| Goods and service Tax (GST), Dual GST -meaning, provisions and applicabilty in brief ![]()
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Meaning:- The Goods and Services Tax (GST) is a comprehensive value added tax (VAT) on the supply of goods or services. France was the first country to introduce this value added tax system in 1954 devised by a public servant. In India, due to non... |
| CBDT directed to re-opening of all cases under the search and seizure label and those claimed deduction u/s. 80IB, 80A ![]()
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The Central Board of Direct Taxes ( CBDT) has directed re-opening of all cases under the search and seizure label, income-escaping assessments and deductions claimed from profits and gains on all eligible businesses.This is now allowed, thanks to... |
| MVAT Audit Repot in form 704 can be filed only online after 30th September 2009 ![]()
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Commissioner of Sales Tax, Maharashtra, Vikrikar Bhavan, Mazgaon, Mumbai-400010, Dated: 21.08.2009 NOTIFICATION MAHARASHTRA VALUE ADDED TAX ACT, 2002 No. Vat/AMD-1009/IB/Adm.6- In exercise of power conferred by sub rule (1) of Rule 17A of the... |
MVAT Dealers against whom business audit started after 1st April 2009 need to file form 801 electronically ![]()
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COMMISSIONER OF SALES TAX, MAHARASHTRA , Vikrikar Bhavan, Mazgaon, Mumbai-400010, Dated: 21.08.2009 NOTIFICATION MAHARASHTRA VALUE ADDED TAX ACT, 2002 No. Vat/AMD-1009/IB/Adm.6- In exercise of power conferred by sub rule (1) of Rule 17A of the... |
| ITAT Mumbai Benches not functioning during the period 31.08.09 to 03.09.09 ![]()
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The following Bences will not function during the period 31.08.09 to 03.09.09" A-1, E-1, K, L & SMC"The cases are adjourned to respective dates.please see separate Notice.ANDSpecial Bench on 03.09.09 in the cases of Indusind Bank... |
| Summary of Foreign Trade Policy 2009-14: It exemption U/s. 10(A0 and 10(B) extended till march 2011 ![]()
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Announcing the foreign trade policy 2009-14 here on Thursday, Mr Anand Sharma, Union Commerce Minister said, the Government wanted to provide a stable policy environment conducive for foreign trade and accordingly, it has been decided to continue... |
| Mvat Refund Application in form 501 can be filed only online from 01.10.2009 ![]()
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COMMISSIONER OF SALES TAX, MAHARASHTRA Vikrikar Bhavan, Mazgaon, Mumbai-400010, Dated: 21.08.2009 NOTIFICATION MAHARASHTRA VALUE ADDED TAX ACT, 2002 No. Vat/AMD-1009/IB/Adm.6- In exercise of power conferred by sub rule (1) of Rule 17A of the... |
| Educational institutes cannot be denied the benefit of income tax exemption ![]()
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Educational institutes having multiple objectives, including imparting education, cannot be denied the benefit of income tax exemption, the Delhi High Court has ruled. Allowing a petition of Jaypee Institute of Information Technology Society... |
| Due Date for the purpose of payment of Provident Fund Contributions ![]()
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For determining "due date" for payment of Provident Fund contributions, clause (1) of Paragraph 38 of Employees' Provident Fund Scheme, 1952 is relevant. It reads as follows:- "The employer shall, before paying the member his... |
| Major Highlights of Foreign Trade Policy 2009-14 |
