Corporate Law Reporter - The Daily Journal

Data Privacy & Protection – Regulatory Framework – 19th/20th April, 2018

Corporate Law Reporter is proud to be associated with Corpkonnect and invites you to our upcoming full day Masterclass on Data Privacy & Protection - Regulatory Framework scheduled in Mumbai on 19th April at Hotel Mirage Gurgaon on 20th April at Hotel Ramada Bangalore on 20th April at Hotel Pride Workshop Timings: 09:30 AM – 05:30 PM Workshop Agenda: Indian Data & Privacy… Read More

Central Goods and Services Tax (Fourth Amendment) Rules, 2018 notified

Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs Notification No. 21/2018 – Central Tax New Delhi, the 18th April, 2018 G.S.R……(E).- In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government hereby makes… Read More

Extension of due date for filing of application for refund under section 55 by notified agencies

Government of India Ministry of Finance Department of Revenue Central Board of Excise and Custom s Notification No. 20/2018 – Central Tax New Delhi, the 28th March, 2018 G.S.R....(E).- Whereas, as per section 55 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said… Read More

Six more states to roll out intra-State e-way bills from April 20

As per the decision of the GST Council, e-Way Bill system for all inter-State movement of goods has been rolled out from 01st April, 2018. As on 15th April, 2018, e-Way Bill system for intra-State movement of goods has been rolled out in the States of Andhra Pradesh, Gujarat, Karnataka, Kerala, Telangana and Uttar Pradesh. E-Way Bills are… Read More

Clarification on the manner of filing the Quarterly Return by Composition Dealers in FORM GSTR-4

Doubts are being raised about the manner of filing the quarterly return by composition dealers in FORM GSTR-4. In particular, there is a doubt with respect to the instruction at Sl. No. 10 appended to the said FORM which reads as below: For the tax periods July, 2017 to September, 2017 and October, 2017 to December,… Read More

Guidelines for issuance of debt securities by REITs and InvITs

CIRCULAR SEBI/HO/DDHS/DDHS/CIR/P/2018/71 April 13, 2018 To All Real Estate Investment Trusts (REITs) All Infrastructure Investment Trusts (InvITs) All Parties to REITs/InvITs All Stock Exchanges (other than Commodity Exchanges) All Merchant Bankers Dear Sir/Madam, Sub: Guidelines for issuance of debt securities by Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) 1. SEBI (Real Estate… Read More

Amendment to SEBI (STP Centralised Hub and STP Service Providers) Guidelines, 2004

Securities and Exchange Board of India CIRCULAR SEBI/HO/MIRSD/DOSR1/CIR/P/2018/0000000072 April 17, 2018 To, 1. All Recognised Stock Exchanges, Clearing Corporations and Depositories 2. All recognised Depositories 3. Association of Mutual Funds in India 4. Custodians 5. STP service providers and STP Centralized Hub Dear Sir / Madam, Subject: Amendment to the Securities and Exchange Board of… Read More

Requirement for obtaining PAN card u/s 139A of IT Act, 1961 eased for corporate assessees

In case of a company, an application for incorporation, allotment of Permanent Account Number (PAN) and allotment of Tax Deduction and Collection Account Number (TAN) may be made through a Common Application Form submitted to the Ministry of Corporate Affairs (MCA). In these cases, the Certificate of Incorporation (COI) issued by MCA contains a mention… Read More

Govt. notifies Income-tax (5th Amendment) Rules, 2018

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 11th April, 2018 INCOME-TAX S.O.1558.(E).— In exercise of the powers conferred by section 295 read with section 9A of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend… Read More

CBDT notifies the Protocol amending the Double Taxation Avoidance Convention between India and Kazakhstan

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 13th April, 2018 PRESS RELEASE CBDT notifies the Protocol amending the Double Taxation Avoidance Convention (DTAC) between India and Kazakhstan A Protocol to amend the existing Double Taxation Avoidance Convention (DTAC) between India and Kazakhstan, earlier signed on 9… Read More

CBDT issues draft proposing to amend Rule 44E, Form 34C, 34D and 34DA to improve transparency in relation to tax rulings

F.No.370142/34/2016-TPL (Part) Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) ***** New Delhi, April 10, 2018 Sub: Draft notification proposing an amendment to rule 44E, Form 34C, 34D and 34DA as per BEPS action item 5, for improving transparency in relation to tax rulings– comments and suggestions-reg. Under Base… Read More

Allowance for members nominated for disciplinary Committee increased to Rs.10,000 for CA,CWA and CS

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 9th April, 2018 G.S.R. 348 (E).—In exercise of the powers conferred by clauses (c) and (d) of sub-section (2) of section 29A read with sub-section (4) of section 21 and sub-sections (2) and (4) of section 21B of the Chartered Accountants Act, 1949 (38 of 1949), the… Read More

Queries regarding processing of refund applications for UIN agencies: CBIC

Circular No. 43/17/2018-GST F. No. 349/48/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing New Delhi, Dated the 13th April, 2018 To, The Principal Chief Commissioners/Chief Commissioners/Principal Commissioners/ Commissioners of Central Tax (All) The Principal Director Generals/ Director Generals (All) Madam / Sir, Subject:… Read More