CIRCULARS AND NOTIFICATIONS |
DIRECT TAXES |
I |
NOTIFICATIONS |
1. |
CBDT notifies Income Tax Return Forms for Assessment Year 2018-19-Notification No. 16/2018, dated 3-4-2018. |
2. |
Procedure for submission of Form No. 60. |
3. |
Procedure for registration and submission of Form No. 61. |
4. |
Procedure for registration and submission of statement of financial transactions (SFT) as per Section 285BA of Income-tax Act, 1961. |
5. |
Procedure for registration and submission of Statement of Reportable Account as per Section 285BA of Income-tax Act, 1961. |
6. |
Transport allowance of R1600/- pm omitted w.e.f. AY 2019-20. |
7. |
Minor Amendment in Form 49A/49AA - Notification No. 18/2018, dated 9-4-2018. |
II. |
PRESS RELEASES/INSTRUCTIONS/OFFICE MEMO-RANDUM |
1. |
India and Hong Kong sign Double Taxation Avoidance Agreement (DTAA) – Press Release, dated 19-3-2018. |
2. |
CBDT issues clarification regarding requirement for furnishing of Country-by Country report under Section 286(4) of IT Act, 1961 – Press Release, dated 23-3-2018. |
3. |
CBDT extends date for linking of Aadhaar with PAN – Press Release, dated 27-3-2018. |
4. |
Indian Advance Pricing Agreement regime moves forward with the signing of 16 APAs by CBDT in March, 2018 – Press Release, dated 3-4-2018. |
5. |
Clarification regarding applicability of standard deduction to pension received from former employer – Press Release, dated 5-4-2018 |
6. |
CBDT notifies the Protocol amending the Double Taxation Avoidance Convention (DTAC) etween India and Kazakhstan – Press Release, dated 13-4-2018. |
INDIRECT TAX |
CUSTOMS |
1. |
Pre-Notice Consultation Regulations, 2018. |
2. |
International courier terminals. |
3. |
Refund of IGST on Export-Extension of date in SB005 alternate mechanism cases & clarifications in other cases-reg. |
4. |
Clarification regarding EGM related cases in case of Refund of IGST on Export. |
GOODS & SERVICES TAX |
1. |
Processing of Claims for Refund. |
2. |
Introduction of e-way bill. |
3. |
Clarification on issues related to Job Work. |
FEMA |
1. |
Liberalised Remittance Scheme for Individuals – Daily Reporting of Transactions. |
2. |
Foreign Exchange Management (Cross Border Merger) Regulations, 2018. |
3. |
Foreign Investment in India |
4. |
Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India), Regulations, 2018. |
5. |
Gist of some Compounding Orders passed by Reserve Bank of India. |