Question When the Tax is to be deducted u/s section 194J but is deducted under section 194C,whether the disallowance u/s 40(a)(ia) will be done ? Yes, If Section 40(a)(ia) is understood in the manner as laid down by the Apex Court, it can be seen that the expression “tax deductible at source under Chapter XVII-B” occurring… Read More »
Haryana VAT e-filing of returns Haryana VAT Act Oridinance 3 of 2015 provision for e-filing of returns Dated 03 august 2015 Click to View the Ordinance
List of Resolutions for which Form MGT 14 is required to be filed with ROC The list is categorized in 3 Categories: 1. List-A: Board Resolutions 2. List-B: Special Resolutions 3. List-C: Ordinary Resolutions LIST-A: BOARD RESOLUTION REQUIRED TO BE FILE WITH ROC IN FORM MGT 14 1. To issue securities, including debentures, whether in… Read More »
MASTER CIRCULAR DBR NO.LEG.BC.21/09.07.006/2015-16 – CUSTOMER SERVICE IN BANKS CUSTOMER SERVICE IN BANKS MASTER CIRCULAR DBR NO.LEG.BC.21/09.07.006/2015-16, DATED 1-7-2015 Please refer to the Master Circular DBOD No.Leg.BC.21/09.07.006/2014-15 dated July 01, 2014 consolidating the important instructions issued by us in the area of customer service up to June 30, 2014. This Master Circular consolidates instructions on… Read More »
SEBI (ISSUE AND LISTING OF DEBT SECURITIES BY MUNICIPALITIES) REGULATIONS, 2015 NOTIFICATION NO.SEBI/LAD-NRO/GN/2015-16/006, DATED 15-7-2015 In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), to put in place a framework for public issue of debt securities by municipalities, listing and trading of… Read More »
RBI Circular on Bank Finance to NBFC (NON-BANKING FINANCIAL COMPANIES ) MASTER CIRCULAR DBR.BP.BC.No.5/21.04.172/2015-16, DATED 1-7-2015 Please refer to our Master Circular DBOD.BP.BC.No.10/21.04.172/2014-15 dated July 1, 2014 on the captioned subject. This Master Circular consolidates instructions on the above matters issued up to June 30, 2015. Master Circular on Bank Finance to Non-Banking Financial Companies… Read More »
Tax recovery after death Hon’ble Supreme Court in the case titled as Shabina Abraham & Ors. Vs. Collector of Central Excise & Custom in Civil Appeal No. 5802 of 2005 decided on 29.07.15 has held that assessment proceeding under the Central Excise and Salt Act, 1944 cannot be continued against the legal representative/estate of a… Read More »
Now dealers can eliminate deficiencies in returns within 30 days of service of notice under Himachal VAT Act HIMACHAL PRADESH VALUE ADDED TAX (AMENDMENT) ACT, 2015 – AMENDMENT IN SECTIONS 4, 7, 21& 34 AND INSERTION OF SECTION 50A NOTIFICATION NO.LLR-D(6)-6/2015-LEG., DATED 16-5-2015 An Act further to amend the Himachal Pradesh Value Added Tax Act,… Read More »