TCS to apply only on cash portion of sales transaction CBDT clarifies2 comments Friday, June 24, 2016
Welcome clarification by
CBDT on TCS on Cash Sale.
CBDT vide Circular No.
23/2016 dt. 24 June 2016 has clarified on FAQs of stakeholders reg. scope of
the provisions and the procedure to be followed in case of the amended
provisions of Section 206C of the Income Tax Act, as under:
Facility of efiling of returns extended to Punjab luxury tax and Entertainment tax0 comments Wednesday, June 8, 2016
GOVERNMENT OF PUNJAB
DEPARTMENT OF EXCISE AND TAXATION
PUBLIC NOTICE
Kind Attention: Dealers/Chartered Accountants/Lawyers/Other Stakeholders Assessee cannot be asked to reverse ITC for non payment of tax by selling dealers0 comments Tuesday, June 7, 2016
In a PATH BREAKING
JUDGEMENT the Madras High Court has held that Assessee cannot be asked to
reverse input tax credit due to non-payment of taxes by the selling dealers.
Sri Lakshmi Textiles Vs.
the Commissioner of Commercial Taxes and Others
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Featured PostTCS to apply only on cash portion of sales transaction CBDT clarifiesWelcome clarification by CBDT on TCS on Cash Sale. CBDT vide Circular No. 23/2016 dt. 24 June 2016 has clarified on FAQs of stakeholde... 
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