Notification No.03/2015 – Income Tax S.O. 180 (E). – In exercise of the powers conferred by section 295 read with subsection (4) of section 115UA of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely
In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs hereby makes the following further amendments in the Notification of the Government of India, Ministry of Finance (Department of
Generally department issues notices of Mismatch for differences between sales and purchases after VAT Audit. Now from April 2014 onwards, filing of Annexure J1 and J2 along with return has been started. Therefore Mismatch Report is available online to the Dealers after filing return.
Last time I have covered about the practicing profession needs to be taken ahead. I found many appreciable comments and I also found the readers particularly the new comers in the profession of Cost Accounting are looking ahead for the same https://taxguru.in/chartered-accountant/invisible-capital-cost-accounting-sme-segment-part-4.html . Well today I will discuss about certain areas where the working cost […]
Form AOC-5: Notice of address at which books of account are maintained. eForm AOC-5 is required to be filed pursuant to Section 128 of the Companies Act, 2013 and the same is available for filing w.e.f. January 17, 2015. Section 128 is reproduced here for your reference :-
Hello readers, we all are fond of changes that took place in the near past under DVAT Act consequently nearly everything goes online including registration process; which was much simpler earlier when conducted manually , atleast in my opinion.
I will start with our Motto, With regard to the Institute and its members in toto. That person who is awake in those that sleep, Works day and night to take a giant leap. A giant leap for a student is to win the CA Final game, For the one who has become, it is […]
This article is basically written to give you understanding of evolution of works contract tax in India and its entire journey from beginning till date. Before I take you into the mid of ocean we have to first understand that why the need arises of introduction of works contact tax and its respective calculation methods.
The Indian Industry is waiting very desperately for GST because it will subsume major indirect taxes levied by Central Government and State Government which will remove the cascading effect of taxes on costing of the Industry.
The Tax Credit shall not be allowed: A) In the case of the purchase of goods from a Unregistered dealer; B) For the purchase of non-creditable goods (THE SEVENTH SCHEDULE); C) For the purchase of goods which are to be incorporated into the structure of a building owned or occupied by the person;
