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Only income from investment or deposit which has been made in violation of section 11(5) that is liable to be taxed and that violation under section 13(1)(d) does not attracts denial of exemption to trust.
– In exercise of powers conferred by clause (a) of section 81 of the Customs Act, 1962, the Central Board of Excise and Customs hereby makes the following regulations further to amend the Customs Baggage Declaration Regulations, 2013, namely:-
Notification No. 10/2014-Income Tax And whereas, the date of entry into force of the said protocol amending the Convention is the 27th day of December, 2013, being the date of later of the notifications of completion of the procedures as required by the respective laws for entry into force of the said Protocol amending the Convention, in accordance with the provisions of Article X of the said Protocol.
Kaushal Agrawal The Video below explains how the Central Govt derived power from Constitution of India to enact a law to levy tax on services. It also explains 6 categories of transactions called deemed sales which are now subjected to sales tax and not service tax. This video is useful for CA, CS, CMA, B […]
Dear Members, We are glad to inform you the following ICAI Awards 2013 to Western Region Best Regional Council Western India Regional Council (WIRC) (jointly with Eastern India Regional Council (EIRC)) Best Students Association Western India Chartered Accountants Students Association (WICASA)
Circular No. 04/2014-Income Tax CBDT extends the date for filing ITR-V Form for Assessment years 2009-10, 2010-11 and 2011-12 till 31.03.2014 for returns e-Filed with refund claims within the time allowed under section 139 of the Act . CBDT also relaxes the time-frame of issuing the intimation as provided in second proviso to sub section (1) of section 143 of the Act .
Amongst the stricter conditions are – (a) export is subject to pre-import condition and the resultant product exported has to be manufactured out of the raw material already imported under the scheme