vat audit applicability

News

CBDT extends date for Linking of Aadhaar with PAN to 31st December


CBDT extends date for a Linking of Aadhaar with PAN and b Due date for filing Income Tax Returns and Tax Audit Reports To facilitate ease of compliance by the taxpayers CBDT has extended the date in the following cases i Aadhaar was to be linked with PAN by 31stAugust 2017 The date for linking Aadha

Audit due date extended to 31st October 2017


F No 225 270 2017 ITA II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block ITA II Division New Delhi dated the 31st of August 2017 Order under Section 119 of the Income tax Act 1961 Act The Goods and Services Tax GST has come into effect on 01 07

FM writes to state to reduce burden of VAT on petroleum products


Finance Minister Sh Arun Jaitley writes to State Chief Ministers to reduce burden of Value Added Tax on Petroleum Products used for manufacturing The Union Minister of Finance Defence and Corporate Affairs Shri Arun Jaitley has written to State Chief Ministers urging the States to reduce burden of V

Post GST reduction of incidence of Tax on Coal Consumers


In pre GST regime there was Excise Duty on Coal 6 Stowing Excise Duty Rs 10 per tonne of coal production VAT 5 on intra state sale Central Sales Tax 2 on inter state sale on submission of Form C Post implementation of GST all the above mentioned taxes and levies have been subsumed and GST 5 is being

GST applicability in CS Exams


Applicability of GST in December 2017 Examination Executive Programme Dear Students We are pleased to inform you about the introduction of Goods Services Tax GST in the Taxation Curriculum of CS Executive Programme under Tax Law and Practice Paper Module 1 Paper 4 for December 2017 Examination GST h

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Experts Opinions

N.c.c.d applicability on items.


Respected Sir Would like to know that National Calamity and Contigency Duty is applicable to following items 1 Three wheeled Motor vehicle for Transport of Goods 87043120 2 Others Unmanufactured Tobaco without lime 24011090 Thanking you in Anticipation With Regards

Form 12a sales as per vat act. gst impact


Dear Sir As per VAT act export sales against form 12A chargeable vat is nil GST is chargeable or not please clarify me

Vat return for petrol filing station


Good Morning Sir Madam one of our client maintaining petrol pump filing station petrol and diesel comes under special rates i e 27 and 35 2 we need to file vat returns for the month of april may and june 2017 for special rates no input tax credit is available as per my knowledge so they have purchas

Tax audit 8% issue


Dear Experts I have heard that from FY 2016 17 if Net profit is below 8 than audit will not be applicable Respectively From FY 2016 17 this 8 below NP will not matter in respect of tax audit even though the turnover is below 1 crore Is it true Thanks In Advance Rajeev chauhan

Applicability of tax audit


Dear Experts In FY 2016 17 our turnover is below 1 crore also Net profit is below 8 pls clarify in this scenario whether tax audit will be applicable or not considering the proprietary concern Thanks Mukesh kumar

Discussion

GST applicability on second hand car

A person registered under GST is purchasing a second Car from a unregistered person for his own use Should he be liable to pay GST under reverse charge

Difference between Vat or GST

Kindly tell me difference between GST VS VATDURING VAT 40 DISCOUNT MEAN 40 BUT IN GST ITS NOT 40 ITS Not a cheating with customers

Auditindg

please provide a short notes for exam preparation

Composition gst applicability

Adealer has done business for less than 15 lakhs during FY 2016 17 and for period April 2017 to July 2017 has raised interstate bills and service bills for value 4 lakhs during the 4 month period in total He has opted for Composition scheme under GST and has decided to do only Local business in Good

Applicability of PF,ESI,BONUS ACT

please tell me applicability of PF ESI BONUS while conducting an audit how can i check that these laws r applicable or not

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File Download

  • Form 3CD applicable for A.Y. 2017-18 [Considering ICDS disclosures and amended clause 13 and 31]

    Dear All Greetings Are you worried about the recent changes in Tax Audit Report and disclosure requirements as per ICDS for Assessment Year 2017 18 in Form 3CD No problem I ve put together in this attached excel sheet all 41 clauses along with necessary enclosure of Form 3CD after considering 1 the amended clause 13 and clause 31 2 ICDS Disclosure 3 ICDS adjustments required for computation of income The attached Form 3CD is just a proforma you have to make suitable modification as required based on your client and information at hand I hope you find it useful If you have any questions or concerns don t hesitate to let me know and I look forward to hearing from you Integrity is doing the right thing even when no one is watching Best Wishes Regards SHREYANSE JAIN Malleshwaram Bengaluru 91 8296792059
  • DVAT ward details for GST registration purpose

    Users can use this file for GST registration in Delhi It covers to all major areas of Delhi with DVAT ward number
  • Insolvency and Bankruptcy Code, 2016-A Section wise Overview

    The IBC 2016 comprises total 255 sections classified into five parts and eleven schedules Part I of the Code provides preliminary providing short title scope and commencement of the Code applicability and definitions Part II of the Code provides insolvency and liquidation procedure for Corporate Persons However Part III of the Code provides insolvency and liquidation procedure for individual and partnership firms Part IV provides provisions for Insolvency Professionals agencies and Information Utilities and Part V are miscellaneous provisions Furthermore schedules of the code provides amendments in eleven Acts pertaining to the insolvency procedures
  • Refund in GST -Applicability and Procedure

    Refund in GST Applicability and Procedure
  • Audit Under CIS Environment (CA Final Audit)

    The notes are for CA Final students Please read and provide feedback at akhil dcacademy gmail com and visit www dcacademy co in

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Articles

Striking difference between private and public company.


Difference between Private Company and Public Company in terms of Compliance under the Companies Act 2013 Many times people ask which form of Company i e private public is better to do business in terms of compliance related aspects under Companies Act 2013 From the day the Companies Act 2013 has be


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


What would work best for you? LLP or Private Limited Company


Every kind of organisation is paired with advantages and disadvantages which build the ground to select a suitable and compatible organisation structure for business specific requirements On one side start ups end up by choosing to Register Private Limited Company Pvt Ltd as their constitution where


Cost records and Cost audit under companies act, 2013


The Cost Audit represents the verification of cost accounts and a check on the adherence of Cost Accounting Standards The Companies Act 2013 empowers the Central Government CG to make rules in the areas of maintenance of cost records by the companies engaged in specified industries manufacturing of


Tax Audit (Sec 44AB) limit for Business is 1 Crore or 2 Crore?


What is Audit Audit means an inspection of books of accounts by some officials or some specified persons for the purpose of establishing the fact that the accounting records present a true and fair view Types of Audit There are two types of audit namely Statutory audit and Tax audit What is Statutor


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Updated on : 9/10/2017 9:50:20 AM



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