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Mahesh Babu P M

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About me

  Member Since : 10 August 2013  (Bangalore)

  

            

      

ya kundendu tu?araharadhava?a ya subhravastrav?ta
ya vi?avarada??ama??itakara ya svetapadmasana |
ya brahmacyuta sa?karaprabh?tibhirdevaissada pujita
sa ma? patu sarasvati bhagavati nisse?aja?yapaha || 1 ||

dorbhiryukta caturbhi? spha?ikama?inibhai rak?amalandadhana
hastenaikena padma? sitamapica suka? pustaka? capare?a |
bhasa kundendusa?khaspha?ikama?inibha bhasamanazsamana
sa me vagdevateya? nivasatu vadane sarvada suprasanna || 2 ||

surasuraissevitapadapa?kaja kare virajatkamaniyapustaka |
viriñcipatni kamalasanasthita sarasvati n?tyatu vaci me sada || 3 ||

sarasvati sarasijakesaraprabha tapasvini sitakamalasanapriya |
ghanastani kamalavilolalocana manasvini bhavatu varaprasadini || 4 ||

sarasvati namastubhya? varade kamarupi?i |
vidyarambha? kari?yami siddhirbhavatu me sada || 5 ||

sarasvati namastubhya? sarvadevi namo nama? |
santarupe sasidhare sarvayoge namo nama? || 6 ||

nityanande niradhare ni?ka?ayai namo nama? |
vidyadhare visalak?i suddha?ñane namo nama? || 7 ||

suddhaspha?ikarupayai suk?marupe namo nama? |
sabdabrahmi caturhaste sarvasiddhyai namo nama? || 8 ||

muktala?k?ta sarva?gyai muladhare namo nama? |
mulamantrasvarupayai mulasaktyai namo nama? || 9 ||

manonmani mahabhoge vagisvari namo nama? |
vagmyai varadahastayai varadayai namo nama? || 10 ||

vedayai vedarupayai vedantayai namo nama? |
gu?ado?avivarjinyai gu?adiptyai namo nama? || 11 ||

sarva?ñane sadanande sarvarupe namo nama? |
sampannayai kumaryai ca sarva?ñe te namo nama? || 12 ||

yoganarya umadevyai yoganande namo nama? |
divya?ñana trinetrayai divyamurtyai namo nama? || 13 ||

ardhacandraja?adhari candrabimbe namo nama? |
candradityaja?adhari candrabimbe namo nama? || 14 ||

a?urupe maharupe visvarupe namo nama? |
a?imadya??asiddhayai anandayai namo nama? || 15 ||

?ñana vi?ñana rupayai ?ñanamurte namo nama? |
nanasastra svarupayai nanarupe namo nama? || 16 ||

padmaja padmava?sa ca padmarupe namo nama? |
parame??hyai paramurtyai namaste papanasini || 17 ||

mahadevyai mahaka?yai mahalak?myai namo nama? |
brahmavi??usivayai ca brahmanaryai namo nama? || 18 ||

kamalakarapu?pa ca kamarupe namo nama? |
kapalikarmadiptayai karmadayai namo nama? || 19 ||

saya? prata? pa?hennitya? ?a?masatsiddhirucyate |
coravyaghrabhaya? nasti pa?hata? s??vatamapi || 20 ||

ittha? sarasvati stotramagastyamuni vacakam |

sarvasiddhikara? nr?¯?a? sarvapapapra?asanam || 21 

     

 

 Myself , Mahesh Babu P M a C A IPCC Student law Articles. I am an extremely lovable, adorable person, sometimes shy, with a passion for quick wit. At times, I prefer quiteness. I love exploring various things and going into depth of each thing.

