Date for filing VAT Audit Report (e-704) in Maharashtra for F.Y. 2016-17 is extended up to 15th February 2018 vide Trade Circular No. 02T of 2018 dated 12.01.2018.
The Central Bureau of Investigation has arrested an Income Tax Officer, Sirhind (Punjab) and two IT Inspectors (one serving, one retired) in a bribery case of Rs. 70,000/-.
Stakeholders of Condonation of Delay Scheme (CODS) (notified vide General Circular No.16/2017 dated 29th December 2017) may kindly note that the process for ‘reactivation’ of the DINs in respect of disqualified Directors has been completed and the status of the relevant DINs can be checked now. Stakeholders are therefore requested to file necessary ‘overdue documents’ […]
Political Funding- Let’s first accept that Politics is a legitimate activity, as it helps organize the life of citizens, saving them time, effort, accidents, injustices and conflicts. Otherwise, people will act and have acted in the past tribally resorting to the law of jungle, driven by instinct and arbitrariness, fighting and killing.
Question- office cafeteria is charging 18% GST stating they come under outdoor catering but what if the food is cooked within the cafeteria. Need clarification? Reply- If the activity is outdoor catering gst rate is 18%, else 5%. Classification depends on the nature of business. @askGST_GoI office cafeteria is charging 18% GST stating they come […]
Tax Deduction at Source (TDS) is a system, initially introduced by the Income Tax Department. It is one of the modes/methods to collect tax, under which, certain percentage of amount is deducted by a recipient at the time of making payment to the supplier.
Education is not defined in the CGST Act but as per Apex Court decision in Loka Shikshana Trust v/s CIT, education is process of training and developing knowledge, skill and character of students by normal schooling.
The levy of Service Tax on Road Transportation Service has always been a contentious issue. The Finance Act, 1997 had levied Service Tax on Goods Transport Operators w.e.f. 16-11-1997 which was subsequently withdrawn after nation-wide strike.
This is for kind information of the members that the last date for complying with the CPE Hours requirement for the Calendar Year 2018 – has now been extended to 31st January, 2019.
Key Features — Return Preparation Utility (RPU) version 2.2 ♣ In case of non-availability of PAN of deductee for Form 27E% two new fields are introduced under deductee details which are as below: Column no. 32) Deductee is Non-Resident (under this column two dropdown options will be provided i.e. Yes/No) Column no. 33) Deductee is […]
