AIR by State Electricity agency , CBEC procedure
F.No. 221/01-2016-CX.6 Dated 06-06-2016 Instructions on Information returns to be furnished under Notification No. 4/2016-ST dated 15.02.2016
F.No. 221/01-2016-CX.6 Dated 06-06-2016 Instructions on Information returns to be furnished under Notification No. 4/2016-ST dated 15.02.2016
whether the consideration paid by flat buyers to a builder/promoter/developer for acquiring a flat in a complex, which under construction/development, could be subjected to levy of service tax. ? According to the Petitioner : The agreements entered into by them with the builder are for purchase of immovable property and the Parliament does not have… Read More »
Held The Institute as such merely it is receiving coaching fee from students for imparting education, cannot be said to have been carrying on business and accordingly it is not required to maintain separate books of accounts as alleged by DIT(E). The income of the coaching classes earned by the assessee institute is within its… Read More »
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NOTIFICATION New Delhi, the 02nd June, 2016 S.O. 1949(E)- In exercise of the powers conferred by section 295 read with subsection (2) of section 14A of… Read More »
Tax on maturity of Insurance Policy When the sum received on maturity of Insurance Policy is Taxable Tax on maturity of Insurance Policy has to be paid on case of :- (a) receipt of any payment under a keyman insurance policy; (b) receipt of any payment under section 80DD(3) Note : Section 80DD(3 ) is If the dependant, being a person… Read More »
Indemnity Bond format (to be typed on non-judicial Stamp Paper of Rs. 100): INDEMNITY BOND This Bond of indemnity is made this . . . . . . . . . . . (Date of indemnity Bond) in favour of Government of India (Department of Finance) i.e. Income Tax Department by Mr./Mrs/Ms. . . .… Read More »
Rectification Rights Transferred to AST Rectification Rights Transferred to AST -Meaning Check Amazon Today Best Deals and Offers for Saving Q: I have filled a rectification request of Income tax Return to CPC for allowing deduction for one of my client, now the status says: ‘ Rectification Rights Transferred to AST ‘. So what does… Read More »
Rectification requests of Income tax Return under Income Tax Act Rectification requests procedure PRESS RELEASE, DATED 1-4-2016 Income-tax Act provides the taxpayer with an option to seek rectification of mistakes apparent from record under section 154 of the Act. The e-filing portal of the Income Tax Department provides the utility for online filing and tracking… Read More »