GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS SERVICE TAX WING NEW DELHI. ORDER NO 1/2016-Service Tax, Dated: April 25, 2016 In exercise of the powers conferred by sub-rule (4) of rule 7 of the Service Tax Rules, 1994, the Central Board of Excise & Customs hereby extends […]
The Companies (Amendment) Act 2015 notified in the official gazettee on 26.05.2015. Govt has brought chabges in Companies Act 2013 with a view to promote ease of doing business in India.The following ancillary amendment are also made. 1 The Companies (Registration officces and Fees) Rules 2. Companies (Registration of charges) Rules 3. Companies (Declaration and payment of […]
From AY 2016-17 , incase of undisclaused income filed by the assesse is noticed by the assessing officer stringent penalties will be imposed. Penalties & Prosecutions under Income Tax Act, 1961
E-filing of income tax return for all category of filers for the assessment year 2016-17 has been operationalised. “All ITRs including ITR 6 and ITR 7 for AY 2016-17 are available for e-Filing,” the Income Tax Department said. The different category of ITRs were operationalised in a phased manner starting April 2. The Central Board […]
Finance Act, 1994 was amended vide Finance Act, 2015 so as to make any service (and not only support services) provided by Government or local Page 21 of 38 authorities to business entities taxable from a date to be notified later. 1st April, […]
The Central Excise returns ER4, ER5, ER6 and ER7 are not required to be filed w.e 1st April 2016 ( refer notification number 8/2016 CE(NT) dated 01.03.2016 & 13/2016 CE(NT) dated 01.03.2016). Assessees can continue to file these returns in ACES for the past period. A new Annual Returns, is prescribed under Rule 12(2) (a) of Central Excise […]
