Notifications For the year 2016

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TMI - e-Newsletter TaxTMI Excess Input Tax Credit penalty appeal dismissed... TaxTMI Income Tax Assessment Notice Issued by... TaxTMI Excessive delay in issuing show cause notice &... TaxTMI Rectification: Show Cause Notice quashed for period... TaxTMI Investor locked into long-term capital gains bonds;... TaxTMI Funds received by assessee overlooked during... TaxTMI Cash deposits explained through VAT returns, cash... TaxTMI Customs duty dispute: Imported goods classified as... TaxTMI Appointment of adjudicator for corporate penalties... TaxTMI Undisclosed investments, agricultural land... TaxTMI Taxpayer's victory: AO's order upheld, PCIT's... TaxTMI Non-resident Singapore firm's software licensing... TaxTMI Excessive transport expenses deduction and TDS... TaxTMI Importer imports "Ground Colemanite (B2O3 40%)... TaxTMI Bank penalized for delayed reporting of high-value... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

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Customs
No. 40/2016 - Dated: 16-3-2016 - Cus (NT)
Appointment of Common Adjudicating Authority
Income Tax
No. 17/2016 - Dated: 16-3-2016 - IT
Agreement for Avoidance of double taxation and prevention of fiscal evasion with foreign countries - Republic of Indonesia
No. 16/2016 - Dated: 16-3-2016 - IT
Section 10(46) of the Income-tax Act, 1961 – Central Government notifies “National Biodiversity Authority” for dealing with specified income
No. 15/2016 - Dated: 16-3-2016 - IT
Section 10(46) of the Income-tax Act, 1961 – Central Government notifies Karnataka Urban Water Supply and Drainage Board a Board constituted under the Karnataka Urban Water Supply and Drainage Board Act, 1973 (Karnataka Act No. 25 of 1974), in respect of the following specified income arising to that Board
Indian Laws
No. F. No. 12018/1/2006-Ins.IV - G.S.R. 314(E) - Dated: 16-3-2016 - Indian Law
Indian Insurance Companies (Foreign Investment) Amendment Rules, 2016
Central Excise
No. 22/2016 - Dated: 15-3-2016 - CE (NT)
Seeks to amend Notification No. 20/2016-Central Excise (N.T.) dated 01.03.2016 [Central Excise (Removal of Goods at Concessional Rate of Duty for Manufacture of Excisable and Other Goods) Rules, 2016] so as to notify 16.03.2016 as the date from which the said rules will be effective. Further the requirement of submission of security for availing the benefit under the said notification is being done away with.
Customs
No. 39/2016 - Dated: 15-3-2016 - Cus (NT)
Seeks to amend Notification No. 32/2016-Cus (N.T.) dated 01.03.2016 [Customs (Import of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 2016] so as to notify 16.03.2016 as the date from which the said rules will be effective. Further the requirement of submission of security for availing the benefit under the said notification is being done away with
No. 38/2016 - Dated: 15-3-2016 - Cus (NT)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver
No. 9/2016 - Dated: 15-3-2016 - ADD
Seeks to levy definitive anti-dumping duty on imports of all kinds of plastic processing machines or injection moulding machines, also known as injection presses, having clamping force equal to or more than 40 tonnes, and equal to or less than 3200 tonnes, used for processing or moulding of plastic materials originating in, or exported from Chinese Taipei, Philippines, Malaysia or Vietnam for a period of five years.
No. F.No. D-22011/26/2015/Pt-III - Dated: 15-3-2016 - Safeguard
Safeguard investigation concerning imports of “Hot-rolled flat products of non-alloy and other alloy Steel in coils of a width of 600 mm or more” into India Final Findings
Income Tax
No. S.O. 1103(E) - Dated: 15-3-2016 - IT
U/s 35AC - Notifies the various institutions Approved by the National Committee
No. 14/2016 - Dated: 15-3-2016 - IT
Income-tax (5th Amendment) Rules, 2016) - Rules in respect of offshore fund manager regime under section 9A of the Income-tax Act, 1961
SEBI
No. S.O. 1102(E) - Dated: 15-3-2016 - SEBI
Notified the Delhi Stock Exchange Limited (Corporatisation and Demutualisation) Scheme, 2005 - a recognised stock exchange has not been corporatised and demutualised within the specified time.
SEZ
No. S.O. 1218 (E) - Dated: 15-3-2016 - SEZ
Set up a Sector Specific Special Economic Zone for information technology and information technology enabled services at Navi Mumbai
VAT - Delhi
No. F.3(628)/Policy/VAT/2016/PF/1658-70 - Dated: 15-3-2016 - DVAT
Regarding Form CR-II.
No. F.3(619)/Policy/VAT/2016/1671-84 - Dated: 15-3-2016 - DVAT
Regarding Form GE-II.
Customs
No. 8/2016 - Dated: 11-3-2016 - ADD
Seeks to amend notification No. 27/2014- Customs (ADD) dated 13.06.2014
Indian Laws
No. F. No. 2/1/2013-MPS - S.O. 1100 (E) - Dated: 11-3-2016 - Indian Law
Central Government notifies the winding up of National Manufacturing Competitiveness Council
Companies Law
No. F. No. 01/04/2013 CL-V(Part-II) - Dated: 10-3-2016 - Co. Law
the Companies (Share Capital and Debentures) Amendment Rules, 2016
No. F. No. 01/04/2013 CL-V (Pt-II) - Dated: 10-3-2016 - Co. Law
Central Government notifies Non-Banking Finance Institution activities and Housing Finance activities debt to capital and free reserves ratio shall be 6:1 for government companies