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Income Tax Return Form for FY 2014-15

Today we discuss on the Income Tax Form for FY 2014-15 and assessment year 2015-16. Government of India has notify the form for the income tax as per the income class. In this blog we will share the income tax return form to be filed by the HUF or Individual as per their nature of income.  We have describe all ... Read More »

Solution to Open a Current Accounts in a Bank

  Today we discuss on Solution to Open a Current Accounts in a Bank? Are you want to start a business and facing problem in getting the current account opening. “Bank ask for registration and resigration ask for bank accounts” We are trying to solve the bank account opening difficulty in this blog. Open a Current Accounts in a Bank for ... Read More »

Filling of CST Return in Maharashtra

Today we discuss on Filling of CST Return in Maharashtra. steps and guidelines to file the CST Return in Maharashtra. First Step – Download the CST Form Visit mahavat.gov.in and download the CST Form III E. Use Mozilla Firefox to download the form. Second Step – After download the form fill the Form is following step – In I row  – You ... Read More »

Dealer Registration in central excise

Today we are discussing on the Dealer Registration for central excise, there are three type of registration in central excise (Registration for manufacturer, Registration for dealer and importer). Dealer registration is required if a person is doing trading of excisable goods purchasing goods from one person and sale to another person. Type of Dealer in central excise There are two ... Read More »

Type of Registration in central excise

Today we are discussing on the type of Registration in central excise, there are three type of registration in central excise (Registration for manufacturer, Registration for dealer and importer). How many type of Registration in central excise Manufacturer Registration in central excise If person manufacturing any goods in his factory. He has to take the registration of excise under manufacturer. ... Read More »

Instruction on filling of Annual E Return annexure in mvat

Today we discuss on the  filling of Annual E Return annexure in Mvat . Annual E Return annexure in mvat contains total Ten Sheets. Now we are going to discuss all the sheets one by one.  We have already discussed in our earlier post the concept of Annual E return Annexure, Difference between Annual E return Annexure & regular return Annexure ... Read More »

Highseas transaction in vat

Today we are going to discuss on  a Highseas transaction in vat which is: Export High Seas and Export direct Import High Seas and Import direct These topics are very well known to the persons who have basic knowledge of VAT but the people who are unaware of VAT doesn’t know much about this. Highseas transaction in vat relating to Export ... Read More »

HUF – An tax saving option

Today we discuss on HUF – An tax saving option, HUF state for the Hindu undivided family, How to create the HUF, HUF creation date in the income tax, how to start the HUF, Income tax benefits of an HUF. Formation of HUF – Pls find below the formation of HUF as per Hindu law and income tax HUF creation ... Read More »

Accounting entries relating to Tax deducted at source

Today we are going to discuss a simple & basic concept relating to accounting entries of Tax deducted at source on expenses & income. Most of people other than people from accounting background doesn’t know much about this. They always have some confusion about this. We are already discussed in our earlier post relating to TDS deduction limit, TDS rate ... Read More »

Increase in service tax rate from12.36% TO 14%

SERVICE TAX RATE INCREASED FROM 12.36% TO 14% EFFECTIVE FROM 01.06.2015. After the  President has make signature on the Finance Bill, 2015 on Thursday, May 14, 2015 as passed by the parliament in union budget 2015. , The Ministry of Finance Department of Revenue has issued a  Notification No. 14/2015- ST dated May 19, 2015 . this notification has notified ... Read More »