Monday, 22 September 2014

Service Tax return (Apr-Sep 14) now available.

Service Tax Return (ST-3) for the period from April-14 to September-14 will be made available for e-filing by the assesses. The last date for filing the returns for the said period is 25th October, 2014. The assesses can file return online or use the offline utility by downloading the latest version from http://acesdownload.nic.in/ or from "DOWNLOADS" Section of ACES website. For details on how to e-file in ACES or for any other information/assistance, you may visitwww.aces.gov.in or contact your jurisdictional Service Tax Officer or the nearest ACES Certified Facilitation Centres (CFCs). Please file your returns in ACES well in advance to avoid rush and inconvenience at the last moment.

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Supreme Court ruling holds non-compete fee is allowable as revenue expenditure

  The Hon’ble Supreme Court settled the long-standing controversy surrounding the tax treatment of non-compete fees and, based on the facts ...