Fw: TaxGuru : “New System of Filing of ITR- A Total Reversal of Taxation Reforms” plus 5 more

New System of Filing of ITR- A Total Reversal of Taxation Reforms Posted: 24 Jun 2013 08:12 PM PDT We, in our country, have very specific set of law makers and they make the rules and regulations, specially the rules and regulation affecting the Tax payer public in a very strange way. Sometimes they brought a new of rules and procedures in the name of tax reforms and user friendly and then in a...

TDS on Transfer of Immovable Property u/s.194-IA of Income-tax Act, 1961 Posted: 24 Jun 2013 07:11 PM PDT With a view to prevent undervaluation and under-reporting of transactions in the real estate sector and also to collect tax at the earliest point of time, vide the Finance Act, 2013, a new section 194-IA has been inserted with effect from 1 June, 2013 to introduce TDS at the rate of 1% on the value...

Entry Tax in Uttarakhand-A Reality Posted: 23 Jun 2013 10:15 PM PDT In order to discuss Entry Tax in Uttarakhand, it will be imperative to go through The Uttarakhand Tax on Entry of Goods into Local Areas Act, 2008. Interpretation of statutes, The Constitution of India.

External Commercial Borrowings (ECB) for low cost affordable housing projects Posted: 23 Jun 2013 11:56 AM PDT Housing Finance Companies (HFCs) while making the applications, shall submit a certificate from NHB, the nodal agency, that the availment of ECB is for financing prospective owners of individual units for the low cost affordable housing; ensure that cost of such individual units does not...

Customs – Regarding Introduction of Risk Management Systems (RMS) in Exports Posted: 23 Jun 2013 11:38 AM PDT Attention is invited to the Board Circular No.43/2005-Cus dated 24.11.2005 whereby Risk Management System (RMS) was introduced in Imports as a trade facilitation measure and for selective interdiction of high risk consignments for Customs control.

Customs House Agents Licensing Regulations, 2013 Posted: 20 Jun 2013 08:29 PM PDT NOTIFICATION NO 65/2013 – Cus.,(N.T.), Dated: June 21, 2013 In exercise of the powers conferred by sub-section (2) of section 146 of the Customs Act, 1962 (52 of 1962), and in supersession of the Customs House Agents Licensing Regulations 2004 , except as respect things done or omitted to be...