Sales Tax Clauses on Sales Bill, Order, Confirmation etc.

Posted: 01 Jul 2013 08:13 PM PDT
R. Kumar, B.Com. MBA (Finance) VAT/SALES TAX CLAUSES VAT/Sales Tax clauses form an important part of sales documentation viz. offer, quotation, order confirmation, Invoices, Purchase Order etc.  VAT/Sales tax being an indirect tax is statutorily eligible to be passed on to the customer.  However,...
Posted: 01 Jul 2013 07:54 PM PDT
Family disputes and consequential family partition and family arrangements are not new in Indian history. Since ages, the human civilization has been exposed to disputes, settlement and arrangements within the family.
Posted: 01 Jul 2013 07:47 PM PDT
Recently, the Income Tax Department has allowed quick filing of ITR 1 by salaried class assessees on its e-filing website itself, thereby reducing the burden of uploading the XML file. This happens to be one of the most easiest and convenient way of filing the return electronically.But, the user...
Posted: 01 Jul 2013 07:42 PM PDT
CA Abhijit Sawarkar The LLP structure is available in most of the developed countries like United Kingdom, United States of America, Gulf countries, Australia and Singapore. Indian Limited Liability Partnership Act, 2008 was enacted on January 7, 2009. Indian LLP Act is broadly based on UK LLP Act...
Posted: 01 Jul 2013 07:31 PM PDT
CA Hardik Mehta Point wise checklist on preparation of form 3CB/CD audit report to be filed with Income Tax Department. We are attaching herewith a Form 3CB/3CD Checklist as applicable for A.Y. 2013-14 and onwards. The checklist is useful in preparation of Tax Audit Report. Download Point wise...
Posted: 01 Jul 2013 07:10 PM PDT
Assessing Officer ignored the very fact that there was a temporary lull in the business of the assessee and it was not a cessation of business of activity. Therefore, the Assessing Officer disallowed the expenses incurred by the assessee for continuation of its business which deserve to be allowed....
Posted: 01 Jul 2013 06:57 PM PDT
The newly introduced provision, briefly stated, mandates withholding of 1 % tax (TDS) by a transferee of an immovable property, on payment of consideration to transferor, if the consideration exceeds 50 lakhs rupees.
Posted: 30 Jun 2013 08:44 PM PDT
ORDER NO. 119 of 2013 Consequent upon Orders No. 106 & 109 of 2013, the following transfers/postings in the grade of Commissioner / Director of Income Tax are hereby ordered with immediate effect and until further orders:
Posted: 30 Jun 2013 08:41 PM PDT
Government of India Ministry of Finance, Department of Revenue Central Board of Direct Taxes Directorate of Income Tax (ORGANISATION & MANAGEMENT SERVICES) I,evel – 5, East Bloch – 2, R. K. Puram, New Delhi – 110066 Tel :- 26197238, Fax 26185607 F. No. DGIT(Logistics)/Const. of...
Posted: 30 Jun 2013 08:32 PM PDT
The Reserve Bank of India in all received 26 (twenty six) applications. The names of the applicants are: Aditya Birla Nuvo Ltd., Mumbai. Bajaj Finserv Ltd., Pune. Bandhan Financial Services Pvt. Ltd., Kolkata. Department of Posts, New Delhi. Edelweiss Financial Services Limited, Mumbai. IDFC...
Posted: 30 Jun 2013 08:26 PM PDT
Therefore, it is clarified that re-import of pets as baggage is allowed subject to establishment of identity of pets by Customs authorities, production of the required health certificate from the country of export and examination of said pets by the concerned Quarantine Officer at this end.
Posted: 30 Jun 2013 08:16 PM PDT
Company Law    The Companies Act, 1956 constitutes the Company Law in India. It came into force with effect from 1st April, 1956. It is a consolidating Act which presents the whole body of the company law in a complete form and repeals earlier Companies Act and subsequent amendments. It contains...

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