indemnity bond format income tax refund

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Seventh amendment to the CGST Rules, 2017


TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART II SECTION 3 SUB SECTION i Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No 34 2017 Central Tax New Delhi the 15th September 2017 G S R E In exercise of the powers conferred by

MOU between MCA and CBDT for automatic exchange of information


MOU between the Ministry of Corporate Affairs and Central Board of Direct Taxes CBDT for Automatic and Regular Exchange of Information Taking forward the initiative launched by the Government of India to curb the menace of shell companies money laundering and black money in the country and prevent m

CBDT asked to include service charge while assessing tax


CBDT has been asked to consider inclusion of Service Charge while assessing tax Shri Ram Vilas Paswan Shri Ram Vilas Paswan Union Minister for Consumer Affairs Food Public Distribution told that in order to check the levying of Service Charge compulsorily CBDT has been asked to consider inclusion of

FAQ and MCQ on GST by ICAI


Levy and Collection of Tax FAQs Scope of supply Section 7 Section 7 of the Central Goods and Services Tax Act 2017 the CGST Act 2017 or the CGST Act made applicable to IGST vide Section 20 of the Integrated Goods and Services Tax Act 2017 the IGST Act 2017 or the IGST Act and UTGST vide Section 21 o

Direct Tax Collections upto August grows by 17.5%


Direct Tax Collections up to August 2017 in the current Financial Year 2017 18 show Growth of 17 5 The Direct Tax collections up to August 2017 in the current Financial Year 2017 18 continue to register a steady growth Direct Tax collections net of refunds stands at Rs 2 24 lakh crore which is17 5 h

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Experts Opinions

Indemnity bond


In indemnity bond for loss of share certificate two surity needs to sign I had one surety who earn 15000 p m and had filed ITR and no form 16 and another having C A firm receiving professional fees Can these be surety in indemnity bond

Tda Refund AY17-18


I filed the return ITR4 in july e verified but the refund was not credited yet

Deemed income and Income deemed to be received


can anyone please explain the meaning of Deemed income as well as Income deemed to be received

Input tax credit on fixed asset


we are a export unit purchase laptop can we take full credit on Laptop Fixed Asset I Please guide us Thanking You Regards Rajkumar Gutti

Income tax refund cheque with old name


Respected Expert Our company received Income Tax refund cheque pertaining to AY 2012 13 But our company had changed its name during FY 2013 14 and now we did not have any bank account with old name We initiated refund reissue request online but even after that income tax department issued refund che

Discussion

Interstate purchase of taxable goods from registered dealer without charging IGST.

I have made interstate purchase of silk Saree The supplier is registered under GST However he has not charged IGST Silk saree is subject to 5 GST Also RCM does not apply in case of interstate purchase What is my the tax implication

what is agricultural income?

is cattle rearing milk rearing agricultural income

Sec 32 ac(1a) of the income tax act

1 Query relating to 32 AC FY 2015 16 Asset Acquired Installed Rs 18 Crores Asset Acquired not Installed Rs 30 Crores FY 2016 17 Asset Acquired Installed Rs 40 Crores Asset Acquired in FY 2015 16 Installed Rs 30 Crores As per Sec 32AC 1A as amended deduction will be allowed on 70 Crores 40 30 in FY 2

refund from export

Hello all Will be filing GSTR 3B for exports first time Kindly help me where should I enter the IGST paid on purchase Also how and where will my refund be reflected Thnks

Taxation of Sec 8 company

Hello friends Can anyone throw light on How tax mechanism works for sec 8 companies with relevant section reference Will those be treated at par with other companies or treated as Trust My main concern is surplus in P l after Application of fund for charity and after setting aside to earmark activit

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Articles

Amendment & type of Tax payable in GTA Service


I Determination of type of tax payable where the service availed form GTA As we aware if the supplier of goods or services and place of supply of goods or services are located in same State then CGST and SGST of that State is payable However if the supplier and place of supply are located in differe


Eligibility of input tax credit with respect to Motor Vehicle


Section 17 of the Central Goods and Service Tax CGST Act deals with Apportionment of credit and blocked credits wherein Clause 5 of the said Section provides for restriction of credit It is pertinent to note that section 17 5 of the Act start with Notwithstanding anything contained in sub section 1


Tax audit not applicable for Turnover less than 1 crore


Section 44 of Income Tax Act 1961 essentially deals with sections related to audit presumptive taxation and special provisions related to computation of income for business purpose Till FY 2015 16 eligible assesses having turnover less than Rs 1cr and net profit less than 8 cannot were not allowed t


Real Estate Development Agreements, Share Valuation & Charitable Trusts : Recent Tax Amendments


1 Taxation of Capital Asset under Development Agreement with Builder 1 1 In recent past it has quite been a trend that individual plot house owners enter into some development agreement with builders whereby in a typical agreement the builder demolish the old house and constructs a new multistory bu


Vodafone deal: Tax dept. seeks over Rs. 32,000 crore from Hutchison


One of the most controversial economic issues in the last five years was the tax dispute between Vodafone and the tax department The case originated after the revenue s tax department notice to Vodafone that the company has to pay a capital gains tax of nearly Rs 11000 crores from its purchase of Hu


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Updated on : 9/19/2017 5:25:43 AM



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