Customs – Rate of exchange of conversion of each of the foreign currency w.e.f July 05, 2013
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3, SUB-SECTION (ii), EXTRAORDINARY] GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUECENTRAL BOARD OF EXCISE AND CUSTOMS Notification No.70/2013-Customs (N.T.) DATED THE 4th July, 201313 Shravana, 1935(SAKA) S.O. (E). – In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in […]
Filing I-T returns back for salaries up to ₹ 5 lakh/year
This year the facility for online filing of returns has been made user-friendly with the advantage of pre-filled return forms.“Hence, the exemption provided during the last two years is not being extended for assessment year 2013-14,” a Finance Ministry release said on Monday.In May, the Central Board of Direct Taxes, […]
Service Tax Applicability on Restaurants, Hotels w.e.f. 1st April, 2013
From 1st April 2013, service tax is applicable only if the restaurant has the facility of air-conditioning or central air heating in any part of the establishment at any time during the year. If the restaurant does not have any of these, no service tax will be applicable. Hence it is […]
New user-friendly features in the Oct. 2012 – Mar. 2013 ST-3 Return:
The Offline Excel utility for filing half-yearly Service Tax return (ST 3) for the period 1st October, 2012 to 31st March, 2013 is now available in ACES. The same can be downloaded from http://acesdownload.nic.in/. It can also be accessed from ‘DOWNLOADS’ section of ACES website, www.aces.gov.in. The online version of the same will be […]
Service Tax – Order No: 4/2013 – For Extension of Dates upto 10 Sept 2013
New Delhi, dated the 30th August, 2013 Order No: 4/2013-Service Tax In exercise of the powers conferred by sub-rule(4) of rule 7 of the Service Tax Rules, 1994, the Central Board of Excise & Customs hereby extends the date of submission of the Form ST-3 for the period from […]
New Procedure for remittance outside India w.e.f. 01.10.2013
CBDT vide notification No. 67 dated 02.09.2013 notified new Forms Form 15CA and CB . The most important changes that have been brought in the new regime for making payments outside India w.e.f 01/10./2013 are as follows:- 1. Chartered Accountant is supposed to provide in the form 15CB as to whether […]
How effective are the Cheque bouncing provisions under negotiable instruments act, 1881?
Introduction: Section 138 to 147 were incorporated in Negotiable Instruments Act, 1881(NI Act) with a view to promote the efficacy of the banking operations and to enhance the credibility of the cheques in business transactions. The NI Act makes the drawer of cheque liable for penalties in case of dishonor […]
Due Date for Filing Returns & Tax Audit Report extended to 31-Oct-2013
Due Date for Filing Returns & Tax Audit Report extended to 31-Oct-2013
How to change your name legally in India? (3 easy steps)
Step 1 – Affidavit Go to you local Notary and make an affidavit regarding change of your name. You have to mention therein your specific reason for changing your name. For example, you may like to change your name after marriage (especially for women), due to astrological or numerological […]