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TAXING TIMES: 5% VAT OF FLATS

August 30, 2012
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TAXING TIMES: 5% VAT OF FLATS

India is trying hard to get out of inflation problems but it seems no solution.  The recent Supreme court interim order has risen   the inflation. The State of Maharashtra had levied VAT on flats bought in Maharashtra in between 2006 to 2010.  However that was challenged by Housing Industry & others in Bombay High...

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SEPARATION OF EXECUTIVE AND LEGISLATURE- FULL OR PARTIAL

September 3, 2011
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SEPARATION OF EXECUTIVE AND LEGISLATURE- FULL OR PARTIAL

   INTRODUCTION:- The Constitution of India is the supreme law of India. It was passed by the Constituent Assembly on November 26, 1949 and came into existence on January 26, 1950. It declared the Union Of India to be a sovereign, democratic, republic, assuring...

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SUPREME COURT VERSES THE STATE?

July 10, 2011
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SUPREME COURT VERSES THE STATE?

Given below is an interesting article I found while reading the daily “Indian Express” on Saturday 09-July-2011. The article reveals the astonishing fact that the Middle Class (working class) is a source of “Black Money”. In the Supreme Court’s recent black-money order, the case...

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THE MONEY LINE

February 5, 2011
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THE MONEY LINE

Black Money issue has taken  the hot seat  in all the countries &  the same is  in India. I found a this wonderful article on newspaper daily “The Indian...

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LAST DATE TO E-FILE MVAT AUDIT REPORT Form 704 IS EXTENDED UPTO 15 FEBRUARY 2011

February 1, 2011
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LAST DATE TO E-FILE MVAT AUDIT REPORT Form 704 IS EXTENDED UPTO 15 FEBRUARY 2011

Kind Attention to all MVAT Dealers.Maharashtra Sales Tax Department has finally issued Circular No. 03T of 2011 dated on 31.01.2011, extending the due date for Maharashtra VAT Audit upto...

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