Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Tally On Cloud Tally on Cloud: Ready for the Daily Backup Requirement
Keep your Tally books accessible from anywhere while supporting your Rule 46(8) obligations. With daily backups configured on servers physically located in India, Tally on Cloud helps you maintain the backup arrangement required for electronic books of account under the Income-tax Rules, 2026. Move your Tally to the cloud with confidence.
Open DEMAT Account with in 24 Hrs and start investing now!
« Top Headlines »
Open DEMAT Account in 24 hrs
 Mock Test Papers Series - I & II for Students appearing in CA Foundation January 2027 Examination.
 Income Tax Rules 2026: CBDT Introduces Revised Form 161 for Penalty Waiver, Clarifies Misreporting Categories and Taxpayer Relief
 ITR Filing and Income Tax Audit Deadline Extended: 5 Critical Things Taxpayers Must Know
 Filing Belated ITR for AY 2026-27? Know Which Losses You Can Carry Forward and Which You May Lose
 CBDT Extends Tax Audit Report Deadline to October 21, ITR Filing Last Date to November 21 for AY 2026-27
 CBDT Extends AY 2026-27 ITR Filing Deadline for Tax-Audit Cases: New Dates and Key Compliance Details
 Foreign Assets Missing From Your ITR? Income Tax Department Opens One-Time Disclosure Window
 Tax Audit Deadline September 30: Why AIS, TDS and GST Figures May Not Match Your ITR and What Taxpayers Should Do
 Tax audit deadline September 30: Common mistakes taxpayers should avoid
 Your ITR says ‘verified’, but the refund hasn’t arrived? 5 reasons why your money could be stuck
 Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money

VAT: State builders object to collection methods
February, 18th 2008
The construction industry in Andhra Pradesh is mired in a deep crisis caused on the one hand by spiralling input costs and on the other by the policies of the State Government, especially in collection of Value Added Tax, according to Mr P.R. Mundle, President of the Builders Association of India (BAI), and Mr S.N. Reddy, Chairman of BAI, Andhra Pradesh centre.

The two were speaking to the press here on Sunday, after a meeting of the association organised by the local centre to discuss the problems faced by the industry.

Suffering in silence

They complained that builders were being treated as tax evaders and criminals in the State and not as partners in progress.

The Commercial Taxes department is making all sorts of demands on us and even when we move the courts there is little relief.

In many cases, after protracted legal battles at the first appellate level, the eligible refunds are withheld, arbitrarily invoking the revision proceedings provision. The smaller players are suffering in silence, they complained.

Award builders

They appealed to the State Government to change its attitude and to treat them fairly. They said the National Treasurer of BAI, Mr D.L. Desai, had led a delegation to the Principal Secretary of the Andhra Pradesh Government and presented their problems.

We hope corrective action will follow and there will be some relief to the harassed builders in the State, they said.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2026 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting