In following video I have explained the importance of the IFRS in job industries for the Chartered Accountants. … [Read more...]
Late Fees Exemption Conditions under MVAT Act 2002 – MVAT Notification dated 27/12/2013
FINANCE DEPARTMENT Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated the 24th December 2013 . NOTIFICATION MAHARASHTRA VALUE ADDED TAX ACT. 2002. No. VAT 1513/C.R. 124/Taxation-1.-In exercise of the powers conferred by the proviso to sub-section (6) of section 20 of the … [Read more...]
Income tax rate for financial year 2013-2014
A. For resident individual (male or female) who is not senior citizen and HUF, AOP, BOI and AJP: Net Income Income Tax Rate Surcharge Up To Rs. 2 Lacks NIL NIL Rs.2 Lacks to Rs.5 Lacks 10% of (total income – Rs. 2 Lacks) NIL Rs.5 Lacks to Rs.10 … [Read more...]
Documents and fees required for mvat registration
In previous article we have seen the procedure of MVAT registration. Now let’s see the documents required for MVAT registration. 1) PAN of Dealer (PAN of partners/directors is also required in case of firm/company) 2) Constitution certificate :- a) Proprietorship:- Shop Act License / If Shop … [Read more...]