Form 29B is a report under Section 115JB for computing the book profits of the Company. The same is to be furnished by a CA for a Company to which Section 11JB applies. This helps the assessee ensure correct computation of book profits to avail the resultant MAT credit arising out of the tax computed in accordance with the Income Tax Act.
Keeping in view of difficulties being faced by the account holders, the competent authority has decided to allow transfer of NSS-87 and NSS-92 standing in CBS post offices to other Head Post Office.
In re BMW India Pvt. Ltd. (GST AAAR Haryana) We find that none of the uses to which the BMW Vehicles are put to, fits into the uses which find mention in sub-Section 17(5). The vehicles under question are not meant for ‘further supply of such motor vehicles’ i.e further supply as such’, but are […]
SB Order No. 13/2021 No. FS-13/7/2020- FS Government of India Ministry of Communications Department of Posts (F.S.Division) Dak Bhawan New Delhi-110011 Dated: 28.06.20.1. To, All Head of Circles/Regions, Sub: – Regarding passbook updation/printing option for MTS/GDS in CBS Post Office Sir/Madam, References have been received from the circles about opening of separate counter for passbook […]
FAQs on quarterly Submission of Form 15CC by an authorised dealer Q.1 What is Form 15CC? Ans. Every authorized dealer making remittance to a non-resident, not being a company or to a foreign company, is required to make a quarterly disclosure of such remittance in Form 15CC. Q.2 What are the modes of submission of […]
The product under consideration for the purpose of the present investigation is Mono Ethylene Glycol, also known as MEG or Ethylene Glycol. Mono Ethylene Glycol is a clear, colourless, virtually odourless, and slightly viscous liquid.
Case No. CVD-04/2020 Anti-subsidy investigation concerning imports of Aluminium Wire/Wire Rods above 7mm dia originating in or exported from Malaysia.
Tax Bar Association, Jodhpur has made a representation on Issues in Processing of Rectification Application, Service of Order of Rectification, Summary Rejection of Rectification Application and Pendency of ITC Mismatch. Representation is been made on 26th June 2021 to Deputy Commissioner (Administration), Jodhpur. Full text of the representation is as follows:- TAX BAR ASSOCIATION JODHPUR […]
Tax Effect of ESOP Expenditure Employee Stock Option Plan (ESOP) is a scheme where a company issues its share to its employees at price lower than its market price with a condition that employees should be in employment or fulfill conditions attached to the scheme. An ESOP is an employee benefit plan that gives employees […]
Friends, along with Doctors Day, Chartered Accountants Day is also celebrated on the 1st of July. A few years ago, I had asked for global level Indian audit firms as a gift from Chartered Accountants of the country. Today I want to remind them of that. Chartered Accountants can play a very worthy and positive role in bringing transparency to the economy. I extend my best wishes to all Chartered Accountants and their family members.
