India Forums



Go Back   India Forums > India Business & Industry > Business to Business
FAQ Members List Calendar Search Today's Posts Mark Forums Read


 
 
Thread Tools Search this Thread Display Modes
  #1  
Old 03-18-2017, 11:14 AM
Shilparana's Avatar
Shilparana Shilparana is offline
Senior Member
 
Join Date: Sep 2014
Posts: 971
Default Latest India Tax News 18 March 2017

1. Income tax penalty cannot be levied for Bonafide mistakes in making wrong claim. Case name : Wadhwa Estate & Developers India pvt. Ltd vs ACIT (ITAT Mumbai)
2. GST council approved two crucial bills -- State and Union Territory GST -- paving the way for tabling of the GST bills in the current session of parliament and respective state assemblies and introduction of the new indirect taxation system from july.
3. In GST law, supplier has to issue credit/ debit note, in case of incorrect amount of supplies or GST, return of goods or deficiency in supplies.
4. MCA has issued show-cause notices to 1,018 companies for non-compliance of CSR norms even as a parliamentary panel has suggested putting in place a stricter monitoring and compliance mechanism.
5. SEBI issued guidelines for mutual fund advertisements, allowing use of celebrities to increase awareness of the rs. 17.9 lakh crore industry. The regulator also tweaked the performance disclosure requirement.
6. LAST DATE FOR *RETROSPECTIVE RESTORATION OF MEMBERSHIP* AND COP REMOVED DURING THE YEAR 2016-17 IS 31ST MARCH, 2017https://ssl.gstatic.com/ui/v1/icons/mail/images/cleardot.gif

 


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump

All times are GMT +5.5. The time now is 11:32 AM.


Powered by vBulletin Version 3.5.5
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.