Jul 26, 2014

ITR 6 income tax form in java format Asst year 2014-15

The income tax department issued ITR 6 income tax return form for the assessment year 2014-15 in java format which will work both online a...

Jul 16, 2014

TDS rates for FY 2014-15 and AY 2015-16

Recent budget made some modification in TDS rates as some new income sources attract TDS. So TDS rate list for financial year 2014-15 rele...

Jul 15, 2014

Amendments in TDS rule in budget

There are some amendments in TDS rules in union budget 2014 which are as under. Section 194LC  In section 194LC of the Income-tax Ac...

Income tax special provision relating to business trusts- Chapter XII FA

SPECIAL PROVISIONS RELATING TO BUSINESS TRUSTS 115UA. (1) Notwithstanding anything contained in any other provisions of this Act, any in...

100% deduction u/s 80G on contribution on Uttrakhand disaster

The income tax department issued a note regarding 100% deduction allowed on contribution made to Uttrakhand disaster last year under sectio...

Jul 14, 2014

Income tax calculator for FY 2014-15 and AY 2015-16

Income tax rate slab changed for financial year 2014-15 and the analysis year 2015-16 on the union budget. Now income tax exemption is rai...

How to distribute service tax modvat- Service tax circular

Service tax department issued a circular no. 178 dated 11 July 2014 about Manner of distribution of common input service credit under rule...

Fertilizers valuation for levy of excise duty

Central excise department issued a circular no. 983 dated 10 July 2014 about valuation of fertilizer for levy of excise duty and inclusion...