Search For "1961"
Maharashtra, Goa Bar Council to protest against Law Commission's draf
Updated : 8 years, 6 months ago IST
Mumbai (Maharashtra) [India], Mar. 28 (ANI): In protest against the Law Commission's proposed amendments in Advocates Act 1961, also known as the 'Amendment Bill 2017', the Bar Council of Maharashtra and Goa, following the appeal made by the Bar Council of India, has decided
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BCI submits direction to SC to hold election to the Bar Council of J-K
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb. 3 (ANI): The Bar Council of India (BCI) on Friday made a submission before a division bench of the Supreme Court headed by the Chief Justice Jagdish Singh Khehar submitting to the direction of the Court to hold election to the Bar Council of Jammu and Kashmir for the
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CBDT issues clarifications on implementation of GAAR provisions under Inco
Updated : 8 years, 6 months ago IST
New Delhi [India], Jan 27 (ANI): The Central Board of Direct Taxation (CBDT) on Friday issued the provisions of General Anti Avoidance Rule (GAAR) contained in Chapter X-A of the Income Tax Act, 1961, with the provisions effective from assessment year 2018-19 onwards, i.e. financial year 201
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CBDT issues clarification on indirect transfer provision under the IT Act,
Updated : 8 years, 6 months ago IST
New Delhi [India], Jan 18 (ANI): The Central Board of Direct Taxation (CBDT) on Wednesday issued clarification on Indirect Transfer provisions in respect to circular no. 41/2016, which was issued on December 21, 2016.
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Govt. clarifies status of political parties under Income Tax Act
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 17 (ANI): The Ministry of Finance, Department of Revenue, and Central Board of Direct Taxes on Saturday issued a joint statement giving a clarification on status of political parties under Income Tax Act, 1961.
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I.T. department issues clarification of status of political parties under
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec.17 (ANI):There have been some newspaper reports which seem to wrongly suggest that there cannot be any scrutiny of Income-tax returns of political parties registered with the Election Commission in the context of deposits of old currency notes. This inference seems to
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CBDT issues norms for filing of revised 'Income Tax Returns' by
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec 14 (ANI): Under the existing provisions of section 139(5) of the Income-tax Act, 1961 ('Act'), Revised Return can only be filed if any person, who has filed a return under section 139(1) of the Act or in response to notice u/s 142(1), discovers any omission o
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Indian govt lifted staff member on 'false, unsubstantiated' char
Updated : 8 years, 6 months ago IST
Islamabad [Pakistan] Oct. 27 (ANI): Pakistan on Thursday condemned India's declaring Pakistan's High Commission Staff member as Persona Non Grata (PNG) and stated the action is a violation of the Vienna Convention signed in 1961.
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Now, e-Postal Ballot System for armed forces voters
Updated : 8 years, 6 months ago IST
New Delhi [India], Oct.25 (ANI): The government has issued a notification, amending Rule 23 of the Conduct of Elections Rules, 1961, enabling service voters, including armed forces personnel, to cast their vote in elections through e-postal ballot.
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Approval for eligible projects under Section 35AC of IT Act only till Dec.
Updated : 8 years, 6 months ago IST
New Delhi, Aug.19 (ANI): The Department of Income Tax has said that requests received after December 31, 2016 for grant, modification and extension of approval for eligible projects or schemes under Section 35AC of the Income Tax Act, 1961 beyond March 31, 2017 shall not be considered or ent
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FICCI Ladies Organisation (FLO) welcomes Maternity Benefit (Amendment) Bil
Updated : 8 years, 6 months ago IST
New Delhi Aug 13 (ANI): FICCI Ladies Organisation (FLO) has welcomed the passing of the Maternity Benefit Bill 2016, an amendment to the original Bill of 1961.
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CBDT announces framework for computation of book profit for MAT levy
Updated : 8 years, 6 months ago IST
New Delhi, Aug.5 (ANI): A committee had been constituted, with the approval of the Finance Minister, to suggest the framework for computation of book profit for the purposes of levy of MAT under section 115JB of the Income-tax Act, 1961 for Indian Accounting Standards (Ind AS) compliant co
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