a speech that he gave last month at the International Monetary Fund, the Reserve Bank of India (RBI) Governor,
 Rupee depreciated by 17 paise to Rs 45.62 a dollar in early trade
By CA Andrew F Thomas
The rupee depreciated by 17 paise to Rs 45.62 a dollar in early trade today following weak domestic equity markets
 Rupee strengthened by 7 paise against dollar
By CA Devender Singh
The rupee strengthened by 7 paise to Rs 45.35 a dollar in early trade today on weakness in the US currency against major world currencies
 Rupee up by 4 paise against dollar in early trade
By CA Nilesh Sahu
The rupee strengthened by 4 paise to Rs 45.48 against the US dollar in early trade at the Interbank Foreign Exchange today
 Rupee falls by 18 paise at 4-week low against dollar
By CA Manu T George
The rupee today fell by 18 paise to trade at a four-week low of Rs 45.54 against the US currency in early trade, weighed down by dollar's gains against the major world currencies
 Rupee drops on weak shares; inflation eyed
By CA Nilesh Sahu
The Indian rupee fell on Friday tracking losses in local shares, which raised worries of foreign investors continuing to pull out funds from Asia's third-largest economy
 Rupee raises 6 paise against dollar in early trade
By CA Rashmi Sharma
The Rupee appreciated by 6 paise to Rs 45.07 a dollar at the Interbank Foreign Exchange market today, boosted by the greenback's weakness against euro and other major currencies
More »
ITAT-Constitution of Benches   RSS Feeds
 ITAT gives partial reprieve to Uber in tax demand case
By CA Atul Gupta
In a partial reprieve for Uber India, the Income Tax Appellate Tribunal (ITAT) has granted a stay against a tax demand levied on the cab-hailing company and restrained the authorities from imposing any penalty.
 Income Tax Appellate Tribunal, Chennai Benches, Chennai. Cause List for Bench Date : 17.09.2018
By CA Atul Gupta
Income Tax Appellate Tribunal, Chennai Benches, Chennai. Cause List for Bench Date : 17.09.2018
 Income Tax Appellate Tribunal, Hyderabad Benches, Hyderabad. Cause List Of Cases Posted Before A-Bench (DB & SMC ) 17.09.2018 To 21.09.2018
By CA Mayank Jain
Income Tax Appellate Tribunal, Hyderabad Benches, Hyderabad. Cause List Of Cases Posted Before A-Bench (DB & SMC ) 17.09.2018 To 21.09.2018
 Income Tax Appellate Tribunal, Hyderabad Benches, Hyderabad. Cause List Of Cases Posted Before B-Bench (Db & Smc ) - 10.09.18 To 14.09.18
By CA Atul Gupta
Income Tax Appellate Tribunal, Hyderabad Benches, Hyderabad. Cause List Of Cases Posted Before B-Bench (Db & Smc ) - 10.09.18 To 14.09.18
 Income Tax Appellate Tribunal, Cochin Benches Cause List Of DB For 10/09/2018
By CA Mayank Jain
Income Tax Appellate Tribunal, Cochin Benches Cause List Of DB For 10/09/2018
 Income Tax Appellate Tribunal, Mumbai Benches, Mumbai Consolidated Cause List Of SA/ MA/ Pronouncement For Friday 142018
By CA Devender Singh
Income Tax Appellate Tribunal, Mumbai Benches, Mumbai Consolidated Cause List Of Sa/ Ma/ Pronouncement For Friday 142018
 Income Tax Appellate Tribunal. Lucknow Benches" Lucknow Constitution For The Period From 17109/2018 To 20/09/2018 And From 24.09.201 8 To 28.09.201 8.
By CA S K Verma
Income Tax Appellate Tribunal. Lucknow Benches" Lucknow Constitution For The Period From 17109/2018 To 20/09/2018 And From 24.09.201 8 To 28.09.201 8.
More »
Finance Bills   RSS Feeds
 The Companies (Removal Of Difficulties) Seventh Order - dated 4th Sept 2014 New
By CA Manu T George
Whereas the Companies Act, 2013 (18 of 2013) (hereinafter referred to as the said Act) received the assent of the President on the 29th August, 2013 and section 143 of the Act,
 Finance & Commerce Ministry to discuss draft BIPA model tomorrow
By CA Nilesh Sahu
Officials of the finance and the commerce and industry ministries are scheduled to discuss the issues related to the draft text of the Bilateral Investment Promotion and Protection Agreement (BIPA) tomorrow.
