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CBDT announced that taxpayers who filed their income tax returns online will no longer have to send the paper acknowledgment by post to CPC Bangalore, if they have Aadhar Card which can be used for verification purpose.
CBDT prescribed the procedure for response to demand by taxpayer and verification and correction of demand by AOs. A facility has been made available on the e-filing portal.
E-form INC-21 (declaration before commencement of business or exercising borrowing powers) is no longer required to be filed. The Companies(Amendment) Act, 2015.
Where VAT has been collected without authority of law and Service Tax demand also has been raised for the same period then the VAT assessing authority is liable to transfer amount of VAT to Service Tax department. [Idea Cellular Ltd. High Court of Punjab and Haryana].
Goods purchased by Amway distributor and sold to parties are not liable to service tax. Also commission earned on certain quantum of purchase is not liable to service tax. But the commission received by distributor from the sales group is liable to service tax. [Mr. Charanjeet Singh Khanuja and Others vs. CST, CESTAT – New Delhi].
NIRC of ICAI is celebrating CA Day on 30th June, 2015 from 2P.M. - 5P.M. Motivational talk for CA students and Young Members and from 6P.M.- 9P.M. Felicitation and Cultural Evening followed by dinner at Talkatora Stadium, New Delhi.
Applications are invited from Chartered Accountants who are willing to work in the CAG office against the vacancies in the cadre of Assistant Audit Officers on short term contract basis. Visit CAG website.
CBDT prescribed the procedure for response to demand by taxpayer and verification and correction of demand by AOs. A facility has been made available on the e-filing portal.
E-form INC-21 (declaration before commencement of business or exercising borrowing powers) is no longer required to be filed. The Companies(Amendment) Act, 2015.
Where VAT has been collected without authority of law and Service Tax demand also has been raised for the same period then the VAT assessing authority is liable to transfer amount of VAT to Service Tax department. [Idea Cellular Ltd. High Court of Punjab and Haryana].
Goods purchased by Amway distributor and sold to parties are not liable to service tax. Also commission earned on certain quantum of purchase is not liable to service tax. But the commission received by distributor from the sales group is liable to service tax. [Mr. Charanjeet Singh Khanuja and Others vs. CST, CESTAT – New Delhi].
NIRC of ICAI is celebrating CA Day on 30th June, 2015 from 2P.M. - 5P.M. Motivational talk for CA students and Young Members and from 6P.M.- 9P.M. Felicitation and Cultural Evening followed by dinner at Talkatora Stadium, New Delhi.
Applications are invited from Chartered Accountants who are willing to work in the CAG office against the vacancies in the cadre of Assistant Audit Officers on short term contract basis. Visit CAG website.