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Bill - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Bill - Finance Bill, 2016 [Clause by Clause]

Bill

February 29, 2016

Finance Bill, 2016 [Clause by Clause]

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  1. Amendment of Act 51 of 2007 (PAYMENT AND SETTLEMENT SYSTEMS) - Clause 194 of the FINANCE (No. 2) BILL, 2019 - Clause amended while passing the Finance Bill in the Loksabha

  2. Amendment of section 45 of PMLA - Clause 190D of the FINANCE (No. 2) BILL, 2019 - New Clause inserted while passing the Finance Bill in the Loksabha

  3. Amendment of section 44 of PMLA - Clause 190C of the FINANCE (No. 2) BILL, 2019 - New Clause inserted while passing the Finance Bill in the Loksabha

  4. Amendment of section 18 of PMLA - Clause 190B of the FINANCE (No. 2) BILL, 2019 - New Clause inserted while passing the Finance Bill in the Loksabha

  5. Amendment of section 17 of PMLA - Clause 190A of the FINANCE (No. 2) BILL, 2019 - New Clause inserted while passing the Finance Bill in the Loksabha

  6. Insertion of new section 12AA of PMLA - Clause 189 of the FINANCE (No. 2) BILL, 2019 - Clause amended while passing the Finance Bill in the Loksabha

  7. Amendment of section 3 of PMLA - Clause 187A of the FINANCE (No. 2) BILL, 2019 - New Clause inserted while passing the Finance Bill in the Loksabha

  8. Commencement of this Part (PMLA) - Clause 186A of the FINANCE (No. 2) BILL, 2019 - New Clause inserted while passing the Finance Bill in the Loksabha

  9. Amendment of section 30 of BENAMI PROPERTY - Clause 174A of the FINANCE (No. 2) BILL, 2019 - New Clause inserted while passing the Finance Bill in the Loksabha

  10. Amendment of Section 198 of Income Tax - Clause 48A of the FINANCE (No. 2) BILL, 2019 - New Clause inserted while passing the Finance Bill in the Loksabha

 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
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    Latest Notifications
What's New:
    Latest Circulars
H: Seeking renewal of registration of Goods Service Tax (GST) - cancelled...
H: Validity Of order passed without signed by the authority - Principles ...
H: Demand of GST - The High court noted that the return of documents rais...
H: Validity Of Order for Cancellation of Registration passed in Form GST ...
F: PAYMENT TO CINE OR TV ARTISTS. LIABILITY UNDER RCM
H: Reopening of assessment u/s 147 - second re-assessment notice u/s 148A...
H: Reopening of assessment u/s 147 - non independent application of mind ...
C: Extension period for 3 months to Ortho-phosphoric Acid which is used f...
H: TDS u/s 194H - Higher rate of TDS @20% in absence of PAN - Commission ...
H: Validity of assessment order u/s. 147 r.w.s 144 - Assessee being Non-R...
H: Denial of deduction u/s. 10(23C) - Despite the filing of Form 10B duri...
H: Rectification u/s 154 - Characterization of receipts - Exemption of in...
H: Reopening of assessment u/s 147 - absence of valid approval to be obta...
H: Revision u/s 263 - debatable issue - taxability of interest received b...
H: Deduction u/s 80P2(a)(i) - Interest on fixed deposits - The Appellate ...
N: Streamlining of Halal Certification Process for Meat and Meat Products
H: Revocation of Customs Broker license - The Tribunal found no evidence ...
H: Valuation of exported CD ROMS - Import of goods by availing excess exp...
A: GST COLLECTION – NET COLLECTION DESERVE PUBLICATION/ REPORTING INSTEAD...
A: Demand should not be raised when negative taxable and invoice value ar...
A: Various Types Of Trusts and Their Importance
A: IGST is not payable under RCM for services in Free-on-Board and Cost I...
N: Amendment in Notification No. 60/2022 dated the 10th June, 2022 read w...
A: MEETING OF CREDITORS - INSOLVENCY RESOLUTION PROCESS - PERSONAL GUARAN...
A: Goods seized cannot be released by invoking writ jurisdiction if no ap...
A: Various Types of Charges on Property
A: Assessment Order quashed when Assessee incorrectly reported turnover i...
A: Guidelines for AOs for initiating proceedings u/s 147 of I.T. Act, 196...
A: Navigating the Business Landscape: The Imperative of Effective Cost Ma...
A: REJECTION OF REPAYMENT PLAN