It was claimed by the Petitioner P. C. Joshi who is an advocate by profession that section 65(105) (zzzzm) of the Finance Act, 1994 as inserted by the Finance Act 2009 and substituted by Finance Act 2011, proceeds to levy Service Tax on the Advocates.
With effect from 29.12.2014 RBI has extended the working hours for Weekdays / Regular Days to 08.00 Am to 08.00 PM from existing 09.00 AM to 04.30 PM and it further extended the working hours for RTGS on Saturdays / Short Days to 08.00 Am to 03.30 PM from existing 09.00 AM to 02.00 PM.
Whereas, it is mandatory for all registered dealers to inform the Commissioner about any change effected in the registration particulars. 2. Therefore, I, Sanjeev Khirwar, Commissioner, Value Added Tax, Government of National Capital Territory of Delhi, without prejudice to legal provisions under DVAT Act, 2004 and DVAT Rules, 2005, consider it necessary that the dealer profile of all the registered dealers should be updated.
A major milestone has been crossed with ten (10) crore Aadhaar numbers having been linked to bank accounts of Aadhaar holders so far a part of Government’s Digital India mission. This would enable these individuals to digitally receive government welfare subsidies and other payments directly into their bank accounts, in a hassle-free manner.
The Union Finance Minister Shri Arun Jaitley said that the world economy is passing through critical phase while Indian Economy has potential to grow at a higher rate. In this regard he specifically mentioned about unexploited potential of the manufacturing and infrastructure sectors in particular. The Finance Minister Shri Arun Jaitley was speaking to the […]
Please refer to our circular DBOD.No.BP.BC.24/21.04.132/2014-15 dated July 15, 2014 on Flexible Structuring of Long Term Project Loans to Infrastructure and Core Industries. In terms of paragraph 9 of the said circular, flexible structuring of project loans with the option of periodic refinancing will be available only to new loans to infrastructure projects and core industries projects sanctioned after the date of the circular.
The issue regarding the levy of service tax on film industry with regard to the distribution and exhibition of films was examined by the Board and a Circular No.148/17/2011-ST dated 13.12.2011 was issued wherein it was specifically clarified that wherever distributors enter into an agreement with the exhibitor or theatre owner to share revenue or profit, a new entity emerges.
Assessee engaged in the business of real estate and construction had filed its return for AY; 2009-10 declaring an income of Rs.55,45,092/-and for AY: 2010-11 and an income of Rs.8,07,253/-. During the course of assessment proceedings
Government keen to partner with industry, says Chemicals and Fertilizers Minister at CII Pharma Summit / ‘GDP growth not possible without Healthy India,’ says industry Government’s keenness and openness to working with industry and making suitable amendments in policies to spur manufacturing activity, the need for industry to focus more on research and ensure a […]
Chartered Accountants Should act as Catalyst for Evolving Transparent Processes, says Minister Smt Nirmala Sitharaman: Calls for Cutting ‘Huge Undergrowth of Laws and Regulations’ to Carry forth the Economy: Attends 46th Regional Conference of the ICAI in Madurai
