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CARO 2015 & CARO 2003 - Comparision
Brief Comparison between CARO, 2003 & CARO, 2015 PARTICULARS CARO, 2015 CARO, 2003 REMARKS Effective ...

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Declared Services for the purpose of Levy of Service Tax
Service Tax is levied in India on almost all types of Services (except the Negative List of Services). However, there are certain activities which are...

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Provisions of Section 139(3) in case of Loss
The provisions of filing of income tax returns in case of Loss are governed by Section 139(3) of the Income Tax Act which states that in case a taxpay...

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Capital Gain Bonds by NHAI & REC
The Gains that arise on the sale of a Long Term Capital Asset are known as Long Term Capital Gains and Capital Gains Tax is levied on such gains. Howe...

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Service Tax Due Date
Due date for Payment of Service Tax & Interest on late Payment of Service Tax;   As per Rule 6 of the Service Tax Rules 1994, the due date ...

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Extension of Due date to 30th Nov. 2014 in Specified Cases
                                          &nb...

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Partnership v/s LLP v/s Private Co.
Broader View Features Sole Propietorsship Business General partnership LLP (Limited liability partnership) Private limi...

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Capital gains under Income Tax Act 1961
Any Income derived from a Capital asset movable or immovable is taxable under the head Capital Gains under Income Tax Act 1961. The Capital ...

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Capital Gains on Income From Sale of Agricultural Land
Sections relevant to the sale of lands Section 2(14)                    Definition of Capital A...

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RELATIVES ( For Exemption under GIFT)
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CREATION HUF (HINDU UNDIVIDED FAMILY)
CREATION OF HUF We might wonder that how a HUF is created. This very question arises in the mind of many. We have taken some effort to guide iin cr...

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Service Tax Registration Process
Documents required for Centralised service tax Registration    1) Form ST-1.    2) Copy of PAN card of firm    3) ...

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TRUST - Formation Process
Non-Government Organizations (NGOs), Not for Profit Organizations (NPOs) etc. are getting popular day by day. When everyone is interested in knowing a...

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TDS Rates Chart for F.Y. 2014-15 A.Y. 2015-16
TDS Rates Chart for F.Y. 2014-15 A.Y. 2015-16   Rates of TDS for F.Y. 2014-2015 or A.Y. 2015-16 are given below. TDS is to be deducted on ...

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Depreciation under The Companies Act, 2013
 Depreciation under the Companies Act, 2013;   I. Introduction: Companies Act, 2013 has brought a lot of challenges for a...

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Service Tax at a Glance
(A) Rates of Service Tax: Period Rate of Tax Remarks 01-07-1994 to 13-05-2003 5% - 14-05-2003 t...

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Service Tax- Point of Taxation for Works Contract
SERVICE TAX ON  WORKS CONTRACT AND REVERSE CHARGE. Works Contract w e f 01.07.2012     Works Contract has been defined ...

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Service Tax - Reverse Charge Mechanism & Table of Rates
Reverse Charge Mechanism and Abatement Rate Chart under Service tax We know that the rate of abatement and applicability of RCM (Reverse ...

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Service Tax - Circular
Clarification regarding issue of Discharge Certificate under VCES and availment of CENVAT credit - regarding Trade and Industry has sought cla...

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TDS on Salary u/s 192
TDS on Salary u/s 192 Any person responsible for paying income chargeable in the hands of recipient as ‘Salaries’ shall make TDS u...

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News & Events
19/07/2017
Cabinet approves Integrated Goods and Services Tax (Amendment) Bill, 2017
Cabinet approves Central Goods and Services Tax (Amendment) Bill, 2017
GST win-win deal for all - Finance Minister
18/07/2017
Pass Percentage & Toppers of CA CPT June 2017 Exam
Pass Percentage & Toppers of CA Final May 17 Exams
Good Luck - CA Final, ISA & CPT Exams Result expected today at 2 pm
Supreme Court to hear out RBI objection to information under RTI
GST - Increase in the Compensation Cess rate on cigarettes
17/07/2017
GST - Growing Stronger Together
Income Tax dept transfers 245 commissioners for non performance
GST Council meet today to take stock of implementation
Jan Dhan deposits surge to Rs 64,564 crore
16/07/2017
Cost Accountants give undertaking to HC on use of ICAI acronym
Govt asks businesses to register under GST by July 30
Businesses can upload sale, purchase invoices on GSTN portal from July 24
15/07/2017
No action against lawyers, law firms for GST non-compliance - Delhi HC
Taxpayers have to opt for GST composition scheme by July 21
Notification/Circulars
20/07/2017
CBDT Amends Form No. 3CEFA related to Application for Opting for Safe Harbour
19/07/2017
CBDT Clarifies, No TDS on GST paid or payable on services when GST is separately shown in invoice
18/07/2017
Auction for Sale (Re-issue) of 6.57% Government Stock 2033
Auction for Sale (Re-issue) of 6.79% Government Stock 2029
Auction for Sale (Re-issue) of 6.84 per cent Government Stock 2022
Auction of Government of India Dated Securities
17/07/2017
Advisory to trade for issues related to GST Migration and New Registrations
14/07/2017
Recording of Details of Transactions in Passbook/Statement of Account by Co-operative Banks
Revision in funding limits, Audio-visual content and provision of hand held projectors
Interest rates for Small Savings Schemes
Investment in plant and machinery for the purpose of classification as Micro, Small and Medium Enterprises – documents to be relied upon
Audit Committee of the Board of Directors – Nomination of Non-Executive Chairman
CBDT releases rules to determine of Fair Market Value of unquoted shares
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