 Union Finance Minister Shri Arun Jaitley said that the revenue targets fixed for Direct Taxes for the current Financial Year 2014-15 would not only be achieved but would also be surpassed
By CA Nilesh Sahu
The Union Finance Minister Shri Arun Jaitley hoped that the revenue targets fixed for Direct Taxes for the current Financial Year 2014-15 would not only be achieved but would also be surpassed.
 Finance ministry may pitch for higher tax exemption on health insurance
By CA Mayank Jain
The finance ministry is likely to pitch for a substantial increase in the income-tax exemption limit for health insurance as part of its plan to deepen insurance coverage. The ministry is examining a proposal that seeks to double the limit to 30,000 from 15,000.
 Finance minister reviews annual performance of public sector banks and financial institutions for 2013-14; calls for tougher action against wilful defaulters; highest ever more than 10,000 new branches opened during 2013-14
By CA Devender Singh
The Union Finance Minister Shri P. Chidambaram said that the last Financial Year 2013-14 was a difficult year even though there was positive movement towards greater stability.
 India Infrastructure Finance Company to raise Rs 7,000 crore through tax-free bonds
By CA Manu T George
State-owned India Infrastructure Finance Company (IIFCL) plans to raise Rs 7,000 crore via a public issue of tax-free bonds in October, according to a senior company official
 Finance Ministry hopes RBI focusses on promoting growth in policy tomorrow
By CA Atul Gupta
Ahead of tomorrow's monetary policy review, the Finance Ministry has expressed the hope that Reserve Bank will focus on promoting growth.
More »
Placements & Empanelment   RSS Feeds
 Section 48 Central Board Of Direct Taxes
By CA Rashmi Sharma
Whereas, sub-section (1) of section 48 of the Prohibition of Benami Property Transactions Act,1988 (45 of 1988)(hereafter referred to as the said Act) provides that a person preferring an appeal to the Appellate Tribunal under said Act may either appear in person or take the assistance of an authorised representative of his choice to present his case before the Appellate Tribunal; sub-section
 40 LPA-Opening General Manager Finance
By CA Andrew F Thomas
Salary: INR 30,00,000 - 40,00,000 P.A., Functional Area:Accounts , Finance , Tax , Company Secretary , Audit, PG:CA
 30 LPA-Opening AGM / Sr. Manager- Accounts and Tax- Leading Real Estate
By CA Nilesh Sahu
Salary: INR 25,00,000 - 30,00,000 P.A., Functional Area:Accounts , Finance , Tax , Company Secretary , Audit, PG:CA
 1 Cr LPA-Opening Chartered Accountant for Public Political Party
By CA Manu T George
Salary: INR 50,00,000 - 1 Cr & above P.A. No Bar,Functional Area:Accounts , Finance , Tax , Company Secretary , Audit
 55 LPA-Opening Recruiting Financial Managers in Canada with Family
By CA Rashmi Sharma
Salary: INR 40,00,000 - 55,00,000 P.A. incentives, Functional Area:Accounts , Finance , Tax , Company Secretary , Audit
 85 LPA-Opening Finance Manager / Accountants
By CA Nilesh Sahu
Salary: INR 45,00,000 - 85,00,000 P.A., Functional Area:Accounts , Finance , Tax , Company Secretary , Audit,
 30 LPA-Opening Real Estate Group Requires>ca>gm Accounts & Taxation
By CA Devender Singh
Salary: INR 25,00,000 - 30,00,000 P.A., Functional Area:Accounts , Finance , Tax , Company Secretary , Audit
More »
Direct Tax   RSS Feeds
 TDS cut but not paid to government? Here's why you shouldn't worry Income Tax alert
By CA Manu T George
A taxpayer whose company went bankrupt, filed his return of income for assessment year 2012-13 on July 31, 2012, that is, within the applicable due date. During the relevant period, the company had deducted Tax at Source (TDS) totalling to Rs 2.68 lakh from the salary payments made to the taxpayer.
