Students even not registered for classes may contact for clarification of their doubts and all query will be answered in due course of time.

For Sending your query, you should follow following format so that answer can be given in minimum time:-

Zero Rate sale – Eligibility criteria under Tamilnadu VAT

Commissioner of Commercial Taxes of Tamilnadu has recently issued a circular in which he addressed & clarified some issues on zero rate sale.

Amount Received by Partner of the Firm at the time of retirement not liable to tax

Recently Honourable High Court of Bombay in the case of "CIT vs. Riyaz A. Sheikh (Bombay High Court)" (for full case law click here)  held that amount received by partner on his retirement is not chargeable to tax as capital gains.

Compulsory online payment of service tax if tax liability is Rs.One lakh

Presently, where an assessee has paid Service tax or Central Excise in Cash or through Cenvat credit of Rs. 10 lakh or more in the preceding financial year, he is required to make payment of Service tax or Central Excise electronically through internet banking.

Due date of filing Delhi VAT Return extended for IInd Quarter

Due date of filing Quarterly Return of IInd quarter for FY 2013-14 under DVAT has been extended vide Circular No. 26 of 2013-14 dated 20.11.2013 . Now it can be filed upto 25^th Nov 2013 and followed by hard copy upto 28^th Nov 2013.

Copy of circular given below for reference:-