Monday, December 1, 2014

Whether security provided by government from terrorists liable to SERVICE TAX?



Mcleod Russel (India) Ltd., Kolkata Vs. Union of India & Anr. (Calcutta High Court), W.P. No. 48 of 2014, Judgement On:  20.11.2014
Whether security provided by government to Tea Plantation owners in Assam in order to protect from terrorists liable to SERVICE TAX?
Mcleod Russel (India) Limited having its registered office at 4, Mangoe Lane, Kolkata has tea plantations in the state of Assam and the area is highly volatile and acts of vandalism being carried out by terrorists. The consortium of tea plantation owners approached government for protection as it was causing financial loss and was detrimental to the interest of the revenue.

Hussh…Finally Income Tax Return e-filed – Now Face Revamped Income Tax Department


CA Umesh Sharma
Arjuna (Fictional Character): Krishna, Income Tax Payer to whom Tax Audit is applicable has become relaxed after e-filing Income tax return on 30th November 2014, i.e. on last date. But now what next?
Krishna (Fictional Character): Arjuna, the last date for such income tax return filling is 30th September but this year due to several changes in tax audit report various high courts have extended the due date to 30th November.