Section 72a of finance act 1994
WebIn the Income-tax Act, after section 72, the following section shall be inserted, with effect from the 1st day of April, 1978, namely: —. Provisions relating to carry forward and set off … Web4 Jan 2016 · The FAST Act attempts to address these issues by adding the new Section 4(a)(7) to the Securities Act. Section 4(a)(7) creates a new nonexclusive safe harbor for …
Section 72a of finance act 1994
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Web18 Jan 2014 · The provisions of section 72A are akin to those of section 4A and 14AA of Central Excise Act, 1944. It also covers correct determination and declaration of valuation … WebUnder the Central Excise Act, 1944 and Service Tax law (vide Finance Act, 1994), special audit was prescribed under Section 14A and 14AA of Central Excise Act, 1944 and …
WebThe provisions of the Income Tax Act which govern a tax audit mandate that a Chartered Accountant should furnish an audit report in the specified form. This article is a brief … WebThe petitioner vide letter dated 20th October, 2014 has contested the allegation stating that the PMC Charges were exempt under Notification No.25/12-ST as they were a part and parcel of construction services undertaken for the government, governmental authority or local authority and were bundled services as per the terms of Section 66F(3) of the …
Web5 Oct 2024 · Whether any audit was conducted under Section 72A of the Finance Act, 1994 in relation to valuation of taxable services, if yes, give the details, if any, of disqualification … WebFindings on the Finance Act, 1994 • A conjoint reading of section 72A of the Finance Act, 1994 and Rule 5A of the Service Tax Rules, 1994 (Rules), clarifies that in case of a private …
WebThis Act underwent amendment in 2008 to accommodate provisions essential to regulate cybercrimes as well as protect data and privacy on cyber space. In addition to the law, …
WebAlteration of rates of income tax. 3. Personal reliefs. 4. Amendment of section 138B (employee allowance) of Income Tax Act, 1967. 5. Amendment of section 6 (special … moana activity sheetsWeb3 May 1994 · 72 Interpretation: premium. (1) In relation to a taxable insurance contract, a premium is any payment received under the contract by the insurer, and in particular … moana acoustic medleyWeb— Notwithstanding anything contained in sub-clauses (i) to (iii) of clause (1B) of section 2 or section 72A, where there has been an amalgamation of a banking company with any … injection for sciatic nerveWebSection 72A of Finance Act, 1994 envisages an audit of an assessees records in the three cases i.e.1) when there is a failure to declare or compute the value of the taxable service, … moana after creditWebSection 72 – Best judgment assessment. – Chapter V of Finance Act, 1994. 1[Best judgment assessment. 72. If any person, liable to pay service tax,—. (b) having made a return, fails … injection for ricketsWeb21 Jul 2008 · There are currently no known outstanding effects for the Finance Act 1994, Section 72. Changes to Legislation. Revised legislation carried on this site may not be … injection for sea sicknessWebFrom Section 94 of the Finance Act, 1994 it can be seen that the Central Government has been empowered to make Rules for carrying out the provision of Chapter 5 of the Finance … injection for sciatica