How to Download Form 16 Part A from TDSCPC website

How to Download Form 16 Part A from TDSCPC website Posted: 22 Apr 2013 07:09 PM PDT CBDT has made it mandatory for TDS deductors to issue PART A of from No. 16 for TDS deduction made on or After 01.04.2012 to by generating it through TRACES Portal and after duly authenticating and verifying it. Part B (Annexure)' of Form No. 16 shall be prepared by the deductor manually and issued... Part A of Form 16 to be generated from TRACES portal & Part B Manually Posted: 22 Apr 2013 06:16 PM PDT The deductor, issuing the Part A of Form No. 16 by downloading it from the TRACES Portal, shall, before issuing to the deductee authenticate the correctness of contents mentioned therein and verify the same either by using manual signature or by using digital signature in accordance with sub-rule... Transfer Pricing: Even Business Advance Has To Be At Libor ALP – ITAT Mumbai Posted: 22 Apr 2013 05:52 PM PDT Since the issue of LIBOR has been considered and decided by the Tribunal in various cases as relied upon by the assessee (supra); therefore, to maintain the rule of consistency, we follow the decision of the coordinate Benches of this Tribunal, and accept LIBOR for benchmarking interest on interest... Tolerable limit notified for determination of ALP – 1% for wholesale traders & 3% in other cases Posted: 22 Apr 2013 12:04 PM PDT Central Government hereby notifies that where the variation between the arm's length price determined under section 92C and the price at which the international transaction or specified domestic transaction has actually been undertaken does not exceed one per cent of the latter for wholesale... Services for installation of storage tank for storage of inputs outside factory are input services Posted: 22 Apr 2013 06:52 AM PDT We are sharing with you an important judgement of Hon'ble Mumbai High Court in the case of M/s Deepak Fertilizers and Petrochemicals Corpn. Ltd. Versus Commissioner of Central Excise [(2013] 32 taxmann.com 135 (Bombay)] on following issue: Issue: Whether Services in relation to erection,... Police action under Prize Chits and Money Circulation Schemes (Banning) Act, 1978 Posted: 21 Apr 2013 07:57 PM PDT State Governments Requested to issue Instructions to their Police for Vigorous Action under the Prize Chits and Money Circulation Schemes (Banning) Act, 1978 The Minister of Corporate Affairs has written to State Chief Ministers requesting State Governments to issue instructions to their State... CBEC Instructions consequent to Scanning & Digitization of APARs w.e.f. FY 2013-14 Posted: 21 Apr 2013 07:52 PM PDT As you are aware, DOP&T and Board has been emphasising the need to complete the APARs of officers/employees as per the time schedule fixed by DOPT. It has however been noted with concern that various proposals relating to promotions/empanelment/deputation of officers etc. are unduly delayed... Exemption in respect of services provided to exporters against VKGUY Scrips Posted: 21 Apr 2013 07:49 PM PDT Notification No. 08/2013 - Service Tax, This notification shall be applicable to the Vishesh Krishi and Gram Udyog Yojana (Special Agriculture and Village Industry Scheme) duty credit scrip issued to an exporter by the Regional Authority in accordance with paragraph 3.13.2 of the Foreign Trade... Exemption in respect of services provided to exporters against Focus Product Scheme (FPS) Scrips Posted: 21 Apr 2013 07:46 PM PDT Notification No. 07/2013 - Service Tax, Application. – This notification shall be applicable to the Focus Product Scheme duty credit scrip issued to an exporter by the Regional Authority in accordance with paragraph 3.15 of the Foreign Trade Policy. Exemption in respect of services provided to exporters against FMS Scrips Posted: 21 Apr 2013 07:42 PM PDT Notification No.06/2013 - Service Tax - Hereby exempts the taxable services provided or agreed to be provided against a scrip by a person located in the taxable territory from the whole of the service tax leviable thereon under section 66B of the said Act. Exporters can utilize 4% re-credited SAD till 30.09.2013 Posted: 21 Apr 2013 06:31 PM PDT The exporters will now be able to utilize 4% re-credited SAD till 30.09.2013. No further endorsement is required from RA for revalidation. No further extension would be considered. Amendment in Import Policy of Fish Body Oil (Refined) Posted: 21 Apr 2013 06:30 PM PDT The prescribed standard of EPA & DHA content in Fish Body Oil (Refined) has been revised to 'Not less than 5% by weight' without any upper limit. Amendment in Policy Condition 1 to Chapter 40 of ITC(HS), 2012 Posted: 21 Apr 2013 06:27 PM PDT Presently, the bracketed portion at the end of Policy Condition 1 appended to Chapter 40 of ITC (HS) 2012, Schedule 1 (Import Policy) reads as under: [This policy condition applies to EXIM codes 4012 11 00, 4012 12 00, 4012 13 00, 4012 19 10, 4012 19 20, 4012 20 10, and 4012 20 90]. DGFT restricts Import of items containing Ozone Depleting Substances (ODS) Posted: 21 Apr 2013 06:24 PM PDT Import of items containing Ozone Depleting Substances (ODS) has been restricted and non-ODS items have been made free. A revised list of countries which are parties to the Montreal Protocol under Appendix IV to Schedule 1 is notified. To redress grievances DGFT may provide Personal Hearing Posted: 21 Apr 2013 06:21 PM PDT As a last resort to redress grievances of Importers/Exporters, DGFT may provide an opportunity for Personal Hearing (PH). For such PH, a specific request has to be made to DG if following conditions are satisfied: Import of Capital Goods for production/transmission of energy(power) will no longer be available Posted: 21 Apr 2013 06:19 PM PDT 5.1(g) Authorization under EPCG Scheme shall not be issued for import of any Capital Goods (including Captive plants and Power Generator Sets of any kind) for i. Export of electrical energy (power) ii.Supply of electrical energy (power) under deemed exports iii.Use of power (energy) in their own...