Daily Archives: June 11, 2016

Procedure for Haryana Amnesty Scheme 2016

By | June 11, 2016

Procedure for Haryana Amnesty Scheme, 2016 Effective Date: 27th May, 2016 The Haryana Amnesty Scheme, 2016 is an arrangement for dealers affected during the reservation agitation in the month of February, 2016 to provide relief in respect of tax, interest, penalty or other dues payable for the period from the 01.01.2016 to 31.03.2016. Following are… Read More »

HVAT : Registration fees increased to Rs 500

By | June 11, 2016

Amendments in Rule 11, 13 & 14 of Haryana Value Added Tax 2003 Effective Date: 25th May, 2016 Following amendments have been made vide Notification No. 15/ST-1/H.A. 6/2003/S.60/2016 dated 25th May, 2016 in Haryana Value Added Tax Rules, 2003: Rule 11 (Procedure for Registration) A proof of deposit of Rs. 500 to the appropriate Government… Read More »

RVAT : Form EL-1 for E Commerce

By | June 11, 2016

Only Form EL-1 to be filed within 15 days from the end of the relevant month Effective Date: 31st May, 2016 The Rajasthan Government has specified that the following persons effecting transactions within the State of Rajasthan through electronic media, shall furnish the information for every month or part thereof in Form EL-1 (earlier it… Read More »

No rejection of registration application u/s 12AA because ITR not filed

By | June 11, 2016

 Shri Shirdi Sai Darbar Charitable Trust (Dharamshala) Vs. CIT(Exemptions), I.T.A. No. 692/CHD/2015, Date of Pronouncement: 08.06.2016, ITAT – Chandigarh Issue: Whether CIT (Exemptions) can reject the application for registration u/s 12AA of the Income Tax Act,1961 on the grounds that the assessee has not filed any ITR and the clause of memorandum provide absolute powers… Read More »

Service Tax Interest Rates w.e.f 14.05.2016 (India)

By | June 11, 2016

Service Tax Interest Rates w.e.f 14.05.2016 Analysis of Service Tax Interest Rates w.e.f 14.05.2016 Service Tax Interest Rates  w.e.f 14.05.2016 in case of Collection of any amount as service tax but failing to pay the amount so collected to the credit of the Central Government on or before the date on which such payment becomes due : Simple Interest… Read More »

Section 80EE of Income Tax Act : Deduction of House Loan Interest

By | June 11, 2016

Section 80EE of Income Tax Act Summary of Section 80EE of Income Tax Act  Section – 38 of  Finance Acts – 2016 Substituted new section for section 80EE of Income Tax Act Section 80EE of Income Tax Act 38. For section 80EE of the Income-tax Act, the following section shall be substituted with effect from the 1st… Read More »

Airlines to Pay 200% to 400% in case of flight delays/ cancellation

By | June 11, 2016

Ministry of Civil Aviation Announces Proposed Passenger Centric Amendments The Minister for Civil Aviation Shri  Ashok Gajapathi Raju said that his Ministry was committed not only to the growth of the Airline industry  but also to ensure that flying for most Indians becomes a pleasant experience.  In keeping with this commitment he along with MOS… Read More »