take necessary steps to put in place systems for implementation of the circular, including necessary amendments to the relevant bye-laws, rules and regulations, within one month from the date of this circular
In the cited case, Delhi High Court held that the building had been developed to be sold or let out with no possibility of the terrace floor being subjected to such utilization. As there is no other purpose to be served by the property held on the terrace floor
The Goods and Services Tax (GST) is a comprehensive value added tax (VAT) on the supply of goods or services. It is levied and collected on value addition at each stage on sale or purchase of goods or supply of services based on input tax credit method but without state boundaries.
Introduction: This article has been written to give you clarity on the implication of DVAT (2nd Amendment) Bill, 2015 which was introduced in the Delhi Legislative Assembly on 29th day of June 2015 and after discussion on the floor of the house was passed on 30th day of June 2015 with voice vote. One more […]
CA Vinod Kaushik Introduction: As you all know the first regular budget of Delhi was presented on 25-06-2015 by Finance Minister Mr. Manish Sisodia and there were so many announcements related to state taxes like VAT, Luxury tax, Entertainment tax and a tax on commercial goods vehicle entering Delhi. In Industry as well as small […]
The Finance Act, 2015 had brought two important changes in Service Tax – (i) Issue of electronic invoices and its authentication by Digital Signature [Rule 4C] (ii) Maintenance of records on Electronic Form [Rule 5(4)] CBEC has now issued Notification No. 18/2015-Central Excise dated 06.07.2015 and a Circular No. 224/44/2014-CX dated 06.07.2015 to make the above rules operational implying that assessees can now use the benefit provided by Rule 4C and Rule 5(4).
ICAI today announced the following results 1) Chartered Accountants Final Examination held in May, 2015. 2) Common Proficiency Test held on June 13, 2015.
The income tax return filing season in on. The government believes in the philosophy of Pay as your earn. This objective is achieved through two pronged strategy. The first strategy is to ensure that the income is paid to the recipient after deduction of tax at the time of payment of the income. Which is implemented through tax deduction at source (TDS) or Tax collected at source (TCS).
Analysis of Notification No. G.S.R. 463(E). dated 5-6-2015 issued by the Ministry of Corporate Affairs proving certain exemption to Government Companies PROVISIONS OF THE ACT WHICH DO NOT APPLY TO GOVERNMENT COMPANY OR APPLY WITH MODIFICATIONS Serial No. Chapter Number/Section Number/ Sub-section(s) in the Companies Act,2013 Exceptions, Modifications and Adaptations (1) (2) (3) […]
Introduction of composite caps for simplification of Foreign Direct Investment (FDI) policy to attract foreign investments The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval to review the existing FDI policy on various sectors provided in the Consolidated FDI Policy Circular 2014, as amended by the Consolidated FDI Policy […]
