We have uploaded on this page latest Form 16 Salary Certificate & Form 16A TDs certificate in Excel Format which can be used by the tax Deductor to issue the same to deductee. Forms are easy to use.
Minister of corporate affairs Prem Chand Gupta on Wednesday stressed on the need for greater steps by the Institute of Chartered Accountants of India (ICAI) in restoring the confidence of investors and shareholders, which has been affected in the wake of the Satyam accounting fraud. “What is required is further measures to restore public confidence,” […]
No disallowance under sub-section (3) of section 40A shall be made and no payment shall be deemed to be the profits and gains of business or profession under sub-section ( 3A ) of section 40A where a payment or aggregate of payments made to a person in a day, otherwise than by an account payee cheque drawn on a bank or account payee bank draft, exceeds twenty thousand rupees in the cases and circumstances specified hereunder, namely:-
1. Deed of Modification in Partnership 2. Model Partnership Deed 3. Admitting New Partner 4. Retirement Deed 5. Dissolution of Partnership Involving Immovable Property 6. Admitting Minor 7. Modifying the Partnership Deed
Please find attached herewith Service Tax Forms in Excel, Word and PDF format. We have uploaded all the forms related to service tax i.e. related to Service Tax Registration, Service tax Return Filing, Service Tax Payment Challan as well as form for Appeal to Appellate Tribunal. Just click on the link of the form you want to download.
The applicant can send an SMS to 53030 with a message containing the word PAN followed by a space and the 15-digit acknowledgment number provided at the time of submission of application i.e., PAN ACKNOWLEDGMENT NUMBER (e.g., PAN 123456789012345 – this is an illustrative acknowledgment number. Actual acknowledgment number should be provided in the SMS).
To check the status of their Income Tax refund, taxpayers can log in at https://tin.tin.nsdl.com/oltas/ refundstatuslogin.html . If there is a problem, they can contact the assessing officer or the refund banker, the State Bank of India. In case of any grievance, taxpayers can also contact the additional commissioner in charge of the range or the income tax ombudsman.
The grievance of the revenue is that proviso appended to section 43B of the Act permitting allowing of deduction of PF, ESI etc., subsequent to the close of the accounting period but before the return is filed, should not have been followed but disallowance must be upheld. It has not been disputed before us that the proviso has been inserted by the Finance Act, 1987 effective from 1.4.1988. In view of this, the appeals preferred by the revenue have been dismissed.
In the present case during the course of assessment proceedings it was noticed that there were credit balance in the names of two parties amounting to Rs.3,52,581/- appearing in the books of account of the assessee. On being asked to verify the same, the assessee agreed to surrender it. The said cessation of liability could not be treated to have been earned from business of export and, thus, shall not form part of the turnover of the export business.
HC held that Revenue is to be definitely restrained in terms of Section 205 of the Act from enforcing any demand on the assessee-petitioner insofar as the demand with reference to the amount of tax which had been deducted by the tenant of the assessee in the present case, and assuming that the tenant had not remitted the amount to the Central Government. The only course open to the Revenue is to recover the amount from the very person who has deducted and not from the petitioner.
