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 32

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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

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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 I

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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 Ka

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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 an

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Experts Opinions

Esugam for karnataka

I am a manufacturer In Daman and selling goods to a customer in Bangalore through my dealer in Chennai on transit sale basis Please confirm how esugam will be issued in this case Please note that the

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Karnataka vat & cst registration for proprietor business

I would like start Steel Nail Manufacturing Trading business at Karnataka Athipalli Bangalore Industrial Area In this regards i have doubt about 1 Is Online Registration is enough for getting CST VAT

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Composition scheme for restaurant under karnataka vat act

A Restaurant having T o around 1cr Paying VAT 14 5 mostly don t have Input VAt Under the name of a TRUST It s running from Last 4 years under Full VAT Not under Service Tax yet My Query is can this re

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How to enter in karnataka, if doesn't have tin no or e sugam

Dear Sir We are based in Mumbai we received order from my client based in Mumbai Project location is Bangalore Client is Service Provider they doesn t have TIN no of any State or E Sugam In this case

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Seizure of goods under karnataka vat

One of my friend doing ferry business in bangalore karnataka usually he purchase garment item against bill from different dealers and resale those goods shop to shop without any bill Today one of offi

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Regarding karnataka vat & cst registration by online

I would like start Steel Nail Manufacturing business atKarnataka Athipalli Bangalore Industrail Area In this regards i have doubt about 1 Is Online Registrationenough for geting CST VAT RC 2 am i want

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Credit availing of input vat on demo expenses (karnataka vat

Dear All Pleae let me know the appropriate answer from any one we have a trading unit using the material for demo expenses purpose localy shall we take input vat credit on the same

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Interest and penalty rates for p.t under karnataka

My dear Professionals Please givce me the clarification regarding the Consequences for Late filing of Professional Tax under Karnataka One of our Client It is a Company didnt pay Professional Tax for

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Vat input on fixed assest under karnataka vat

Dear Sir Madam Can any one please suggest me on this issue A company registered as a wholeseller under karnataka VAT and the commodieties is computer accesories A has purchase few systems for internal

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Works contract tax in karnataka

hi there we are civil contractors highway construction works contract and while evaluating a project in karnataka we have a disagreement among ourselves with respect to VAT liability of the project so

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  • 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


  • KVAT 240 Audit-Excel Format



  • Gazette Notification relating to Audit of Co-operative Societies by Cost Accountant and Cost Accountant Firms

    Gazette Notification of Govt of Karnataka dated 9 Sep 2014 relating to Audit of Co operative Societies by Cost Accountant and Cost Accountant Firms


  • Gazette Notification relating to Karnataka Souharda Sahakari (Amendment) Bill 2014

    Gazette Notification dated 4 Sep 2014 relating to Karnataka Souharda Sahakari Amendment Bill 2014


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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

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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 i

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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

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Landmark ruling on Section 271(1)(c) by Karnataka High court

2013 TaxCorp LJ 1412 HC KARNATKATA S 271 1 c Merely because the assessee accepted addition or deletion and did not challenge the assessment order by way of appeal it cannot be concluded that such addi

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Updated on : 9/21/2015 9:02:08 PM

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