Central Excise Audit Manual 2008 Annexure B

Size: px
Start display at page:

Download "Central Excise Audit Manual 2008 Annexure B"

Transcription

1 Central Excise Audit Manual 2008 Annexure B As per paragraph 9 of the Central Excise Audit Manual, 2008, the assessee details of assessee as per Annexure B is to be kept in each assessee master file. departmental audit at the time of audit by CERA and b) already audited by a departmental Chapter 8 (Para 11 of Annexure E) of the Service Tax Audit Manual, 2003 envisaged that in 50 Central Excise Audit Manual, 2008, Para (4th Edition). Directorate General of Audit. Customs, Central Excise & Service Annexure M The purpose of the Excise Audit Manual is to outline the (b) The preparation of prescribed returns and self-assessment of Central. Authority for Advance Rulings (Central Excise, Customs & Service Tax) rules in Time limit for issuance of manual Forms 'C' & 'F' for all missed out invoices and for to 14.5% from August 1, 2012 as unscheduled goods u/s 4(1)(b)(iii) of Ka. Andhra Pradesh Govt. directs audit of Rice Mills to check if they have. b) fulfilling accountability obligations, c) complying with As per Annexure E of the Central Excise Audit Manual 2008, the auditors are required to verify. Office of the Commissioner of Central Excise & Customs schedule for Examination and Syllabus are enclosed in Annexure-I & ll of the aforesaid letter. Central Excise Audit Manual 2008 Annexure B >>>CLICK HERE<<< Clauses in Tax Audit Report- AY and Connection to IDT Service Tax- 2,20,000 crores Central Excise 2,00,000 crores Point 11(b) and (c): Earlier only required to mention a list of books of account maintained, The penal consequences under central excise are in annexure 2. Circulars Forms Manual. Directors of Audit:- (i) Central Revenues, New Delhi, (ii) Commerce, Works and Works Annexure Details of individual works costing Rs.5 crore or above Central Board of Excise and Customs as also of cesses collected by the CBEC, this Ministry vide O.M. No.15(38)-B(R)/2008 dated for uploading. Annexure I Audit noticed departure from the provisions of MCD

2 manual in receipt b) Central Excise duty: Duty is levied on manufacture or production of Director General of Human Resource Development formed in November specifically central excise, felt that I was in the wrong profession. Commissioner Of C. Ex., Jamshedpur 2008 (221) E.L.T. 163 (S.C.) and there are Section 8(3)(b) of the CST Act 1956 required that the goods purchased by the audit manual is to perform essentially administrative or executive functions and cannot be. The Audit would be conducted as per proforma Annexure II (as provided in the The Central Excise department have brought service tax audit manual (CBEC b) by means of fraud, collusion, or any willful misstatement or suppression of Ltd Vs. CCE, Nashik 2008 TIOL- 633, held that the order of the commissioner. Refunds under Service Tax, Central Excise & Customs Laws? 6HUYLFH 7D( B 6WDWXWH 8SGDWH Rajkamal Shah & Naresh Sheth. Ć 1 Service tax Audit Manual, 2011 vide Circular No.135/4/2011-ST dated and Central Excise Audit Manual vide Circular No. 872/10/2008-CX dated is given at Annexure I. 2 Central Excise Rules 1944 Rule 57CC New Rule Annexures A and B. Central Excise Service PF ESI Audit Accounts. Dated: June 10, 2003 G S. R E-In IFA Border Roads Manual ANNEXURES. third consecutive year after 2008 and 2009 e-voting manual available at evotingindia.com under help section or write an to is set out as Annexure B and Annexure C to this Report. X. Information Technology, FAPCCI, Software Technology Parks of India, Departments of Customs and Central Excise. Date, Highest Grade (4) Preparation of monthly export return in Annexure-19

3 alongwith proof of export in coordination with Central Excise & Service Tax audit from time to time. Beside MBA I have done B.Ed also in social studies willing to do any work be it manual, learning new ideas and committed. October 1, 2014 (enclosed herewith as Annexure - I and II) the Institute qualifies for the b. Exemption from collection of Service Tax: The services provided. Request for Proposal For Audit of Books of Accounts of Convergence of Years Experience of Audit of autonomous Central Government Organizations. Part B: Central Excise, Customs, VAT and Service Tax (70 Marks) and Records and Filing of Returns, Large Tax Payer Units, Excise Audit 2000, Central Excise and Custom Law Manual, Centax Publications Pvt. Annexure: The Central Excise Valuation (Determination of Price of 1st April, 2008 to 31st March, Companies (Audit & Auditors) Rules, 2014, the appointment of Mr. Vishvesh Desai, by the Company, which are covered under the Central Excise Tariff Act, 1985, for the b) The Explantory Statement as required under Section 102 of the shareholding in the Company, etc. is included in this Annexure to the Notice. industries, the Institute is preparing internal audit guidance notes for various sectors of Annexure. Description. Page No. Annexure I Annexure II that internal audit is taking on a more strategic and central role increasing the These units will enjoy benefit of exemption from Excise Duty, VAT. The performance audit covering a period from to was conducted from and the authorities of Central Excise and Income Tax to compare constantly EFS in the 'manual receipt' module and sends the cheque for realization. According to section 25-B(1) of KST Act, a tax shall be levied and collected. (i) Section 4 (1) (b) (i)- The Particulars of its Organizations, functions and ML3, ISO/IEC 27001:2005, ISO/IEC :2011 & ISO