 

 

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starMember Article / Audit Training Details: 

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CONTACT DETAILS OF TRAINING SECTION OF ICSI : LINK: https://icsi.edu/Student/Training/tabid/1714/Default.aspx

 

 

Professional Links
  • https://www.cbec.gov.in/
  • https://www.icegate.gov.in/
  • https://www.nacen.gov.in/
  • https://www.ltu.gov.in
  • https://www.cbec.nsdl.com/EST

 

Web-sites maintained by subordinate offices of CBEC

National Academy of Customs, Excise and Narcotics (NACEN)

https://www.nacen.gov.in/

Directorate General of Audit

https://www.dgauditces.gov.in/

Directorate General of Human Resource Development

https://www.dghrdcbec.gov.in/

Central Excise and Service Tax

https://sermon.nic.in

Directorate of Revenue Intelligence

https://www.dri.nic.in/

Directorate General of Safeguards

https://dgsafeguards.gov.in

Indian Customs and Excise Gateway

https://www.icegate.gov.in/

The Customs, Excise and Service Tax Appellate Tribunal Website

www.cestat.gov.in

Large Taxpayer Units (LTU) Portal

https://www.ltu.gov.in

The Principal Chief Controller of Accounts, CBEC

https://www.pccacbec.nic.in/

Automation of Central Excise & Service Tax (ACES)

 https://www.aces.gov.in

 

Commissionerates :

Central Excise, Ahmedabad-I

www.cenexahmedabad.nic.in

Customs Commissionerate - Ahmedabad

https://ahmedabadcustoms.gov.in

Central Excise and Customs, Aurangabad

www.centralexciseaurangabad.gov.in

Central Excise Bangalore

https://centralexcisebangalore.kar.nic.in

Customs -Bangalore

https://bangalorecustoms.gov.in

Customs and Central Excise Commissionerate - Bhopal

https://www.cexbhopal.gov.in  and 

https://www.cexbhopal.nic.in

Customs and Central Excise Commissionerate -Bhubaneswar 

www.ori.nic.in/cenexbbsr

Central Excise & Customs - Calicut

www.cenexcalicut.gov.in

Commissionerate of Central Excise – Chandigarh-I

https://www.cexchd1.gov.in

Commissionerates of Chennai-I  / Chennai-II / Chennai-III 

https://centralexcisechennai.gov.in/

Customs - Chennai

https://www.chennaicustoms.gov.in

Customs – Chennai (Airport and Air cargo)

www.aircustomschennai.gov.in

Cochin Central Excise Commissionerate

https://www.cenexcisekochi.gov.in

Customs - Cochin

www.cochincustoms.nic.in

Commissionerate of Customs, Central Excise and Service Tax Coimbatore

https://cenexkovai.tn.nic.in

Central Excise - Delhi Zone

www.centralexcisedelhi.nic.in. 

Commissionerate of Service Tax - Delhi

www.servicetaxdelhi.gov.in

Central Excise - Dibrugarh

www.cexdibrugarh.gov.in

Customs - Hyderabad

https://hyderabadcustoms.ap.nic.in

Central Excise Commissionerate - Hyderabad-III

https://www.cxhyd3.nic.in/

Central Excise Commissionerate – Hyderabad-IV

https://www.centralexcisehyderabad4.gov.in

Indian Customs at IGI Airport, New Delhi

www.igiacustoms.gov.in

Customs and Central Excise Commissionerate - Jammu & Kashmir

https://ccejk.nic.in

Commissionerate of Customs (Preventive) - Jamnagar

https://www.jamnagarcustoms.gov.in

Custom House, Kandla

www.kandlacustoms.org

Commissionerate of Central Excise  - Kanpur

https://centralexcisekanpur.gov.in

Customs - Kolkata

www.kolkatacustoms.gov.in

Air cargo, Sahar, Mumbai

www.accmumbai.gov.in

Customs - Mumbai-III

www.mumbaicustoms3.gov.in/

Customs - Jawahar Customs House, Mumbai

www.jawaharcustoms.gov.in

Customs - Mumbai

www.mumbaicustoms.gov.in

Central Excise - Mysore

www.centralexcisemysore.kar.nic.in

Central Excise  - Nagpur

https://cenexcisenagpur.nic.in

Central Excise Commissionerate, NOIDA

https://centralexcisenoida.nic.in/

Central Excise Commissionerate - Puducherry 

https://www.pondycentralexcise.gov.in

Customs Commissionerate - Pune

www.punecustoms.nic.in

Central Excise Commissionerate - Shillong

https://cexstshillong.gov.in/

Central Excise Commissionerate - Surat-I

https://www.excisesurat1.nic.in

Customs - Tuticorin 

https://www.tuticorincustoms.org

Central Excise Commissionerate - Vadodara-II

https://www.excisevadodara2.nic.in

Custom House – Visakhapatnam

https://vizagcustoms.gov.in/

Central Excise Commissionerate – Visakhapatnam-I

https://www.cenexgstvizag1.gov.in

 

