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: VAT RATES :: due date for vat payment :: cpt :: list of goods taxed at 4% :: VAT Audit :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: TDS
 
 
Direct Tax »
 CBDT asks I-T dept to take urgent steps
 I-T department asks taxpayers to update their information on e-filing portal
 Companies may have to submit income estimates by 15 November
 CBDT proposal on advance estimates of tax liability irks industry
 Advance tax calculation: Firms may have to furnish Apr-Sept income estimates
 Companies may have to furnish Apr-Sept income estimates to I-T dept
 CBDT working on a draft rule that makes it compulsory for companies to provide income estimates by Nov 15
 Companies, HNIs may soon have to specify reason for paying less advance tax than previous year
 TDS Applicability On Government Contracts Under Gst (Under Section 51 Of The Cgst Act, 2017)
 CBEC tells field officers to take GST disputes to Supreme Court
 Jurisdiction-free income-tax assessment on the cards

How to cut your tax outgo by restructuring income, expenses
May, 18th 2015

There seems to be no end to random working of Nagpur Municipal Corporation's (NMC's) property tax department. Even as NMC is unable to provide records of property tax accounts on orders of state information commissioner, it has now emerged that the civic body does not levy a common rate on schools and colleges.

Consumer activist Shankar Gulani has obtained information under Right to Information (RTI) Act that shows that while most schools and colleges are levied tax at residential rates, taxes of a few are being assessed at commercial rates. The schools, which are being charged at commercial rates, are apparently unaware of this discrepancy. They are paying double the tax that they should pay as per law.

Gulani told TOI that as per Municipal Act, schools and colleges, whether aided or non-aided, should be charged property tax at residential rates. "Time and again NMC officials have shown that they do not care about the laws and act as per their whims and fancies," he said.

The information given by Dhantoli zone shows the level of arbitrariness in property tax department. There are 13 educational institutes that are levied property tax.

Bhide Girls High School, Bhide Girls Primary School, Dinanath High School, Bengali Education Society, Sule High School, Mount Carmel Girls School, Oswal Education Society and Pragati High School are charged property tax at residential rates.

On the other hand Matru Sewa Sangh maternity home, South Indian Education Society, Shivaji Science College and New English School are charged at commercial rate.

Gulani had gathered the data zone wise. There is difference in their response. While eight out of 10 zones provided him the required data Dhantoli and Nehru Nagar zones didn't furnish it on the grounds that they were in the nature of questions.

The activist also said that he was not being provided the records of property tax demand notes he had submitted to NMC. "The information commissioner had warned them in the last hearing for repeated failure to provide information," he said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Portal Design Website Design Portal Designing Website Designing Web Design Professional Portal Design Professional Website Design Professional Web Design Portal Design India Website Design India Portal Designing India Website Designing India Web Design India Professional Portal Design India Professional Website Design India Chicago Professional Web Design New York Professional Web Design California Website Design Florida Website Design New Jersey Website Design Britain UK Website Design London Manchester Website Design

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