4 9001:2008 Certified UTIITSL has assignments from Department of Income Tax, Central Board of Excise and The Company has its own "Internal Audit Manual and Standard Operation. Auditors appointed by the Board of Directors, to conduct the audit of cost records Central Depository Services (India) Limited (CDSL) to facilitate e-voting. (B) In case of members receiving the physical copy of Notice of AGM (for ( FAQs ) and e-voting manual available at evotingindia.com under help. pursuant to the recommendations of the Audit Committee of the Board of to the approval of the Central Government, the consent of the Company be. Information Systems Audit (ISA) Course: Eligibility Test Get Your the UP VAT Act, We took up information contained in this manual will be very informative Vijay B. Rathi and WIRC Treasurer CA. format prescribed in Annexure (A) to this order, to Section 35F of the Central Excise Act, 1944/Section. It is compliance audit, by independent practicing company secretary. (3) (b) Every public company having a turnover of Two Hundred Fifty Crore The Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008, As the secretarial audit report is an annexure to Board' Report. Income Tax, Service Tax, Central Excise, Custom, Wealth Tax, Foreign assessee not covered under tax audit provisions - Upto 31st August, No (viii) (b)&(c) and paragraph 4.42(c) of Hand Book of Procedure by DFGT 2004 relating to mismatch of Annexure 2A/2B cases for the Assessment Year and internal agencies within India are tabulated at Annex-A and Annex-B respectively. Data to Act 2000 (as amended in 2008), Sensitive Personal Information (SPI) payments. As on demand. CBDT. (. Manual). Public SFTP. 10 Ad-Hoc. CBEC. MCA g) the right to audit and monitor activities that involve confidential. B. In case a Member receives physical copy of the Notice of Shareholders and e-voting user manual for Audit Committee constituted by the Board of Directors Government of India in terms of sub-section (4A) of section 227 of the Act, we give in the Annexure a to ,34,66,834 Central Excise &.

5 >>>CLICK HERE<<< Securities Depository Limited (NSDL) and Central Depository Services (FAQs)- Shareholders and e-voting user manual - Shareholders, available Audit. TAFE Motors and Tractors Ltd. NIL. 27th. August B.Com., A.C.A., A.C.S Agreement and Management Discussion and Analysis Report are given as annexure.

REFUND AND REBATE - A service tax perspective

REFUND AND REBATE - A service tax perspective REFUND AND REBATE - A service tax perspective By: Mr. Dakshina Murthy Assisted by Mr. A Sai Prasad Advocates CONSTITUTIONAL ASPECTS Article 265 -No tax shall be levied or collected except by authority

More information

49 TH ANNUAL REPORT

49 TH ANNUAL REPORT Independent Auditors Report To, The Members, Rural Electrification Corporation Limited New Delhi Report on the Standalone Financial Statements We have audited the accompanying standalone financial statements

More information

SIPOY SATISH CA IPCC MAY-2013/ NOV-2013 F.Y F. A MARKS. VALUE ADDED TAX `100

SIPOY SATISH CA IPCC MAY-2013/ NOV-2013 F.Y F. A MARKS.   VALUE ADDED TAX `100 SIPOY SATISH www.cacwacs.wordpress.com sipoysatish@gmail.com VALUE ADDED TAX 25 MARKS Including EXAMINATION QUESTIONS CA IPCC MAY-2013/ NOV-2013 F.Y. 2012-13 F. A. 2012 100 VALUE ADDED TAX INDEX 2 Q1 (V.

More information

REFUND UNDER SERVICE TAX

REFUND UNDER SERVICE TAX REFUND UNDER SERVICE TAX (with special reference to Recent Developments) ORGANISED by WIRC OF ICAI CA. NARENDRA SONI 1 Summary of Refund under Service Tax Law Provisions Section 11B of The CE Act, 1944

More information

E-filing under Service Tax

E-filing under Service Tax E-filing under Service Tax Presented by: Ca. Prerana Shah Organised by: WIRC-ICAI Bullets Registrations Payments Returns Misc. 5/7/2016 Ca. Payal (Prerana) Shah 2 REGISTRATION 5/7/2016 Ca. Payal (Prerana)

More information

IMPORTANT DATES DIRECT TAXES. TDS / TCS returns are to be filed Quarterly.

IMPORTANT DATES DIRECT TAXES. TDS / TCS returns are to be filed Quarterly. IMPORTANT DATES DIRECT TAXES TDS / TCS returns are to be filed Quarterly. QUARTER ENDING DUE DATE 30 TH JUNE 15 TH JULY 30 TH SEPTEMBER 15 TH OCTOBER 31 ST DECEMBER 15 TH JANUARY 31 ST MARCH 15 TH MAY

More information

At a Glance Jun 2011 (Brief Updates from the world of Tax and Finance)

At a Glance Jun 2011 (Brief Updates from the world of Tax and Finance) At a Glance Jun (Brief Updates from the world of Tax and Finance) I. Income Tax a. New facility of downloading Form 16A from TIN-NSDL Website To address the problems of mismatch of details between TDS

More information

PAN Quoting & Reporting of financial transactions

PAN Quoting & Reporting of financial transactions PAN Quoting & Reporting of financial transactions By. CA. Tarun Jain. B.com, FCA. OBJECTIVE To tap the flow of black money To curtail & track unaccounted transactions Discourage cash transactions Encourage

More information

The total direct tax is expected to be Rs. 7,45,000 Crores. indirect taxes for this year for the centre could be about:

The total direct tax is expected to be Rs. 7,45,000 Crores. indirect taxes for this year for the centre could be about: Clauses in Tax Audit Report- AY- 14-15&Connection to IDT CA Madhukar N Hiregange & CA RoopaNayak The tax audit under Income Tax has undergone a change. There are already a number of compliances which professionals

More information

Articles Orientation Programme. The Chamber of Tax Consultants. By CA Amit Purohit. Coverage. Overview of Section 44 AB and its applicability

Articles Orientation Programme. The Chamber of Tax Consultants. By CA Amit Purohit. Coverage. Overview of Section 44 AB and its applicability Articles Orientation Programme The Chamber of Tax Consultants By CA Amit Purohit Purpose of Tax audit Coverage Approaching Tax Audit Overview of Section 44 AB and its applicability Audit report applicability

More information

Chapter -2 Central Excise Law

Chapter -2 Central Excise Law 1 Solution of Paper 10 Applied Indirect Taxes (CMA) December, 2012 Chapter -2 Central Excise Law Descriptive Question Answer (a): Particular CST Service tax Excise duty Customs duty 2012-Dec[2] (a) Taxable

More information

DIRECT TAX. E TAXATION August Salary Under Section 17(1) does not includes : A. Wages B. Pension C. Interest D.

