Main Dil Mein Aata Hoon, Samajh Mein Nahin..Salmaan Khan delivers a career guidance lesson from his movie ‘Kick’ In his recent movie ‘Kick’, Salmaan Khan ends the movie with the dialogue – “Main Dil Mein Aata Hoon… Samajh mein nahin”. Salmaan always has that penchant for delivering whacky dialogues which truly symbolizes his witty character. […]
There are certain type of forms which has been prescribed under central sales tax rules 1957, form C for making interstate purchase at lower rate, form F used to transfer goods from one branch to other in different state without making it as sale form E1 and E2 used when interstate sale or purchase which are effected by mere transfer of document of title (subsequent sale).
Once we file a return of income tax to the tax authorities, it has to be assessed as a correct return unless it is a self assessment return under section 139 of Income Tax Act. The assessment of returned income involves verification and scrutiny of the details of income submitted.
What is Reverse Charge? Generally, Service tax is payable by person providing the service who actually collect the tax and pays to government. But Section 68(2) introduced and makes provision for reverse charge i.e. making person receiving the service, liable to pay tax. Provision can be made that part of tax will be paid by service receiver and part by service provider or entire by Service Receiver.
