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Archive: 24 November 2013

Posts in 24 November 2013

CMA Body to demand more coverage under draft Cost Audit & Record Rules

November 24, 2013 1343 Views 0 comment Print

The Council of the Institute expresses its deep concern and feels that the Draft Rules on Cost Records and Cost Audit do not address the basic objective of inculcating cost competitiveness across all sectors, expressed by Honourable Parliament and Standing Committee on Finance on several occasions.

Investors – Don’t Miss to watch Plan F program on CNBC TV 18

November 24, 2013 1367 Views 0 comment Print

CA Sandeep Kanoi I just came to know about one very interesting investor education initiative called “Plan F- your financial fitness plan” and thought of sharing the same with you all. My very dear friend and blogger Manish Chauhan of www.jagoinvestor.com shared the program details with me and I would like to pass on details about this […]

House Tax in UP can be now 6 times!!

November 24, 2013 408 Views 0 comment Print

The proposal regarding increment of the house tax in UP is soon to be presented before the cabinet. Houses in UP has been divided into 10 types depending upon the use made therein. Four star and above hotels, Pubs, Bar and Restaurants where alcohols are also served is now to pay tax 5 times more.

Delhi VAT : FAQs on Checking of Vehicles & Modalities for Enforcement-II Branch

November 24, 2013 2425 Views 0 comment Print

This Article Covers the statutory Provisions related to the following topics under Delhi Value Added Tax Act, 2004 & Central Sales Tax Act, 1956 :- FAQs on Checking of Vehicles Undertaking form for claiming goods with genuine bills before release of vehicles Statutory Provisions related to Goods vehicles & transporters under DVAT Act, 2004

MVAT: Correction of dealers mistakes or excess payment refund

November 24, 2013 15981 Views 0 comment Print

The payment of tax under MVAT Act, 2002 and CST Act, 1956 by way of e-payment was made mandatory from March, 2011. It has been reported to this office by some of the dealers and the Banks that they made certain mistakes while making e-payment.

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