Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: empanelment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: TDS :: VAT Audit :: ACCOUNTING STANDARD :: VAT RATES :: articles on VAT and GST in India :: cpt :: list of goods taxed at 4% :: Central Excise rule to resale the machines to a new company :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: form 3cd :: TAX RATES - GOODS TAXABLE @ 4%
 
 
News Headlines »
 Have you missed the due date of filing your Tax Returns?
 What you should know about income tax refunds
 Income tax scrutiny to remain limited despite surge in returns filed
 Regarding Filing of online return for first quarter of 2017-18 extension upto 01-09-2017
 Deadline to file returns extended to 28 August for biz with transitional
 GST input tax credit form
  How to rectify income tax returns
 Govt extends tax exemption for industry in North East, hilly states
 Should you file revised Income Tax returns; find out here
 Tax Deducted at Source (TDS) in Goods & Services Tax (GST)
 10 companies that blamed GST for soft June quarter

Punjab Excise and Taxation Dept. found tax evasion of Rs. 42 lakh
January, 10th 2008
Excise and Taxation Department has traced tax evasion of Rs. 42 lakhs during special search operation.

Assistant Excise and Taxation Commissioner of Mobile Wing Amritsar Rajpal Singh said that in a drive to increase the collection of revenue and check the evasion of VAT Tax started through out the state.

During this drive the Mobile Wing of Amritsar has detected evasion of Rs. 42 lakhs with the manufacturing unit of Tobacco Products belonged to M/s Gauri Mal Faqir Chand, at Gurdas district here today, said Singh.

Singh said that the entire business of M/s Gauri Mal Faqir Chand was inspected and during check operation of accounts it was found that the firm has made sale of Rs. 3.36 Crore of Kranti bidi on which firm was required to pay tax @ 12.5% under the provision of the VAT Act which comes approximately Rs. 42 lakhs but no tax was paid by the firm owner.

Singh said the recovery of Rs. 42 Lakhs would be made with in a week period otherwise strict action against the manufacturing unit would be initiated by seizing all the transactions of the firm.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
System Testing Solution Manual Software Testing Solutions Automation Software Testing Solutions System Workflow Testing System Manual Testing

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions