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IT dept to issue 7 lakh letters seeking information in respect of high value non PAN transaction


Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi 21st July 2016 Sub Income Tax Department to issue 7 lakh letters seeking Information in respect of High Value Transactions Under the Annual Information Returns AIR various types of high value transa

Pre-MEF Data Verification


As you are aware every year Professional Development hosts an online form popularly known as MEF ie Multipurpose Empanelment Form atwww meficai orgThis year in order to make the Members aware as to what information is going to flow from Institutes records in MEF As the information field related to y

Offshore Tax Evasion


While there are impediments in obtaining information relating to undisclosed assets stashed away abroad pursuant to various initiatives taken by the Government the flow of information has improved leading to better enforcement action The Government has taken several measures to effectively deal with

Reward of Rs 15 lac for informer of tax evasion


Guidelines for Grant of Rewards to Informers of Tax Evasion The details with regard to guidelines in respect of rewards to informers of tax evasion are Direct Taxes Any person who provides specific information with respect to evasion of direct taxes and such information helps in detection of undiscl

CBEC takes Litigation Management and Dispute Resolution measures


CBEC takes Litigation Management and Dispute Resolution measures Field formations file applications for withdrawal in 980 and 2174 cases in High Courts and CESTAT respectively as per the new threshold monetary limits prescribed Out of this High Courts allow withdrawal in 250 cases and CESTAT in 202

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Experts Opinions

Vat tax information


I WANT TO KNOW VAT TAX RATES ON STEEL DOORS ACCESSORIES IN UTTARAKHAND FOR PURCHASING SELLING

Calculation formate


Sir I am running a coaching institute at Imphal As advice bu the Central Excise Dept I got registration of service tax in the year 2012 But as my annual collection of fee is less than Rs 10 Lakh I only file return and not pay any tax till date But this year my annual collection may be about Rs 13 to

Balance sheet format with cash flow


Sir can any you provide me the balance sheets format which have cash flow statement in excel format

Format of declaration of director for giving loan to company


Can any body share format of Declaration to be given by director for the giving loan to company that it is from his networth

Required format of tax audit of charitable trust


hello Please share format of audit report of charitable trust

Discussion

LLP accounts format and ROC related documents

I need LLP accounts format and ROC filing related documents model very urgent and my mail ID Taxsolution chennai gmail com kindly send me thanks advanced

Residential welfare association

Hi to everyone kindly clarify my doubt regarding RWA Residential welfare association earning interest from Banks is taxable at what rate slab or 30 Thanks in advance Anitha

Msme units to furnish online information now!

All MSME units are now required to furnish online information of their units at www msmedatabank in http egazette nic in WriteReadData 2016 171051 pdf

Format of asset declaration by principle officers of an ngo

Recently Government has declared to submit the Asset details of all Principle Officers of an NGO under the Lokpal Act is there any standard format in which the declaration needs to be made Can one submit his personal Balance Sheet instead

Wrong information by mistake in itr4 ay 2014-15

By first time I prepared my ITR4 myself for AY 2014 15 in Aug2015 ITO has sent a scrutiny notice u s 143 2 142 1 Now I recheck my ITR4 form I notice that I commited a mistake to pick Y for u s 94A But I have not at all any transctions in this regard Now please suggest how I face the scritiny

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IFC - Relevance of Information Technology in Internal Controls


The purpose of internal controls is to identify manage and control risks that could prevent the organization from achieving its objectives The information technology IT function designs develops implements and maintains much of an organizations business processes Their attitudes toward risk and inte


Taxation of Association of Persons


The income tax Act prescribes a specific mode for calculation of income and taxability in the case of Association of Persons Lets first discuss what is an Association of Persons An association of persons means an association in which two or more persons join in a common purpose or common action The


Emotional Transformation


One morning suddenly one thought came to my mind that why some people are happy with nothing and some are unhappy even if they have everything What is the cause of unhappiness What is Fear How to live a better life Why people are going into depression Questions like WHY WHAT HOW Clustered around me


Video-conferencing - A recognised merger of Information Technology Act


Introduction 1 With the lapse of time information technology continues to impact on day to day activities whether it is banking communication etc Thus it is impracticable for corporate world to remain untouched by it With rapid change in business environment it has become absolutely necessary for co


CARO 2015 Reporting and Format


Reporting Under CARO 2015 The Ministry of Corporate Affairs on 10th April 2015 notified theCompanies Auditors Report Order 2015 CARO 2015 APPLICABILITY It shall apply to every company including a foreign company as defined in clause 42 of section 2 of the Companies Act 2013 18 of 2013 hereinafter re


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Updated on : 8/6/2016 12:34:13 PM


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