List of other related web sites 

India Portal (official single entry portal of the Indian Govt.)

www.india.gov.in

Airports Authority of India

www.airportsindia.org.in  & www.aai.aero

World Customs Organisation

www.wcoomd.org

Govt. of India Directory of sites

www.goidirectory.nic.in

Ministry of Finance

www.finmin.nic.in

Directorate General of Foreign Trade 

www.nic.in/eximpol

Customs Websites of other countries

www.customs.govt.nz/default.htm

Empowered Committee of State Finance Ministers

(Constituted by Government of India)

www.empcom.gov.in

TDS / TCS RATES  FOR F.Y. 2013-14

 Section  Nature of Payment  Threshold Limit of Payment  FY (2013-14)
192

Income from Salary

 Senior Citizen (60 Years)

 Rs. 2,50,000 Average rate of Tax + edu. Cess Surcharge if Salary > 1 cr

 Super Senior Citizen (80 Years)

 Rs. 5,00,000
 Others  Rs. 2,00,000
193 Interest on Securities Rs. 5000 10%
194A

Interest from a Banking Company

 Rs. 10,000 per annum

10%
194A

Interest other than from a Banking Co.

 Rs. 5,000 per annum

10%
194B

Winning from Lotteries & Cross Word Puzzles

 Rs. 10,000 per annum 30%
194BB

Winning from Horse Races

 Rs. 5,000 per annum 30%
194C

Payment to Contractors; Sub-contractor; Advertising Contractors

 Rs. 30,000 per contract (or) 

Individual/HUF 1%

Others 2%

 Rs. 75,000 per annum

194D

Insurance Commission

 Rs.20,000 per annum

10%
194E

Non-resident Sportsman or Sports Association

  - 20%
194G

Commission on Sale of Lottery Tickets

 Rs.1000

10%
194H

Commission/Brokerage

 Rs. 5,000 per annum

10%
194-I

Rent on Plant / Machinery

 Rs. 1,80,000 per annum 2%
194-I

Rent Other then Plant / Machinery

 Rs. 1,80,000 per annum

10%
194-IA Payment on transfer of Non agricultural immovable property (wef 01.06.13) Rs. 50,00,000 1%
194J

Fees for Professional / Technical Services

 Rs. 30,000 per annum

10%
194J(1)(ba) Any remuneration or commission paid to director of the company (other than salary)   10%
194LA Compulsory Acquisition of Immovable Property Rs. 2,00,000 10%
TCS Rates
206C

Scrap

 -

1%
206C

Tendu Leaves

 -

5%
206C

Timber obtained under a forest lease or other mode

 -

2.50%
206C

Any other forest produce not being a Timber or tendu leave

 -

2.50%
206C

Alcoholic Liquor for Human Consumption

 -

1%
206C

Packing lot, toll plaza, mining & quarrying

 -

2%
206C Purchase of Bullion/ Jewellery in cash

Rs. 2 Lacs per transaction (Bullion)

Rs. 5 Lacs per transaction (Jewellery)

1%
206C Purchase of coal lignite, Iron ore by a trader - 1%
 
Notes
1. Surcharges & Education Cess
 
Type of Payment Surcharge Rate Education Cess (3.00%)
Salary (Resident & Non-resident) Upto 1cr Nil Yes
> 1 Crore 10%
Other Payments to Residents No Nil No
Other Payments to Non-Residents      
Payment to Non-Residents (other than Cos) Upto 1cr Nil Yes
> 1 Crore 10%
Payments to Foreign Co. Upto 1cr Nil Yes
> 1 Crore 2%
> 10 Crores 5%

2. Nil rate will be applicable to transporter of goods if he provides his PAN to the deductor. 
3. Nil Deduction entries of transporters also to be shown in Form 26Q.
4. TDS @ 20% where PAN not furnished.
5. Benefit of Marginal Relief from surcharge shall be available where income exceeds 1 cr.

