Posted On:  8 months ago


E-mail based communication for Paperless Assessment proceedings – review of performance

Please refer to the earlier communications of this Division dated 03.02.2016, 16.02.2016 & 27.07.2016 on the above subject. 2. The scheme for Paperless Assessment Proceedings is under implementation in seven metro cities namely Ahmedabad, Bengaluru, Chennai, Delhi, Mumbai, Hyderabad & Kolkata.

article author One Roof Consultant

Posted On:  1 year ago


Annual return on Foreign Liabilities and Assets under FEMA

Annual return on Foreign Liabilities and Assets has been notified under FEMA 1999 and it is required to be submitted by all the India resident companies which have received FDI and/ or made overseas investment in any of the previous year(s), including current year by July 15 every year. Non-filing of the return before due date will be treated as a violation of FEMA and penalty clause may be invoked for violation of FEMA.

article author CS Perila Sheth

Posted On:  2 years ago


Know More About Form 15CA

Form 15CA is a Declaration of Remitter and is used as a tool for collecting information in respect of payments which are chargeable to tax in the hands of recipient non-resident. This is starting of an effective Information Processing System which may be utilized by..

article author Manish Savalkar

Posted On:  2 years ago


Certificate under Rule 37BB of Income Tax Rules, 1962

This article describes major issues about TDS applicability, TDS rates in foreign remittances and recent amendment in Section 195 (6) as also recent decision of Pune ITAT on applicability of Section 206AA.

article author Milind Kulkarni

Posted On:  2 years ago


15CA and 15CB

Form 15CA is a Declaration of Remitter and is used as a tool for collecting information in respect of payments which are chargeable to tax in the hands of recipient non-resident.

article author Manish Savalkar