Extension of due date for submission of Income Tax return

CBDT vide order u/s 119 dated 09/09/2016 has extended the 'due date' for submission of Returns of Income from 30/09/2016 to 17/10/2016 in the case of income tax assessees throughout India who are liable to file their Income tax returns by 30/09/2016. For details:
http://incometaxindiaefiling.gov.in/eFiling/Portal/StaticPDF_News/Extension-of-date-of-filing-return-09-09-2016.pdf

Goods and Service Tax- NEXT STEPS

With Rajya Sabha approving the long-delayed GST bill, the government has announced on thursday, 4th Aug., 2016,  roadmap on implementation of GST.
 Read more: https://drive.google.com/open?id=0B1rRav-P4-8Jb1ptbDFqMjhWemc
Source:finmin.nic.in

VACANCY FOR ARTICLED ASSISTANTS

At Vinay Kaushik & Co. 

We offer:- 

⇒ Best professional environment and valued exposure in the fields of:

•       Direct and Indirect Taxes, 
•       Corporate Laws, 
•       Labour Laws, 
•       Management consultancy,
•       Accounting and Auditing 

⇒ Flexibility in exams preparation leave, within the parameters of ICAI guidelines.

⇒ Unsurpassed monthly stipend, ranging between Rs.4,000.00  to Rs.6,000.00, plus other allowances (on actual basis).

⇒ Modern infrastructure and gadgets.

⇒ Exposure to latest licenced softwares and IT Tools for auditing and accounting.

⇒ Exposure to enhance communication skills. 

Apply at the following address / Email:

Vinay Kaushik & Co.
Chartered Accountants
2nd floor, Meridian Tower-2,
Near Passport Office, 
Indira Gandhi Marg,
Udhna Darwaja, 
Surat-395003.

Email: vinay.kaushik@icai.org 

 Tel. +261-2333527 / 6534665

 Cell +9227907024

TRANSITIONAL PROVISIONS UNDER MODEL GST LAW

The objective of the presentation is to impart understanding on various issues which a business unit/service provider shall face in this change over from earlier law to GST.

https://drive.google.com/file/d/0B1rRav-P4-8JMDdSZnpUb1ZXNVk/view?usp=sharing

TCS important amendments w.e.f.01.06.2016

Tax Collected at Source TCS important amendments effective from 1st June, 2016
Read More:
https://drive.google.com/file/d/0B1rRav-P4-8JSWpqNXpjcmdRTG8/view?usp=sharing

Vinay Kaushik and Co.: Point of Taxation for New Levy of Krishi Kalyan Ce...

Vinay Kaushik and Co.: Point of Taxation for New Levy of Krishi Kalyan Ce...: Government is seeking to impose KKC in cases, where the invoice and provision of service has taken place prior to June 1, 2016, however pa...

Point of Taxation for New Levy of Krishi Kalyan Cess(KKC)

Government is seeking to impose KKC in cases, where the invoice and provision of service has taken place prior to June 1, 2016, however payment is not received till June 1, 2016. This would imply that on all debtors as on May 31, 2016, assesses will be liable to pay KKC. KKC would be payable in case liability to pay Service tax is on service provider but under similar situation KKC would not be payable when liability to pay Service tax is on the service recipient under reverse charge.

Read more:

https://drive.google.com/file/d/0B1rRav-P4-8JY0RKcnZMOWpvMWM/view?usp=sharing