Taxation - Corporate Law Reporter

Non-filers Monitoring System procedure re-examined by CBDT

INSTRUCTION NO. 14/2013 F. No. 225/153/2013/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North-Block ITA-II, Division New Delhi 23th September, 2013 To All Chief-Commissioners of Income-tax All Directors-General of Income-tax Subject: Standard Operating Procedure for cases under Non-filers Monitoring System ('NMS')-regarding. The existing procedure for monitoring cases of 'Non-filers… Read More

Income-tax (18th Amendment) Rules, 2013

[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF DIRECT TAXES) Notification No. 76/2013 New Delhi, the day of 24th September, 2013 In exercise of the powers conferred by section 245Q read with section 295 of the Income-tax Act, 1961 (43 of 1961),… Read More

Section 35(2) of DVAT Act related to penalties and objections amended

GOVERNMENT OF NCT OF DELHI DEPARTMENT OF TRADE & TAXES VYAPAR BHAWAN, NEW DELHI No.F.3(380)/Policy/VAT/2013/802-808 Dated: 19-09-2013 CIRCULAR No 16 of… Read More

DVAT circular w.r.t. expeditious disposal of refund cases

GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE & TAXES (POLICY BRANCH) VYAPAR BHAWAN, NEW DELHI 110 002 No.F.3(378)/VAT/Policy/2013/796-801 Dated: 17-09-2013 CIRCULAR… Read More

Filing of online stock statement as of 31st March ’13 in DVAT Form Stock 1 stands withdrawn with immediate effect

(TO BE PUBLISHED IN PART IV OF THE DELHI GAZETTE EXTRAORDINARY) GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE & TAXES VYAPAR BHAWAN : I.P.ESTATE: NEW DELHI -110 002 No.F.7(433)/Policy-II/VAT/2012/PF/ 817-828 … Read More

DVAT (Third Amendment) Rules, 2013

In exercise of the powers conferred by section 102 of the Delhi Value Added Tax Act, 2004 (Delhi Act 3 of 2005), the Lt. Governor of the National Capital Territory of Delhi, has amended the Delhi Value Added Tax Rules, 2005. The Notification is available for download. Click Here. Read More

DVAT Amnesty Scheme

Click here to Download the Notification ------------------------------------- (TO BE PUBLISHED IN PART IV OF THE DELHI GAZETTE EXTRAORDINARY) GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI FINANCE (REVENUE-I) DEPARTMENT DELHI SACHIVALAYA, I. P. ESTATE: NEW DELHI-110002 No.F.3(16)/Fin.(Rev-I)/2013-14/dsVI/786 … Read More

DVAT Central Form 1

(TO BE PUBLISHED IN PART IV OF THE DELHI GAZETTE EXTRAORDINARY) GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI FINANCE (REVENUE-I) DEPARTMENT DELHI SACHIVALAYA, I.P.ESTATE: NEW DELHI-110002 No.F.3(16)/Fin.(Rev-I)/2013-14/dsVI/787 Dated the 20.09.2013 NOTIFICATION No.F.3(16)/Fin.(Rev-I)/2013-14/ .- In exercise of the powers conferred by subsections 3 and 4 of section 13 of the Central Sales tax Act,1956 (Act No.… Read More

Clarifications Seeking the Levy of Service Tax on Certain Services Relating to the Education Sector issued

Various representations have been received seeking clarifications regarding the levy of service tax on certain services relating to the education sector. Following are the representations received in this regard: Private Schools Correspondents Confederation, Madurai. Tamil Nadu Nursery, Primary, matriculation and Higher Secondary Schools Association, Chennai. Punjab Association, Chennai. Association of Self financing Universities of Rajasthan… Read More

CBEC Amends Duty Free Import Authorisation (DFIA)

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 45 /2013-Customs New Delhi, dated the 17th September, 2013 G.S.R. 636(E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central… Read More

DVAT Form Stock-1 Online Filing Dates Extended to 5th October, 2013 for all dealers

GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE & TAXES VYAPAR BHAWAN : I.P.ESTATE: NEW DELHI -110 002 No.F.7(433)/Policy-II/VAT/2012/part File/782-794 Dated : 16-Sept-13 In supersession of all previous Notifications, regarding date for filing of Stock Statement in Form Stock-1 online for the stock available on 315t March, 2013, I, Prashant Goyal, Commissioner, Value Added Tax,… Read More

Safe Harbour Rules under Section 92CB of IT Act Finalized

Safe Harbour Rules Finalized after Considering Comments of Various Stake Holders ; Rules to be Applicable for 5 Assessment Years Beginning from Assessment Year 2013-14 Section 92CB of the Income-tax Act provides for framing of safe harbour rules. The determination of arms length price u/s 92C or 92CA of the Act is subject to these… Read More

CBEC Commissioners directed to clear Pending Service Tax Registrations Applications by 23 Sep

Chief Commissioners of Central Excise and Customs Directed to take stock of all Pending Registration Applications for Service Tax and Ensure their Clearance by 23rd September, 2013 All the Chief Commissioners of Central Excise and Customs and Director Generals Service Tax/Systems of Central Board of Excise and Customs (CBEC) have been asked to take stock… Read More