Fees and Penalties
 
Section Descriptttttttttttttion FY (2013-14)
234E Fee for late filing of  TCS/ TCS return

Rs 200 per day (not exceeding amount of tax)

271H(1)(a)

Penalty for Late filing of  TCS/TCS return beyond 1 year

Minimum  Penalty : Rs. 10,000

Maximum  Penalty : Rs. 1 lac

271H(1)(b) Penalty for providing incorrect information in TDS/TCS Return

Minimum  Penalty : Rs. 10,000

Maximum  Penalty : Rs. 1 lac

 
Other Important Changes
Section Descriptttttttttttttion FY (2013-14)
197A Eligible Age for Form 15H (Payment without TDS) 60 years.
201/206C Interest on non-short deduction of tax where deductee deposits advance/ self assessment tax Till date of filing of ITR by deductee wherein full tax has been deposited. CA certificate needed.
40(a)(ia) Disallowance of payment made without TDS where deductee deposits advance / self assessment tax Till date of filing of ITR by deductee wherein full tax has been deposited. CA certificate needed.
200A Appeal, Rectification against Intimation of TDS Return Yes
 

Interest on delay in deposit of tax after deduction

Stage of deduction

Rate per month or part of the month

From date when deductible till actual deduction

 1%

From date of deduction till payment

 1.5%
 
starstarstarstarstarRates of Income Taxstarstarstarstarstar
Assessment year : 2013 - 14
Previous year   : 2012 - 13
Assessment year : 2014 - 15
Previous year     : 2013 - 14
1. For resident women below the age of 60 years. 1. For resident women below the age of 60 years.
Upto Rs. 2,00,000 Nil
Rs. 2,00,001 to Rs. 5,00,000 10%
Rs. 5,00,001 to Rs. 10,00,000 20%
Above Rs. 10,00,000 30%
Upto Rs. 2,00,000 Nil
Rs. 2,00,001 to Rs. 5,00,000 10%
Rs. 5,00,001 to Rs. 10,00,000 20%
Above Rs. 10,00,000 30%
2. For resident Senior Citizens. (Age above 60 Years) 2. For resident Senior Citizens. (Age above 60 Years)
Up to Rs 2,50,000 Nil
Rs. 2,50,001 to Rs. 5,00,000 10%
Rs. 5,00,001 to Rs. 10,00,000 20%
Above Rs. 10,00,000 30%
Up to Rs 2,50,000 Nil
Rs. 2,50,001 to Rs. 5,00,000 10%
Rs. 5,00,001 to Rs. 10,00,000 20%
Above Rs. 10,00,000 30%
3. For resident Super Senior Citizens. (Age above 80 Years) 3. For resident Super Senior Citizens. (Age above 80 Years)
Up to Rs 5,00,000 Nil
Rs. 5,00,001 to Rs. 10,00,000 20%
Above Rs. 10,00,000 30%
Up to Rs 5,00,000 Nil
Rs. 5,00,001 to Rs. 10,00,000 20%
Above Rs. 10,00,000 30%
4. Individuals, [other than those mentioned above, HUF, AOP/BOI (other than co-operative societies). 4. Individuals, [other than those mentioned above, HUF, AOP/BOI (other than co-operative societies).
Upto Rs. 2,00,000 Nil
Rs. 2,00,001 to Rs. 5,00,000 10%
Rs. 5,00,001 to Rs 10,00,000 20%
Above Rs. 10,00,000 30%
Upto Rs. 2,00,000 Nil
Rs. 2,00,001 to Rs. 5,00,000 10%
Rs. 5,00,001 to Rs 10,00,000 20%
Above Rs. 10,00,000 30%
Surcharge : NIL
Education Cess : 2% on income-tax plus surcharge.
Secondary and Higher Education cess : 1%  on income-tax plus surcharge
Long-Term Capital Gains: 20% on income-tax plus surcharge.
Short-Term Capital Gains u/s 111A:15% on income-tax plus surcharge.
Surcharge : 10% for Indiviadual having taxable Income exceeding 1 Crore 
Education Cess : 2% on income-tax plus surcharge.
Secondary and Higher Education cess : 1%  on income-tax plus surcharge
Long-Term Capital Gains: 20% on income-tax plus surcharge.
Short-Term Capital Gains u/s 111A:15% on income-tax plus surcharge.
Firms Firms
Income tax : 30%.
Surcharge : NIL
Education Cess : 2% on income-tax plus surcharge
Secondary and Higher Education cess : 1%  on income-tax plus surcharge
Income tax : 30%.
Surcharge :10%
Education Cess : 2% on income-tax plus surcharge
Secondary and Higher Education cess : 1%  on income-tax plus surcharge
Companies Companies
(A) Domestic Companies 
Income tax : 30%
Surcharge: 5%  if the taxable income exceeds Rs. 100,00,000.
Education Cess: 2% on income-tax plus surcharge.
Secondary and Higher Education cess : 1%  on income-tax plus surcharge
(A) Domestic Companies 
Income tax : 30%
Surcharge: 10%  if the taxable income exceeds Rs. 100,00,000.
Education Cess: 2% on income-tax plus surcharge.
Secondary and Higher Education cess : 1%  on income-tax plus surcharge
(B) Foreign Companies
Income tax : 40% (in general )
Surcharge : 2% if the taxable income exceeds Rs. 100,00,000.
Education Cess : 2% on income-tax plus surcharge
Secondary and Higher Education cess : 1%  on income-tax plus surcharge
(B) Foreign Companies
Income tax : 40% (in general )
Surcharge : 2% if the taxable income exceeds Rs. 1 crore & 5% if the taxable income exceeds 10 crores
Education Cess : 2% on income-tax plus surcharge
Secondary and Higher Education cess : 1%  on income-tax plus surcharge
Cooperative Societies Cooperative Societies
Upto Rs. 10,000 10%
Rs. 10,001 to Rs. 20,000 20%
Rs. 20,001 to Above 30%
Upto Rs. 10,000 10%
Rs. 10,001 to Rs. 20,000 20%
Rs. 20,001 to Above 30%
Surcharge : Surcharge Is Not Applicable
Education Cess : 2% on income-tax.
Secondary And Higher EducationCess : 1% on income tax plus surcharge
Surcharge : 10% 
Education Cess : 2% on income-tax.
Secondary And Higher EducationCess : 1% on income tax plus surcharge
Local Authorities Local Authorities
Income tax : 30%.
Surcharge : NIL
Education Cess : 2% on income-tax plus surcharge.
Secondary and Higher Education cess : 1%  on income-tax plus surcharge
Income tax : 30%.
Surcharge :10%
Education Cess : 2% on income-tax plus surcharge.
Secondary and Higher Education cess : 1%  on income-tax plus surcharge
Learn ACES Online

