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CPC(TDS) – Deductor's Survey Questionnaire: Your Feedback Matters

October 17, 2014 3329 Views 0 comment Print

CPC(TDS) released a survey ‘Deductor’s Survey Questionnaire: Your Feedback Matters’ with an objective to understand deductors satisfaction since the time CPC(TDS) and TRACES website came into existence. CPC(TDS) has undertaken transformational initiatives to improve overall service levels for deductors and tax payers by following:-

CPC (TDS) follow up for Filing of Form No. 24G in FY 2014-15

October 17, 2014 2186 Views 0 comment Print

This is to inform you that your office (Accounts Office Identification Number (AIN)) have filed Form 24G for all 12 months in Financial Year 2013-14, however, you have not filed Form no. 24G for any of the months during Financial Year 2014-15. 1. Please note that In case of delay in filing of Form No. 24G by the AINs:

Switzerland agreed to share information of Indians having account in Swiss Banks

October 17, 2014 902 Views 0 comment Print

Switzerland has indicated willingness to provide information in respect of cases where investigations have been carried out by our IT Department independently from what Swiss Government considers as stolen data.

Technical grade/ material verification on Import of Pesticides-reg.

October 17, 2014 1015 Views 0 comment Print

Reference is invited to Board Circular No 7/2014-Cus dated 7.04.2014 on compliance of Order of Hon’ble High Court of Gujarat regarding import of formulations into India which lays down that Commissioner of customs concerned should ensure that in case of import of formulations, the samples of its technical grade / material is tested.

Companies (Accounts) Amendment Rules, 2014 – An analysis

October 17, 2014 25906 Views 0 comment Print

The Ministry of Corporate Affairs (MCA) has vide notification dated October 14, 2014 amended the Companies (Accounts) Rules, 2014 (Amended Rules). Section 129 (3) read with Rule 6 of the Companies (Accounts) Rules, 2014 (Rules) provides manner of consolidation pursuant to Schedule III of the Companies Act, 2013 (Act) and the applicable accounting standards.

CBDT asked clarification from SC regarding sharing of Information of Indian hiding money abroad

October 17, 2014 2730 Views 0 comment Print

Filing of I.A. No. 14 in WP(C) No. 176 of 2009 (Ram Jethmalani & Ors V. Union of India), by Union of India Union of India has filed I.A. No. 14 seeking the following clarifications with regard to the orders dated 4.7.2011 and 1.5.2014, passed by the Hon’ble Supreme Court of India in WP(C) 176 […]

DVAT – Overriding order – Objections related to cancellation of registration shall be heard by concerned Zonal-in-charges

October 16, 2014 384 Views 0 comment Print

In supersession of all the previous orders with respect to objections related to cancellation of registration, the objections related to cancellation of registration shall be heard by concerned Zonal Incharges in respect of their zones, with immediate effect.

Rate of exchange of conversion of each of foreign currency wef 17.10.2014

October 16, 2014 1813 Views 0 comment Print

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance

Start Up’s Beware: Here Is Vodafone Again!

October 16, 2014 1909 Views 0 comment Print

CA Paras Mehra Doing business was never so dangerous in India. We have intentionally used the word ‘dangerous’. Through, every entrepreneur know what it takes to start business from a Scratch, still there are problems which no one thought’s off. A very recently created problem which can be so impactful that even can disrupt the […]

Registration under MVAT Act, 2002

October 15, 2014 89859 Views 15 comments Print

INTRODUCTION OF MVAT ACT, 2002 ¨The Maharashtra Value Added Tax 2002 (Herein after called as MVAT Act) has replaced the Bombay Sales Tax Act, 1959 on & w. e. f. 1st April 2005 and now the sales tax is collected by the Maharashtra Government under MVAT Act, 2002. Up to 31st March 2005 the sales […]

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