gta tax


Draft Guiding Principles for Determination of Place of Effective Management (Poem) of a Company Formulated

The Finance Act 2015 has amended with effect from 01 04 2016 the provisions of Income tax Act relating to determination of residence of a company In accordance with the amended provisions a company wo

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Main reasons for rejection of service tax return

This is to inform you that some returns got rejected after uploading of the XML file for the ST3 return period 2015 2016 Apr Sep mainly due to the following reasons 1 Incorrect selection of return typ

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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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Experts Opinions

Investment allowance (section 32ac(1a) of income tax act

We need your valuable Input for Investment Allowance i e Section 32AC 1A of Income Tax Act 1961 so kindly consider follosing 1 The manufacturing Company has acquired Machinery of Rs 18 Crores in the F

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Self adjustment or refund of service tax

A proprietary firm issued the invoice of rs 5 00 000 along with service tax of rs 70 000 14 to its customer customer do not make full payment of the invoice Customer pays only 70 of the invoice Too mu

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Taxability of lta

Dear Experts In previous block one of our employee has not performed any journey and we were giving him Rs 2000 PM LTA therefore we have deducted the TDS on this 2000 also during the entire previous b

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Waive of trade liabilities - tax implications.

Amount of waive off of trade liabilities whether it is treated as capital receipts or revenue receipts what will the tax implication of same

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Service tax credit of swaach bharat cess

we are manufacturing company availing service tax credit for excise duty payable we are not providing any services whether swaach bharat cess paid can be claimed as input for excise duty payable if ye

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Income tax on fd interest and ppf account combined.

Hello everyone A friend of mine is unemployed but he gets around 1 5 lacs as interest from his fixed deposits for which he wants to submit 15g for no tds deduction My question is if he takes 1 5 lacs

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Service tax limit whether applicable or not

A service provider is registered as Business Support Service Provider He is regularly paying the service tax on the services of Business Support Now he has a commercial premises to be given on rent Th

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Taxability of stipend income

Is stipend is Taxable If yes then please tell that under which section

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Service tax

we have paid 13920 as freight which amount we have paid service tax

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Service tax on health insurance

At what rate service tax is chargeable on Health Insurance is there any abatement

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File Download

  • Transfer Pricing - CA Final

    This file contain a chapter titled Transfer Pricing written by CA Anoop Bhatia Jaipur which forms part of his book titled Summary Book on Direct Taxes a very apt and useful book for CA Final Students which is available for online sale at www cafinal com


  • Handbook on IDT - May 2016

    Self Study Guide to Indirect Taxes for CA Final May 2016 attempt


  • 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


  • Income tax Amendment regarding Form 15CA and 15CB



  • IT Calculator for Govt Employees for FY 2015-16

    A tool that helps govt employees to easily calculate their income tax


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Service Tax on Hotel Industry

Charges and taxes levied on the foods served in the Restaurant Service Charges This is the charges levied by the restaurant as the payment for the services rendered like serving the foods etc This cha

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POEM - Redefining taxation of foreign arms managed from India

POEM is the buzzword of corporates having subsidiaries outside India and foreign firms outsourcing high end critical functons to India This concept is introduced to tax in India income which has been

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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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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 : 12/26/2015 5:03:08 PM

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