IndianCAs by Ashwin Nagar

S. 40(a)(ia) TDS: Special Bench verdict in   Merilyn Shipping   is not good law The assessee, engaged in the business of transport con...

Post Budget changes in Custom and Excise Duty rates w.e.f. 08.05.2013[Notification Nos 16/2013-Central Excise,25/2013-Customs and 26/2013 –C...

Note on Change in Abatement in Construction Complex Service Abatement Notification No.02/2013 dt.01/03/2013 has been amended. To avail...

Security services used for securing office premises are eligible as input service under Service Tax Act. [CESTAT Bangalore bench, C. Cubed S...

Audit report to be filed electronically; threshold limit for e-filing of return reduced to Rs. 5 lakhs; return can't be filed in ITR-...

Finance Bill 2013 amendment: No need for buyer to obtain TAN to deduct tax from payment made for purchasing immovable property of more than ...

Finance Bill 2013 amendment of Sec 206AA: TDS normal rate of 5% on interest on long-term infrastructure bonds to NRI even if he does not hav...

W.e.f. 01-06-2013, TCS @ 1% applicable on cash purchase of more than Rs 2 lacs of coins or other articles of upto 10 grams also which were t...

Six month time limit for disposal of trust registration application is directory under Section 12A of the Income Tax Act. [High Court of M...

Dearness allowance (DA) enhanced for Central Government employees with effect from 01.01.2013 from 72% to 80%.[Notification No. 1(2)/2013-...

The Finance Bill 2013 has been passed by the Lok Sabha today (30.04.2013) after incorporating several important amendments. Among the import...

ST : Notification No.26/2012-ST dated 20-6-2012 quashed ST : In a chit business, the subscription is tendered in any one of the forms...

Coaching institute cannot be treated and registered as a charitable institution under Income Tax Act. [ITAT Cochin Bench M Star Charitable S...

Cenvat credit on Construction can be used for ST on Renting Excise paid on Inputs and ST on Input services used in constr...

Exemption u/s. 11 cannot be denied on mere non-compliance with provisions of Trust Act in earlier years under Income Tax Act. [High Court of...

Software developed as per customer's specifications are liable to service tax.[CESTAT, Mumbai Bench 3i Infotech Ltd]

SECTION 92C OF THE INCOME-TAX ACT, 1961 - TRANSFER PRICING - COMPUTATION OF ARM'S LENGTH PRICE - NOTIFIED TOLERABLE LIMIT FOR DETER...

Same Income cannot be taxed both in the hand of Individual and HUF based on AIR information under Income Tax Act. [ITAT Mumbai Jyotindra Nat...

Download PF Member data in excel from  www.epfindia.gov.in . Fill missing details, convert in text file and upload same on PF website by 26-...

From FY 2012-13 download Part A of Form 16 (TDS and Deposit) from  www.traces.gov.in and prepare Part B (Salary and Deductions) himself. [...