Telephone: 011-26172677 EMPLOYEES’ PROVIDENT FUND ORGANISATION (Ministry of Labour & Employment, Govt. of India) Head Office Bhavishya Nidhi Bhawan, 14, Bhikaiji Lama Place, New Delhi -110 066. Letter No. Pension-1/12/33/EPS Amendment/96/18592 Dated: 07-10-2016 To All ACCs (Zonal Office) All Regional P.F. Commissioner (In-Charge of Regions) All Officers -In- Charge of SROs Sub : Contribution to pension… Read More »
Steps to Register DSC on MCA portal Professionals were facing lots of issues while registering DSC on MCA portal. So, here are the settings to register DSC on the portal: MCA DSC SELETION SETTINGS Please Follow Exact Settings Provided Below To enable DSC Selection Window: I. Browser Verification: Use Only Internet Explorer Version-9 or Above… Read More »
Income Tax Department recommends that you use the following browser specifications for the best view of https://incometaxindiaefiling.gov.in website. You may still be able to use thee-Filing website using other browsers and versions, but the pages may not display properly or you may experience difficulties to use all of the functionality. Mozilla Firefox (version 22.0, 21.0,… Read More »
CBDT amends Rule 17C to provide that The electoral trust shall not accept contributions (a) from an individual who is not a citizen of India or from any foreign entity whether incorporated or not; (b) from any other electoral trust which has been registered as a company under section 25 of the Companies Act, 1956… Read More »
IRS Grants Tax Relief Extension to Drought-Stricken Farmers, Ranchers; 37 States and Puerto Rico Affected If you are a farmer or rancher forced to sell your livestock because of the drought that affects much of the nation, special IRS tax relief may help you. The IRS has extended the time to replace livestock that their… Read More »
Taxable Person under GST (India) Meaning of Taxable Persons under GST (India) “Taxable person’’ shall have the meaning as assigned to it in section 9 of this Act; [ section 2(96) of Model GST Law) Section 9 of Model GST Law :- (1) Taxable Person means a person who carries on any business at any… Read More »
GST Compliance Rating Key Points about GST compliance rating Coverage:- GST compliance rating is covered under Section 116 of Model GST Law GST compliance rating for Every taxable person :- Every taxable person shall be assigned a GST compliance rating score based on his record of compliance with the provisions of this Act. Parameters for GST compliance rating :-… Read More »
GST Registration Provisions for GST Registration Process Chapter VI of the Model GST Law Schedule III of the Model GST Law Report of Joint Committee on Business Processes on GST Registration Draft GST Registration Rules Draft GST Registrations Formats FAQ’s on GST Registration Benefits of taking GST Registration Timely GST Registration will give you ITC on Stock held preceding the… Read More »
APPEALS TO COMMISSIONER (APPEALS) [SECTIONS 246A TO 249] Appealable orders for filing Appeals to CIT(Appeals) section 246A (1) Any assessee or any deductor or any collector aggrieved by any of the following orders (whether made before or after the appointed day) may appeal to the Commissioner (Appeals) against— (a) an order passed by a Joint Commissioner under clause… Read More »
If either the loss brought forward or unabsorbed depreciation is nil, then the assessee is not allowable any deduction under this clause for computing the book profit under section 115JB. IN THE ITAT PANAJI BENCH Indian Furniture Products Ltd. v. Assistant Commissioner of Income-tax, Circle-2, Goa N.S. SAINI, ACCOUNTANT MEMBER AND GEORGE MATHAN, JUDICIAL MEMBER… Read More »