Latest Tax News & Updates

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CBI arrests Enforcement Officer EPFO Accepting Bribe

Income Tax - 03-Apr-2019

CBI Press Release- New Delhi, 18.03.2019 The Central Bureau of Investigation has arrested an Enforcement Officer, working in Employees Provident Fund Organization (EPFO), Nagpur (Maharashtra) for demanding and accepting a bribe of Rs. 50,000/- from the complainant. The case has been registered u/s 7(a) of PC (Amendment) Act, 2018against the Enforcement Officer on a complaint. The complainant had alleged that his Nagpur based firm was engaged in supply of manpower to different...

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Income Tax Departments sets up control rooms for NER for LS Election

Income Tax - 03-Apr-2019

The Income Tax Department (Investigation), NER has prepared itself to deal with any reported movement of unaccounted money ahead of the Lok Sabha elections. Pursuant to the notifications for holding Lok Sabha Elections 2019 by the Election Commission of India(ECI). the Investigation Directorate of the Income Tax Department, North East Region (NER) has deployed Surveillance Teams in Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram. Nagaland and Tripura, Air Intelligence...

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No Service Tax On training under Deen Dayal Upadhyaya Grameen Kaushalya Yojana

Service Tax - 03-Apr-2019

Central Government hereby directs that service tax  on the services provided by training providers (project implementation agencies) under the Deen Dayal Upadhyaya Grameen Kaushalya Yojana(DDUGKY) under the Ministry of Rural Development by way of offering skill or vocational training courses certified by the National Council for Vocational Training, in the said period, but for the said practice, shall not be required to be paid for the period commencing from the 1st of July,2012 and...

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Service Tax Payable on Sale/Registration of Post/ Prepaid SIM

Service Tax - 03-Apr-2019

The present appeal arises out of confirmation of demand of Rs.4,88,898/- against the appellant on the value received by them on account of ‘sale of post paid SIM’, ‘registration of post paid SIM’, ‘access registration of pre-paid SIM’ and sale of Anant plan (Life time prepaid SIM)’, which has been held as includable in the taxable value for the purpose of levy of Service Tax by the lower adjudicating authority and same has been confirmed by the...

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CAG Report on Levy & Collection of Service Tax on Entertainment Sector

Service Tax - 03-Apr-2019

Levy and collection of Service Tax on Entertainment Sector Union Government Department of Revenue Indirect Taxes- Service Tax Report No. 31 of 2017 Laid on the table of Lok Sabha/Rajya Sabha____________ Preface This Report has been prepared for submission to the President of India under Article 151 of the Constitution of India. The Report contains significant results of the performance audit on Levy and collection of Service Tax on Entertainment Sector and covers the...

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