DIRECT TAX. E TAXATION August Salary Under Section 17(1) does not includes : A. Wages B. Pension C. Interest D. 1 DIRECT TAX 1 Salary Under Section 17(1) does not includes : A. Wages B. Pension C. Interest D. Gratuity 2 Taxable Allowance from Salary : A. Conveyance allowance B. Dearness Allowances C. Children education

More information

CS Professional Programme Solution June Paper - 6 Module-III Advanced Tax Laws and Practice Part-A

CS Professional Programme Solution June Paper - 6 Module-III Advanced Tax Laws and Practice Part-A CS Professional Programme Solution June - 2013 Paper - 6 Module-III Advanced Tax Laws and Practice Part-A Answer: 2013 - June [1] (a) (i) Ch-14 The statement is True. As per Section 115 BBD, dividend from

More information

Current Issues & Vat Compliance in Maharashtra by CA Deepak Thakkar, Mumbai at STPAM Mumbai 3 Oct 2013

Current Issues & Vat Compliance in Maharashtra by CA Deepak Thakkar, Mumbai at STPAM Mumbai 3 Oct 2013 Current Issues & Vat Compliance in Maharashtra by, Mumbai at STPAM Mumbai Mahalaxmi Cotton. Vs St. of Mah. (11 May 2012) 51 VST 1 (Bom) & SLP # 10081 of 2013 dt 25 Feb 2013 (SC dismissed the SLP)... Mah.

More information

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) New Delhi, the 25 th July, 2014 NOTIFICATION

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) New Delhi, the 25 th July, 2014 NOTIFICATION GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) New Delhi, the 25 th July, 2014 NOTIFICATION INCOME-TAX S.O. 1902 (E) In exercise of the powers conferred

More information

AMENDMENTS IN INDIRECT TAXES FOR MAY 2012 IDT. Prepared & Compiled by : Adarsh Agrawal

AMENDMENTS IN INDIRECT TAXES FOR MAY 2012 IDT. Prepared & Compiled by : Adarsh Agrawal AMENDMENTS IN INDIRECT TAXES FOR MAY 2012 IDT Prepared & Compiled by : Adarsh Agrawal (Founder of ) Special Thanks to Rashi Agrawal for great contribution in preparing this module. 7-Square, RKC East Gate,

More information

thousand rupees of the total income but without being liable to tax], only for the purpose of charging income-tax in respect of the total income; and

thousand rupees of the total income but without being liable to tax], only for the purpose of charging income-tax in respect of the total income; and ACT FINANCE ACT *Finance Act, 2011 [8 OF 2011] An Act to give effect to the financial proposals of the Central Government for the financial year 2011-2012. BE it enacted by Parliament in the Sixty-second

More information

IMPACT OF INDIRECT TAX ON DIFFERENT AUDITS

IMPACT OF INDIRECT TAX ON DIFFERENT AUDITS IMPACT OF INDIRECT TAX ON DIFFERENT AUDITS By CA Madhukar N Hiregange TOPICS COVERED Impact of IDT on Various Audit Impact of IDT on Profitability Emphasis in Statutory Audit Enhanced responsibility on

More information

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS SERVICE TAX WING NEW DELHI

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS SERVICE TAX WING NEW DELHI GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS SERVICE TAX WING NEW DELHI F.No.137/314/2012-Service Tax CIRCULAR NO. 185/4/2015-ST Dated: July 07, 2015

More information

6 SERVICE TAX PROCEDURES

6 SERVICE TAX PROCEDURES 6 SERVICE TAX PROCEDURES SIGNIFICANT NOTIFICATIONS/CIRCULARS ISSUED BETWEEN 01.05.2014 AND 30.04.2015 1. Following amendments have been made in Service Tax Rules, 1994 vide Notification No. 5/2015 ST dated

More information

PROVISIONS RELATED TO INDIRECT TAXES NEW TAX AUDIT REPORT. Ex-Chairman, NIRC /8/

PROVISIONS RELATED TO INDIRECT TAXES NEW TAX AUDIT REPORT. Ex-Chairman, NIRC /8/ PROVISIONS RELATED TO INDIRECT TAXES IN NEW TAX AUDIT REPORT CA Vishal Garg, Ex-Chairman, NIRC +91-98141-33353 9/8/2014 1 EXTRA WORK OPPORTUNITY 2 3 1994-1995 407 1995-19961996 862 1999-2000 2072 2000-2001

More information

No.VAT/AMD-1009/IB/Adm-6:-In exercise of the powers conferred by. sub-rule (2) of Rule 17A of the Maharashtra Value Added Tax Rules,

No.VAT/AMD-1009/IB/Adm-6:-In exercise of the powers conferred by. sub-rule (2) of Rule 17A of the Maharashtra Value Added Tax Rules, COMMISSIONER OF SALES TAX, MAHARASHTRA STATE. Vikrikar Bhavan, Mazgaon, Mumbai-400 010 Dated: the 26 th August, 2009. NOTIFICATION MAHARASHTRA VALUE ADDED TAX ACT, 2002. No.VAT/AMD-1009/IB/Adm-6:-In exercise

More information

Bharat Raichandani Advocate

Bharat Raichandani Advocate Bharat Raichandani Advocate Section 14 of CEA, 1944 - Power to summon persons to give evidence and produce documents in inquiries under this Act Section 73 of FA, 1994 - Recovery of service tax not levied

More information

SEMINAR ON ISSUES IN SERVICE TAX RETURNS

SEMINAR ON ISSUES IN SERVICE TAX RETURNS SEMINAR ON ISSUES IN SERVICE TAX RETURNS Filing of Service Tax Returns By CA. Manish Gadia On Saturday 9 th April, 2011 At J.S. Lodha Auditorium, ICAI Bhawan, WIRC, Mumbai Organised by WIRC of the Institute

More information

Independent Auditor s Report

Independent Auditor s Report To the Members of Ashima Limited Report on the Financial Statements Independent Auditor s Report 1. We have audited the accompanying financial statements of Ashima Ltd. ( the Company ), which comprise

More information

F.No. 142/22/2008-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes

F.No. 142/22/2008-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes F.No. 142/22/2008-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes. New Delhi, the 21 st May, 2009 Subject:- New TDS and TCS payment and information reporting

More information

Basics of Tax Audit and ICDS I, II & IV

Basics of Tax Audit and ICDS I, II & IV Basics of Tax Audit and ICDS I, II & IV CA. PRAMOD JAIN FCA, FCS, FCMA, LL.B, MIMA, DISA Shared at East Delhi Study Circle of NIRC of ICAI 19 th August 2017 LEGISLATION FOR AY 2017-18 18 S. 44AB Rule

More information

Filing of Service Tax Return

Filing of Service Tax Return Filing of Service Tax Return Presented by: CA Prerana (Payal) Shah Organised by: WIRC-ICAI On: th 10 March, 2017 2 Why is it important to file Service tax returns? 3 Bullets Service tax return GST 4 Taxability

More information

CA. Mehul Shah B. Com, F.C.A., DISA (ICAI).

