Author: administrator

Application for registration u/s 12A-No pre-requirement to show and establish having undertaken charitable activities before filing such application

In a recent judgment, ITAT Delhi has held that it is not pre-requirement for seeking registration u/s 12A of the Income tax Act, 1961 that the applicant must show and establish having undertaken charitable activities before filing such application for registration u/s 12A. Case Details: ITA No. 3766 …

CENVAT Credit Rules Amendment 2016. Option of not maintaining separate accounts-6% of value of exempted goods 7% of value of exempted services accounts

CENVAT Credit Rules amendment regarding option to pay tax by the manufacturer of goods or the provider of output service, opting not to maintain separate accounts. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No. 23 /2016- Central Excise (N.T.) New Delhi, the 01st April, 2016 G.S.R. …

Delhi High Court also Stays Service Tax on Senior Advocates

Two days after the Gujarat High Court stayed service tax on senior advocates, today, a division bench of the Delhi High Court comprising of Justice S. Muralidhar and RK Gaub also stayed the withdrawal of service tax exemption to Senior Advocates. The Delhi High Court stayed provisions of Notification Nos. 18/2016-ST and …