PVAT Circular regarding deposit of Advance Tax into Refund Fund New,VAT-07-2013/300-375 dated 18/12/2013....

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No. Web 4 /H.A.6/2003/S.60/2013.- The following draft of the rules further toamend the Haryana Value Added Tax Rules, 2003, which the Governor of Haryana proposesto make in exercise of the powers conferred by sub-section (1) of section 60 of the HaryanaValue Added Tax Act, 2003 (6 of 2003), is published below for the information of personslikely to be affected thereby. Notice is hereby given that the draft of the rules shall be taken intoconsideration by the Government on or after the expiry ...

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No. Web.5/H.A. 6/2003/S.60/2013. - The following draft amendment furtherto amend the Haryana Value Added Tax Rules, 2003, which the Governor ofHaryana proposes to make in exercise of the powers conferred by sub-section(1) of section 60 of the Haryana Value Added Tax Act, 2003 (6 of 2003), ispublished below for the information of persons likely to be affected thereby. Notice is hereby given that the draft amendment shall be taken intoconsideration by the Government on or after the expiry of a ...

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InstructionNo. 18th/ 2013,dated the 17th of December, 2013 Subject: – Issue of Intimation under section 143(1) of Income-tax Act, 1961 beyond time-regarding. Several instances have come to the notice of the Board Where due to certain technical or other reasons (which inter-alia included wrongmigrationof PAN and delayed release ofreturnsby the Centralized Processing Cell to the jurisdictional authorities), intimation in refund cases could not be sent to the concerned assessees within ...

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CIRCULARNo 10/DV/2013 (Departmental View) F. No. 279/Misc./M-61/2012-ITJ (Vol.-II) Government of India Ministry of Finance Department of Revenue CentralBoard ofDirect Taxes New Delhi, the December 16th 2013 Subject:Circularon Section 40(a)(ia) of theIncome TaxAct, 1961-reg. It has been brought to the notice ofthe Boardthat there are conflicting interpretations by judicial authorities regarding the applicability of the provisions of section 40(a)(ia) of the Income-taxAct, 1961 (`the A...

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TRADE CIRCULAR No.704 Cell/2013-2014 Trade Cir. No. 10T of 2013 Mumbai, dt. 16/12/2013 Subject :Physical Submission of Audit Report in Form 704 for the financial year 2012¬2013 Ref: 1)Government Notification No. VAT/ AMD -1009/1B/Adm-6 dated 26th August, 2009. 2) Trade Circular No 27T of 2009 dated October 2009. 3) Trade Circular No 16T of 2011 dated 11 th November, 2011 4) Government Notification No: VAT-1512/CR-139/Taxation-1 dated 21st November 2012 5) Trade Circular No 19T o...

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Ministry has received representations seeking clarification on disclosures to bemade under section 182 of the companies Act, 2013. The same have been examined.with the coming into force of the scheme relating to'Electoral rrust companies'in termsof section (24M) of the Income Tax Act, 1961 read with Ministry of Finance NotificationNo. s.o.309(E) dated 31st January, 2013 it will be expedient to explain the requirementsof disclosure on paft of a company of any amount or amounts contributed by it...

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Category : Corporate Laws | Comments : 0 | Hits : 1179

 Buy goods from a trusted seller who files return and thereby pays due tax collected fromyou.  Mere 2B statement filing by selling dealer not sufficient – selling dealer needs to back it upwith return.  Some selling dealers disappear before last date of filing returns - Not only would you loseinput tax credit and pay the same with interest and penalty but also face criminalprosecution for producing tax invoices from such selling dealers. Strict Civil & ...

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Circular No. 976/10/2013-CX F. No. 201/14/2013-CX.6 Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs New Delhi, the 12thDecember, 2103 To All Chief Commissioners of Central Excise & Customs, All Chief Commissioners of Central Excise, All Directors General, Sir / Madam, Sub:-Extension of warehousing and acceptance of LUT in place of Bank Guarantee for export warehousing for Status Holder Manufacturer Exporters – reg....

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Filing of R.10 block of Form 1 for 2009-10,2010-11,2011-12 & 2012-13 and for 2nd Quarter return of 2013-14 - extension of period thereof....

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OFFICE ORDER [F.NO.500/59/2003-FTD-I],DATED 10-12-2013 In consequence to the officeorder dated 6th December, 2013regarding revision of work distribution between Joint Secretary (FT&TR-I) and Joint Secretary (FT&TR-II), the work distribution among the Director (FT&TR-I), Director (FT&TR-III) and Director (APA) under the Central Board of Direct Taxes (CBDT) is revised as under:— Officer Work Allocated Director (FT&TR-I) 1. All matters relating to...