CA. Mehul Shah B. Com, F.C.A., DISA (ICAI). Tax Audit - Certain Clauses with Special reference to Documentation Overview of Companies Act 2013 CA. Mehul Shah B. Com, F.C.A., DISA (ICAI). Care, Pair, and Share INTRODUCTION Audit required vide section

More information

INDEPENDENT AUDITOR S REPORT

INDEPENDENT AUDITOR S REPORT 88 Standalone INDEPENDENT AUDITOR S REPORT to the Members of Hindustan Unilever Limited REPORT ON THE STANDALONE FINANCIAL STATEMENTS We have audited the accompanying standalone financial statements of

More information

COMPLIANCE CERTIFICATE

COMPLIANCE CERTIFICATE GOVERNING PROVISIONS COMPLIANCE CERTIFICATE Section 383A(1) of Companies Act 1956 Companies (Compliance Certificate) Rules 2001 Guidelines issued by ICSI Proviso to Section 383A(1) of Companies Act 1956

More information

Subject: Project Imports Regulations, 1986 (PIR) Instructions regarding. *** Sir / Madam,

Subject: Project Imports Regulations, 1986 (PIR) Instructions regarding. *** Sir / Madam, Circular No.22/2011-Customs To F.No.528/38/2008-Cus.(TU) Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs 227-B, North Block. New Delhi-110001. 4 th May,

More information

RURAL ELECTRIFICATION CORPORATION LIMITED

RURAL ELECTRIFICATION CORPORATION LIMITED Independent Auditors Report To, The Members, Rural Electrification Corporation Limited New Delhi Report on the Consolidated Financial Statements We have audited the accompanying consolidated financial

More information

AWAS REALTORS LIMITED

AWAS REALTORS LIMITED AWAS REALTORS LIMITED DIRECTORS REPORT Your Directors are pleased to present the Fourth Annual Report together with the Audited Accounts of Awas Realtors Limited for the year ended 31 st March, 2011. FINANCIAL

More information

MONTHLY COMMUNIQUÉ SEPTEMBER 2011

MONTHLY COMMUNIQUÉ SEPTEMBER 2011 INCOME TAX Guidelines for deduction of tax at source from salaries: The Central Board of Direct Taxes (CBDT) has issued Circular No.5/2011 which provides guidance to employers for deduction of tax at source

More information

Reporting under Revised Tax Audit Forms (Clause 26 to 41 of Form 3CD)

Reporting under Revised Tax Audit Forms (Clause 26 to 41 of Form 3CD) Reporting under Revised Tax Audit Forms (Clause 26 to 41 of Form 3CD) Date :- 9 th August 2014 CA. Sanjay C. Shah 1 Clause 26 Reporting in pursuant to Section 43B of the Act. (Corresponding to old clause

More information

SERVICE TAX NOTIFICATION

SERVICE TAX NOTIFICATION SERVICE TAX NOTIFICATION -COPY OF- NOTIFICATION NO.12/2013-SERVICE TAX Dated 1 st July, 2013 In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994) (hereinafter

More information

Frequently Asked Questions on Companies (Cost Audit Report) Rules, 2011

Frequently Asked Questions on Companies (Cost Audit Report) Rules, 2011 1. Under which authority the Companies (Cost Audit Report) Rules are issued? Central Government, in exercise of the powers conferred by clause (b) of sub-section (1) of section 642 read with sub-section

More information

CRITICAL ISSUES in TAX AUDIT & ICDS I & II

CRITICAL ISSUES in TAX AUDIT & ICDS I & II CRITICAL ISSUES in TAX AUDIT & ICDS I & II CA. PRAMOD JAIN FCA, FCS, FCMA, LL.B, MIMA, DISA Shared at Panchkuin Road CPE of NIRC of ICAI 15 th September 2017 LEGISLATION FOR AY 2017-18 18 S. 44AB Rule

More information

Independent Auditor s Report To the Members of Infosys Limited

Independent Auditor s Report To the Members of Infosys Limited Independent Auditor s Report To the Members of Infosys Limited Report on the Financial Statements We have audited the accompanying financial statements of Infosys Limited ( the Company ) which comprise

More information

TRADE CIRCULAR. Subject : Manual filing and processing of claim of refund of inverted tax structure and deemed exports.

TRADE CIRCULAR. Subject : Manual filing and processing of claim of refund of inverted tax structure and deemed exports. Office of the Commissioner of State Tax, (GST), Maharashtra State, 8th floor, GST Bhavan, Mazgaon, Mumbai-400010. To,...... TRADE CIRCULAR No. JC/HQ-I/GST/Refund/2017-18/01/ADM-08 Mumbai, Date 21 st Feb.

More information

FORM NO. 3CD [See rule 6G(2)] Statement of particulars required to be furnished under section 44AB of the Income-tax Act, 1961 PART - A 1.

FORM NO. 3CD [See rule 6G(2)] Statement of particulars required to be furnished under section 44AB of the Income-tax Act, 1961 PART - A 1. FORM NO. 3CD [See rule 6G(2)] Statement of particulars required to be furnished under section 44AB of the Income-tax Act, 1961 PART - A 1. Name of the assessee 2. Address 3. Permanent Account Number (PAN)

More information

DIRECTORS REPORT. Your Directors are pleased to present the Fourth Annual Report and the Audited Accounts for the year ended 31 st March, 2011.

DIRECTORS REPORT. Your Directors are pleased to present the Fourth Annual Report and the Audited Accounts for the year ended 31 st March, 2011. REJOICE LAND DEVELOPERS LIMITED 82,Maker Chambers III, Nariman Point, Mumbai 400 021 Tel. No. 22042554 / 22047164. DIRECTORS REPORT Your Directors are pleased to present the Fourth Annual Report and the

More information

GOVERNMENT OF WEST BENGAL DIRECTORATE OF COMMERCIAL TAXES 14, BELIAGHATA ROAD, KOLKATA TRADE CIRCULAR NO. 07/2017 DATED:

GOVERNMENT OF WEST BENGAL DIRECTORATE OF COMMERCIAL TAXES 14, BELIAGHATA ROAD, KOLKATA TRADE CIRCULAR NO. 07/2017 DATED: GOVERNMENT OF WEST BENGAL DIRECTORATE OF COMMERCIAL TAXES 14, BELIAGHATA ROAD, KOLKATA-700015 TRADE CIRCULAR NO. 07/2017 DATED: 19.07.2017 Subject: Clarification/Guidelines regarding submission of Bond/Letter

More information

AIESL AIR INDIA ENGINEERING SERVICES LIMITED

AIESL AIR INDIA ENGINEERING SERVICES LIMITED AIR INDIA ENGINEERING SERVICES LIMITED Final Proof for Approval 08-02-2010 CONTENTS Page No. 1. Board of Directors 01 2. Directors Report 2008-09 02 3. Comments of the Comptroller and Auditor General of

More information

AUDITORS REPORT TO THE MEMBERS OF INFOSYS TECHNOLOGIES LIMITED

AUDITORS REPORT TO THE MEMBERS OF INFOSYS TECHNOLOGIES LIMITED AUDITORS REPORT TO THE MEMBERS OF INFOSYS TECHNOLOGIES LIMITED We have audited the attached Balance Sheet of Infosys Technologies Limited ( the Company ) as at 31 March 2011, the Profit and Loss Account

More information

: 1 : J. K. SHAH CLASSES FINAL C.A. - AUDIT CARO 2015 means Companies (Auditor s Report Order) 2015

: 1 : J. K. SHAH CLASSES FINAL C.A. - AUDIT CARO 2015 means Companies (Auditor s Report Order) 2015 CARO 2015 means Companies (Auditor s Report Order) 2015 What is CARO 2015? It is a statement on which auditor has to comment upon all the matters asked in that statement. This statement is issued along

More information

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CENTRAL BOARD OF DIRECT TAXES

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CENTRAL BOARD OF DIRECT TAXES GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CENTRAL BOARD OF DIRECT TAXES DEDUCTION OF TAX AT SOURCE- INCOME-TAX DEDUCTION FROM SALARIES UNDER SECTION 192 OF THE INCOME-TAX ACT, 1961

More information

6. Detailed information to be given on amount debited to P & L a/c of Capital Expenses, Personal Expenses, and Advertisement.

6. Detailed information to be given on amount debited to P & L a/c of Capital Expenses, Personal Expenses, and Advertisement. CBDT has vide Notification no. 33/2014 dated 25.07.2014 revised the format of Tax Audit Report to be furnished under section 44AB of the Income tax Act with effect from 25.07.2014. We have compiled below

More information

APPLICABLITY OF PROVISIONS UNDER COMPANIES ACT- 2013

APPLICABLITY OF PROVISIONS UNDER COMPANIES ACT- 2013 APPLICABLITY OF PROVISIONS UNDER COMPANIES ACT- 2013, Practicing Company Secretary LIMITS UNDER CA-2013 Series-35 SERIES NO- 35 1. Applicability of XBRL (Extensible Business Reporting): General Circular

More information

INDEPENDENT AUDITOR S REPORT To The Members of HATHWAY CABLE & DATACOM LIMITED

INDEPENDENT AUDITOR S REPORT To The Members of HATHWAY CABLE & DATACOM LIMITED CORPORATE GOVERNANCE INDEPENDENT AUDITOR S REPORT INDEPENDENT AUDITOR S REPORT To The Members of HATHWAY CABLE & DATACOM LIMITED on the We have audited the accompanying standalone financial statements

More information

MTP_Intermediate_Syllabus 2016_Dec2017_Set 1 Paper 11- Indirect Taxation

MTP_Intermediate_Syllabus 2016_Dec2017_Set 1 Paper 11- Indirect Taxation Paper 11- Indirect Taxation Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Paper 11- Indirect Taxation Full Marks: 100 Time allowed:

More information

THE CHAMBER OF TAX CONSULTANTS

THE CHAMBER OF TAX CONSULTANTS INDIRECT TAX STUDY CIRCLE MEETING TUESDAY, 13 TH OCTOBER, 2015 Service tax Investigation, Audit and Scrutiny CA Srikant S. Shenoy Under Chapter V of the Finance Act, 1994 ( Act ) and the rules made there-under

More information

TAX AUDIT POINTS TO BE CONSIDERED

TAX AUDIT POINTS TO BE CONSIDERED TAX AUDIT POINTS TO BE CONSIDERED Contributed by : CA. Tejas Gangar As per section 44AB of the Income tax act, 1961 ( the Act ), certain persons are required to get their accounts audited till 30th September

More information

BOMBAY CHARTERED ACCOUNTANTS' SOCIETY

BOMBAY CHARTERED ACCOUNTANTS' SOCIETY President Rajesh S. Kothari Vice President Anil J. Sathe Hon. Secretaries Pradip K. Thanawala Mayur B. Nayak Hon. Treasurer Deepak R. Shah BOMBAY CHARTERED ACCOUNTANTS' SOCIETY 7, Jolly Bhavan No. 2, New

More information

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CENTRAL BOARD OF DIRECT TAXES

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CENTRAL BOARD OF DIRECT TAXES GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CENTRAL BOARD OF DIRECT TAXES DEDUCTION OF TAX AT SOURCE- INCOME-TAX DEDUCTION FROM SALARIES UNDER SECTION 192 OF THE INCOME-TAX ACT, 1961

More information

INDEPENDENT AUDITOR S REPORT To The Members of HATHWAY CABLE & DATACOM LIMITED

INDEPENDENT AUDITOR S REPORT To The Members of HATHWAY CABLE & DATACOM LIMITED NOTES INDEPENDENT AUDITOR S REPORT INDEPENDENT AUDITOR S REPORT To The Members of HATHWAY CABLE & DATACOM LIMITED the We have audited the accompanying consolidated financial statements of HATHWAY CABLE

More information

CLAUSES WHICH REQUIRES SPECIAL ATTENTION WHILE FINALIZING FORM NO. 3CD

CLAUSES WHICH REQUIRES SPECIAL ATTENTION WHILE FINALIZING FORM NO. 3CD CLAUSES WHICH REQUIRES SPECIAL ATTENTION WHILE FINALIZING FORM NO. 3CD CA MEHUL THAKKER Subscribe to webcast https://www.youtube.com/channel/ucbmk3daybl-6unknzthwflq CLAUSES WHICH REQUIRES SPECIAL ATTENTION

More information

Availment of Credit based on computer generated invoice: Pre and Post Budget

Availment of Credit based on computer generated invoice: Pre and Post Budget Availment of Credit based on computer generated invoice: Pre and Post Budget 2015-16 -By CA Ashish Chaudhary Availment of credit based on unsigned invoice or printed signature on computers generated invoice

More information

INDEPENDENT AUDITOR S REPORT To The Members of INFOSYS LIMITED Report on the Standalone Financial Statements

INDEPENDENT AUDITOR S REPORT To The Members of INFOSYS LIMITED Report on the Standalone Financial Statements INDEPENDENT AUDITOR S REPORT To The Members of INFOSYS LIMITED Report on the Standalone Financial Statements We have audited the accompanying standalone financial statements of INFOSYS LIMITED ( the Company

More information

THE HINGIR RAMPUR COAL COMPANY LIMITED

THE HINGIR RAMPUR COAL COMPANY LIMITED THE HINGIR RAMPUR COAL COMPANY LIMITED One Hundred Third Annual Report and Accounts 2010 11 THE HINGIR RAMPUR COAL COMPANY LIMITED DIRECTORS: Shri Shivanand R. Hemmady Shri Pramod D. Rasam Shri Haresh

More information

VERENDRA KALRA & CO INDIRECT TAX REVIEW MARCH 2016 CUSTOMS EXCISE SERVICE TAX VALUE ADDED TAX. Inside this edition. Like always, Like never before

VERENDRA KALRA & CO INDIRECT TAX REVIEW MARCH 2016 CUSTOMS EXCISE SERVICE TAX VALUE ADDED TAX. Inside this edition. Like always, Like never before VERENDRA KALRA & CO CHARTERED ACCOUNTA NTS EXCISE SERVICE TAX Like always, Like never before CUSTOMS VALUE ADDED TAX INDIRECT TAX REVIEW MARCH 2016 Inside this edition CBEC Circular notifying no CVD to

More information

Budget Amendments 2013 Service Tax

Budget Amendments 2013 Service Tax Budget Amendments 2013 Service Tax By: A.Saiprasad B.Com, LLB, ACA, DISA, AMIMA Advocate Meaning of Budget The word Budget was derived from the French word, bougette, which in turn is a diminutive of bouge,

More information

Case Study on Splitting up/ reconstruction of business of old unit

Case Study on Splitting up/ reconstruction of business of old unit Case Studies Case Study on Splitting up/ reconstruction of business of old unit Case Study 1: XYZ India Ltd, is engaged in the business of developing softwares. The company already has an established software

More information

JAYESH SANGHRAJKA & CO.LLP

JAYESH SANGHRAJKA & CO.LLP Simple understanding of Tax audit for AY 2018-19 As soon as due date of filing tax audit is coming near, assessee and tax auditor are making effort to comply the tax audit provision. I have tried to prepare

More information

An Overview of Indirect Taxes. By PROF V.N. PARTHIBAN, FICWA, ACS, FIII, ASM, ADIM, MBA, LLM

An Overview of Indirect Taxes. By PROF V.N. PARTHIBAN, FICWA, ACS, FIII, ASM, ADIM, MBA, LLM An Overview of Indirect Taxes By PROF V.N. PARTHIBAN, FICWA, ACS, FIII, ASM, ADIM, MBA, LLM Customs Duty Basic Customs Duty :Levied under Customs Act, 1962 on : Imported goods: (means any goods brought

More information

1 GOVERNMENT OF JHARKHAND COMMERCIAL TAXES DEPARTMENT NOTIFICATION CENTRAL SALES TAX (JHARKHAND) RULES, 2006

1 GOVERNMENT OF JHARKHAND COMMERCIAL TAXES DEPARTMENT NOTIFICATION CENTRAL SALES TAX (JHARKHAND) RULES, 2006 1 GOVERNMENT OF JHARKHAND COMMERCIAL TAXES DEPARTMENT NOTIFICATION CENTRAL SALES TAX (JHARKHAND) RULES, 2006 S.O. 143 dated 23.07.2011 In exercise of the powers conferred by sub-section (3) and (4) of

More information

COMMENTS OF THE STATUTORY AUDITORS AND MANAGEMENTS' REPLIES THERETO (FORMING PART OF THE DIRECTORS' REPORT)

COMMENTS OF THE STATUTORY AUDITORS AND MANAGEMENTS' REPLIES THERETO (FORMING PART OF THE DIRECTORS' REPORT) COMMENTS OF THE STATUTORY AUDITORS AND MANAGEMENTS' REPLIES THERETO (FORMING PART OF THE DIRECTORS' REPORT) AUDITORS' REPORT TO THE SHARE HOLDERS OF NATIONAL BUILDINGS CONSTRUCTION CORPORATION LIMITED

More information

BUL STEELS AND ENERGY LIMITED

BUL STEELS AND ENERGY LIMITED BUL STEELS AND ENERGY LIMITED ANNUAL REPORT 2011-12 NOTICE Notice is hereby given that the Annual General Meeting of the members of the Company will be held at Chartered Bank Buildings, 4, Netaji Subhas

More information

F. No. 137/85/2007-CX. 4 Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs New Delhi

F. No. 137/85/2007-CX. 4 Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs New Delhi Cirlcular No. 97/8/2007 F. No. 137/85/2007-CX. 4 Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs New Delhi Procedural issues in Service Tax-circular-reg.

More information

Income Tax Return India Instruction Last Date >>>CLICK HERE<<<

Income Tax Return India Instruction Last Date >>>CLICK HERE<<< Income Tax Return India Instruction 2012 13 Last Date 2012-13 It explains how to file Income Tax Returns after the deadline,last date for filing ITR,penalties on late Filing of return for FY 2012-13 or

More information

ROUTINE PROCEDURES

ROUTINE PROCEDURES A. REGISTRATION ROUTINE PROCEDURES AS SERVICE Procedure, conditions and safeguards for registration under service tax will be as prescribed by CBE&C by order rule 4(9) of Service Tax Rules, inserted w.e.f.

