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Newsletter October'2016: Important Circulars & Notifications

Compliance Updates

Newsletter October’2016: Important Circulars & Notifications

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Section 14A cannot be invoked if there is no regular activity in respect of Investment. Addition for mere appearing of TDS credit in form 26AS not justified. Allowance of Chapter VI-A Deduction on enhanced Profits. Judgment of Delhi high court quashing rule 5A(2) of service tax rules, 1994 and holding service tax audits as invalid, has been stayed by Supreme Court. GST Rates Decided, 4 Slabs Ranging From 5 To 28%. Existing 80 Lakhs Assessees To Transfer on GSTN w.e.f 8th November 2016