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Old 11-28-2016, 11:25 AM
Alka Thakur Alka Thakur is offline
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Join Date: Nov 2015
Posts: 362
Default Latest India Tax News 26th November 2016

  • No more- over the counter exchange of SBNs (Rs 500 & Rs 1000 notes) w.e.f. midnight of 24.11.2016. RBI/2016-17/155 dated 24.11.2016.
  • In GST Enrolment, fill details of Resident Directors. Give Foreign Directors details when makes changes to fill foreign address.
  • Interest income on Gold Monetisation Deposit Certificates is exempt.
  • Section 54F exemption not allowed for unutilised amount not deposited in specified bank account (Humayun Suleman Merchant Vs CCIT (Bombay High Court).


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