 CBDT amends tax audit report format
By CA S K Verma
The Central Board of Direct Taxes (CBDT) recently amended the format of the tax audit report that all auditable companies and professionals whose turnover exceeds the prescribed thresholds under section 44AB of the Income Tax Act, 1961 (ITA), must submit.
 Direct taxes code task force to be reconstituted
By CA Ojas Aggarwal
The government will reconstitute the task force that was set up in November last year to draft a new direct taxes code. The existing panel, with Central Board of Direct Taxes member Arbind Modi as convenor, could not submit a report following disagreements on various aspects.
 Finance ministry to recast direct tax panel after discord on suggestions
By CA Atul Gupta
The finance ministry has decided to reconstitute the task force on direct taxes law owing to differences between the ministry and the panel as well as among the members of the committee. The panel was set up last year.
 Pay tax, get rewards from the government
By CA Atul Gupta
A cup of tea with the state governor, priority check-in at the airport, passports on priority, dedicated toll lanes, airport lounge access — these are some of the rewards that could be offered to exemplary taxpayers.
 Corporate advance tax growth rate doubles
By CA Devender Singh
Direct tax collection net of refunds for the April-September period grew by 14% to Rs 4.44 lakh crore, marginally below the growth rate of 14.4% required to achieve the Budget
 Central Board Of Indirect Taxes And Customs Notification No. 84/2018-Customs
By CA Ojas Aggarwal
In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes & Customs, being satisfied that it is necessary and expedient so to do,
More »
Tenders   RSS Feeds
 Airports Authority Of India, Chandigarh Ut, Chandigarh
By CA Manu T George
Sealed item rate quotations are invited by Airport Director, Airports Authority of India, Civil Air Terminal, Chandigarh on behalf of Chairman, Airports Authority of India for the following work from the reputed/ registered agencies having experience in similar nature of work.
 Security Printing And Minting Corporation Of India Limited, Mumbai, Maharashtra
By CA Andrew F Thomas
Interested tenderers may obtain further information about this tender from the above office selling the documents. They may also visit our website igmmumbai.spmcil.com for further details.
 Jabalpur Smart City Limited, Jabalpur, Madhya Pradesh
By CA Atul Gupta
Selection of Chartered Accountants Firm for Internal Audit, Taxation and other related works of Jabalpur Smart City Limited
 Housing And Urban Development Corporation Limited, Hudco Bhawan, I.H.C - Delhi
By CA Ojas Aggarwal
Vendors who are registered with MSME are also welcome to participate in the bidding as notified by the Ministry of Micro, Small and Medium Enterprises, GOI. No EMD shall be payable
 Ambedkar University, New Delhi
By CA S K Verma
E-Tenders are invited from Chartered Accountant Firms based in Delhi/NCT for preparation, compilation, presentation and finalisation of Annual Accounts of AUD along with Audit of Research Projects in Kashmere Gate Campus of the Dr B. R.Ambedkar University Delhi.
 Andaman And Nicobar Administration, Andaman And Nicobar Islands
By CA Andrew F Thomas
The Society ANIMERS was established in the year 2014, the A & N Islands Institute of Medical Science (ANIIMS) is functioning under the society, the civil works of the society are monitored by a technical division headed by OSD (Tech).
 Maharashtra Small Scale Industries Development Corporation Limited, Mumbai, Maharashtra
By CA Nilesh Sahu
Inviting online tender for Appointment of Chartered Accountant Firm on Contract Basis for Finalization of Account, Taxation and Internal Audit. All the prospective bidders can buy the tender from Govt.
More »
Transfer Pricing   RSS Feeds
 Transfer Pricing Adjustment - Status and Way Forward
By CA Rashmi Sharma
The issue of Advertising, Marketing and Promotion ('AMP") expenses is no longer res integra and has been dealt with by many high courts in India. The decisions of the high courts in various matters are now pending with the Supreme Court of India by way of Special Leave Petitions filed by Tax department as well as taxpayers.
 Transfer Pricing in India Explained
By CA Andrew F Thomas
In taxation and accounting, transfer pricing refers to the rules and methods for pricing transactions within and between enterprises under common ownership or control.
