Digital Signature Certificate made mandatory w.e.f 1st July 2011 for Firms and Individuals

0 comments Wednesday, July 13, 2011
Digital Signature Certificate made mandatory w.e.f 1st July 2011 for Firms and Individuals whose accounts are required to be audited u/s 44 AB of the Income Tax Act' 1961. Click here to download notification no. S.O. 1497(E) dated 1st July 2011 in this regard.
 
 
The users belonging to above mentioned categories who have already registered their digital-signatures may continue to file this year's return also with same DSC. However, the users who are applying for new digital-signatures for registration and subsequent e-filing of returns are advised to apply for DSC-with-encrypted-PAN only.


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If the last day of payment of tax is Sunday then the payment of tax on next day is considered within time-Relevant Law and case laws.

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Tax under Punjab VAT Act 2005 needs to be deposited by a dealer within a period of 30 days in case of cash and 20 days in case of  payment by cheque from the end of the quarter or month as the case may be depending upon the fact whether dealer is required to file return quarterly or monthly.
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Carry forward of unabsorbed depericiation is automatic-Ahmedabad ITAT

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I have found the following Judgement of Ahmedabad ITAT as very important wherein it has been held that carry forward of unabsorbed depericiation is always automatic and no prior particular conditions are required to be fulfilled for carry forward of unabsorbed depericiation.
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