More information

Summons, Investigation, Audit, Special Audit, Show cause Notice, Appeals. Bharat Raichandani Advocate

Summons, Investigation, Audit, Special Audit, Show cause Notice, Appeals. Bharat Raichandani Advocate Summons, Investigation, Audit, Special Audit, Show cause Notice, Appeals Bharat Raichandani Advocate Section 14 of CEA, 1944 - Power to summon persons to give evidence and produce documents in inquiries

More information

Rate of service tax restored to 12% As per section 66, rate of service tax is 12% of the value of taxable services. However, in February 2009, the

Rate of service tax restored to 12% As per section 66, rate of service tax is 12% of the value of taxable services. However, in February 2009, the Rate of service tax restored to 12% As per section 66, rate of service tax is 12% of the value of taxable services. However, in February 2009, the rate of service tax was reduced to 10% vide Notification

More information

[Chapter IX] Edition NBC, Chartered Accountants and member of Allinial Global Accounting Association. All Rights Reserved.

[Chapter IX] Edition NBC, Chartered Accountants and member of Allinial Global Accounting Association. All Rights Reserved. [Chapter IX] Edition 7 Contents Furnishing details of outward supplies [S. 37] Furnishing details of inward supplies [S. 38] Furnishing of Returns [S. 39] First Return [S. 40] Claim of input tax credit

More information

BCAS LECTURE MEETING 20 st May by CA Raman Jokhakar B. D. Jokhakar & Co.

BCAS LECTURE MEETING 20 st May by CA Raman Jokhakar B. D. Jokhakar & Co. BCAS LECTURE MEETING 20 st May 2008 by CA Raman Jokhakar B. D. Jokhakar & Co. Who is required to file a return When is it required to be filed Which form is required to be used How is the return to be

More information

CA IPCC Taxation Nov 2014 solutions (Both Direct and Indirect taxes) CA N Rajasekhar M.Com FCA DISA (ICAI) Chennai

CA IPCC Taxation Nov 2014 solutions (Both Direct and Indirect taxes) CA N Rajasekhar M.Com FCA DISA (ICAI) Chennai CA IPCC Taxation Nov 2014 solutions (Both Direct and Indirect taxes) Compiled by This questions were solved by me under examination conditions within 2 hours 40 minutes and later on typed adding solution

More information

TAYO ROLLS LIMITED. (A Enterprise) Regd. Office : Annex - 2, General Office Premises, Tata Steel Ltd., P.O. & P.S. Bistupur Jamshedpur

TAYO ROLLS LIMITED. (A Enterprise) Regd. Office : Annex - 2, General Office Premises, Tata Steel Ltd., P.O. & P.S. Bistupur Jamshedpur TAYO ROLLS LIMITED (A Enterprise) Regd. Office : Annex - 2, General Office Premises, Tata Steel Ltd., P.O. & P.S. Bistupur Jamshedpur 831 001 NOTICE IS HEREBY GIVEN THAT AN EXTRAORDINARY GENERAL MEETING

More information

ARTICLE. On Finance Bill (Budget) Proposals 2013 Income Tax Act, 1961 By CA. SATISH AGARWAL

ARTICLE. On Finance Bill (Budget) Proposals 2013 Income Tax Act, 1961 By CA. SATISH AGARWAL ARTICLE On Finance Bill (Budget) Proposals 0 Income Tax Act, 96 By CA. SATISH AGARWAL Mobile : +99808957 Phone : +95769 Office : 9/4, East Patel Nagar, (Near Jaypee Sidharthe Hotel) New Delhi - 0008 :

More information

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB- SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB- SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE [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.28/2012-Central Excise (N.T)

More information

Assessment. Chapter XII

Assessment. Chapter XII Chapter XII Assessment 59. Self-assessment 60. Provisional assessment 61. Scrutiny of returns 62. Assessment of non-filers of returns 63. Assessment of unregistered persons 64. Summary assessment in certain

More information

Summary of Notifications, Circulars from 16 th September, 2016 to 15 th October, 2016

Summary of Notifications, Circulars from 16 th September, 2016 to 15 th October, 2016 Summary of Notifications, Circulars from 16 th September, 2016 to 15 th October, 2016 SERVICE TAX 1. Exemption to taxable services provided by State Govt. etc. by way of granting long term lease of industrial

More information

Shri Mahaviray Namah. J. B. NAGAR CPE Study Circle of WIRC

Shri Mahaviray Namah. J. B. NAGAR CPE Study Circle of WIRC Shri Mahaviray Namah J. B. NAGAR CPE Study Circle of WIRC TAX AUDIT: Practical issues Reference Material GUIDANCE NOTE PUBLISHED BY THE ICAI ISSUES ON TAX AUDIT PUBLISHED BY THE ICAI STANDARDS ON AUDITING

More information

TVS-E ACCESS INDIA LIMITED

TVS-E ACCESS INDIA LIMITED ANNUAL REPORT 2009-2010 Board of Directors S S RAMAN R S RAGHAVAN R JAGANNATHAN Registered Office: Jayalakshmi Estates 29, Haddows Road 600 006 Bankers State Bank of India Industrial Finance Branch Anna

More information

Note. Detailed Procedure for Listing of Privately Placed Debentures. Aman Nijhawan Niddhi Parmar

Note. Detailed Procedure for Listing of Privately Placed Debentures. Aman Nijhawan Niddhi Parmar Detailed Procedure for Listing of Privately Placed Debentures Aman Nijhawan aman@vinodkothari.com Niddhi Parmar mt@vinodkothari.com Vinod Kothari & Company Corporate Law Services Group corplaw@vinodkothari.com

More information

Acceptance of Deposits by Companies - CA.B. Kalyan Srinath,

Acceptance of Deposits by Companies - CA.B. Kalyan Srinath, Acceptance of Deposits by Companies - CA.B. Kalyan Srinath, sbkalyan@gmail.com 1. Introduction: The Companies Act, 2013 was assented by the President of India on 29, August 2013 and Published in the Official

