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Notifications/Circulars

Notification No. 41/2014-Income Tax ,Dated : 29.08.2014

August 29, 2014 544 Views 0 comment Print

Government of India Ministry Of Finance Department Of revenue Central Bord Of Direct Taxes Notification No. 41/2014 Dated : 29.08.2014 Download Full Text of The Notification Read Notification Below  

Amendment to Schedule II of Companies Act 2013 related to useful life, residual value & component accounting

August 29, 2014 23160 Views 0 comment Print

MCA has further amended Schedule II of the Companies Act 2013 with regards to useful life, residual value and component accounting. With regards useful life and residual value the revised requirements are; The useful life of an asset shall not ordinarily be different from the useful life specified in Part C and the residual value of an asset shall not be more than five per cent. of the original cost of the asset:

Notification No. 40/2014-Income Tax ,Dated : 29.08.2014

August 29, 2014 619 Views 0 comment Print

Government of India Ministry Of Finance Department Of revenue Central Bord Of Direct Taxes Notification No. 40/2014 Dated : 29.08.2014 Download Full Text of The Notification Read Notification Below

Notification No. 39/2014-Income Tax , Dated : 29.08.2014

August 29, 2014 397 Views 0 comment Print

Government of India Ministry Of Finance Department Of revenue Central Bord Of Direct Taxes Notification No. 39/2014 Download Full Text of The Notification Read Notification Below

Notification No. 38/2014-Income Tax , Dated : 29.08.2014

August 29, 2014 571 Views 0 comment Print

Government of India Ministry Of Finance Department Of revenue Central Bord Of Direct Taxes Notification No. 38/2014 Download Full Text Of The Notification Read Notification Below

Notification No. 37/2014-Income Tax , Dated : 29.08.2014

August 29, 2014 514 Views 0 comment Print

Government of India Ministry Of Finance Department Of revenue Central Bord Of Direct Taxes Notification No. 37/2014 Download Full Text Of The Notification  Read Full Notification below

EPF Limit increased to Rs. 15000 from Rs. 6500

August 29, 2014 502832 Views 136 comments Print

Vide notification dated 22.08.2014 Ministry of Labour and Employment has increased Employee Provident Fund (EPF) Limit to Rs. 15000 from existing Rs. 6500 wef 01.09.2014.

Purchase and sale of securities other than shares or convertible debentures of an Indian company by a person resident outside India

August 28, 2014 1129 Views 0 comment Print

With a view to providing flexibility in regard to the manner in which government securities can be acquired by eligible investors, it has now been decided to remove any stipulation as to the manner of acquisition from the said Regulations. Consequently, the eligible investors can acquire such securities in any manner as per the prevalent/approved market practice.

CESTAT Circular on Pre-Deposit of Duty and Service Tax

August 28, 2014 7129 Views 0 comment Print

As there is confusion of adjustment of Cenvat Credit against mandatory penalty, clarifications have been sought from Competent authority. In absence of any classificatory Circular on the issue, all the DRs/ARs/TOs are directed that the appeals received on or after 06.08.2014 may be registered in following cases:

Seeks to levy provisional safeguard duty on imports of Saturated Fatty Alcohols

August 28, 2014 1003 Views 0 comment Print

The safeguard duty imposed under this notification shall be effective for a period of two hundred days (unless revoked, superseded or amended earlier) from the date of publication of this notification in the Official Gazette.

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