Clarification regarding applicability of provisions of Section 194-I to payments made by the customers on account of cooling charges to the cold storage owners. Representations have been received from various… Read more »
Circular no. 8/2012 [F.NO. 275/192/2012-IT(B)], DATED 5-10-2012 Reference is invited to Circular No. 05/2011, dated 16-8-2011 whereby the rates of deduction of income-tax from the payment of income under the… Read more »
TDS (tax deducted at source) Rate Chart for Financial year 2012-13 is given below. Sl. No. Section Of Act Nature of Payment in brief Cut Off Amount Rate % 01.04.2012… Read more »
Section 67 of the Act has made provision for valuation of taxable service for charging service tax. According to Section 67(1)(a) of the Act where there is a monetary consideration… Read more »
After withdrawal of circular No. 786 of 2000, vide CBDT circular 7/2009 there is a lot of confusion in mind of exporters relating to deduction tax at source on commission… Read more »
New File Validation Utilities – FVU 3.6 & 2.133 has been released pertaining to validation of eTDS & eTCS returns and will be exclusively applicable with effect from 16th Oct… Read more »