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Nutrition is pre-requisite of Beauty – Azad

July 12, 2013 919 Views 0 comment Print

Nutrition is the pre-requisite of beauty. There is peaceful co-existence of Allopathy with Ayurveda, Yoga, Siddha and Sowa-Rigpa in our country.Union Minister of Health & Family Welfare, ShriGhulamNabi Azad said this in New Delhi today.

Widening Of the Scope of Power of Transfer Pricing Officer in Context of Section 92CA – An Analogous Study

July 12, 2013 8571 Views 0 comment Print

In the last few years the Government of India has taken many steps in order to strengthen the Transfer Pricing (Taxation) regime in India. A series of amendment has been introduced in order to enhance the ambit of tax base and consequent increase in the revenue. The latest step in this direction was the extension […]

Download Free e-book – Central Excise Made Simple

July 12, 2013 23995 Views 0 comment Print

Manufacture also constitutes a major part of the economic activity of our country. The Central Government had also realised that unless this sector is nurtured, there would be no inclusive growth.

Best Practices – Reply to Show Cause Notice – Service Tax

July 12, 2013 43379 Views 7 comments Print

CA Madhukar N Hiregange The service tax law has resulted in a large number of disputes [ more than 1 lakhs + pending as on date] mainly due to the fact that the law is changing frequently and drafting has been seen to have many loose ends. The trigger happy attitude of some of the […]

Abrupt Withdrawal Of MAT And DDT Benefits To SEZ Valid – HC

July 12, 2013 948 Views 0 comment Print

Petitioners have prayed to declare the newly inserted proviso to Section 115JB(6) and 115-O(6) of the Income Tax Act in the second schedule to the Special Economic Zones Act 2005 as ultra vires, arbitrary, unfair and violative of Article 14 of Constitution of India.

Delhi VAT – Notification relating to DVAT Rules (Second amendment)

July 11, 2013 1531 Views 0 comment Print

Short title and commencement.- (1) These rules may be called the Delhi Value Added Tax (Second Amendment) Rules, 2013. (2) They shall come into force on the date of their publication in the Delhi Gazette.

Regarding Revised allocation of subjects amongst five Branches of Investigation Division of CBDT

July 11, 2013 1723 Views 0 comment Print

It has been decided with the approval of the Competent Authority to revise allocation of subjects amongst the five Branches of Investigation Division. The revised work allocation chart is enclosed herewith. (Nikhil Varma) Under Secretary to the Government of India

Delhi VAT – Composition Dealer to Put on invoice – “Composition Dealer” (Not eligible to charge VAT on Bill)

July 11, 2013 2495 Views 0 comment Print

Dealers who have elected to pay tax under section 16 of the Act, that the retail invoice issued under sub section (4) of Section 50 of the Act, besides containing the particulars as specified in sub section (5) of Section 50 of the Act, henceforth shall also contain the following words at the top of the invoice

Delhi VAT – Allahabad Bank authorized for payment of VAT

July 11, 2013 1179 Views 0 comment Print

In exercise of the powers conferred under sub-rule (2) of Rule 31 of the Delhi Value Added Tax Rules, 2005, read with clause (b) of sub-rule 4 of rule 2 of the said Rules and Section 36 Delhi Value Added Tax Act, 2004, I, Prashant Goyal, Commissioner, Value Added Tax, do hereby notify Allahabad Bank located in the National Capital Territory

Delhi VAT – TDS certificate to be generated electronically in Form DVAT-43 with unique ID

July 11, 2013 9721 Views 0 comment Print

In exercise of the powers conferred by clause(c) of sub-rule (1) of Rule 63 of the Delhi Value Added Tax Rules, 2005 (hereinafter referred to as ‘the Rules’), I, Prashant Goyal, Commissioner, Value Added Tax, Government of National Capital Territory of Delhi, hereby require that all the TAN holders responsible for deduction of TDS under section 36A of the Delhi Value Added Tax Act, 2004

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