TaxIndiaUpdates.In : GST, Service Tax, Income Tax, VAT, Tax Planning

Central Excise Law Books for Practice

July 22, 2016October 22, 2016 TaxIndiaUpdates In0 comments10740 views

Central Excise Law Books For Practice Central Excise Manual (Bare Act & Rules) by Taxmann Description As Amended by Finance Act 2016 Central Excise Act Rules Framed under Central Excise Act Prescribed Forms Compendium of Notifications Indirect Tax Dispute resolution Scheme 2016 View Offer Price … Continue Reading →

Service Tax

Service Tax Books for Professionals

July 22, 2016May 16, 2017 TaxIndiaUpdates In0 comments11957 views

Service Tax Books for Professionals Service Tax Ready Reckoner By V. S. Datey Publisher: Taxmann Publications Pvt. Ltd.; 29th Editon edition (2017) Language: English ISBN-10: 9350719177 ISBN-13: 978-9350719176 MRP: Rs.1550/- View Discounted Offer Price on this Book Service Tax Manual By Taxmann Product Description As … Continue Reading →

Income Tax

Direct Tax Law and Practice

July 22, 2016April 16, 2017 TaxIndiaUpdates In0 comments10774 views

Direct Tax Law and Practice All About Income Tax Act (A Desktop Application) As Amended by Finance Act 2017 All About Income-tax Act’ is a tool to perform 360 degree research on any section of the Act. It combines and classifies all related documents of a … Continue Reading →

Central Excise

Digitally Signed Invoices are to be Signed Manually on demand of Customer

July 19, 2016July 19, 2016 TaxIndiaUpdates In0 comments7546 views

Digitally Signed Invoices are to be Signed Manually on demand of Customer CBEC vide Circular No. 1038/26/2016-CX dated 19th July, 2016, clarified that a manufacturer or a service provider who opts to issue invoices authenticated by digital signature may print a copy of such … Continue Reading →

Central Excise

Common Registration and Return for First Stage Dealer and Importer

June 29, 2016June 29, 2016 TaxIndiaUpdates In0 comments5205 views

Common Registration and Return for First Stage Dealer and Importer CBEC Circular No. 1032/20/2016-CX dated June 28, 2016 Sub: Common registration and return for First Stage Dealer and Importer- reg. Attention is invited to Notifications No. 30/2016-C.E.NT dated 28th June, 2016 by which it has been provided … Continue Reading →

Income Tax

Clarification and FAQ on Income Declaration Scheme 2016

June 27, 2016June 28, 2016 TaxIndiaUpdates In0 comments8376 views

Clarification and FAQ on Income Declaration Scheme 2016 The Income Declaration Scheme, 2016 incorporated as Chapter IX of the Finance Act, 2016 is to come into force with effect from the 1st of June, 2016. The first part of the Tax Payer Education Series of Frequently … Continue Reading →

Income Tax

No Tax Collection at Source if Cash Receipt per Transaction Not Exceed Rs. 2 Lacs

June 25, 2016June 25, 2016 TaxIndiaUpdates In0 comments4549 views

No Tax Collection at Source if Cash Receipt per Transaction Not Exceed Rs. 2 Lacs Circular No. 23/2016 dated the 24 June, 2016 Subject: Amendment in Section 206C of the Income-tax Act vide Finance Act 2016 – Clarifications regarding. In order to curb the … Continue Reading →

Service Tax

No Service Tax on Goods Transportation by Vessel if invoice issued upto 31-05-2016

June 24, 2016 TaxIndiaUpdates In0 comments3450 views

No Service Tax on Goods Transportation by Vessel if invoice issued upto 31-05-2016 CBEC vide Notification No. 35/2016-Service Tax dated June 23, 2016 has exempts the taxable services by way of transportation of goods by a vessel from outside India upto the customs station in India with respect … Continue Reading →

Service Tax

Krishi Kalyan Cess Not Leviable if POT of Service fall on or before 31-05-2016

June 24, 2016 TaxIndiaUpdates In0 comments4390 views

Krishi Kalyan Cess Not Leviable if POT of Service Fall on or before 31-05-2016 CBEC vide Notification No. 35/2016-Service Tax dated June 23, 2016 has clarified that Krishi Kalyan Cess Not Leviable if Point of Taxation of Service fall on or before 31-05-2016. Meaning thereby taxable services with … Continue Reading →

Income Tax

Tax Audit Threshold Limit in presumptive taxation u/s 44AD is Rs. 2 Crore

June 22, 2016June 22, 2016 TaxIndiaUpdates In0 comments5768 views

Tax Audit Threshold Limit in presumptive taxation u/s 44AD is Rs. 2 Crore CBDT vide press release dated 20-06-2016 clarified that if an eligible person opts for presumptive taxation scheme as per section 44AD(1) of the Act, he shall not be required to get his accounts audited if the … Continue Reading →