section 40b of income tax act


Draft GST law released by Ministry of Finance

GOODS AND SERVICES TAX ACT 2016 CHAPTER I PRELIMINARY 1 Short title extent and commencement 2 Definitions 3 Meaning and scope of supply CHAPTER II ADMINISTRATION 4 Classes of officers under the Centra

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Annual conference of CBDT and CBEC on 16th June

Prime Minister to inaugurate the two day Annual Conference of CBDT CBEC entitled Annual Conference of Tax Administrators 2016 on 16thJune 2016 in the national capital PM to motivate the revenue office

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Simplification of procedure for Form 15G and 15H

F No DGIT S CPC TDS DCIT 15GH 2016 174539 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income tax Systems New Delhi Notification No 1 2016 Dated 09th June 2016

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Notification issued to exempt the legal services provided by senior advocates

Seeks to amend notification No 25 2012 Service Tax dated the 20th June 2012 so as to exempt the legal services provided by senior advocates to a business entity with a turnover up to rupees ten lakh i

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ICAI - President's Message - June 2016

Dear Professional Colleagues All of us have our share of hopes and expectations present and future While certain part of those may appear logical and is likely to come true the remaining we ourselves

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Experts Opinions

Amendment in section 206c

With new amendment subsection 1D whether Tcs is applicable if Buyer uses goods for self consumption

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Service tax no.

Hii In Service Tax no is taken up on the proprietor name not in the firm or company so it is allowed or not

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Income from house property

In case of a pvt trust income from HP is taxable after deducting its charitable activities or should the whole amt of HP is taxable please guide me on this thank you

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Procedure for dormant company to active status

Kindly provide me the documents for the conversion of Dormant Company to Active Company under Companies Act 2013

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Accounting of advance tax and income tax


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Tds filed under wrong section

I have selected section 194A instead of 194C while filing TDS return Now I want to correct this Can this be corrected from TRACES website If not then which procedure is required

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Why leave salary at the time of retirement is taxable ?

To Sri Narendra Mody Prime Minister of India May it please your Excellency I would like to draw your kind attention to the following fact for devising a redressal As per service rules of different Gov

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Advance tax

i have to do advance tax working but confused in one part i e purchases purchases have to be taken upon COGS basis is my this view is correct or not ans secondly as i have to project my yearly sales a

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Stock working in advance tax calculation

while calculating advance tax of private limited how we handle with stock should we take previous year actual figures or what for statutory audit and also guide about freight import working for advanc

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Depreciation on software under companies act, 2013

Hi I want to charge Depreciation on Software for the F Y 15 16 But I ve read that if it is an application software it is to be treated as a Revenue Expense and if it forms a part of Hardware it is tre

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File Download

  • NCLT and NCLAT under Sections 408 and 410 respectively of the Companies Act, 2013

    The National Company Law Tribunal and National Company Law Appellate Tribunal under Sections 408 and 410 respectively of the Companies Act 2013


  • Form 15G- Efiling utility

    You can fill all Basic Details and income details in respective excel files and export it to efiling utility and generate xml file for efiling at Income Tax efiling portal If any assistance please contact Sabu v Joseph Ph 934997685 email sabuvjosephpkd gmail com


  • Pan card form

    income tax


  • Negative List of Services and Codes for Deposit of Tax



  • FAQ's on Service Tax



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E-commerce Service providers Compliance requirements under Goods and Service Tax

As per subsection 4 of Section 3 of Draft GST Act the Supply of any branded servicesby an aggregator under a brand name or trade name owned by him shall be deemed to be his own supplies and shall be r

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Professional Tax Enrolment Amnesty Scheme 2016 - Salient Features

The Government observed that many persons firms companies societies institutions etc have not obtained enrolment certificate and are not paying profession tax The Act provides for levy of penalty on s

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Income tax return forms

Various queries arises during filing of Income tax return such as Which form is to be used for me for filing my income tax return for better clarification of doubt on such issue here I am listing out

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Now everyone has to pay 1st installment of advance tax before 15th June!

Arjuna Fictional Character Krishna It is said that from now onwards everyone will have to pay 1stinstallment of advance Income tax before 15thJune To whom how and when will this advance tax provision

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Service Tax on Government Services under Reverse Charge Mechanism (RCM)

Background The chargeability of service tax on the services provided by the Government is as per the negative list under Section 66D which is reproduced as below Services by Government or a local auth

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Updated on : 6/15/2016 6:41:11 PM

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