Notification for Extension of date for receipt of ITR-Vs in CPC, Bengaluru, for the cases of AY 2012-13 and 2011-12 received in e-filed in FY 2012-13.

0 comments Sunday, September 15, 2013
There are many taxpayers who have uploaded their Income Tax Returnselectronically (without digital signature Certificate) for A.Y. 2011-12 [filed during F.Y. 2012-13] and for ITRs ofA.Y. 2012-13 [filed on or after1.4.2012], but have either not filed the corresponding ITR-V or have filed it with the local Income-tax office.
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Plywood exempted from E-trip under Punjab VAT act, 2005

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As the news has been coming  that a lump sum tax scheme under Punjab VAT Act, 2005 for plywood industries will be soon notified, the plywood therefore has been exempted from the list of specified goods for the purpose of e-trip.

E-trip is a mechanism whereby one has to report the intra-state i.e within state transactions of specified goods and specified monetary limits only on the website of the Excise and Taxation Department, Punjab.
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Clarifications on E-trip and E-icc

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The Commissioner Excise and Taxation Punjab has issued a clarificaton that "Goods and Materials obtained from cutting of old ships and boats" as well as the :heavy melting scrap" are covered under the entry "irobn and steel" for the purposes of E-trip.

It also has been clarified that only the goods covered in order dated 17-07-2013 relating to e-trip and e-icc are the only goods for e-trip and e-icc needs to be done.
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