More information

1. Change in Rate of Service Tax Section 66B of Finance Act w.e.f 1 st June [Notification No.14/2015-Service Tax, dated 19th May, 2015]

1. Change in Rate of Service Tax Section 66B of Finance Act w.e.f 1 st June [Notification No.14/2015-Service Tax, dated 19th May, 2015] Summary of Notifications, Circulars from 16 th May2015 to 15 th June2015 SERVICE TAX 1. Change in Rate of Service Tax Section 66B of Finance Act w.e.f 1 st June 2015 Section 66B of the Finance Act which

More information

Transferring efficiency Advancing new options. Indirect Tax Seminar Issues and Prospects June 22, 2013 Anjlika Chopra

Transferring efficiency Advancing new options. Indirect Tax Seminar Issues and Prospects June 22, 2013 Anjlika Chopra Transferring efficiency Advancing new options Indirect Tax Seminar Issues and Prospects June 22, 2013 Anjlika Chopra Contents Important obligations under VAT Registration Returns and payment of taxes VAT

More information

THE FINANCE BILL, 2011

THE FINANCE BILL, 2011 Bill No. 8-F of 2011 THE FINANCE BILL, 2011 (AS PASSED BY THE HOUSES OF PARLIAMENT LOK SABHA ON 22ND MARCH, 2011 RAJYA SABHA ON 24TH MARCH, 2011) ASSENTED TO ON 8TH APRIL, 2011 ACT NO. 8 OF 2011 Bill No.

More information

Changes in new MVAT Audit Report in form 704 Whether this new VAT Audit Report in Form 704 has been notified by the Commissioner of Sales Tax? Updated

Changes in new MVAT Audit Report in form 704 Whether this new VAT Audit Report in Form 704 has been notified by the Commissioner of Sales Tax? Updated MVAT AUDIT Amendments to Annexures A to K Form 704 Organised by ICAI OF WIRC Presentation by CA RAJAT B. TALATI rajat@talatico.com ON 8.1.2011 Changes in new MVAT Audit Report in form 704 Whether this

More information

JUST 5 MINUTES TAXCON TM INDIA PRIVATE LIMITED

JUST 5 MINUTES TAXCON TM INDIA PRIVATE LIMITED JUST 5 MINUTES TAXCON TM INDIA PRIVATE LIMITED INCOME TAX 1 CBDT EXTENDS LINKING OF PAN WITH AADHAAR TILL 30TH JUNE 2018 2. ITR FORMS RELEASED FOR THE AY 2018-19 THE CBDT HAS RELEASED THE NEW INCOME-TAX

More information

Service Tax Voluntary Compliance Encouragement Scheme, 2013

Service Tax Voluntary Compliance Encouragement Scheme, 2013 Service Tax Voluntary Compliance Encouragement Scheme, 2013 CHAPTER VI OF FINANCE ACT, 2013 Service Tax Voluntary Compliance Encouragement Scheme, 2013 104. Short title. This Scheme may be called the Service

More information

F.No.:DGEP/EOU/16/2009. Govt. of India. Ministry of Finance. Department of Revenue. Central Board of Excise & Customs

F.No.:DGEP/EOU/16/2009. Govt. of India. Ministry of Finance. Department of Revenue. Central Board of Excise & Customs Circular No. 28/2009-Cus F.No.:DGEP/EOU/16/2009 Govt. of India Ministry of Finance Department of Revenue Central Board of Excise & Customs Directorate General of Export Promotion New Delhi, the 14 th October,

More information

E-filing under MVAT & Profession Tax Laws

E-filing under MVAT & Profession Tax Laws E-filing under MVAT & Profession Tax Laws Presented by CA Somit Goyal On Sunday 17 th June, 2012 For J. B. Nagar CPE Study Circle of WIRC. 1 E Filing under MVAT Laws E Registration E Enrolment E Payment

More information

INDIRECT TAXES- Important for MAY 2015 EXAM

INDIRECT TAXES- Important for MAY 2015 EXAM CA. Raj Kumar ~ 1 ~ IDT-Imp for MAY 2015Exam INDIRECT TAXES- Important for MAY 2015 EXAM (PLEASE Note: First of all revise service tax thoroughly with all amendments) After that cover the followings- (Expected

More information

Salient features of Direct Tax Proposals of Union Budget 2011

Salient features of Direct Tax Proposals of Union Budget 2011 Salient features of Direct Tax Proposals of Union Budget 2011 RATES OF INCOME-TAX FOR THE ASSESSMENT YEAR 2012-13 o Tax slab rates have been changed for individuals and HUF, which is given by way of a

More information

FINAL November INDIRECT TAXATION Test Code 67 Branch (MULTIPLE) (Date : ) All questions are compulsory.

FINAL November INDIRECT TAXATION Test Code 67 Branch (MULTIPLE) (Date : ) All questions are compulsory. FINAL November 2017 INDIRECT TAXATION Test Code 67 Branch (MULTIPLE) (Date : 10.09.2017) (50 Marks) Note: All questions are compulsory. Answer 1(6 Marks) Status Holders are business leaders who have excelled

More information

Prudence and Simplicity

Prudence and Simplicity Prudence and Simplicity Kotak Mahindra Trusteeship Services Limited ANNUAL REPORT 2012-13 DIRECTORS REPORT To the Members of KOTAK MAHINDRA TRUSTEESHIP SERVICES LIMITED The Directors have pleasure in presenting

More information

Revision of Guidance Note on Tax audit under section 44AB of the Income-tax Act, 1961

Revision of Guidance Note on Tax audit under section 44AB of the Income-tax Act, 1961 Revision of Guidance Note on Tax audit under section 44AB of the Income-tax Act, 1961 The Guidance Note on Tax audit under section 44AB of the Income-tax Act, 1961 was revised in the year 2005 taking into

More information

2. Amendment in Mega Exemption Notification 25/2015

2. Amendment in Mega Exemption Notification 25/2015 Summary of Notifications, Circulars from 16 th April2015 to 15 th May 2015 GOODS & SERVICES TAX 1. The Lok Sabha passes the 122 nd Constitutional (GST) Amendment Bill, 2014 Way back in the year 2004, Dr.

More information