Easy Office

Notification & Circulars by CA Nikita


View Full Profile

Consignee to issue TDS certificate to truck operators-Clarification by CBDT

 

Note : Last Alert was No 129 dated 26-6-2006 Alert -1- Tax Deduction at Source - Issue of TDS Certificate under section 203 of the Income-tax Act - Cases of Truck/Goods-carriage Operators - CIRCULAR NO 6/2006 Dated 23-6-2006 As per the provisions of section 203 of the Income-tax Act, read with rule ..

Posted in Income Tax

New Return Forms for Assessment Year 2007-08 matters connected thereto

 

New Return Forms for Assessment Year 2007-08 matters connected thereto reg.                 CIRCULAR NO. 5 / 2007, DATED 26-7-2007 The Central Board of Direct Taxes, vide notification S.O. No.762(E) dated 14th May, 2007 have notified following new return forms for assessment year 2007-08 under a new..

Posted in Income Tax

NOTIFICATION NO. 210/2007, DATED 27-7-2007

 

NOTIFICATION NO. 210/2007, DATED 27-7-2007 In exercise of the powers conferred by sub-section (1B) of sections 139 and 139D of the Income-tax Act, 1961 (43 of 1961) read with sub-rule (3) of rule 12 of the Income-tax Rules, 1962 and in supercession of the Electronic Furnishing of Return of Income Sc..

Posted in Income Tax

Procedural issues in Service Tax-circular-reg.

 

CIRCULAR NO 97/6/2007-ST, Dated : August 23, 2007Subject:- Procedural issues in Service Tax-circular-reg. Since the inception of the levy of service tax vide Chapter V of the Finance Act, 1994 (hereinafter called the Act) and rules made thereunder from time to time, a number of circulars/clarificati..

Posted in Service Tax

AIRs-Utilization of information-CBDT

 

Direct Tax Instruction No. 7 dated 16 August 2007 Annual Information Returns (AIRs) - Utilization of information For the purpose of issuance of notices and taking statutory action under sub-para (d) of para 10 of Board's Instruction No. 6-2006 dated 1 August 2006 on utilization of information in th..

Posted in Income Tax

Correct PAN-Taxpayers liable to TDS/TCS

 

Press Information Bureau Government of India Tuesday, September 25, 2007 Ministry of Finance TAXPAYERS LIABLE TO TDS / TCS ARE ADVISED TO FURNISH THEIR CORRECT PAN WITH THEIR DEDUCTORS 15:19 IST All tax deductors / collectors are required to file the TDS / TCS returns in Form No.24Q ..

Posted in Income Tax

DGFT allows EoU/STP/BTP units to subcontract part of production abroad and send intermediate goods without permission;

 

NOTIFICATION NO31 (RE-2007)/2004-2009., Dated: October 4, 2007In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 read with paragraph 1.3 of the Foreign Trade Policy (FTP), 2004-2009, as amended, the Central Government hereby makes the following..

Posted in Custom

Board Circular issued prior to amendment of IT Act and SC ruling not binding!!

 

IT is now an axiomatic law that Board circulars are binding on the Department, even if they are wrong or against decisions of the Supreme Court. But our Boards do not have the habit of tracking down the multitude of circulars they issue and considering whether they are relevant after the Law has bee..

Posted in Income Tax

Income-tax (First Amendment) Rules, 2008-Industrial park scheme

 

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART –II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE Department of Revenue (CENTRAL BOARD OF DIRECT TAXES) Notification New Delhi, the 8th January, 2008. INCOME-TAX S.O.50(E) .–In exercise of..

Posted in Income Tax