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What's New

  • ‘CBEC clarifies that in respect of High Sea Sales tax will be paid once by the importer who clears the goods from Customs’

  • Due date to file DVAT return has been extended to 17th Aug 2017 from 28th July 2017

  • Taxpayers provisionally migrated to GST by virtue of being registered under existing laws but who are no longer required to be registered, can apply for cancellation up to September 30, 2017

  • CBDT has revised form 3CEFA in accordance with revised Safe Harbour Rules

  • CBDT clarifies that TDS shall not be deducted on GST portion if disclosed separately in the agreement or contract between the payer and the payee

  • Service Tax return for the period 1st April 2017 to 30th June 2017 has to be filed by 15th August 2017 wide Notification No.18/2017 dated 22nd June 

    Department of Consumer Affairs allows change in MRP on unsold stock prior to implementation of GST till 30th September 2017

  • CBDT, vide notification no. 56/ 2017 dated 27th June 2017, has made it mandatory for persons eligible to obtain Aadhaar Number, to quote the Aadhaar Number (if allotted) or the Enrolment Id (in case Aadhaar Number has been applied for) along with name as per Aadhaar Card or Enrolment Id of Aadhaar Application form (as the case may be) in the PAN application form with effect from 1st July 2017.

  • GST Council relaxes return filing procedure for first two months of GST implementation and rules out any delay for July 1 GST roll-out, in its 17th Meeting on June 18

  • MCA vide its Notification dated 13th June, 2016 has specified further exemptions to Private Limited Companies under the Companies Act, 2013

    MCA amends principal exemption notification dated 5th June, 2015, applicable to Section 8 Companies & Government Companies

  • CBDT notifies TP Tolerance level of 1% in respect of wholesale trading and 3% in all others cases for the assessment year 2017-18 and assessment year 2018-19.

  • The CBDT has, vide notification no. 44/2017 dated 5th June 2017, notified the cost inflation index for the financial year 2017-18 as 272 (taking FY 2001-02 as the base year).

  • Our Firm's international reach expands significantly. Morison International (MI) and KS International (KSi) have merged to form a US$1 billion strong international association. The name of the new association will be Morison KSi. 

     

  • Check out new posts on our Tax Blog: thetaxkey.wordpress.com

Expert Views

  • Article on 'Patent Box Regime'
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  • AMENDMENT IN INDIA-MAURITIUS TREATY (Written by CA. Parul Jolly)
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  • TDS on Reimbursement of expenditure
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  • Government of India Ministry of Corporate Affairs Notification dated 19.03.2015 - E-VOTING
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  • MCA has notified The Companies ( Auditorís Report ) Order 2015, (CARO 2015) recently on 10th April, 2015 .
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