(d) in serial number 7, against item (b), in columns (3) and (4), for the existing entries, the entries 50% and 50% shall respectively be substituted with effect from the 1st day of October, 2014.
Provided that the Assistant Commissioner or the Deputy Commissioner of Central Excise, as the case may be, having jurisdiction, may for reasons to be recorded in writing, allow the assessee to deposit the service tax by any mode other than internet banking.‖.
CENVAT credit on inputs, capital goods and input services, used for providing the taxable service, has not been taken under the provisions of the CENVAT Credit Rules, 2004.
(A) in clause (b), after the words, letter and figure in Form A-2, the words, letter and figure within fifteen working days from the date of submission of Form A-1 shall be inserted;
Changes in the Mega Exemption List of Services Vide Notification No. 6/2014-ST Dated. 11-7-2014 amending Notification No. 25/2012-ST Dated. 20-6-2012 (Effective From 11-7-2014)
4. For this purpose, tax effect means the difference between the tax on the total income assessed and the tax that would have been chargeable had such total income been reduced by the amount of income in respect of the issues against which appeal is intended to be filed (hereinafter referred to as disputed issues). However the tax will not include any interest thereon, except where chargeability of interest itself is in dispute. In case the chargeability of interest is the issue under dispute, the amount of interest shall be the tax effect. In cases where returned loss is reduced or assessed as income
In continuation of this Ministry’s circular No. 02/2014 and 26/2014 dated 11.02.2014 and 27.06.2014 respectively, it is hereby directed that while allotting names to Companies/Limited Liability Partnerships, the Registrar of Companies concerned should exercise due care to ensure that the names are not in contravention of the provisions of the Emblems and Names (Prevention of Improper Use) Act, 1950. To this end it is necessary that Registrars are fully familiar with the provisions of the said Act.
In exercise of the powers conferred by sub-clause (iii) of clause (c) of section 28E of the Customs Act, 1962 (52 of 1962), the Central Government hereby specifies “the resident private limited company” as class of persons for the
CA Sandeep Kanoi During Election Campaign Finance Minister Arun Jaitley has advocated increase in Person Income Tax exemption Limit to Rs. 5 Lakh and given high hopes to Middle class especially Salaried person in respect of Increase in Income Tax exemption Limit but after becoming Finance Minister Mr. Jaitley realised the Budget Constraint and was […]
(A) against clause (a) of column (1), in item (ii) under column (2), for the symbol and figures Rs. 35,000”, symbol and figures Rs. 45,000” shall be substituted; (B) against clauses (b) and (c) of column (1), in item (ii) under column (2), for the symbol and figures Rs. 15,000”, symbol and figures Rs. 17,500” shall respectively be substituted.
