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Archive: 17 June 2013

Posts in 17 June 2013

DVAT – Good Dealer Scheme 2013-14

June 17, 2013 627 Views 0 comment Print

The Department of Trade & Taxes, Government of NCT of Delhi, invites applications from such registered dealers, who fulfil the following eligibility criteria for consideration of their names for award under the Good Dealer Scheme of the Govt.NCT of Delhi.

Soon, you may not have to post acknowledgement of ITR to Bangalore

June 17, 2013 8068 Views 0 comment Print

Millions of taxpayers filing electronic I-T returns will soon get relief from sending by post the mandatory paper verification form (ITR V- Acknowledgement) as the CBDT has decided to soon stop this practice.

Service Tax on Builders – Tax Provisions in brief

June 17, 2013 30826 Views 0 comment Print

The revenue and the builders have always been at dispute when comes to leviability of service tax on the consideration received in advance by the builders/developers from the prospective buyers of immovable property to be constructed. After the negative list regime the construction of a complex, building, civil structure or a part thereof, including a […]

Recent drop in Ruppee Value gives rise in tax depreciation -Relevant provisions of Section 43A

June 17, 2013 31768 Views 0 comment Print

On the question whether an Assessee is entitled to adjust the actual cost of imported assets acquired in foreign currency on account of fluctuation in the rate of exchange at the time of making PAYMENT towards the whole or part of cost of the asset or towards repayment of whole or a part of the moneys borrowed by him from any person directly or indirectly, in any foreign currency specifically for the purpose of acquiring the asset along with interest, if any.

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