Tweet
1. CBDT issued Clarifications on implementation of GAAR provisions under the Income Tax Act, 1961 that it shall be effective from assessment year 2018-19 onwards. The necessary procedures for application of GAAR and conditions have been enumerated in Rules 10U to 10UC of the Income-tax Rules, 1962.
2. No TP adjustment due to location savings without carrying out comparability analysis. [2017] 77 taxmann.com 220 (Mumbai - Trib.).
3. In case of default in filing of GST Returns, notice will be issued to defaulter to file returns in 15 days.
4. 31.01.2017 is LAST DATE to file TDS Returns in Forms 24Q, 26Q, & 27Q by ALL DEDUCTORS, for Dec Quarter of 2016-17.
5. MCA issues The Companies (Incorporation) Amendment Rules, 2017. Form No.INC-11 & INC-32 substituted w.e.f. 30.01.17. MCA Notification dated 25.01.2017.
6. SEBI on 5th January, 2017 has issued a circular on "Guidance note on Board Evaluation" in order to give more clarity on the process of Board Evaluation and guidance.
7. The National Company Law Tribunal (NCLT) admitted first application on Wednesday an insolvency petition filed by UB Engineering Ltd (UBEL), part of the Vijay Mallya-owned UB Group.
8. The result of CA - IPC Exam held in Nov, 2016 is likely to be declared on Tuesday, the 31st January 2017 around 6.00 P.M. and will be available at icaiexam.icai.org.
2. No TP adjustment due to location savings without carrying out comparability analysis. [2017] 77 taxmann.com 220 (Mumbai - Trib.).
3. In case of default in filing of GST Returns, notice will be issued to defaulter to file returns in 15 days.
4. 31.01.2017 is LAST DATE to file TDS Returns in Forms 24Q, 26Q, & 27Q by ALL DEDUCTORS, for Dec Quarter of 2016-17.
5. MCA issues The Companies (Incorporation) Amendment Rules, 2017. Form No.INC-11 & INC-32 substituted w.e.f. 30.01.17. MCA Notification dated 25.01.2017.
6. SEBI on 5th January, 2017 has issued a circular on "Guidance note on Board Evaluation" in order to give more clarity on the process of Board Evaluation and guidance.
7. The National Company Law Tribunal (NCLT) admitted first application on Wednesday an insolvency petition filed by UB Engineering Ltd (UBEL), part of the Vijay Mallya-owned UB Group.
8. The result of CA - IPC Exam held in Nov, 2016 is likely to be declared on Tuesday, the 31st January 2017 around 6.00 P.M. and will be available at icaiexam.icai.org.