section 40b of income tax act

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Draft Guiding Principles for Determination of Place of Effective Management (Poem) of a Company Formulated


The Finance Act 2015 has amended with effect from 01 04 2016 the provisions of Income tax Act relating to determination of residence of a company In accordance with the amended provisions a company wo

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Main reasons for rejection of service tax return


This is to inform you that some returns got rejected after uploading of the XML file for the ST3 return period 2015 2016 Apr Sep mainly due to the following reasons 1 Incorrect selection of return typ

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Now quote PAN if cash payment is made above 2 lac


The Government is committed to curbing the circulation of black money and widening of tax base To collect information of certain types of transactions from third parties in a non intrusive manner the

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Last date for advance tax payment postponed in flood effected stated


Last Date for December 2015 installment of Advance Tax for taxpayers in Tamil Nadu and Puducherry extended till 31st December 2015 The last date of payment of December 2015 installment of Advance Tax

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Significant decisions taken in last few months by CBDT for improving taxpayer services


CBDT takes various significant decisions in last three months for providing better taxpayer services improving ease of doing business and reducing the burden of compliance on the tax payer The Central

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Experts Opinions

87a to be applied on lottery income?


Should rebate under section 87A should be allowed to a individual who has only lottery income of 400000 in the P Y 2015 16

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Advance tax


pl guide me for provision of Advance Tax under Income Tax Act 1961 and what is due date of deposit of advance tax

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Lesd income entered


Sir I efiled Itr 1 after due date but in gross income head in place of 535360 I have entered Rs 353000 How to rectify this problem

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How to save service tax


I m running a photo copy business my turnover is more than 10 lakhs hence I hv to pay service tax most of my profit is going in this tax I can collect it frm customer as it is unorganized sector n com

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Is tax consultancy a good profile to move in


I ve 3 years of industry experience in ERP as finance consultant and 1 yr CA firm experience in DT I ve handle various assignments of indirect tax planning in ERP at big clients I m confused whether t

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Discussion

Tax on tax

Hi I have following issue My client x service provider My client s x client y manufacturer Y s client z manufacturer Here x provides engineering service it inspects finished goods of y which are to be

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Service tax on reimbursement of expenses

Hello All I read amendment of Budget 2015 in definition of consideration under service tax which says consideration includes ii any reimbursable expenditure or cost incurred by the service provider an

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Service tax on reimbursement of expenses

Hello All I read amendment of Budget 2015 in definition of consideration under service tax which says consideration includes ii any reimbursable expenditure or cost incurred by the service provider an

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Service tax inclusive or exclucive

Sir If i receive commission on IPO for which i can t issue any Invoice then how can calculate service tax on it is it inclusive or exclusive for example if i receive commission of Rs 9553 74 and TDS o

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Interest on interest payable on service tax?

I would like to know whether Interest will be charged on Interest already payable on Service Tax Liability I have paid only Liability but Interest Payment is still pending if I get a notice for paymen

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File Download

  • GST- A Revolution in Indirect Tax Law

    GST A Revolution in Indirect Tax Law

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  • Income Tax Slab for FY 2015-16 AY 2016-17

    Income Tax Slab for FY 2015 16 AY 2016 17

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  • Cheque Printing Utility

    We can use this utility for Printing cheque instead of Manual writings Hence we can save time avoid errors and usage of improper names etc Use CANON LBP2900B printer only for better and accurate printing Please go through the HELP topic for details This is very simple to use For any assistance query please contact Sabu v Joseph Ph 9349973685 Email sabuvjosephpkd gmail com

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  • NEFT / RTGS Form - Union Bank of India

    This Automated NEFT RTGS form of Union Bank of India Once you updated the details of Remitter Beneficiary everything will load automatically So you can prepare a Form with in seconds Please enable macros for proper working of this utility For any assistance query please contact Sabu v Joseph Ph 9349973685 email sabuvjosephpkd gmail com

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  • PPT on GST Registration

    This PPT is based on the report of the joint committee on business process on GST In case of any suggestions or query please feel free to contact

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Articles

Place of Effective Management - a New concept of determining Tax residency


Place of Effective Management a New concept of determining Tax residency Introduction As per OECD model Convention For the purposes of this Convention the term resident of a Contracting State means an


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GST- A Revolution in Indirect Tax Law


Good and Services Tax is the most logical steps towards the comprehensive indirect tax reform in India since independence Goods and Services Tax is to be implemented shortly by the Government of India


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Learn Section 139(1) with Santa Clause


CA Student Hi Santa how are things Got a minute Ive got my list here and Id like to go over it with you if you dont mind Santa Clause Well I am busy And besides have you been good this year CA Student


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Service Tax on Hotel Industry


Charges and taxes levied on the foods served in the Restaurant Service Charges This is the charges levied by the restaurant as the payment for the services rendered like serving the foods etc This cha


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POEM - Redefining taxation of foreign arms managed from India


POEM is the buzzword of corporates having subsidiaries outside India and foreign firms outsourcing high end critical functons to India This concept is introduced to tax in India income which has been


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Updated on : 12/29/2015 1:06:11 AM



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