Service Tax – 10% or 12% – Delhi HC quashes two Circulars imposing higher rate of Service tax Posted: 04 Feb 2013 05:42 PM PST What would be the rate of Service tax where the service is provided by the Chartered Accountants prior to 01.04.2012 and the invoice is also issued prior to 01.04.2012 but the payment is received after 01.04.2012. Posted: 04 Feb 2013 05:40 PM PST On Goods and Service Tax (GST) front, there is a news to cheer about. The Empowered Committee of State Finance Ministers which met for two days on 28-29 January, 2012 cleared the major hurdles in introduction of GST. |
LTCG Exemption Upheld: ITAT Restores Section 10(38); Quashes Addition Based
on Suspicion
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ITAT Delhi rules in favor of assessee, upholding Section 10(38) LTCG
exemption and rejecting 'penny stock' allegations due to lack of evidence
and proced...
2 hours ago
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