taxation

To constitute interstate sales, one of the basic requirement is that there should be sale. If a person sends goods outside from its state to its branch office in another state then it is not sale because you cannot sell goods to yourself. Similarly if a dealer sends goods to its agent in another state who stocks and sells goods on behalf of the ..

The Excise and Taxation Department, Government of Punjab has amended rule 21 of Punjab VAT rules to add sub rule 2-A in the said rule to provide for that ITC shall be allowed to a taxable person to the extent of tax payable on the resale value of goods or sale value of manufactured/processed goods where such goods are sold below the purchase price in case of res..

For registration under the Punjab VAT Act 2005 one of the requirement u/s 25(1) is furnishing of security for securing the payment oftax under PVAT Act 2005. This requirement is ..

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  (1) A sales tax practitioner shall be eligible for having his name entered in the list of sales tax practitioners maintained under section 82, if – span style="font-size:12.0pt;line-height:115%;fo..

  Experts’ opinions, newspaper editorials and even comments on CA Club website lavishly talk ab..

  Several exemptions are being afforded as a matter of necessity so much that GST is being opposed by..

  Professional Tax - Means income derived from a profession.  ..

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  A DISCUSSION ON SETTLEMENT COMMI..

Goods and Service tax (GST) is the most talked about topic in the field of indirect taxation today in India. Everybody is keenly waiting for the proposed GST draft which will replace the existing system..

PROCEDURAL PROVISIONS RELATING TO TDS AND FILING OF TDS STATEMENTS UNDER INCOME TAX ACT 1961   link href="file:///C:%5CDOCUME%7E1%5CADMINI%7E1%5CLOCALS%7E1%5CTemp%5Cmsohtml..

PRESUMPTIVE INCOME SCHEMES FOR SMALL ASSESSEES UNDER INCOME TAX ACT 1961   link href="file:///C:%5CDOCUME%7E1%5CADMINI%7E1%5CLOCALS%7E1%5CTemp%5Cmsohtml1%5C01%5Cclip_filelis..

FILING INCOME TAX RETURN AFTER DUE DATE   o:sm..

A big Flaw and Mistake in The Punjab VAT Act 2005   link href="file:///C:%5CDOCUME%7E1%5CADMINI%7E1%5CLOCALS%7E1%5CTemp%5Cmsohtml1%5C01%5Cclip_filelist.xml" rel="File-List..