Daily Archives: March 9, 2017

Govt Withdraws Service Tax Exemption on Services to Educational Institutions w.e.f 01.04.2017

By | March 9, 2017

Govt. withdraws service-tax exemption on Services to Provided to Educational Institutions Summary : Now pay service tax on Services Provided to  educational institution w.e.f 01.04.2017 (other than pre-school education and education up to higher secondary school or equivalent;”.) As per Notification No No.25/2012- Service Tax, Govt has given the following exemption from Service tax to Educational Institutions :-… Read More »

Empanlement of CA Firms for FY 2016-17 Audit of State Health Society Bihar

By | March 9, 2017

Health & Family Welfare Department State Health Society, Bihar Last Date : Mar 24, 2017 HIRING SERVICES OF CHARTERED ACCOUNTANT FIRM FOR STATUTORY AUDIT OF STATE HEALTH SOCIETY (SHS) & DISTRICT HEALTH SOCIETY (DHS) – (FOR THE FINANCIAL YEAR 2016-17) under National Health Mission (NHM) Address: Conference Hall, State Health Society, Bihar, Pariwar Kalyan Bhawan,… Read More »

Who Can Access to Business Premises Under GST ?

By | March 9, 2017

Access to Business Premises Commentary : Comptroller and Auditor General of India powers to access business premises has been removed under Revised Model GST Law ( Nov 2016 ] . It was provided under the old Model GST Law { June 2016] Access to Business Premises – Section 83 of Revised Model GST Law, [ Nov… Read More »

Can GST officer suo-moto register any person under GST

By | March 9, 2017

Can department suo-moto register any person under GST? If yes, under what circumstances. Answer: Yes, if during the course of any search, survey, inspection, enquiry or any other proceedings under the Act, the proper officer finds that the person liable for registration has not registered himself. He would, using the powers granted under Section 23(6) of… Read More »

File Prosecution Complaints and disposal of Compounding Application – CBDT

By | March 9, 2017

GOVERNMENT OF INDIA Ministry of Finance/Department of Revenue Central Board of Direct Taxes North Block, New Delhi-110001 E-mail : chairmancbdt@nic.in Tele : 23092648 & Telefax : 23092544 F.No. 285/23/2013-IT(Inv.V)/595 Dated: 07.03.2017 Dear Principal Chief Commissioner of Income Tax, Sub: Filing of Prosecution Complaints and disposal of Compounding Application in your region-reg; From the figure of… Read More »

Reduce holding period of new asset purchased u/s 54/54B/54D & 54F to 2 years – Budget 2017-18 Suggestions

By | March 9, 2017

 Holding period of new asset purchased  Suggestion on Clause 3 of Finance Bill 2017 – Section 2(42A) – Reduction in holding period in case of immovable property, being land or building or both, to qualify as long term capital asset – Consequential amendments to be made in sections 54, 54B, 54D and 54F The Finance… Read More »

USA -Tax Time Guide -Appointment before Visiting IRS Taxpayer Assistance Center

By | March 9, 2017

Tax Time Guide : Save Time, Make an Appointment before Visiting an IRS Taxpayer Assistance Center WASHINGTON – The Internal Revenue Service today reminded taxpayers that service at all of its Taxpayer Assistance Centers is now by appointment. Appointment service saves taxpayers time by ensuring they get the help they need without having to wait… Read More »

USA -IRS Tax Tips – Medical & Dental Expenses May Impact Your Taxes

By | March 9, 2017

Medical and Dental Expenses May Impact Your Taxes  Medical expenses can trim taxes. Keeping good records and knowing what to deduct make all the difference. Here are some tips to help taxpayers know what qualifies as medical and dental expenses: Itemize. Taxpayers can only claim medical expenses that they paid for in 2016 if they… Read More »

GFR 2017- General Financial Rules 2017 – Download /Print

By | March 9, 2017

General Financial Rules 2017 (GFR 2017) GFR 2017 has been released by Govt of India to be followed by all while dealing with matters involving public finances . Detailed GFR 2017 are follow :- Government of India , Ministry of Finance, Department of Expenditure P R E F A C E 1. General Financial Rules (GFRs)… Read More »

Handbook on Offences and Punishments -by M A Rashid -2017 Edition

By | March 9, 2017

Handbook on Offences and Punishments by M A Rashid Handbook on Offences and Punishments is a unique work that makes available all the important details relating to offences defined in over 2000 penal provisions from over 100 Central Acts in a ready reckoner form. Designed as a practical solution, the book provides in a tabular format… Read More »

Commentary on Consumer Protection Act – 2017 Edition Book by J N Barowalia -6th Edition

By | March 9, 2017

Commentary on the Consumer Protection Act by J N Barowalia The Consumer Protection Act was amended in the year 1991, 1993 and 2002 respectively to make it more effective and purposeful. The importance of the Consumer Protection Act lies in its solemn objective of promoting the welfare of the society by enabling the Consumer to participate… Read More »