Thursday 3 May 2012

Salary TDS Certificates in Form 16 for FY 2011-12

The Salary TDS Certificates in Form 16 for FY 2011-12 is now available in tin portal where we are currrently downloading the Form 16A required to be issued to mandatory from portal only.

The issuance of Form 16 only from portal is not mandatory as no specific notification had been issued in this regard.

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HC upholds validity of provisions restricting ITC where supplies are taxed under RCM

  This Tax Alert summarizes a recent judgement of the Delhi High Court (HC) [1] dealing with the issue of denial of input tax credit (ITC) ...