GST & Custom : PRACTICE QUESTIONS : Advanced Tax Laws by ICSI
PRACTICE QUESTIONS Advanced Tax Laws (Relevant for June 2019 examination) Download Click here Refer GST Exam MCQ
Daily Archives: May 13, 2019
Request for 26QB Refund :E-Tutorial
Request for 26QB Refund E-Tutorial1. Important Information of “26QB Refund Request”.2. Brief Steps of “26QB Refund Request”.3. Pictorial Guide of “26QB Refund” Important Information of “26 QB Request for Refund” • Taxpayer can apply for 26QB refund from Assessment Year 2014-15 onwards.• It is mandatory to validate the details by digital signature on TRACES to… Read More »
Request for 26A/27BA for Non Deduction/ Collection Transactions : E-Tutorial
Request for 26A/27BA for Non Deduction/ Collection Transactions E-Tutorial 1. Important Information on “Request for 26A/27BA for Non Deduction/Collection Transactions”.2. Brief steps on “Request for 26A/27BA for Non Deduction/ CollectionTransactions”.3. Status of “Request for 26A/27BA for Non Deduction/ CollectionTransactions”.4. Common Rejection Reasons of “Request for 26A/27BA for NonDeduction/ Collection Transactions”. 5. Pictorial Guide for “Request… Read More »
Online TDS/TCS/Demand Payment With Challan ITNS 281 :e Tutorial
Online TDS/TCS/Demand Payment With Challan ITNS 281 :e Tutorial E-Tutorial 1. Important Information for “Online TDS/TCS/Demand Payment With Challan ITNS 281”. 2. Brief steps for “Online TDS/TCS/Demand Payment With Challan ITNS 281”. 3. Pictorial Guide for “Online TDS/TCS/Demand Payment With Challan ITNS 281” Important Information for “Online TDS/TCS/Demand Payment With Challan ITNS 281”. • Challan… Read More »
Traces PDF Generator Utility E Tutorials
PDF Generator Utility E Tutorials Downloading Traces PDF Converter V1.3L Light Version Extract TRACES-PDF-CONVERTERV1.3L.zip file in a folder on your system from Tdscpc.gov.in• If WinZIP is not already installed on your system ,download it fromwww.winzip.com and install it.• After extraction you will have Run.bat file and TRACES-PDF-ConverterV1.3L.jar in a same folder.• To run this Utility,… Read More »
Amount received transfer of copyrighted software couldn’t be taxed as royalty: ITAT
Purchase of software being copyrighted article would not be covered by the term ‘royalty’ under section 9(1)(vi). Where the assessee did not acquire any copyright in the software, is not covered under Explanation 2 to section 9(1)(vi). Further; amended definition of ‘royalty’ under the domestic law cannot be extended to the definition of ‘royalty’ under DTAA, where… Read More »
Conversion of paddy into rice is manufacturing activity , sec 80IA/IB deduction allowed
When the Paddy in the husk is converted into Rice by the process of dehusking, by manual or mechanical process it cannot be said, by any stretch of imagination that there is no transformation of article. A husked Paddy is not a de-husked Rice, and not only the form undergoes a change but also the… Read More »
No TDS u/s 194C on hiring charges of crane : ITAT
A simpliciter payment towards hiring charges of cranes cannot be brought within the sweep of the definition of the term “work” as envisaged in Sec. 194C of the IT Act. IN THE ITAT AMRITSAR BENCH Bhangal Construction Co. v. Income-tax Officer, Ward-1, Phagwara N.K. SAINI, VICE-PRESIDENT AND RAVISH SOOD, JUDICIAL MEMBER IT APPEAL NO. 587 (ASR.) OF… Read More »
No TDS u/s 195 on Commission paid to NR agents for export : ITAT
The assessing officer has disallowed the commission paid to foreign agents by holding that the income arising on account of commission paid to overseas agents was deemed to accrue or arise in India and was accordingly taxable under the provision of section 5(2)(b) r.w.s. 9(1)(i) of the act and the assessee has failed to make… Read More »
IRS Disaster Related Forms and Publications
IRS Disaster Related Forms and Publications The following forms, schedules, and publications are available to assist you with disaster tax issues. They are accessible electronically at irs.gov, click on Forms and Instructions. Form 1040 and Instructions: U.S. Individual Income Tax ReturnCheck for specific tax year at https://www.irs.gov/formspubs/index.html Form 1040X and Instructions: Amended U.S. Individual… Read More »