No disallowance u/s 43B for unpaid sales tax liability shown as contingent liability Citation of the Case-: DCIT vs. M/s. Escorts Construction Equipment Ltd. (ITAT Delhi), Income tax (Appeal) no.1860 of 2011, Date of Judgment: 16/10/2015 Brief of the Case ITAT Delhi held In the case of DCIT vs. M/s. Escorts Construction Equipment Ltd. that […]
How to Open NPS Account Online and Tax Benefits ? Guidelines for Online Registration NPS Trust welcomes you to ‘eNPS’ ,which will facilitate:- ➤ Opening of Individual Pension Account under NPS (only Tier I / Tier I & Tier II) ➤ Making initial and subsequent contribution to your Tier I as well as Tier II […]
Why Service Tax Returns Get Rejected after filing – Reasons Some Service Tax returns gets rejected after uploading of the XML file for the ST3 return, mainly due to the following reasons:- 1. Incorrect selection of return type – whether it is ?Original? or ?Revised? return. 2. When the Financial Year and the Period of […]
Tips to improve your CIBIL score Your CIBIL score is a three digit number, in the range 300-900. In today’s date this number has assumed immense significance with banks unwilling to lend to anyone who does not have a score above 750. It is a good financial practice for you to make a constant effort […]
How to Register a Copyright in India Copyright is a legal or statutory right conferred by the law to creators of literary, dramatic, musical and artistic works and producers of cinematography films and sound recordings. Unlike trademark and patent, copyright protects the expression and not the idea. Further, copyright registration cannot be obtained for titles […]