INSTRUCTIONS REGARDING MAINTENANCE OF RECORDS IN ELECTRONIC FORM AND AUTHENTICATION OF RECORDS BY DIGITAL SIGNATURE–MANNER OF VERIFICATION-REG. Kind attention is invited to sub-rule (5) of rule 10 of Central Excise… Read More
HIGHLIGHT ON USE OF DIGITAL SIGNATURE The government of India has in the recent past launched its dream initiative of ‘Digital India’ which promises to integrate the government departments and the… Read More
CENTRAL BOARD OF DIRECT TAXATION - INCOME TAX DEPARTMENT NOTIFIES FORM 6 –TO ENABLES ONLINE DECLARATION OF BLACK MONEY OUTSIDE INDIA The Online filing of Form 6 under The Black… Read More
Validation of tax-returns through Electronic Verification Code The Central Board of Direct Taxes ('CBDT') vide Notification No. 41/2015 dated 15.04.2015 has introduced Electronic Verification Code ('EVC') as one of the modes for… Read More
States not empowered to levy VAT on transfer of immovable property- under normal provision Recently, on 22.04.2015, P&H High Court in CHD Developers v. State of Haryana & Ors. (TS-147-HC-2015(P&H)-VAT)… Read More
Whether importing decorative goods predominantly made by handis classified as Handicrafts– Delhi VAT Recently in the case of AME De Verre (P.) Ltd. V Commissioner Trade and Taxes (2015) 57 taxmann.com 147 (Delhi) it has… Read More
Guidelines for Detailed Manual Scrutiny of Service Tax Returns w.e.f. August 1, 2015 The Central Board of Excise and Customs (‘CBEC’) vide Circular No. 113/07/2009-ST dated April 23, 2009 had laid… Read More
Relaxation of additional fees and extension of last date of in filing of forms MGT-7 (Annual Return) and AOC-4 (Financial Statement) under the Companies Act, 2013 MCA has extended the… Read More
OPTION TO USE OF DIGITALLY SIGNED INVOICES/RECORDS IN CENTRAL EXCISE AND SERVICE TAX New Finance Budget, 2015 has provided facility to issue digitally signed invoices by inserting Rule 4(C) in… Read More
Best judgment assessment can only be used to quantify the value of service rendered In a recent case of M/s. Shubham Electricals versus CST & ST, Rohtak, CESTAT of New… Read More