1. CBDT signed four more unilateral Advance Pricing Agreements (APAs) pertain to the manufacturing, financial and Information Technology sectors of the economy.
2. Section 50C doesn't apply to transfer of leasehold rights in land: Bombay High Court. [2017] 77 taxmann.com 308 /[2016] 389 ITR 68.
3. Under GST, in case of export of goods, refund can be applied after delivery of export manifest or export report at customs before departure of conveyance.
4. RBI issued circular that no limit on cash withdraw from saving account from 13 March and limit will be raised to Rs. 50000 per week from existing Rs. 24,000 w.e.f 20th February.
5. The Lok Sabha on Tuesday passed the Payment of Wages (Amendment) Bill, 2017 which allows for digital payment of salaries or through cheque.
6. Names of Audit Firms approved for appointment as Statutory Central Auditors in 25 Public Sector Banks for the year 2016-17.
2. Section 50C doesn't apply to transfer of leasehold rights in land: Bombay High Court. [2017] 77 taxmann.com 308 /[2016] 389 ITR 68.
3. Under GST, in case of export of goods, refund can be applied after delivery of export manifest or export report at customs before departure of conveyance.
4. RBI issued circular that no limit on cash withdraw from saving account from 13 March and limit will be raised to Rs. 50000 per week from existing Rs. 24,000 w.e.f 20th February.
5. The Lok Sabha on Tuesday passed the Payment of Wages (Amendment) Bill, 2017 which allows for digital payment of salaries or through cheque.
6. Names of Audit Firms approved for appointment as Statutory Central Auditors in 25 Public Sector Banks for the year 2016-17.
Comment