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Revision in Tax-Free bond issue limit of IRFC

February 26, 2016 682 Views 0 comment Print

MINISTRY OF FINANCE (Department of Revenue) (Central Board of Direct Taxes) NOTIFICATION No. 10/2016 New Delhi, the 26th February, 2016 S.O. 613(E).- In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following […]

Notification No. 09/2016- Income Tax Dated: 25/02/2016

February 25, 2016 1141 Views 0 comment Print

Section 10(46) of the Income-tax Act, 1961 Central Government notifies Madhya Pradesh State AIDS Control Society a body constituted by the Government of Madhya Pradesh in respect of the following specified income arising to that Society

Delhi VAT: Reg. Extension of date of filing return in GE II for first 3 quarters of 2015-16

February 25, 2016 1555 Views 0 comment Print

Do hereby direct that the returns in Form GE-II for the first three quarters of the current financial year (i.e. 1st April, 2015 to 30th June, 2015; 1st July, 2015 to 30 September, 2015 and 1st October, 2015 to 31st December, 2015) are required to be filed by 7th March, 2016.

MVAT: New e-forms 231, 232, 233, 234 & 235 wef 01.04.2016

February 24, 2016 25804 Views 0 comment Print

In Exercise of the powers conferred by sub-rule (2) of Rule 17A of the Maharashtra Value Added Tax Rules 2005, the Commissioner of Sales Tax, Maharashtra State hereby in respect of the periods starting on or after 1st April 2016, substitutes the returns in forms 231, 232, 233, 234 and 235 for the purpose of rule 17, 18 and 45 namely.

MVAT: New electronic form 423 WEF 01.04.2016

February 24, 2016 4330 Views 0 comment Print

In exercise of the powers conferred by sub-rule (1) and sub-rule (2) of Rule 17A of the Maharashtra Value Added Tax Rules, 2005, the Commissioner of Sales Tax, Maharashtra State in respect of the periods starting on or after 1st April 2016, for the purpose of provisions of sub-rule (3) of rule 40A of the Maharashtra Value Added Tax Rules, 2005,

MVAT: New electronic form 424 WEF 01.04.2016

February 24, 2016 10267 Views 1 comment Print

In exercise of the powers conferred by sub-rule (2) of Rule 17A of the Maharashtra Value Added Tax Rules, 2005, the Commissioner of Sales Tax, Maharashtra State hereby in respect of the periods starting on or after 1st April 2016, substitutes return in form 424 for the purpose of clause (d) of sub-rule (1) of rule 40 namely :-

Draft Companies (cost records and audit) Amendment Rules, 2016

February 23, 2016 2815 Views 0 comment Print

The Draft Companies (Cost Records and Audit) Amendment Rules, 2016 has been placed on the Ministry’s website at www.mca.gov.in. It has been decided to invite suggestions/comments on the above draft.

Specified Income of CCI exempted under Income Tax: CBDT

February 19, 2016 1724 Views 0 comment Print

Central Government hereby notifies for the purpose of the said clause, the Competition Commission of India, a Commission established under sub-section (1) of section 7 of the Competition Act, 2002 (12 of 2003), in respect of the following specified income arising to the said Commission, namely:-

CBDT notifies Atal Pension Yojana u/s 80CCD

February 19, 2016 14304 Views 0 comment Print

Central Government hereby notifies the ‘Atal Pension Yojana (APY)’ as published in the Gazette of India, Extraordinary, Part I, Section 1, vide number F. No. 16/1/2015-PR dated the 16th October, 2015 as a pension scheme for the purposes of the said section.

Tax on services by Govt to businesses with turnover below 10 Lakh

February 18, 2016 15106 Views 3 comments Print

Government has vide Notification No. 07/2016-ST provided Service Tax exemption wef 01.04.2016 on Services provided by Government or a local authority to a business entity with a turnover up to rupees ten lakh in the preceding financial year.

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