karnataka

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CS-New Examination Centers at Belgaum (Karnataka), Gwalior (MP) and Bhilai (Chhattisgarh)


NEW EXAMINATION CENTRES AT BELGAUM KARNATAKA GWALIOR MP AND BHILAI CHHATTISGARH FOR CS EXAMS The Institute is pleased to announce opening of new Examination Centres at Belgaum Karnataka Centre Code 320 Gwalior MP Centre Code 421 and Bhilai Chhattisgarh Centre Code 422 on an experimental basis beginn

CA Examinations - May,2013 for the candidates of Bangalore (Zone 2) (Karnataka), Jaipur (Rajasthan), and Sikar (Rajasthan)


Due to unavoidable circumstances candidates earlier allocated to the examination centre in 1 Govt R C College of Commerce Management Bangalore Zone 2 2 University Commerce College Jaipur 3 University Rajasthan College Jaipur and 4 S K Govt College Sikar have been re allocated in some other centres i

Postponement of Examination scheduled on 4th & 5th May 2013 in the State of Karnataka


The Institute of Chartered Accountants of India Set up by an Act of Parliament Post Box No 7112 ICAI BHAWAN Indraprastha Marg New Delhi 110002 TO BE PUBLISHED IN PART III SECTION 4 OF THE GAZETTE OF INDIA NOTIFICATION 25th March 2013 No 13 CA Exam M 2013 II In partial modification of the Institutes

Centralised Processing centre for IT return in Bangalore


IT Return Processing Centres The Government proposes to set up a Centralised Processing Centre CPC during 2009 10 only at Bengaluru for processing of all Income tax returns received in the State of Karnataka and for processing of all e returns received in the country It will provide speedy processin

New hubs to bolster tax kitty


The Central Board of Direct Taxes CBDT has discovered new hubs to bolster the tax kittyat this time at the grassroots The CBDT has spotted Panchayats in states such as Gujarat Maharashtra Karnataka and Madhya Pradesh as the potential tax payers under the TDS tax deducted at source category sources i

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Experts Opinions

karnataka vat


what is the limit for vat audit in Karnataka for f y 2016 17

Taking over of existing proprietorship business at karnataka


my client is doing a partnership business in chennai and the partners are nothing but father and son The father is also having proprietorship business in Karnataka He wants to merge take over the proprietorship business at karnataka with the existing partnership business at chennai My question is as

Entry tax on works contact in karnataka


My company is receving works contact services from contractor whther we have to pay entry tax on materials used inworks contract forconsructing office building plz provide documentation proof in this regard

Labour portion in Iron and Steel Works contract under Karnataka Value Added tax Act


Portion of Labour charges under WCT shall be 25 or 30 pls let me know

Karnataka vat & service tax rates on work contract


Dear experts i want to know the Karnataka vat service tax composition on work contract there rates and percentages in regular scheme and composition scheme also kindly someone help me like in composition 4 vat on work contract value and service tax on 15 on 70 work contract value kindly please solve

Discussion

Notice u/s 74(4) of the karnataka value added tax act 2003

We have received notice dt 12 04 2017 u s 74 4 of the Karnataka Value added tax Act 2003 for non filing of annual return VAT 240 imposing penalty Rs 5K and Rs 50 every day till date of filing for the financial year 2010 11 We understand that the non filing has been obseved by AG Audit The assessment

Entry tax within karnataka

We have purchased Laundry Machine and Lifts from Bangalore raising E SUGAM and The same machinery has been Installed at Mysore as part of Business Purpose I want to know whether If we have purchased within Karnataka are we liable to pay Entry Tax to the government

Transportation charges in vat sales bill - karnataka vat

Dear Sir I am seeking your valuable advice of the under mention two scenario 1 We are selling our goods to customer in Karnataka only and we are showing transportation charges separately in our Sales Invoice Now my question is should we take this formula for ascertain the VAT amount Basic ED Transpo

240 vat audit under karnataka vat act

IF A DEALER IS DEALING IN EXEMPTED GOODS UNDER KARNATAKA VAT ACT AND HIS TURNOVER CROSSES RS 100 LAKHS WHETHER HE NEED TO FILE 240 VAT AUDIT HE DOES NOT TRADE IN ANY TAXABLE GOODS PLEASE HELP ON THIS

