April 2017 - NRC Advisory

Conveyance Allowance Limit for FY 2017-18 & AY 2018-19

What is Conveyance Allowance? Conveyance allowance, also called Transport Allowance is a type of allowance offered to employees of a com...

Tax Updates: 1. 30-04-2017 (Sunday) is LAST DATE for Payment of Income Tax in Challan No. ITNS-281.(TDS) 2. Date of filing of DVAT...

Tax Updates 1. Under GST Records can be kept in electronic form & authenticated by Digital Signature. Backups should be taken ...

The Central Board of Direct Taxes (CBDT) has made itclear that income from letting out buildings /developed space along with other amenit...

GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES (POLICY BRANCH) VYAPAR BHAWAN, I.P.ESTATE, ...

F.No.137/99/2011-Service Tax Government of India Ministry of Finance Department of Revenue Central Board of Excise & C...

Tax Updates: 1. When the assesses has satisfactorily explained the delay in filing the return, he cannot be denied the claim for carry...

Tax Updates: 1. Loan from a Company wherein the Partners of the Firm are Shareholders is not ‘Deemed D ividend’, Not Taxable in the hands o...

Tax Updates : 1. CBDT has decided that if due tax under PMGKY, has been received by 31st March, 2017, and deposit in the Bond Deposit ha...

Tax Updates : 1. PMGKY Circular 14/2017 dated 21-04-2017, date of making deposit in bonds had been extended to 30th April 2017 vide Note d...

The Income tax Appellate Tribunal (ITAT) which adjudicates Incometax (IT) disputes, has held that an amount deducted by an employer for n...

The Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana,2016 (PMGKY) had commenced on 17th December, 2016 and was open ...

Tax Updates: 1. Central Govt. has issued Draft GST Rules on Accounts & Records, Appeals & Revision and Advance Ruling on April...

Panel to review misconduct rules for accounting professionals he ministry of corporate affairs (MCA) has constituted a highlevel comm...

Tax Updates : 1. From July 1, 2017, all tax returns will have to mention the Aadhaar NO. , as per Sec 139AA of Income Tax Act. If you ...

Returns Under GST, How to File GST Return, GST Return – All Formats How to File GST Return, Every registered taxable person has to ...