Monthly Archives: October 2017

CBDT – POEM clarification for India based regional HQ operations

CBDT issues clarification (Circular dt. 23 Oct’ 17) on POEM applicability to multinational companies with regional headquarter structure wherein certain employees having multi-country responsibility or oversight over the operations in other countries of the region are working from India;

Posted in Direct Tax |

Outcome of 22nd GST Council meeting

Decision taken in GST Council Meeting on 06.10.2017 The GST Council, in its 22nd meeting held on October 06, 2017 has recommended following changes to facilitate ease of doing business & trade:

Posted in GST |

CBDT has launched e-assessment pilot in 7 cities for time-barring cases; Gives taxpayers ‘opt-out’ choice

CBDT has launched e-assessment pilot in 7 cities for time-barring cases; Gives taxpayers ‘opt-out’ choice IT department has issued order covering various aspects of conducting scrutiny assessments electronically in cases which are getting barred by limitation during FY 2017-2018; The … Continue reading

Posted in Direct Tax |