Daily Archives: October 1, 2016

Govt given back date Service Tax Exemption on transportation by educational institutions to students, faculty and Staff

By | October 1, 2016

Service Tax Exemption on  Service of transportation, by educational institutions to students, faculty and staff for the period commencing on and from the first day of April, 2013 and ending with the tenth day of July, 2014. Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 45/2016-Service… Read More »

Revised Arrest Guidelines for Failure in Service Tax Payment

By | October 1, 2016

Circular No 201/11/2016-Service Tax F.No. 137/47/2013-Service Tax Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs Service Tax Wing New Delhi, the 30th September, 2016 To All Principal Chief Commissioners/ Chief Commissioners of Central Excise/Service Tax Principal Directors General/ Directors General of Goods & Service Tax/ Systems/Central Excise Intelligence/ Audit/Tax… Read More »

USA-Drought-Stricken Farmers can defer tax on gains from forced livestock sales

By | October 1, 2016

Drought-Stricken Farmers and Ranchers Have More Time to Replace Livestock; 37 States and Puerto Rico Affected WASHINGTON — Farmers and ranchers who previously were forced to sell livestock due to drought, like the drought currently affecting much of the nation, have an extended period of time in which to replace the livestock and defer tax… Read More »

CBDT notifies 7 districts of Andhra Pradesh for availing tax incentives

By | October 1, 2016

CBDT notifies 7 districts of Andhra Pradesh for availing tax incentives under the Income-tax Act. Under the Andhra Pradesh Re-organisation Act, 2014 the Government of India is extending special assistance to four districts of Rayalseema and three districts of North coastal Region of Andhra Pradesh. To further boost the industrial activities, the CBDT has notified these… Read More »