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Archive: 02 March 2013

Posts in 02 March 2013

Extension of Time for VAT Assessment in Maharashtra for the period 2005-06 and 2008-09

March 2, 2013 3227 Views 0 comment Print

Provided also that, in respect of the period commencing on or after the 1st April 2008 and ending on or before the 31st March 2009, an order of assessment under this sub-section may be made on or before the 30th June 2013

Calculation of Service Tax under reverse charge mechanisms if TDS u/s 195 of Income Tax Act Associated with it

March 2, 2013 27904 Views 8 comments Print

It is one of the emerging challenges for the Entities availing service through import of services to calculate actual amount of Service Tax under reverse charge mechanism of Finance Act and also to calculate the amount of TDS to be deposited under section 195 of Income tax Act, 1961. Due to involvement of  both Direct […]

INDIA’s growth story?

March 2, 2013 1217 Views 0 comment Print

In the recent past, there is much talk among the business people, media and also society about India’s growth story, consequences of slow-growth rate, ways to improve the growth and taking the growth rates again to more than 8%. Growth can certainly create employment opportunities needed and a country like INDIA with a demographic dividend […]

CBI Arrests Senior Accounts Officer Of CBDT for Accepting Bribe of Rs.10000/-.

March 2, 2013 1063 Views 0 comment Print

The Central Bureau of Investigation has arrested a Senior Accounts Officer of CBDT,Mumbai and a private person for demanding & accepting bribe of Rs. 10000/- from the complainant . A case was registered against Senior Accounts Officer, Zonal Accounts Office, CBDT, Mumbai for demanding bribe of Rs.10,000/- from a complainant. The complainant has alleged that […]

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