  Doing business in India: ‘Substance’ over ‘form’ in transfer pricing regime
By CA Nilesh Sahu
Although ‘substance over form’ has always been the guiding principle for any transfer pricing analysis in India, the new BEPS regime has further brought it into limelight
 Tax authorities focus on transfer pricing adjustments
By CA Devender Singh
According to the latest statistics, Romanian tax authorities rank transfer pricing ("TP") high on their agenda. Companies are increasingly aware of the risks they face unless they have the TP documentation ready when asked by the tax inspectors, yet many fail to take action in due time.
 Transfer Pricing: The AMP Issue Keep Oscillating
By CA Nilesh Sahu
Multinational Enterprises ("MNEs") set up subsidiaries in India to cater to the Indian market and capitalize on their brands. Such subsidiaries/Indian entities are entrusted with various functions ranging from license manufacturing to selling and distributing the products.
 Transfer pricing-A reputational risk?-Moore Stephens
By CA Devender Singh
Multinational corporations. Exotic offshore locations. A complex industry sector. Shipping has all the ingredients to excite those looking for tax avoidance headlines, yet it has largely escaped the negative publicity that has damaged other sectors. However, this may not always be the case.
 Department Of Consumer Affairs, Ahmedabad, Gujarat
By CA S K Verma
As you may be aware Bureau of Indian Standards (BIS) is working under Ministry of Consumer Affairs, Food & Public Distribution, Department of Consumer Affairs, Govt. of India and is engaged in Standardization, Certification (ISI Mark)
More »
Customs and Excise   RSS Feeds
  Notification No. 22/2018-Central Excise Ministry Of Finance
By CA Rashmi Sharma
In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India,
 Notification No. 21/2018-Central Excise Ministry Of Finance
By CA Nilesh Sahu
In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 11/2017-Central Excise, dated the 30th June, 2017,
 Notification No. 85/2018 - Customs (N.T.) Central Board Of Indirect Taxes And Customs
By CA S K Verma
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Indirect Taxes and Customs No.81/2018-CUSTOMS
 Ministry Of Finance Notification No. 69/2018 – Customs
By CA Mayank Jain
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act,1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do,
 Ministry Of Finance Notification No. 70 /2018–customs
By CA Manu T George
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance
 Central Board Of Direct Taxes Notification
By CA Mayank Jain
It is hereby notified for general information that the organization M/s Indian Council of Medical Research (PAN:- AAEAT4818Q) has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961
 Central Board Of Indirect Taxes And Customs Notification No. 62/2018-Customs
By CA Andrew F Thomas
In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 196 (52 of 1962), the Central Board of Indirect Taxes & Customs, being satisfied that it is necessary
More »
Mergers and Acquisitions   RSS Feeds
 A stabilizing Indian economy driving M&A deals in India
By CA Mayank Jain
After the twin policy shocks of demonetisation in November 2016 and GST rollout in July 2017, 2018 is being looked at as the year when M&A deals finally gain momentum
 India may miss target of auctioning solar, wind capacities in FY19
By CA Atul Gupta
India may miss the solar and wind energy auction target in the current fiscal, mainly due to rupee depreciation, safeguard duty and grid connectivity, India Ratings and Research said.
 To simplify filing requirements for mergers, acquisitions CCI revises Combination Regulations
By CA Ojas Aggarwal
In order to simplify the filing requirements for mergers and acquisitions (M&A) and expedite their disposal, the Competition Commission of India (CCI) on Wednesday said it has revised its Combination Regulations.
 Deals Of The Day-Mergers And Acquisitions October 9, 2018
By CA Nilesh Sahu
Deep-sea oil driller Ensco Plc said it would buy smaller rival Rowan Cos Plc in an all-stock deal valued at $2.38 billion, to take advantage of a nascent recovery in the sector fueled by strengthening oil prices.
 Deals of the day-Mergers and acquisitions October 4, 2018
By CA Mayank Jain
Comcast said it had secured over 75 percent of Sky’s shares, bringing it closer to finalising the $40 billion takeover of the British pay TV group.
 M&As poised to cross $100 billion-mark in 2018
By CA Manu T George
The value of mergers and acquisitions (M&As) involving Indian companies more than doubled in the first nine months of 2018 to a shade below the $100 billion mark.
