Author name: CA Ritul Patwa

LOK SABHA ELECTIONS 2014 : Expenditure by Political Parties and other persons

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1.1       Section 77(1) of the Representation of the People Ac, 1951, provides that every candidate contesting election shall keep a correct account of all election expenditure incurred or authorized by the candidate or his election agent. The expenditure incurred on travel by leaders of a political party whose names have been communicated to the …

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SERVICE TAX LIABILITY ON EDUCATION INSTITUTIONS

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As per our constitution and in accordance with the law – Formal Education (Schooling, recognised Graduation & Post Graduation Courses) in India are ‘not for profit’ activity. In line with this principal, under the negative list regime of the Service Tax Laws effective from 01-07-2012, the government has declared certain services given and received by an …

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EXPERIENCE OF VCES, 2013 – A NEW APPROACH BY SERVICE TAX DEPARTMENT

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I have been closely associated as a professional consultant with the Service Tax Voluntary Compliance Encouragement Scheme (VCES), 2013, since the enactment of the scheme by the government. Few of the early declaration in Jaipur under VCES, 2013 have been filled from our office. As a witness to the implementation of the scheme and on …

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Service Tax VCES 2013 – Hotel Industry Training Session by CA Ritul Patwa

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A technical session was organised on 19.11.2013 in Jaipur on impact of Service Tax on hotel industry and the benefits of VCES, 2013 for the hotel industry. The event was organised by the Hotel Association of Jaipur. As a keynote speaker at the session CA Ritul Patwa discussed different categories of services within a hotel …

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WORKS CONTRACT SERVICE : PROBLEMS IN DECLARATION UNDER VCES 2013

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Before we discuss the problems faced by an Assesee engaged in the Works Contract Service and intends to make a declaration under VCES, 2013, we must understand the Taxability of Works contract Service prior to 01-07-2013. LEGAL POSITION PRIOR TO 01-07-2013 “Works contract”, for the purposes of section 65(105)(zzzza), means a contract wherein,- (i) transfer …

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FAQ : SERVICE TAX VOLUNTARY COMPLIANCE ENCOURAGEMENT SCHEME, 2013

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About VCES, 2013 Service Tax Voluntary Compliance Encouragement Scheme, 2013 has been proposed by the Finance Minister in budget for the year 2013-14, to encourage the defaulters of Service Tax, who have not declared and paid the ‘Tax Due’ for the period from 01.10.2007 to 31.12.2012 which upto 1st day of March 2013. The eligible …

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SERVICE TAX VOLUNTARY COMPLIANCE ENCOURAGEMENT SCHEME, 2013

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About VCES, 2013 Service Tax Voluntary Compliance Encouragement Scheme, 2013 has been proposed by the Finance Minister in budget for the year 2013-14, to encourage the defaulters of Service Tax, who have not declared and paid the ‘Tax Due’ for the period from 01.10.2007 to 31.12.2012 which upto 1st day of March 2013. The eligible assessee …

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