Input tax credit on capital goods on work contract karnataka vat

input tax credit on capital goods on work contract karnataka vat

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File Download

  • Jurisdictional ITO Karnataka for 2016

    Income Tax Officers Karnataka jurisdiction along with telephone Directory for the year 2016
  • Karnataka Budget 2016-17

    Key features of Karnataka Budget 2016 17 presented by Honorable CM cum FM of Karnataka
  • Karnataka VAT Commodity Code

    KARNATKA VAT COMMODITY CODE
  • Important changes under Central and State Tax Laws

    The following are the important changes under Central and State Tax Laws with effect from 1st April 2015 1 Conveyance Allowance Transport allowance granted to an employee is exempted up to Rs 800 per month The limit of exemption is now enhanced to Rs 1600 per month 2 Profession Tax Those whose salary for a month was more than Rs 10 000 were supposed to pay Profession Tax of Rs 150 per month Now from 1st April 2015 the persons drawing salary up to Rs 15 000 per month are exempted from Profession Tax Applicable for Bangalore 3 Profession Tax exemption for senior citizens who have attained age of 60 Years Applicable for Bangalore 4 Wealth Tax Is abolished from 1st April 2015 Keep all the wealth tax papers of past 8 years in safe custody even though wealth tax is abolished from FY 2015 16 5 Mediclaim Insurance The premium paid towards mediclaim insurance is enhanced from Rs 15 000 to Rs 25 000 per year for senior citizen it is enhanced from Rs 20 000 to Rs 30 000 per year u s 80D 6 Basic Exemption Limit for VAT registration in Karnataka Now the traders who expect to do annual taxable turnover sales of less than Rs 10 Lakhs needn t register under Karnataka VAT Laws However other aspects of registration which were applicable till March 2015 will continue to apply 7 Reverse Charge Method under service Tax Laws w r t Manpower Consultancy Currently in case manpower supply or security services is provided by individual HUF or partnership firm to a body or a corporate the service provider is liable to deposit Service Tax to the extent of 25 and service receiver liable to deposit Service Tax to extent of 75 W e f 1st April 2015 Service Tax is not required to be charged by specified service provider i e individuals HUF Partnership Firms and the same is to be paid by the service receiver entirely i e instead of 75 the service receiver has to pay 100 F No 334 5 2015 8 ESIC Payment Through Online Online payment of ESI contribution made easier Now facility for payment of ESI contribution through net banking is made available through State Bank of India and 58 major banks 9 PF Payment Made Online The EPFO payment has been made online Mandatory effective from 1st May 2015
  • Karnataka VAT- Matching of Input Tax Credits

    Karnataka Commercial Tax Department has issued Notification no CCW CR44 2013 14 dated 29th April 2014 making mandatory for specified class of dealers to furnish purchases and sells details electronically After furnishing details next step is to rectify mismatching of uploaded details This article is an attempt to explain the provisions and procedures and also consequences of non compliance

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Articles

Discussion on Value Added Tax, Karnataka - Part 2


Businessincludes Section 6 a any trade commerce manufacture or any adventure or concern in the nature of trade commerce or manufacture whether or not such trade commerce manufacture adventure or concern is carried on in furtherance of gain or profit and whether or not any gain or profit accrues ther


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 in diluted form w e f 1 4 2005 These include Assam Andhra Pradesh Bihar Delhi Goa Karnataka Kerala


TDS on Industrial Canteens - Karnataka VAT


VAT is a levy on sale of goods For the purpose it is usually the seller who would be held liable for payment of VAT However there are few exceptions created under the VAT provisions As per Section 3 2 of KVAT Act 2003 in case there is a sale by an unregistered person to a registered dealer then the


VAT Problems In E-Commerce Transactions - Amazon's Karnataka Case Study


VAT Problems In E Commerce Transactions Amazons Karnataka Case Study A Potential Noscitur Principle Issue E commerce transactions in India are gaining popularity at the very fast pace majorly due to its attributes of ease of shopping good discounts social media integration cash on delivery mode of p


Major Changes in E-sugam (Karnataka VAT)


Following major changes have been effected by the government of Karnataka for E Sugam videCircular No ADCOM IC P A CR 31 2011 12 DT 09 10 2013 Please spend some time to read the gist of major changes as there is no excuse available under any law on account of ignorance of law I More number of items


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Updated on : 4/21/2017 10:39:08 AM


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