Month: January 2015

Mandatory Pre Deposit – An Overview

Finance Bill (No.2) 2014 has vide Clause 98 has proposed an amendment in Section 35F of Central Excise Act that the appeal against an Order passed by lower authorities will not be entertained unless the

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VAT Dealer and Department-Maharashtra Vat Audit

VAT Dealer and Department-Maharashtra Vat Audit
As the last date of submission of Maharashtra VAT Audit Report is 15th of January 2015.
VAT Audit applies to whom?
If the Annual Turnover is more than Rs.

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Meaning of Calculation of Assessed Tax for the Interest under section 234B

We regularly face situations where we are required to compute interest under section 234B of the IT Act, 1961 Whereas, the present scenario is that this interest calculation is automatically done in the income tax

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