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CST Notification for Exemption of tax on inter-State Sales of furnishing cloth

March 30, 2013 2519 Views 0 comment Print

CST Notification for Exemption of tax under section 8(5) of CST Act, 1956 on inter-State Sales of furnishing cloth – Government of Maharashtra hereby in the public interest, exempts with effect from the 1st April 2013, the tax payable on sale of furnishing cloth notified under entry 101 of Schedule ‘C’

CBDT notifies exemption for grant-in-aid received by ‘Assam State Control Society’ from specified persons

March 30, 2013 613 Views 0 comment Print

Notification No. 27/2013 – Income Tax The notification shall be effective subject to the following conditions, namely:- (a) the ‘Assam State AIDS Control Society’ does not engage in any commercial activity; (b) the activities and the nature of the specified income of the ‘Assam State AIDS Control Society’ remain unchanged throughout the financial year; and

MVAT Notification to give effect to proposals as per Budget 2013-14

March 30, 2013 1352 Views 0 comment Print

We are attaching herewith VAT Notification to give effect to the proposals as per the Budget Speech 2013-14 given by Finance Minister of Maharashtra State :- FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, Dated the 30th March 2013. NOTIFICATION MAHARASHTRA VALUE ADDED TAX ACT, 2002. No. VAT 1513/CR 46(1)/Taxation-1.— In […]

CA Firms approved for appointment as Statutory Central Auditors in Public Sector Banks for FY 2012-13

March 29, 2013 8814 Views 0 comment Print

Names of Audit Firms approved for appointment as Statutory Central Auditors in 25 Public Sector Banks for the year 2012-13 Allahabad Bank, Kolkata 1       M/s N K Bhargava & Co, New Delhi 2       M/s M C Jain & Co, Kolkata 3       M/s Raghu Nath Rai & Company, New Delhi 4       M/s Khandelwal Kakani & Co, […]

India & Liechtenstein Sign Tax Information Exchange Agreement (TIEA)

March 29, 2013 1114 Views 0 comment Print

India and Liechtenstein have signed a Tax Information Exchange Agreement (TIEA) today at Bern, Switzerland. The Agreement was signed by Ms Chitra Narayanan, Indian Ambassador in Switzerland from Indian side and Madame Doris Frick, Ambassador of Liechtenstein in Switzerland on behalf of Liechtenstein.

TP – Circular on Identification of Contract R&D Service Provider With Insignificant Risk & Application of Profit Split Method

March 29, 2013 1341 Views 0 comment Print

Government Approves Issue of Circulars on Identification of Contract R&D Service Provider With Insignificant Risk and on Application of Profit Split Method Based on Recommendation of the Rangachary Committee; These Circulars Will Help in Providing Certainty to the Taxpayer on Issues Relating to Transfer Pricing of Development Centre

Excise & Customs Offices to Remain open on 29th, 30th & 31st March, 2013

March 29, 2013 735 Views 0 comment Print

Proposed Nationwide Strike by the Associations of Superintendents and Inspectors of Central Excise for 29th, 30th & 31st March, 2013 Stands Withdrawn. All Offices under the Central Board of Excise and Customs (CBEC) shall be open on 29th, 30th & 31st March, 2013 observing their normal office hours, as a part of trade facilitation measure.

CIT, Bhopal authorized to issue orders in writing to Additional or Joint CIT in respect of specified persons

March 28, 2013 397 Views 0 comment Print

Notification No. 26/2013 – Income Tax In exercise of the powers conferred by sub-sections (1) and (2) of section 120 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby :- (a) directs that the Commissioner of Income-tax specified in column (2) of the Schedule below, having his headquarter at the place specified in the corresponding entry in column (3) of the said Schedule, shall exercise the powers conferred upon him under the said Act and perform the functions in respect of such cases or classes of cases of persons or classes of persons specified in the corresponding entries in column#(4) of the said Schedule and in respect of all incomes or classes of income thereof;

Delhi Value Added Tax (Amendment) Act, 2013 (Delhi Act 01 of 2013)

March 28, 2013 1081 Views 0 comment Print

(As passed by the Legislative Assembly of the National Capital Territory of Delhi on the 25th March, 2013) [ 28th March, 2013]-An Act to further amend the Delhi Value Added Tax Act, 2004.

Jurisdiction of – DGIT (Investigation), Bhopal – Amendment In Notification NO. S.O. 734(E), Dated 31-7-2001

March 28, 2013 1150 Views 0 comment Print

Notification No. 25/2013 – Income Tax [F.NO.187/18/2012 (ITA.I)], DATED 28-3-2013 In exercise of the powers conferred by sub-sections (1) and (2) of section 120 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following further amendments in the notification of the Government of India, Ministry of Finance (Department of Revenue), Central Board of Direct Taxes, number S.O. 734(E), dated the 31st July, 2001, namely:-

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