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 …
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 1st April, 2016 Sub: Request to taxpayers to avail facility for online rectification – regarding Income-tax Act provides the taxpayer with an option to seek rectification of mistakes apparent from …
As per Rule 3 of Point of taxation Rules (PoT), 2011 , determination of point of taxation is the time when the invoice for the service provided or agreed to be provided is issued. CBDT has vide notification 21/2016 has amended Rule 7 to provide for POT in cases of …
The Union Budget 2016-17 has proposed withdrawal of the service tax exemption to senior advocates in relation to services provided to other advocates or partnership law firms. Accordingly Service Tax Notification 18/2016 and Notification No. 09/2016 had been issued. The said withdrawal of exemption to senior advocates was challenged in …
The Startup Mobile Application shall be made available from 5 PM on 1st April 2016 Frequently Asked Questions-Startup India # Question Response 1. What qualifies as a “Startup” for the purpose of Government schemes? An entity (Private Limited Company or Registered Partnership Firm or Limited Liability Partnership) shall be considered …
Startup India Portal and Mobile App Launched Ministry of Commerce and Industry Press Release The Startup India portal http://startupindia.gov.in, and mobile app have been launched by Secretary, DIPP, Mr. Ramesh Abhishek in New Delhi today. The key features of the portal and app are the following: Information Availability: The …