eFiling Offline Utilities/Schema

Assessees can file their Central Excise and Service Tax Returns using following offline Excel Utilities/XML Schema by downloading the same from this page.

LINK: https://acesdownload.nic.in/


                                                               

 

 I FOLLOW THESE....https://lh5.ggpht.com/_okgd6cQB8JA/S3v2Y1wShsI/AAAAAAAAAH8/OItpQBgYedE/s400/StageLights.png


This is section specific for the videos and all the video are related to online money making or online jobs.THAT'S ME........              

 

starIf you wish to be respected, then be ever respectful.

starIf you wish to be understood, then sincerely understand others.

starIf you wish to be appreciated, then be ever grateful.

starIf you wish to be loved, then give love in each moment.

starIf you wish to be wealthy, then act to create real value.

starIf you wish to learn, then take time to teach.

starIf you wish to climb higher, then life others up.

starIf you wish to be wise, then share what you know.

starWhatever you wish, life will surely give it.

starWhat you must do, though, is to truly live it.

starThere is so much to live for and so much to see.

starYou will have whatever you are willing to be.

 

                                                 

 

INSPIRATIONAL WORDS OF MR. WARREN BUFFET: Sacred Dhuni

 

starMoney doesn't create man but it is the man who created money.

starLive your life as simple as you are.

starDon't do what others say, just listen to them, but do what you feel is good.

starDon't go on brand names; just wear those things in which U feel comfortable.

starDon't waste your money on unnecessary things; rather spend on those people who are really in need.

starAfter all it's your life - then why give chance to others to rule your life."

starThe best investment you can ever make, is to invest in the Kingdom of God

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     https://www.dewa.com/animated/LosAngeles/ani-mer.gif"MAHESH BABU P M"

               

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