Announcement

Collapse
No announcement yet.

Latest India Tax News 3 March 2017

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Latest India Tax News 3 March 2017

    1. India´s revised tax treaty with Singapore, aimed at checking round tripping of funds, has come into force. The principal clause allowing levy of capital gains tax on investments routed through Singapore will come into force from April 1.
    2. GST to be implemented from 1st July! As informed by Economic Affairs Secretary Shaktikanta Das, all the states have agreed for the GST implementation from the said date.
    3. GST Late Returns would attract fee @ Rs.100 per day subject to maximum of Rs.5000. This fee is separate for each return i.e. GSTR-1, 2, 3 etc.
    4. Limitation period of one year is not applicable for claiming refund of Excise taxes paid under protest. High Court of Punjab and Haryana in the case of CCEC Chandigarh-1 Vs. Ind. Swift Lands Ltd.
    5. SEBI has made various amendments to the existing norms for settlement of administrative and civil proceedings, to streamline and strengthen the settlement process.
    6. CA guilty of professional misconduct as he failed to highlight suspicious book entries during audit. High Court of Delhi. ICAI vs. CA G.S. Johar.
    7. NIRC of ICAI is organizing two day conclave on GST on 4 & 5 March at 9.30 AM at India Habitat Centre, Lodhi Road, New Delhi. Register at www.nircseminars.org
    8. We are organizing a Dubai Educational Tour from 15th to 19th April, 2017 4N/5D in 4* Hotel Stay, Daily breakfast, Lunch and Dinner, Return Tickets, Dubai city tour, Desert safari with BBQ Dinner, Marina Dhow cruise with Dinner, Visa Fees, @ 49000/- PP. For any query please contact:-9811081083.
Working...
X