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Standardizing the process of filing application for approval of an Electoral Trust. ...

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RBI/2013-14/406DBOD.No.BP.BC.76/21.04.157/2013-14 December 9, 2013 All Scheduled Commercial Banks(Excluding RRBs and LABs) &All India Term-Lending & Refinancing Institutions Madam / Sir, Novation of OTC Derivative Contracts Please refer to ourcirculars DBOD.No.BP.BC.86/21.04.157/2006-07 dated April 20, 2007on Comprehensive Guidelines on Derivatives andDBOD.No.BP.BC.44 /21.04.157/2011-12 dated November 2, 2011on Comprehensive Guidelines on Derivatives: Modifications permitting novati...

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RBI/2013-14/403UBD.CO.BPD.(PCB).Cir.No.42/12.05.001/2013-14 December 6, 2013 To,The Chief Executive OfficerAll (Primary) Urban Co-operative Banks Dear Sir / Madam, Charges Levied by Banks for Sending SMS Alerts Please refer to paragraph 37 of the Second Quarter Review of Monetary Policy Statement 2013-14 announced on October 29, 2013 (extract enclosed) on 'Customer Service- Charges Levied by Banks for Sending SMS Alerts'. 2.In this connection, a reference is also invited to ourcircular U...

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RBI/2013-14/402IDMD.PCD. 08/14.03.01/2013-14 December 5, 2013 To All market participants Dear Sir/Madam Exchange-Traded Interest Rate Futures As announced in theSecond Quarter Review of Monetary Policy 2013-14, it has been decided to introduce cash settled Interest Rate Futures (IRF) on 10-year Government of India security. 2. The Reserve Bank of India has accordingly issued a Notification IDMD.PCD.07 /ED (RG) - 2013 dated December 5, 2013 introducing cash settled IRF on 10-year Governmen...

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RBI/2013-14/401UBD.CO.BPD.(PCB).Cir.No. 41/12.05.001/2013-14 December 5, 2013 To, The Chief Executive OfficerAll Urban Co-operative Banks Dear Sir / Madam, Timely Issue of TDS Certificate to Customers It has been brought to our notice that some banks are not providing TDS Certificate in Form 16A to their customers in time, causing inconvenience to customers in filing income-tax returns in time. 2. With a view to protecting the interests of depositors and for rendering better customer serv...

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CIRCULAR NO.28 Dated: 03-12-2013,Procedure for Voluntary Disclosure of Tax Deficiency u/s 87(6) of the DVAT Act2004....

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RBI/2013-14/398RPCD.No.FSD.BC.71/05.04.02/2013-14 December 4, 2013 To,The Chairman / Managing DirectorAll Public & Private Sector Scheduled Commercial Banks Dear Sir Union Budget - 2013-14Interest Subvention Scheme As directed by the Government of India and in pursuance of the budget announcement made by the Finance Minister relating to the Interest Subvention Scheme 2013-14, Interest subvention of 2 % p.a. will be made available to Public Sector Banks (PSBs) and Private Sector Schedule...

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RBI/2013-14/397A.P. (DIR Series) Circular No. 78 December 3, 2013 To All Authorised Dealer Category I Banks Madam / Sir External Commercial Borrowings (ECB) by Holding Companies / Core Investment Companies for the project use in Special Purpose Vehicles (SPVs) Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to theA.P. (DIR Series) Circular No. 5 dated August 1, 2005as amended from time to time relating to the External Commercial Borrowings (ECB). 2. In order to ...

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In continuation of order dated 12.11.2013 on the subject, I, Prashant Goyal, Commissionerof Value Added Tax, Department of Trade & Taxes, Government of NCTof Delhi, in exercise of the powersconferred by section 68 of the Delhi Value Added Tax (DVAT) Act, 2004 (Delhi Act 3 of 2005) read with rule 48of the Delhi Value Added Tax Rules, 2005 do hereby delegate my powers specified in column Nqs. 3 underSection mentioned in column no. 2 to the Officers specified in column 4 of the table appended b...

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RBI/2013-14/390DBOD.BP.BC.No.75/21.04.103/2013-14 December 2, 2013 All Scheduled Commercial Banks(excluding RRBs) Dear Sir, Guidelines on Stress Testing Please refer to the guidelines on stress testing issued videcircular DBOD.No.BP.BC. 101/21.04.103/2006-07 dated June 26, 2007. Banks were required to operationalise their formal stress testing framework in accordance with these guidelines from March 31, 2008. It was expected that the stress testing framework being set up would help banks in...

