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CBDT clarifies on taxpayers response to IDS 2016


Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi 15th September 2016 Sub CBDT clarifies unconfirmed reports on IDS 2016 Certain sections of the press have been speculating on the taxpayer response to the currently on going Income Disclosure Scheme

Govt reiterates information shared under IDS will not be shared with any authority


Government reiterates that information contained in a valid declaration under the Income Declaration Scheme 2016 is confidential and shall not be shared with any authority The Income Declaration Scheme 2016 the Scheme provides an opportunity to persons who have not paid full taxes in the past to com

Further instruction regarding Income Declaration Scheme


Instruction No 8 of 2016 F No 142 8 2016 TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi the 15th September 2016 To All The Principal Chief Commissioners of Income tax Sub The Income Declaration Scheme 2016 reg The Income Declaration Scheme 2

Authorization of Practising CS for conducting Third Party Certification Audits


THE INSTITUTE OF CompanySecretariesof India IN PURSUIT OF PROFESSIONAL EXCELLENCE Statutorybodyunder an Act of Parliament PDPPS LL 2016 37 Dated September 09 2016 Dear Professional Colleagues Sub Authorization of Practising Company Secretaries for Conducting Third Party Certification Audits As you a

MEF online submission date extended to 20th September


Extension of Multipurpose Empanelment Form for the year 2016 17 Last date of online filing of MEF 2016 17 is extended from 10th September 2016 to 20th September 2016 atwww meficai organd the last date of submission of duly signed declaration has been extended from 20th September 2016 to 30th Septemb

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Experts Opinions

Non submission of return acknowledgement


I have filed my income tax return for A Y 2015 16 belatedly i e on 21 10 2015 and i forgot to send Acknowledgement to CPC Bangaluru Extended time limit which was notified by CBDT i e 31 08 2016 is also expired What should i do know

Same premises for taxable & non-taxable services-restaurant


Dear Professional I am operating a restaurant which has air conditioned room and registered in service tax But 75 of my turnover consist of take away parcels from a counter located out side the restaurant The sales are chiefly in cash and it is difficult to prove to the service tax department for ta

Registration of same premises for dealer, importer & manufac


Dear Professional I am having Dealer and importer registration under excise Now in the same premises I am entering into activity of repacking and labeling which amounts to manufacturing and I applied for Manufacturer registration The officer is denying that the same premises can not be registered Is

Rbi prescribed format for nbfc for giving finance


Dear All Can you please share the format prescribed by the Reserve Bank of India for Non Banking Financial Institutions before they provide finance Basically the CMA Report that needs to be followed by them

Producers company audit report format under companies act


CAN ANYONE PROVIDE BE AUDIT REPORT FORMAT OF PRODUCERS COMPANY UNDER COMPANIES ACT

Discussion

Admission commission received from deemed university

Dear Experts Please guide me on following issue We have received Admission Commission from deemed university for students taking admission to university through our university authorized Information Center We are liable to pay service tax on commission recd after deducting TDS by university or not W

Rbi format for nbfc

Dear All Please share the cma format prescribed by the reserve bank of india for nbfc

Itr/ tax audit report filling

New Change Amendment Tips of Tax Audit Report filling AY 2016 17

Mistake in mentioning pan number in one digit for adv tax

aDVANCE TAX PAID MENTIONED 5 INSTEAD OF S IN pAN NUMBER INFORMED INCOME TAX MISTAKE 6 MONTHS BEFORE FILING RETURN TO READ CORRECT PAN NO IN ADVANCE TAX CHALAN ALSO MENTIONED IN INCOME TAX RETURN FILED PHYSICALLY INSPITE THE INCOME TAX ISSUED UNDER 143 1 TO PAY THE ADVANCE TAX AMOUNT FOR WHICH I HAD

Format of power of attorney

Power of Attorney Special Power of Attorney by Company To Sign and Execute Lease Deed Agreement Special Power of Attorney by MD WTD To Obtain Drug License and Trade License Special Power of Attorney by MD WTD in favour of Company Secretary for Statutory Matters Special Power of Attorney for Custom a

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Small mistakes that a student makes during exam preparation


Hi friends Have you ever noticed that sometimes even after you prepare well for the exams you are unable to answer your question paper exactly the way you want to Yes you must have faced this situation Here I am mentioning some of the reasons 1 Focusing only on big chapters Most of the students from


4 Psychological mistakes to avoid while preparing for Income Tax!


Introduction Love it or hate it but you cannot ignore it Income tax is easy if you understood it well otherwise it is the most complex subject you will ever see Once the great scientist Albert Einstein said the hardest thing in the world to understand is the income tax But you have all the resources


Extracting data in Microsoft Excel - Advance Filter


Before starting this article I thank to all members of CAclubindia for appreciating my articles on Advance Excel This article is in continuation with my Advance Excel tips and inspired by one of my friend facing problems in extracting relevant data in Microsoft Excel from Huge Raw Data dumped from E


7 Misconceptions about Mutual Fund SIP


Systematic Investment Plan or Mutual Fund SIP is fast becoming a common term in the investment market But a lot of people are still uncertain some are cynical of the new thing in the market while most are just confused With so many misconceptions on what Mutual Fund SIP is about how and who can use


4 amazing tax planning you can't afford to miss!


Introduction Who said we can have part II only in movies Here we come with another set of 4 tax planning that you cant afford to miss After the great response on our first part of 4 amazing tax plannings we thought of continuing the good work and write even some more great tax plannings so that we c


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Updated on : 9/24/2016 2:36:13 PM


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