form 16a income tax

News

Now quote PAN if cash payment is made above 2 lac


The Government is committed to curbing the circulation of black money and widening of tax base To collect information of certain types of transactions from third parties in a non intrusive manner the

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Last date for advance tax payment postponed in flood effected stated


Last Date for December 2015 installment of Advance Tax for taxpayers in Tamil Nadu and Puducherry extended till 31st December 2015 The last date of payment of December 2015 installment of Advance Tax

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Significant decisions taken in last few months by CBDT for improving taxpayer services


CBDT takes various significant decisions in last three months for providing better taxpayer services improving ease of doing business and reducing the burden of compliance on the tax payer The Central

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Monetory limit for filing appeals before ITAT and HC increased to 10 lac and 20 lac


CBDT takes Initiatives for reducing Tax Litigation as a part of its initiatives to reduce grievances of the taxpayers The Central Board of Direct Taxes CBDT has issued a Circular revising the monetary

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Time taken for registration of a company cut by 50 percent


Time taken for registration of a company cut by 50 as a part of ease of doing business effort by the Ministry of Corporate Affairs Ministry to soon introduce a new version of Form INC29 incorporating

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Experts Opinions

Income from lic commission


Dear All I have an Query that I earned a Commission from LIC and Tds was deducted from Commission Now i want to file a Return for claiming the TDS for the F Y 2014 15 My Question is a Which Return wil

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Deduction under 80 ia of income tax act


whether there is any disclosure requirement or some presentation requirement with respect to financial statements when an entity is seeking deduction under section 80 IA of Income Tax Act Please clari

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Calculation of service tax and its accounting entry.


Coaching income crossed first time Rs 10 lakh i e Total coaching income from Apr to Dec Rs 11 lakh Service tax is not separetly charged on Rs 1 lakh 11 lakh 10 lakh How to pay service tax on Rs 1 lakh

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Type of form


Good day sir My self Braham Dutt is working in merchant navy and hv been outside from India on work for 190 day in 2014 2015 So I think i m considered as NRI My earning were in USD which were credited

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Tax on house property


Sir a client bough a house in 2009 for rs 5 Lacs sold it in 2015 Rs 15 Lacs and don t want to bought a new property in next 1 5 years Amount Rs 15 Lacs deposited in regular FD Can he avail benefit u s

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Discussion

Income from lic commission as an agent

Dear All I have an Query that I earned a Comission from LIC and Tds was deducted from my Commission Now i want to file a Return for claiming the TDS for the F Y 2014 15 My Question is a Which Return w

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Uk taxation system.

CAN ANY ONE PLEASE TELL ME ABOUT UK VAT RETURN DATES PAYMENT DATES RETURN SUBMISSION FORM FORMATS AND RATES AND ALSO ABOUT UK SERVICE TAX RETURNS AS WELL

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Sale proceeds of rural agricultural land- income from other sources?

I understand that rural agricultural land is specifically excluded from the definition of a Capital Asset under section 2 14 Hence capital gain does not arise Also these sale proceeds cannot be regard

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Form 15ca 15cb

Is it mandatory to submit form 15CA and 15CB for every outward remittance even if the remittance amt is between 100 to 300 USD EUR

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Taxability of mutual funds - an overview

While computing the tax assessment of any individual or body corporate it has been a regular issue in front of Chartered Accountants and Article Assistants that what will be the treatment of mutual fu

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File Download

  • AY 12-13

    INCOME BALANCE SHEET P L ACCOUNT

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  • Amendment in Form 15CA and 15CB

    Synopsis

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  • Service Tax Payable under Transport of Goods on Road or goods Transport Agency service[GTA] can be paid out of CENVAT

    Service Tax Payable under Transport of Goods on Road or goods Transport Agency service GTA can be paid out of CENVAT

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  • Income tax Amendment regarding Form 15CA and 15CB

    Synopsis

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  • Correction of information compiled for Administrative Hand Book 2016

    Correction of information compiled for Administrative Hand Book 2016

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Articles

Taxes on Petroleum Products: A convenient cash cow


Petroleum under GST regime The Constitutional Amendment Bill on Goods Services Tax GST recently cleared by the Cabinet provides that petroleum petroleum products viz petroleum crude high speed diesel


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Depreciation allowance under section 32 of the Income Tax Act, 1961


Depreciation is an allowance on capital assets acquired and put to use and not an expenditure unlike repairs to machinery plant or furniture It need not be incurred by the assessee during the previous


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Changes introduced in procedures related to furnishing of Form 15CA and 15CB


CBDT vide its notification no 93 2015 dated 16th December 2015 substituted the old rule 37BB with entirely new rule 37BB The new rule 37BB incorporates the following procedures for furnishing of decla


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Notable Changes in Form 15CA and 15CB


The CBDT has amended Rule 37 BB of the Income tax Rules and made notable changes which are as under i No Form 15CA and 15CB will be required to be furnished by an individual for remittance which do no


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Discussion on Value Added Tax, Karnataka


Introduction The White Paper is a policy document indicating basic policies of State Sales Tax VAT Haryana was the only State to introduce VAT w e f 1 4 2003 About 21 States have introduced VAT though


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Updated on : 12/22/2015 1:27:10 PM




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