ajay jain tax notes


Govt imposes 0.5% Swachh Bharat cess on all services from Nov 15

Government decides to impose a Swachh Brarat Cess at the rate of 0 5 on all serviceS presently liable to service tax with effect from 15th November 2015 Proceeds from this cess to be exclusively used

Full Story

Taxation of income from off-shore Rupee Denominated Bonds

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi 29th October 2015 Subject Taxation of income from off shore Rupee Denominated Bonds reg The Reserv

Full Story

Two CAs in committee to simplify income tax act setup by govt

The Government of India has constituted a Committee with a view to simplify the provisions of the Income Tax Act 1961 with the following composition i Justice R V Easwar Retd former Judge Delhi High C

Full Story

E sahyog portal for settling IT return claims online launched

The Union Finance Minister Shri Arun Jaitley Launches The E Sahyog Pilot Project of The Income Tax Department to Facilitate Taxpayers The Income tax Department is committed to the Digital India initia

Full Story

Mere transfer of title in immovable property is exempted from Service Tax

In order to resolve a long standing issue relating to levy of Service Tax on sale of flats dwellings etc after issue of occupancy certificate but before issue of completion certificate in areas under

Full Story

More News

Experts Opinions

Whether to pay taxes?

my grandmother has monthly pension about rd 20000 also she earns interest on fd annually rs 160000 she is senior citizen so I want to know her tax liability

Read Expert Opinion

Point of taxation

Please tell me what is poi nt of taxation

Read Expert Opinion

Taxation of non resident sports coaches

Hello all One of my client is a 100 government funded registered government society and it wants to hire services of foreign coaches on contract basis Payment will be in USD and client will bear all t

Read Expert Opinion

Can input tax credit be claimed after 3 years

my client purchased goods worth rs 15 lacs in fy 2012 13 for his business and paid vat on the same however the goods have not been sold and are still lying in his closing stock can he claim the input

Read Expert Opinion

Withholding tax

Dear Sirs and Friends One of my friend is planning to send Rs 3 lacs to a person residing outside India for sharing technical know how related to the field of Animation My question is my friend as an

Read Expert Opinion


Service tax on customized software..urgent

Hello All One of my client develop and customise softwares according to need of clients situated in non taxable territory Consideration received in foriegn exchange Firstly software is developed and t

Read full discussion

Ipcc may 2016 tax and fm

when will icai upload new practise manual of tax and fm for may2016 exams

Read full discussion

Professional tax

Hi CCI members can anybody help me regarding professional tax registration in the e registration portal under step 1 of registration it showing EDR it is some sort of date to be filled What is that ED

Read full discussion

Service tax rate will be increased to 14.5% from 15th nov

Service tax rate goes up from 14 to 14 5 w e f 15th Nov 2015 vide notification 22 2015 ST dated 6 11 2015 The government has decided to impose a Swachh Bharat Cess at the rate of 0 5 per cent on all s

Read full discussion

Service tax on hr management comany providing serivce abroad

Hi I are working with an Human resource management company We came into an agreement with an foreign company for recruitment of employee for it indian branch and all the fee will be paid by such forei

Read full discussion

More Messages

File Download

  • Understanding Negative List of Services

    Understanding Negative List of Services in service tax


  • Soft Copy of 44th issue of Tax Talk (November 2015)

    Soft Copy of 44th issue of Tax Talk November 2015


  • Document Management addon for Tally

    Greetings fellow forum members Let me thank you for your valuable support advice and feedback on our first addon Continuing with the same we wish to present you with our new addon Document Management System Experience has taught accountants and buisnessmen to have ready access to documents related to all entries in an accounting system We have come up with an addon specifically to address such issues We present this Document Management addon a useful tool for people who wish to attach any bills invoices cerificates etc i e any file you wish to attach with any accounting entry as a supporting document or evidence Thus it helps for future reference for accountants and also for audit purposes for auditors This addon is a trial version which only works for contra entries as well as masters If you wish to attach any documentary evidence for withdrawal of cash from bank or vice versa you can attach scanned copy camera captured image of the deposit slip withdrawal slip For people who wish to attach supplier or vendor details say TDS certificates or VAT service tax certificates they can attach any such documents during creation or alteration of such masters This can be applied to many areas say assets where bills invoices may be attached or excel sheets having depreciation calculations can be attached The Paid version of this addon can be used for all voucher types We hope that this trial version will convince you of the full potential of this addon In case of any query or feedback please feel free to communicate Regards CA Deepak Agarwal Gyrotech info gyrotech in 7738286611


  • Tax Connect (40th Issue) November 2015

    Tax Connect 40th Issue November 2015


  • Service Tax Calculation

    Service Tax Calculation Sheet


More Files


Kernel of Tax Audit

When we write Audit or Tax Audit in Google it gives about 3 05 00 000 results in 0 33 seconds all the same defining audit as Systematic and independent examination of data statements records operation

Full Article

Basic Accounting, Taxability and Audit of Non Profit Organsiations

NON PROFIT ORGANISATIONS WHAT IS NON PROFIT ORGANISATIONS NPO A Non Profit Organization is an entity that is operated for the benefit of the society as a whole rather than the benefit of sole propriet

Full Article

How to Deal with CS Final Advance Tax Laws - A Pass out's Guide

A GUIDE TO ADVANCED TAX LAWS AND PRACTICE FOR OLD NEW SYLLABUS Group Three of CS Final is A Terror for many students both under old and the new syllabus General reason for this is Too much Concentrati

Full Article

Credit of EC & SHEC can be used for payment of Service tax

Dear Professional Colleague Credit of EC SHEC can be used for payment of Service tax With the underlying theme of setting the stage for Goods and Services Tax GST the Union Budget 2015 had proposed to

Full Article

YOGA is now Tax Free Service - Baba Ramdev must be delighted!!

In a welcome move to promote YOGA the Central Government has exempted the activities relating to advancement of yoga from the levy of service tax The definition of charitable activity contained in meg

Full Article

More Articles

Updated on : 11/8/2015 10:39:10 AM

close x