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RBI/2013-14/389RPCD.MSME & NFS.BC.No.61/06.02.31/2013-14 December 2, 2013 The Chairman/Managing Director/ Chief Executive OfficerAll Scheduled Commercial Banks(Including Regional Rural Banks) Dear Sir / Madam Revised General Credit Card (GCC) Scheme Please refer to ourcircular RPCD.CO.No.RRB.BC.59/03.05.33(F)/2005-06 dated December 27, 2005andcircular no. RPCD.CO.Plan.BC.No.66/04.09.01/2007-08 dated May 06, 2008on the General Credit Card (GCC) Scheme. 2. During Financial Inclusion Plan...

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RBI/2013-14/385DBOD.No.Dir.BC. 69/13.03.00/2013-14 November 29, 2013 To All Scheduled Commercial Banks(Excluding RRBs) Dear Sir / Madam Periodicity of Payment of Interest on Rupee Savings/Term Deposits Please refer to paragraph 23 of the Second Quarter Review of Monetary Policy 2013-14 announced on October 29, 2013 (extract enclosed) on periodicity of payment of interest on savings and term deposits. 2. In this connection, a reference is also invited to paragraph 2 (ii) of our circular DB...

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RBI/2013-14/387DBOD. No. Dir. BC.71/13.03.00/ 2013-14 November 29, 2013 All Scheduled Commercial Banks(Excluding RRBs) Dear Sir/ Madam Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits Please refer to ourcircular DBOD. Dir. BC. 40/13.03.00/2013-14 dated August 14, 2013allowing banks the freedom to offer interest rates on incremental NRE deposits with maturity of 3 years and above without any ceiling in order to pass on the benefit of exemption provided on such d...

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RBI/2013-14/385DBOD.No.Dir.BC. 69/13.03.00/2013-14 November 29, 2013 To All Scheduled Commercial Banks(Excluding RRBs) Dear Sir / Madam Periodicity of Payment of Interest on Rupee Savings/Term Deposits Please refer to paragraph 23 of the Second Quarter Review of Monetary Policy 2013-14 announced on October 29, 2013 (extract enclosed) on periodicity of payment of interest on savings and term deposits. 2. In this connection, a reference is also invited to paragraph 2 (ii) of our circular DB...

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The Safe Harbour rules have been made publicvidenotification dated 18th September, 2013. In order to analyze the number of taxpayers opting for the Safe Harbour, you are requested to provide the following information from the return of income filed till 30th November, 2013: ♦ Name, address, PAN and Assessing Officer of the taxpayer filing Form 3CEFA ♦ Details of eligible international transaction for which benefit under Safe Harbour Rules has been opted 2.You...

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RBI/2013-14/383DNBS.PD.CC.No.361/03.02.002/2013-14 November 28, 2013 To, All NBFCs Dear Sirs, Participation of NBFCs in Insurance sector Please refer to the circularDNBS.(PD).CC.No.13/02.01/99-2000 dated June 30, 2000which contains the Guidelines for entry of NBFCs into Insurance Business issued on June 09, 2000, and subsequent modification carried out vide CircularDNBS.(PD).CCX.No.35/10.24/2003-04 dated February 10, 2004andCC No. 221/03.02.002/2010-2011 dated May 27, 2011.As per the extan...

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RBI/2013-14/382RPCD.CO.RRB.BC.No.60/03.05.33/2013-14 November 26, 2013 The ChairmanAll Regional Rural Banks Dear Sir/Madam, Imposition of Minimum Capital Adequacy Measure of 9% for RRBs The risk weighted assets ratio system as the basis of assessment of Capital Adequacy which takes into account the element of risk in the various types of assets in the Balance Sheet as well as off Balance-sheet exposures was made applicable to banks in India with a view to strengthening their capital base. ...

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Circular No.174/9/2013 – ST F.No.B1/19/2013-TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs (Tax Research Unit) North Block New Delhi, 25thNovember, 2013 To, Chief Commissioners of Central Excise and Customs (All), Director General (Service Tax), Director General (Central Excise Intelligence),Director General (Audit), Commissioners of Service Tax (All) Commissioners of Central Excise (All), ...

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RBI/2013-14/381DBOD. No. Dir. BC. 67/13.10.00/2013-14 November 26, 2013 All Scheduled Commercial Banks(Excluding RRBs) Dear Sir/ Madam Charges Levied by Banks for Sending SMS Alerts Please refer to paragraph 37 of the Second Quarter Review of Monetary Policy Statement 2013-14 announced on October 29, 2013 (extract enclosed) on ‘Customer Service- Charges Levied by Banks for Sending SMS Alerts’. 2. In this connection, a reference is also invited to ourcircular DBOD. No. Dir. BC. ...

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