Limited Scrutiny into a Complete Scrutiny case Vide Instruction No. 20/2015 dated 29.12.2015 in File of even number, Board has notify Standard Operating Procedure for handling of ‘Limited Scrutiny’ case which were selected by aid of Computer Aided Scrutiny Selection in ‘CASS Cycle 2015’. In these cases,
Taxability of various softwares in service tax Service Tax issues in IT and ITES Sector needs for preventive Indirect Tax Audits Software always the soft target of multiplicity of indirect taxes like Excise duty, VAT, Service tax and Customs. All major indirect taxes apply to this industry and this has created more confusion, more litigation […]
Background and legal position – Service Tax Audits by Department Service Tax law also operates under the concept of self-assessment like income tax laws, The assessee self assesses his/her tax and pays the service tax dues at particular time intervals as prescribed . All the business transactions are disclosed to the revenue by filing of […]
Sovereign Gold Bonds 2016-17 – Series I Government of India has announced that the Sovereign Gold Bonds 2016 – Series I will be open for subscription from July 18, 2016 to July 22, 2016. and it has with prior notice, close the Scheme before the specified period. The terms and conditions of the issuance of […]
For success of GST use Billing Software GST system depends on matching of supplier GST liabilities with relevant input GST credit claims by receivers of goods or services.