Tweet
1. CBDT prescribes allotment of PAN & Tax Deduction and Collection Account Number through common application form. The 2. Income Tax (2nd Amendment) Rules, 2017.
2.Income Tax Department is developing an app that will soon allow assessees to pay taxes or apply for PAN using smart phones. The department is also working on a project to issue PAN to assessees within minutes by way of e-KYC authentication using Aadhaar.
3. Where person from whom cash was seized during demonetization 2016 and he was not tried under any provision of law, he would be eligible to deposit amount in PMGKY deposit scheme on or before 30-3-2007. [2017] 78 taxmann.com 172 (Punjab & Haryana).
4. Under GST separate invoice to be issued for reverse charge & forward charge goods & services. Both can’t be clubbed together in single invoice.
5. Indirect tax collections increase by 16.9 per cent in January and the government is on track to achieve its revised tax target for the current fiscal.
6.MCA has revised the versions of eForms - Form AOC-4, Form AOC-4 XBRL, Form GNL-2 w.e.f 17th February, 2017.
7. The Cabinet on Wednesday approved the proposed merger of State Bank of India (SBI) and five subsidiaries SBBJ, SBH, SBM, SBP and SBT — a combination that will create the first Indian lender to rank among the world’s top 50.
8. Due Date for Payment of ESI of Jan: 21.02.2017 and E-Payment of DVAT & CST Tax for Jan: 21.02.2017.
2.Income Tax Department is developing an app that will soon allow assessees to pay taxes or apply for PAN using smart phones. The department is also working on a project to issue PAN to assessees within minutes by way of e-KYC authentication using Aadhaar.
3. Where person from whom cash was seized during demonetization 2016 and he was not tried under any provision of law, he would be eligible to deposit amount in PMGKY deposit scheme on or before 30-3-2007. [2017] 78 taxmann.com 172 (Punjab & Haryana).
4. Under GST separate invoice to be issued for reverse charge & forward charge goods & services. Both can’t be clubbed together in single invoice.
5. Indirect tax collections increase by 16.9 per cent in January and the government is on track to achieve its revised tax target for the current fiscal.
6.MCA has revised the versions of eForms - Form AOC-4, Form AOC-4 XBRL, Form GNL-2 w.e.f 17th February, 2017.
7. The Cabinet on Wednesday approved the proposed merger of State Bank of India (SBI) and five subsidiaries SBBJ, SBH, SBM, SBP and SBT — a combination that will create the first Indian lender to rank among the world’s top 50.
8. Due Date for Payment of ESI of Jan: 21.02.2017 and E-Payment of DVAT & CST Tax for Jan: 21.02.2017.