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Focus On Latest Taxtation News of NICAI:

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  • Focus On Latest Taxtation News of NICAI:

    W.e.f 01-04-2014, credit of Service Tax on service used by more than 1 unit to be distributed pro rata as per their turnover in relevant period [Notification 5 of 24-02-2014].

    Wealth tax not leviable on urban land used for agricultural purposes and classified as agricultural land [Supreme Court of India]

    LIC Housing Finance ltd. is in the process of creating a panel of statutory auditors for Back office audit. Chartered Accountant Firms who are interested can send the duly completed form along with necessary enclosures.

    Date of payment of final installment of Advance Tax extended from 15th March to 18th March 2014.

    Relaxation from VAT Department: T-2 form filing date extended till 31st March.
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