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Today 25.07.2016 is the last date to file DVAT Returns in Form 16 & Form CST 1 for the Quarter ending 30.06.2016.
CBEC issued Clarification regarding payment of Service Tax through non electronic modes like cheque vide instruction F.No 137/08/2013-Service Tax dated 07.22.2016.
Revenue sharing arrangements are liable to service tax: AAR. [In Re M/s Choice Estates and Constructions Ltd (Authority for Advance Rulings)].
Satisfaction of need, rendition and benefit test is to be from assessee’s business point of view. [ GE Money Financial Services Pvt. Ltd. vs. ACIT (Delhi ITAT)].
No TDS on payment for simple marketing services of introducing foreign institutional investors by foreign subsidiary companies. [Batlivala & Karani Securities (India) Pvt. Ltd. vs. DCIT (ITAT Kolkata)].
CBEC issued Clarification regarding payment of Service Tax through non electronic modes like cheque vide instruction F.No 137/08/2013-Service Tax dated 07.22.2016.
Revenue sharing arrangements are liable to service tax: AAR. [In Re M/s Choice Estates and Constructions Ltd (Authority for Advance Rulings)].
Satisfaction of need, rendition and benefit test is to be from assessee’s business point of view. [ GE Money Financial Services Pvt. Ltd. vs. ACIT (Delhi ITAT)].
No TDS on payment for simple marketing services of introducing foreign institutional investors by foreign subsidiary companies. [Batlivala & Karani Securities (India) Pvt. Ltd. vs. DCIT (ITAT Kolkata)].