 India rivals China on inbound M&A for first time in a decade
By CA Devender Singh
For the first time in a decade India is giving its larger geopolitical rival China a run for its money in attracting foreign investment. The two countries are neck and neck on the volume of cash allotted this year from overseas mergers and acquisitions, representing what some experts call a counter-balance to an investment landscape in Asia that until recently favoured China.
More »
Indirect Tax   RSS Feeds
  Indirect tax evasion cases post a decline in FY18-19
By CA S K Verma
A closer look at government data reveals that the Central Board of Direct Taxes (CBDT) has registered an over six-fold increase in the number of prosecution cases filed in courts to 4,524 in 2017-18 from 669 in 2014-15.
 Income tax return revision: How many times can a return be revised? Find out
By CA Nilesh Sahu
Income Tax Return: When it comes to revising your tax returns, you may have many questions related to it.
 CBDT notifies new I-T return forms
By CA Nilesh Sahu
The Central Board of Direct Taxes (CBDT) on Thursday notified income tax return (ITR) forms for assessment year 2018-19 (financial year 2017-18).
 Here are the key changes in tax rules to come into effect from today
By CA Andrew F Thomas
Finance Minister Arun Jaitley while presenting the Union Budget 2018 introduced some major changes in the tax structure which will become effective from today.
 GST revenue growth in 2018-19 to match last 10 years’ indirect tax growth, says SBI report
By CA Devender Singh
The goods and services tax collection would grow at a rate of 14 percent to 16 percent for FY18-19, SBI report said.
 Things You Should Know Before Filing Your Income Tax Returns (ITR)
By CA Devender Singh
The last day to file income tax returns for assessment years 2016-17 and 2017-18 is March 31. The Income Tax (IT) department has been issuing some warnings which tax payers should be wary of before filing their income tax returns by March 31, the last to file belated income tax returns.
 All education loans do not get income tax benefits
By CA Manu T George
While education loans from all banks can provide you the section 80E benefit, loans from NBFCs may or may not
More »
Various Acts & Rules   RSS Feeds
 Customs Tariff 2009-10 - PART-II - Chapter 98 - Project imports, Laboratory chemicals, passenger's baggage
By CA Atul Gupta
This Chapter is to be taken to apply to all goods which satisfy the conditions prescribed therein, even though they may be covered by a more specific heading elsewhere in this Schedule.
 Customs Tariff 2009-10 - PART-II - Chapter 97 - Works of art, collectors' pieces and antiques
By CA Atul Gupta
Unused postage or revenue stamps, postal stationery (stamped paper) or the like of heading 4907
 Customs Tariff 2009-10 - PART-II - Chapter 96 - Miscellaneous manufactured articles
By CA Mayank Jain
Articles of Chapter 66 (for example, parts of umbrellas or walking-sticks);
 Customs Tariff 2009-10 - PART-II - Chapter 95 - Toys, games and sports requisites; parts and accessories thereof
By CA Ojas Aggarwal
Toys, games and sports requisites; parts and accessories thereof
 Customs Tariff 2009-10 - PART-II - Chapter 94 - Furniture; bedding, mattresses, mattress supports
By CA Atul Gupta
Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated signs, illuminated name-plates and the like; prefabricated buildings.
 Customs Tariff 2009-10 - PART-II - Chapter 93 - Arms and ammunition; parts and accessories thereof
By CA Nilesh Sahu
telescopic sights or other optical devices suitable for use with arms, unless mounted on a firearm or presented with the firearm on which they are designed to be mounted (Chapter 90);
 Customs Tariff 2009-10 - PART-II - Chapter 92 - Musical instruments; parts and accessories of such articles
By CA Devender Singh
parts of general use, as defined in Note 2 to Section XV, of base metal (Section XV), or similar goods of plastics (Chapter 39);
More »
Department of Companies Affairs   RSS Feeds
 Impose tax on windfall profits of pvt oil cos: CPM tells Govt
 Taxes fuel petrol, diesel prices globally
 Department of Economic Affairs seeks hike in spectrum fee
 Rising yen gives companies the jitters
 ROC Forms
 ROC Circulars
 ROC Notifications
More »
Help   RSS Feeds
 Query
 Suggestions
 Information
 Results
More »
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Team

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions