Certain Sections notified w.e.f 01.12.2016 of Insolvency and Bankruptcy Code 2016

Certain Sections notified w.e.f 01.12.2016 of Insolvency and Bankruptcy Code 2016 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 30th November, 2016 S.O. 3594(E).—In exercise of the powers conferred by sub-section (3) of section 1 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016),

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SERVICE TAX – (Notification No. 51/2016-Service Tax) SEEKS TO AMEND PLACE OF PROVISION OF SERVICES RULES, 2012 SO AS TO EXCLUDE ONLINE INFORMATION AND DATABASE ACCESS OR RETRIEVAL SERVICES

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NEW DELHI Notification No. 51/2016-Service Tax Dated: 30th November, 2016 G.S.R._____(E).- In exercise of the powers conferred by sub-section (1) of section 66C and clause (hhh) of sub-section (2) of section 94 of

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SERVICE TAX EXEMPTION TO PACKAGED / CUSTOMIZED SOFTWARE

SERVICE TAX EXEMPTION TO PACKAGED / CUSTOMIZED SOFTWARE Presently, software in India is subject to levy of multiple taxes in the form of Central Excise, Customs duty, Service Tax and Value added tax (VAT) as follows- Pre-packaged software is goods and leviable

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Krishi Kalyan Cess – Accounting Code & Rules

Krishi Kalyan Cess – Accounting Code & Rules CBEC has notified”Accounting code for payment of Krishi Kalyan Cess (KKC)” by the assessees. Also it has issued Notification on issues relating to Krishi Kalyan Cess, like CENVAT Credit etc. A. Accounting Code for

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Depreciation Rate Chart As Per Income Tax For 2016-17

What Is Depreciation While computing profits and gains from business or profession, a taxpayer can claim depreciation on all those assets which he has acquired and used for the purpose of his business or profession. Different depreciation rates are prescribed for different

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Notification No. F.3(643)/POLICY/VAT/2016/1585-1597 (Applicability of Digital Signature on DVAT Return)

GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES VYAPAR BHAWAN, I.P. ESTATE, NEW DELHI-110002  No. F3(643)/Policy/VAT/2016/157-169 Dated: 03/05/2016  NOTIFICATION  In exercise of the powers conferred on me under the fourth proviso to sub-rule (3) of rule 28 of

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Lesson 68 – How to create a Invoice with multiple Tax category

How to create a Invoice with multiple Tax category Recently a viewer send a mail for configure multiple tax calculation in a single invoice.  The Question was “How do I write an invoice that has a service and stock item for a

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Changes in CENVAT Credit Rules, 2004

To simplify the provisions related to availment of CENVAT Credit in respect of service tax paid on acquiring right to use of natural resources Central Government has made changes in Rule 4(7) of CENVAT Credit Rules, 2004 vide Notification No. 24/2016-CE (N.T),

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